Pacific West Bank in West Linn, Oregon (OR)
Overview, Financial Summary, Detailed Financial Reports, Branches


Pacific West Bank - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Corrections
  • Financial Summary
  • Total 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
  • 16Total employees (full-time equivalent)
  • $57,806Total assets
  • $17,567Cash and due from depository institutions
  • $14,867Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $35,992Net loans & leases
  • $1,215Loan loss allowance
  • $0Trading account assets
  • $2,873Bank premises and fixed assets
  • $663Other real estate owned
  • $0Goodwill and other intangibles
  • $57,806Life insurance assets
  • $711All other assets
  • $54,928Total liabilities and capital
  • $50,288Total liabilities
  • $40,409Total deposits
  • $50,288Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,500Trading liabilities
  • $0Other borrowed funds
  • $140Subordinated debt
  • $2,878All other liabilities
  • $2,878Total equity capital
  • $2,878Total bank equity capital
  • $0Perpetual preferred stock
  • $10,770Common stock
  • $160Surplus
  • $-8,052Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $874Income earned, not collected on loans
  • $0Earning assets
  • $124Long-term assets (5+ years)
  • $50,859Average Assets, year-to-date
  • $12,207Average Assets, quarterly
  • $61,287Volatile liabilities
  • $59,362Insider loans
  • $38,258FHLB advances
  • $58,551Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,878Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,492Restructured Loans and leases
  • $2,926Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,775Total interest income
  • $726Total interest expense
  • $2,049Net interest income
  • $860Provision for loan and lease losses
  • -$398Total noninterest income
  • $0Fiduciary activities
  • $43Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$441Additional noninterest income
  • $3,007Total noninterest expense
  • $1,362Salaries and employee benefits
  • $328Premises and equipment expense
  • $1,317Additional noninterest expense
  • -$2,216Pre-tax net operating income
  • $0Securities gains (losses)
  • $2Applicable income taxes
  • -$2,218Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,218Net income attributable to bank
  • $0Net charge-offs
  • -$2,218Cash dividends
  • $1,250Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.27%Yield on earning assets
  • 1.38%Cost of funding earning assets
  • 3.89%Net interest margin
  • -0.76%Noninterest income to earning assets
  • 5.71%Noninterest expense to earning assets
  • -3.62%Net operating income to assets
  • -3.62%Return on assets (ROA)
  • -3.62%Pretax return on assets
  • -70.15%Return on equity (ROE)
  • -70.15%Retained earnings to average equity (YTD only)
  • 3.03%Net charge-offs to loans
  • 68.80%Credit loss provision to net charge-offs
  • -1.08%Efficiency ratio
  • 182,132Assets per employee
  • 3.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.27%Loss allowance to noncurrent loans
  • 139.02%Noncurrent assets plus other real estate owned to assets
  • 2.66%Noncurrent loans to loans
  • 2.35%Net loans and leases to deposits
  • 71.57%Net loans and leases to core deposits
  • 74.72%Equity capital to assets
  • 4.98%Core capital (leverage) ratio
  • 4.92%Tier 1 risk-based capital ratio
  • 7.52%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $61,287Average earning assets
  • $3,162Average equity
  • $52,686Average loans

List of branches

  • 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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