Pacific West Bank in West Linn, Oregon (OR)



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Pacific West Bank routing number info

Table of contents:
Pacific West Bank
GeneralFDIC Certificate #: 57872
Status: Active
Federal Reserve ID: 3303944
Date Established: November 05, 2004
WWW: http://www.bankpacificwest.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 428709
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: November 05, 2004
Last Structure Change Effective Date: October 06, 2009
Last Structure Change Process Date: October 06, 2009
Last Data Update: October 06, 2009
Data Source Date: April 05, 2012
LocationAddress: 2040 8th Avenue, West Linn, OR 97068
County: Clackamas
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Portland
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Portland-Vancouver, OR-WA (#6440)
Consolidated Metropolitan Statistical Area (CMSA): Portland-Salem, OR-WA (#79)
Core Based Statistical Area (CBSA): Portland-Vancouver-Hillsboro, OR-WA (#38900)
CBSA Metro Statistical Area: Portland-Vancouver-Hillsboro, OR-WA (#38900)
History of ChangesCorrections
Financial SummaryTotal assets: $57.8 mil
Equity capital: $2.9 mil
Deposits held in domestic offices: $50.3 mil
Return on assets (ROA): -3.62% (-$2.1 mil)
Quarterly return on assets: -2.25% (-$1.3 mil)
Return on Equity (ROE): -70.15% (-$2.1 mil)
Quarterly return on equity: -43.92% (-$1.3 mil)
Net income: -$2.2 mil
Quarterly Net income: -$0.3 mil
Pretax return on assets: -3.62% (-$2,092.6 mil)
Quarterly Pretax return on assets: -2.25% (-$1,300.6 mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)16
Total assets$57,806
Cash and due from depository institutions$17,567
Interest-bearing balances$14,867
Securities$0
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$35,992
Loan loss allowance $1,215
Trading account assets$0
Bank premises and fixed assets$2,873
Other real estate owned$663
Goodwill and other intangibles$0
All other assets$711
Life insurance assets$57,806
Total liabilities and capital$54,928
Total liabilities$50,288
Total deposits$40,409
Interest-bearing deposits$50,288
Deposits held in domestic offices$98
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$4,500
Other borrowed funds $0
Subordinated debt $140
All other liabilities $2,878
Total equity capital$2,878
Total bank equity capital$2,878
Perpetual preferred stock$0
Common stock$10,770
Surplus$160
Undivided profits $-8,052
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $874
Earning assets $0
Long-term assets (5+ years) $124
Average Assets, year-to-date $50,859
Average Assets, quarterly $12,207
Volatile liabilities $61,287
Insider loans $59,362
FHLB advances $38,258
Loans and leases held for sale $58,551
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $2,878
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $2,492
Derivatives$2,926
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $2,775
Total interest expense $726
Net interest income $2,049
Provision for loan and lease losses $860
Total noninterest income -$398
Fiduciary activities $0
Service charges on deposit accounts $43
Trading account gains & fees $0
Additional noninterest income -$441
Total noninterest expense $3,007
Salaries and employee benefits $1,362
Premises and equipment expense $328
Additional noninterest expense $1,317
Pre-tax net operating income -$2,216
Securities gains (losses) $0
Applicable income taxes $2
Income before extraordinary items -$2,218
Extraordinary gains - net $0
Net income attributable to bank -$2,218
Net charge-offs $0
Cash dividends -$2,218
Sale, conversion, retirement of capital stock, net $1,250
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.27%
Cost of funding earning assets 1.38%
Net interest margin 3.89%
Noninterest income to earning assets -0.76%
Noninterest expense to earning assets 5.71%
Net operating income to assets -3.62%
Return on assets (ROA) -3.62%
Pretax return on assets -3.62%
Return on equity (ROE) -70.15%
Retained earnings to average equity (YTD only) -70.15%
Net charge-offs to loans 3.03%
Credit loss provision to net charge-offs 68.80%
Efficiency ratio-1.08%
Assets per employee$182,132
Cash dividends to net income (YTD only)3.61%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 3.27%
Noncurrent assets plus other real estate owned to assets 139.02%
Noncurrent loans to loans 2.66%
Net loans and leases to deposits2.35%
Net loans and leases to core deposits 71.57%
Equity capital to assets 74.72%
Core capital (leverage) ratio 4.98%
Tier 1 risk-based capital ratio 4.92%
Total risk-based capital ratio 7.52%
Memoranda
Average assets$9
Average earning assets$61,287
Average equity $3,162
Average loans $52,686
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2 Oregon Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0428709Pacific West Bank2040 8th Avenue, West Linn, OR 97068November 05, 2004Full Service Brick and Mortar
1478836Kruse Way Branch5200 Sw Meadows Dr., Suite 100, Lake Oswego, OR 97035June 21, 2008Full Service Brick and Mortar
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