# PLAZA BANK
SEATTLE, WA · FDIC certificate 58305 · asset band <$300M · latest filing 2017-09 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. 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 | $74.4M | |
| Deposits | $54.7M | |
| Loans and leases | $63.7M | |
| Total equity | $9.1M | |
| Loans / deposits | 113.20% (p97 of band) | 76.19% |
| Liquid assets / assets | 14.45% (p14 of band) | |
| Uninsured deposits / deposits | 40.82% (p97 of band) | 14.99% |
| Brokered deposits | 4.07% | |
| Wholesale funding | 17.70% (p94 of band) | |
| FHLB advances / assets | 13.63% | |
| Tier 1 leverage | 12.48% (p69 of band) | 11.02% |
| Unrealized securities loss / equity | -0.27% (p30 of band) | 0.02% |
| AOCI / equity | 0.02% (p22 of band) | |
| ROA (annualized) | 1.10% (p63 of band) | 0.90% |
| Net interest margin | 3.76% (p53 of band) | 3.71% |
| Efficiency ratio | 95.94% (p94 of band) | |
| Noncurrent loans | 1.17% (p68 of band) | 0.62% |
| Net charge-offs (annualized) | 0.00% (p33 of band) | |
| Reserve coverage of noncurrent | 237.45% | |
| Real estate % of loans | 71% | |
| Construction % of loans | 28.21% (p64 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 8.2% | |
| Employees | 12 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | brokered >10%, wholesale funding >15% |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 4 | losing money, reserve under noncurrent |  |
| 2011-12 | 4 | capital falling | wholesale funding >15% |
| 2012-03 | 6 | expense ratio p90, noncurrent p90, charge-offs p90 | brokered >10% |
| 2012-06 | 7 | leverage <7%, assets shrinking | noncurrent p90 |
| 2012-09 | 7 | deposits shrinking | capital falling |
| 2012-12 | 7 | uninsured deposits leaving | reserve under noncurrent |
| 2013-03 | 4 |  | charge-offs p90, leverage <7%, uninsured deposits leaving |
| 2013-06 | 5 | uninsured deposits leaving |  |
| 2013-09 | 5 |  |  |
| 2013-12 | 4 |  | uninsured deposits leaving |
| 2014-03 | 6 | leverage <7%, uninsured deposits leaving |  |
| 2014-06 | 4 | charge-offs p90 | assets shrinking, leverage <7%, uninsured deposits leaving |
| 2014-09 | 4 |  |  |
| 2014-12 | 5 | assets shrinking, uninsured deposits leaving | charge-offs p90 |
| 2015-03 | 4 |  | uninsured deposits leaving |
| 2015-06 | 5 | noncurrent p90 |  |
| 2015-09 | 6 | capital falling, charge-offs p90 | noncurrent p90 |
| 2015-12 | 4 |  | deposits shrinking, assets shrinking |
| 2016-03 | 4 | deposits shrinking, assets shrinking | losing money, capital falling |
| 2016-06 | 2 |  | deposits shrinking, assets shrinking |
| 2016-09 | 4 | loans exceed deposits, deposits shrinking, assets shrinking | charge-offs p90 |
| 2016-12 | 3 | wholesale funding >15% | expense ratio p90, assets shrinking |
| 2017-03 | 4 | expense ratio p90 |  |
| 2017-06 | 5 | assets shrinking |  |
| 2017-09 | 3 |  | deposits shrinking, assets shrinking |

