# PACIFIC WEST BANK
WEST LINN, OR · FDIC certificate 57872 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 3 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $420.7M | |
| Deposits | $379.8M | |
| Loans and leases | $264.7M | |
| Total equity | $36.1M | |
| Loans / deposits | 68.82% (p24 of band) | 82.04% |
| Liquid assets / assets | 34.66% (p75 of band) | |
| Uninsured deposits / deposits | 27.87% (p58 of band) | 25.97% |
| Brokered deposits | 0.47% | |
| Wholesale funding | 0.95% (p34 of band) | |
| FHLB advances / assets | 0.48% | |
| Tier 1 leverage | 9.14% (p15 of band) | 10.81% |
| Unrealized securities loss / equity | -7.72% (p51 of band) | -8.10% |
| AOCI / equity | -0.43% (p45 of band) | |
| ROA (annualized) | 0.30% (p7 of band) | 1.28% |
| Net interest margin | 3.09% (p12 of band) | 3.91% |
| Efficiency ratio | 86.73% (p93 of band) | |
| Noncurrent loans | 2.98% (p94 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p16 of band) | |
| Reserve coverage of noncurrent | 41.79% | |
| Real estate % of loans | 80% | |
| Construction % of loans | 15.70% (p20 of band) | |
| Auto loans | $19.6M (7.39% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $760,000 (2% of equity) (p92 of band) | |
| Deposits YoY | 19.1% | |
| Employees | 41 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | leverage <7%, losing money, expense ratio p90, charge-offs p90 |  |
| 2011-06 | 5 | reserve under noncurrent |  |
| 2011-09 | 4 |  | reserve under noncurrent |
| 2011-12 | 7 | leverage <5%, capital falling |  |
| 2012-03 | 9 | deposits shrinking, assets shrinking, uninsured deposits leaving | charge-offs p90 |
| 2012-06 | 5 |  | leverage <5%, capital falling, uninsured deposits leaving |
| 2012-09 | 6 | uninsured deposits leaving |  |
| 2012-12 | 4 |  | deposits shrinking, uninsured deposits leaving |
| 2013-03 | 6 | charge-offs p90, deposits shrinking |  |
| 2013-06 | 3 |  | assets shrinking, charge-offs p90, deposits shrinking |
| 2013-09 | 3 |  |  |
| 2013-12 | 4 | deposits shrinking, assets shrinking | losing money |
| 2014-03 | 4 | uninsured deposits leaving | assets shrinking |
| 2014-06 | 3 |  | deposits shrinking |
| 2014-09 | 2 |  | uninsured deposits leaving |
| 2014-12 | 1 |  | leverage <7% |
| 2015-03 | 2 | reserve under noncurrent |  |
| 2015-06 | 1 |  | reserve under noncurrent |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 0 |  | expense ratio p90 |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | capital falling |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 0 |  | capital falling |
| 2017-09 | 0 |  |  |
| 2017-12 | 1 | losing money |  |
| 2018-03 | 0 |  | losing money |
| 2018-06 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2018-09 | 2 |  | uninsured deposits leaving |
| 2018-12 | 2 | losing money, expense ratio p90 | deposits shrinking, assets shrinking |
| 2019-03 | 2 |  |  |
| 2019-06 | 3 | capital falling |  |
| 2019-09 | 3 |  |  |
| 2019-12 | 3 |  |  |
| 2020-03 | 3 |  |  |
| 2020-06 | 3 |  |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 2 | uninsured deposits >50% | losing money, expense ratio p90 |
| 2021-06 | 2 |  |  |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 3 | deposits shrinking, assets shrinking |  |
| 2022-06 | 1 |  | deposits shrinking, assets shrinking |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 2 | charge-offs p90 |  |
| 2023-06 | 5 | wholesale funding >15%, expense ratio p90, deposits shrinking |  |
| 2023-09 | 6 | capital falling, losing money, uninsured deposits leaving | uninsured deposits >50%, charge-offs p90 |
| 2023-12 | 7 | loans exceed deposits, uninsured deposits >50%, run vulnerability | deposits shrinking, uninsured deposits leaving |
| 2024-03 | 8 | brokered >10% |  |
| 2024-06 | 7 | uninsured deposits leaving | uninsured deposits >50%, run vulnerability |
