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3732 Broadway
Everett, WA 98201

Mountain Pacific Bank is headquartered in Everett and is the 39th largest bank in the state of Washington. It is also the 3,816st largest bank in the nation. It was established in 2006 and as of December of 2013, it had grown to 34 employees at 2 locations. Mountain Pacific Bank has a B+ health rating.

Reviews (1)

Mountain Pacific Bank

A terrific bank to do business with.


Data for Q4 2013

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Mountain Pacific Bank had $7.99 million in non-current loans and owned real-estate with $19.34 million in equity and loan loss allowances on hand to cover it. This gives Mountain Pacific Bank a Texas Ratio of 41.31% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Mountain Pacific Bank decreased slightly from 58.01% as of December 31, 2012 to 41.31% as of December 31, 2013, resulting in a positive change of 28.78%.This indicates that the balance sheet and financial strength for Mountain Pacific Bank has improved slightly in recent periods.

Deposit Growth


In the past year, Mountain Pacific Bank has increased its total deposits by $11.23 million, resulting in 10.33% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Mountain Pacific Bank has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Mountain Pacific Bank has $143.8 million in assets with $19.34 million in equity, resulting in a capitalization level of 13.45%, which is excellent.

Institution Statistics

FDIC Certificate #58341
Year Established2006
Primary RegulatorFDIC
Assets and Liabilities
Assets$143.80 million
Loans$110.13 million
Deposits$119.95 million
Equity Capital$17.05 million
Loan Loss Allowance$2.29 million
Unbacked Noncurrent Loans$162,000
Real Estate Owned$7.83 million
Historic Data - December 2012
Assets$133.57 million
Equity Capital$16.16 million
Loan Loss Allowance$2.09 million
Unbacked Noncurrent Loans$162,000
Real Estate Owned$6.99 million
Profit Margin - Quarterly
Net Interest Margin3.96%
Return on Assets0.28%
Return on Equity2.33%
Interest Income$5.70 million

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Mountain Pacific Bank Locations
Lynnwood Branch19705 Highway 99Lynnwood, WA 98036
Mountain Pacific Bank3732 BroadwayEverett, WA 98201