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

- 2021-06-10 [Bank On Something Beautiful: Montclair's Bravitas Group Brings The National To Watchung Plaza - Montclair Local News](https://news.google.com/rss/articles/CBMixwFBVV95cUxNWnF1cmdjdEtNNUNBdXd2bWlKM3VDVnREeEpKVS1tYUhxbExPc0p0V0FiU3NBOXJYSngxYmZROHV0TmZKekhLR1ZJRGtDX09GWGt0TmZXdnZfOXEwVnZUeGM2YnQ4bXRpTm40d2pRLXA5VlFBY002b3FxWkZzR2NjVS02Wl8tOXVFM1RmejlFcDdGTjVnbkJraGp0aE9qSlZBUG5jRGNZbmJjaWU4cW03V3VTUzlPU2tJWTVsS1BmSEFNV1VDbERB?oc=5) · Montclair Local News
- 2005-08-11 [Startup bank to serve Hispanics - Seattle Post-Intelligencer](https://news.google.com/rss/articles/CBMijwFBVV95cUxNVmdPckN3OUtqbFVWY1A1d3hsU2gzWDNYTjRiTDA2Qm5zNG56YS0yTXBYU1lSMkJYRkxVMFZXcEd0TDZhRDdNYmxaczFRN0JvTXJZaXlZVWdzcWl6d2RkeHFzVjV1bDNfNldZNEhHc3hFVnBvclVLLTJNWFk5VlZ5VUxPU0hkU2s2ZjdOOVVNbw?oc=5) · Seattle Post-Intelligencer
- 2025-11-05 [Bank seeks to foreclose on Colonie shopping plaza - The Business Journals](https://news.google.com/rss/articles/CBMijwFBVV95cUxOWUI4c3U4Y0dXUVM2MXg0WmY2Zk51ZmE2SlludUpnYnJUYnZEdVE1QnF3T0JtSkQ0VzhYdGNubWNGanhkSndUNV96MHBocmtQanNteUpyS3RjZTJXQS16Z1h5Mzl0SDNGczJGRnRkc0xpTTI0U0xycWFvVWNWbG1ZZjNBUUY4Q0NaS21DUHpLOA?oc=5) · The Business Journals
- 2024-12-04 [List of Recent Failed Banks in the United States (2023-2024) - Norada Real Estate Investments](https://news.google.com/rss/articles/CBMia0FVX3lxTE4zaWFvQzhqc24zdE1QZ1haYnk2b1NsLWxONmNTTV9jVldzbjZqLUM1NV85U3dyaENaUGhWVm0wdllpUlNMZlIteHExdVUzS0JTdXlRWTJiUGJfaEtZSk5wcWhNNG1ZS0U5Y0Vz?oc=5) · Norada Real Estate Investments
- 2019-09-20 [Here’s a peek at downtown Scranton’s newest luxury apartments - Scranton Times-Tribune](https://news.google.com/rss/articles/CBMipwFBVV95cUxQMndRQjhjZk9zWnJ4UHI0OGZrN3NJUjJoTUhHdEZPcklqZUREVmNXYVcydmNoSEdZNk1IaVdFdDVLeHotVU9hT09nczY2b3hNbG1nOTJaU0hEU0dsUHJ1NzBhSU5xT3hwNjBCUjlCRWp1YmZ2cUo2cDgtM3h0amw3TVBxS0lSVDJBLTZlMnNCTEI5QjNBb08xUUlzbGtTS28ydVlfZHhOTQ?oc=5) · Scranton Times-Tribune
- 2016-05-16 [GN Plaza Bank Robber Confesses - LI Press](https://news.google.com/rss/articles/CBMif0FVX3lxTE0xU0dfQ0k4SzZTTG1lSVE3UFhSRkpyZE1aQUlXRmdHalhqNXdSaEpPUFltWm9MMjQ5Yk5QNEhRQzVVckhjazZzOGU0emhMQUZ5eXNXU1BRNWZvLVJoWWpSaTF3cUhQVnFxRXVXdHE2ZDZpeUQxbThyQlI5bzQyNjg?oc=5) · LI Press
- 2021-09-14 [Opinion | Why isn’t the 9/11 mastermind dead yet? Ask Joe Biden. - The Washington Post](https://news.google.com/rss/articles/CBMinwFBVV95cUxOOVdSN1lwYVNkMkpWRUtlVzNjWF9fY0ozd3hlMnhxeVZPb3dLc3QxOGdUTktkbkdmSkY5Z2pxb0RlOUF6dXNMMDBod0VCdjVWOXlvWkN1eUdCWnVTVjBXZlZTcXhqUVNfME9rYW1STHVhaTcybWpyVlNjUUhoejFrN1JMMEh4QjhQeENSRDNPdDNoWmVkV2tuUW9SY2lCY1k?oc=5) · The Washington Post
- 2013-01-18 [Women of color building bridges and uniting communities - Northwest Asian Weekly](https://news.google.com/rss/articles/CBMilAFBVV95cUxNYzctQmM1dUtReXpncUV5WEJOZFFmTEdvZkJyeGkzc1g3ckV1R0J6b19VZDFVSEVUakN5Z1d6dnEtZDI4SDlNMXhabkNBZGcxRU85bTlqd1RTaXBobHQ0T2NUemVzczgtZlRiclBiakpxOGtvTm15cVpYd0JqYjcyUk5yWXRxNnZITHVFdEZiVGt2RmVB?oc=5) · Northwest Asian Weekly

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58305 (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/1.json (key "58305", 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.

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