| 2024-09 | 3 |  | wholesale funding >15%, loans exceed deposits, brokered >10%, uninsured deposits leaving |
| 2024-12 | 3 | uninsured deposits leaving | capital falling |
| 2025-03 | 2 |  | losing money |
| 2025-06 | 4 | noncurrent p90, charge-offs p90, reserve under noncurrent | uninsured deposits leaving |
| 2025-09 | 5 | capital falling |  |
| 2025-12 | 5 |  |  |
| 2026-03 | 4 |  | charge-offs p90 |
| 2026-06 | 3 |  | capital falling |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-08-30 [Mountlake Terrace bank expands in Portland area after closing acquisition - The Business Journals](https://news.google.com/rss/articles/CBMiogFBVV95cUxOUzRrWU90NDBCSG1sUjBrR3RZeDhTc1RlZlU5R3dqaEk1SVdQUTNCX0VUaW5IWU14djkwRGpsUWREcEljTTVQY2FVOUVYelBjSVNNaFkwbmo2ZzRzQ05HN2Y0VWNDYjNXbm4tcllNWUV4U3ZqbWRneExUUjlBS2UxX2hCVUxqei1DckNXV2lib2Y1Q085U3RxU0Zwd2pxZWJTTlE?oc=5) · The Business Journals
- 2026-08-21 [FS Bancorp completes acquisition of Pacific West Bancorp for $16.83M cash and 430,176 shares - TradingView](https://news.google.com/rss/articles/CBMi6AFBVV95cUxOSmVmTDhyTmpaeVQ1N1k5dHNocXIxUmt6bkZCa2dza2xHNi1wVWROeTQxS1F1UGRXckpJLTV5dHJ3dFBJU0Y2V3lsb0M1ZTQ2YmVyaFZHWWMwYlQzci01MkR2eUg5cVotbVZlaFJPc3JmWFZ0S3JvUnhhQXl4RmNjeTBhbkhrbnlqLWJiUm1DRDhzVWZMaV95SWF5cWg4dHNBNkVDWHFlX2JiZ2FuVmhOV3pJV2NHRWlpNmhfM05ud0ZLZWJWb0RBQlo5bWU0WGFHMC1MM0g0aGI5RWE1cXBHQ1pvWGQzbXY4?oc=5) · TradingView
- 2026-08-20 [FS Bancorp completes bank deal with $16.8M cash and 430,176 shares - Stock Titan](https://news.google.com/rss/articles/CBMivgFBVV95cUxPNWQzRnp3LVNiQThDNmo1c2FPQ0RpMk43anFWZnN4cHYtc3BWS2pBTE4xdG5OTE4tdnRFeFYtSDFDb3dvb0Y0Nk5hY0hIejNzbW83TTd4R05kamo0NXhSWXZreC1jM2J1NmRtNEhzUmRyVTJqaU1qUEc4VDRCbzZyN1BXV2h6N1FHTjBDWFJ4RlJYUzczMHl5Y0EzcmsxVUttZ2RGWTNxV2Z6ejBoNUh2ZU5FaDZaVHR4b1Zrd1dn?oc=5) · Stock Titan
- 2026-02-27 [Portland-Area Bank to Merge Into 1st Security Bank of Washington - 425business.com](https://news.google.com/rss/articles/CBMi1gFBVV95cUxOeHJ2WDVic0hyUW1PVi1YS3RaRER1SlRJS0oxUi12d2t1R2VId1pTYTVwZnVtbV9PQjBXZTZQZFJMZWhucEJhTEM4ZzlQenYtdEUzcUJNOFhJc3FNdDdzY0lqb1RXWVJza1pEbTh2OWVFV1BjZWk2ZnFiVXU0VnpfRXZMU3ZWNnlFZHdpT2l2azVHQlhhR3FxcjVnZnRVa1pEdWRSWjJpN3NXaUtKSHpZT0hOM09QcVpwY1lGSGN0a01YT2ZwRFBZUHlaMHFwYV84RzBucEln?oc=5) · 425business.com
- 2026-03-04 [FS Bancorp, Inc. (First Security) and Pacific West Bancorp to Merge - Tillamook County Pioneer](https://news.google.com/rss/articles/CBMipgFBVV95cUxOekdtY0kwaFZSTmFJa3RDTDY1ME9QRi1adHpmSkFyd1duVFdvdnU2bUMtWUFDcWp2U2hMTGZUVFVZalVQQzJjM0s5ckpRUVRqX0ZZZ1NGRDZ6ZnhHZzl0WEtSWnlDZjQwZ2s3UmxBOXNjZmpuOEF5LURjeTFuZkVRQ1pBTm5yLWF2aXJ3eGtXdmdlemYtc3JTUUtFLXZSWUQ4YWZHcnJB?oc=5) · Tillamook County Pioneer
- 2026-08-21 [FS Bancorp Closes Pacific West Bancorp Deal, Expanding Oregon Footprint - finance.biggo.com](https://news.google.com/rss/articles/CBMidkFVX3lxTE9NRDAyYmdlamRrNUpIay14R3BSekVka0tkVFJPcmxlSXN6OFFGbnhpanl5bGYtOS1CQ2lQOE1QUDhlZElJeDQwWWtsa2hQRFFZV2NGNFBjeDZZbVVVMHpZQ2dyZ1RrNlBoWUN2d3ZmVmVOdmQtN2c?oc=5) · finance.biggo.com
- 2026-08-22 [FS Bancorp Completes Acquisition of Pacific West Bancorp - The Globe and Mail](https://news.google.com/rss/articles/CBMi2wFBVV95cUxQdkxQc1U2SlZIdFd2VVEyRmZFSTY0RTB3ME04YnQtNUJQT09qRXJUR0hZMzAwOE9BWkRhdHVMbFM5R0RZUUJ5OFpFRzNNYnUzeGtDUEJvRGNiYW5RZXAtZW81d0VrNlpRaEtZbUtSWWgxSzVaZ1ctc3JIaGtDblJBSGtka2xLbEZEbXpValR0Tkt2dDVZSlgwdEUtdVZ0UXUweUx4SjNMZW1Dc21ZLTNoZDlKQ0lxZnVDWTlueUE5MWZrcTBFcXJzZzNhdUMwdE5xdHRtUXBXcTBRekE?oc=5) · The Globe and Mail
- 2026-08-20 [FS Bancorp, Inc. Announces Completion of Acquisition of Pacific West Bancorp - The Manila Times](https://news.google.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?oc=5) · The Manila Times

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57872 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/16.json (key "57872", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide