Pacific West Bank

Headquarters

2040 8th Avenue
West Linn, OR 97068
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Pacific West Bank is an FDIC insured institution located in West Linn, OR. It was founded in 2004 and has approximately $0.14 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 57872
Date Established 2004
Assets $ 145.00 million
Loans $ 89.25 million
Deposits $ 108.39 million
Capital $ 33.76 million
 

For a more detailed analysis of Pacific West Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 29, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 29, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Pacific West Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




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Featured - Virginia Home Equity Line Of Credit Rates 2020

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Note to Pacific West Bank
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Branches

Pacific West Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Pacific West Bank Locations


Financial Details

Pacific West Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Pacific West Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Pacific West Bank U.S. Bank Average
0.16% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Pacific West Bank had $57,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $33,757,000 in equity and $1,135,000 in loans loss reserves. That gives it a Texas Ratio of 0.16%.

Return on Equity
Pacific West Bank U.S. Bank Average
-5.17% 7.80%

Pacific West Bank has a Return on Equity of -5.17% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Pacific West Bank U.S. Bank Average
23.28% 12.68%

Pacific West Bank has a Capitalization of 23.28% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Pacific West Bank Balance Sheet Analysis

As of March 31, 2020, Pacific West Bank had assets of $144,995,000, loans of $89,252,000, and deposits of $108,389,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 38.20 million
Interest-bearing balances $ 36.59 million
Total securities $ 10.15 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 89.25 million
Loan loss allowance $ 1.14 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 2.22 million
     Total Assets $ 111.24 million
LIABILITIES
Total deposits $ 108.39 million
      Interest-bearing deposits $ 68.02 million
      Deposits held in domestic offices $ 108.39 million
      % insured (estimated) 64.09%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 0.09 million
Subordinated debt N.A.
All other liabilities $ 2.76 million
      Total Liabilities $ 111.24 million
      Shareholders’ Equity $ 33.76 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.30 million
Total Interest Expense $ 0.22 million
Net interest income $ 1.08 million
Provision for loan and lease losses $ 0.22 million
Total non interest income $ 0.03 million
Total non interest expense $ 1.49 million
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Pacific West Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Multifamily Mortgages.

Compared to other banks in Oregon, Pacific West Bank has a significantly higher percent of Multifamily Mortgages on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 18.73
Multifamily
Mortgages
12.34
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 1.42
Commercial Real Estate 53.18
Commercial and Industrial Loans 11.64
Farm Loans 0.88

Frequently Asked Questions About Pacific West Bank

Branches and Savings

Is Pacific West Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57872.

Why does Pacific West Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Pacific West Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Pacific West Bank a commercial bank?

Yes

Where are Pacific West Bank locations?

See branch locations nearby.

Is Pacific West Bank open on Saturdays?

Is Pacific West Bank open on Sundays?

What time does Pacific West Bank open?

What time does Pacific West Bank close?

Are Pacific West Bank ATMs Open 24/7?

Do Pacific West Bank ATMs accept cash deposits?

Can Pacific West Bank customers use other ATMs?

Do Pacific West Bank branches have notaries?

Will Pacific West Bank notarize my document?

What address for Pacific West Bank should I put for incoming ACH transfers?

Will the Pacific West Bank branch print checks?

Do Pacific West Bank checks expire?

Does Pacific West Bank require US citizenship to open account?

Can Pacific West Bank close my account?

Does Pacific West Bank Report to credit bureaus?

Does Pacific West Bank Use Equifax?

What is Pacific West Bank's ACH Routing Number?

What is Pacific West Bank's SWIFT code?

Products

Does Pacific West Bank offer mortgages?

Compare mortgage rates here.

Does Pacific West Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Pacific West Bank offer personal loans?

Compare personal loan rates here.

Does Pacific West Bank offer student loans?

Will Pacific West Bank cash a check?

Will Pacific West Bank redeem a savings bond?

Does Pacific West Bank cash savings bonds?

Will Pacific West Bank cash money orders?

Can Pacific West Bank issue a money order?

Does Pacific West Bank do currency exchange?

Background on The Bank

Who owns Pacific West Bank?

How long has Pacific West Bank been around?

Can Pacific West Bank transfer to other banks?

Does Pacific West Bank have quick pay?

Does Pacific West Bank accept rolled coins?

Will Pacific West Bank accept loose change?

Where is Pacific West Bank headquarters?

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