The Bank of the Pacific

300 East Market Street
Aberdeen, WA 98520
888.855.8267
www.bankofthepacific.com

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The Bank of the Pacific is headquartered in Aberdeen and is the 20^th largest bank in the state of Washington. It is also the 1,049^th largest bank in the nation. It was established in 1979 and as of December of 2012, it had grown to 237 employees at 17 locations. The Bank of the Pacific has a 4-star health rating.

1.7% APY 15-Month CD At Bank Of The Pacific - OR,WA (Forum) - 7/7/2010

Bank of the Pacific is offering 1.70% APY on a 15-month certificate with $100,000 minimum balance. It pays 1.60% APY with $500 minimum balance. Rate sheet: http://www.bankofthepacific.com/rates.php?rid=2&account_type=personal

2.74% 7-Month CD & 3.05% 15-Month CD at The Bank of the Pacific in WA & OR - 4/2/2009

Update 4/25/09: The rates of these CD specials have fallen. Please check the bank's website for the latest rates.The Bank of the Pacific has a CD special with two competitive rates: 2.74% APY for 7 months and 3.05% APY for 15 months. Minimum deposit is...

3.51% Reward Checking Account at The Bank of the Pacific in Washington State - 9/14/2008

Update 10/15/09: The top yield has fallen to 3.51% APY. Refer to the bottom of the post for the rate history.The Bank of the Pacific is offering a reward checking account that pays 3.51% APY on balances up to $25,000 (1.01% for above) and refunds all ATM...

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See Rates for: Checking | Savings | Money Market | CD | IRA

The Bank of the Pacific Checking Account Rates

Apy	Min	Max	Product
1.65%	-	$25k	Dream Checking
0.03%	$1k	-	Essential 50+
0.03%	$1k	-	NOW Individual
0.03%	$5k	-	Super Bonus
0.03%	$5k	-	Super Bonus 50+

The Bank of the Pacific Savings Account Rates

Apy	Min	Max	Product
0.10%	$250	-	Classic Savings
0.10%	-	-	Classic Junior
0.10%	-	-	Classic 50
0.10%	-	-	Christmas Club
0.10%	-	-	The Bear at the Bank
0.05%	-	-	Easy Saver

The Bank of the Pacific Money Market Rates

	Apy	Min	Max	Product
	0.25%	$1m	-	Money Market

The Bank of the Pacific CD Rates

Apy	Min	Max	Product
0.95%	$100k	-	60 Month CD
0.75%	$100k	-	48 Month CD
0.55%	$100k	-	36 Month CD
0.45%	$100k	-	36 Month BUMP CD
0.40%	$100k	-	30 Month CD
0.35%	$100k	-	24 Month CD
0.27%	$100k	-	18 Month CD
0.25%	$100k	-	12 Month CD
0.25%	$100k	-	15 Month CD
0.25%	$100k	-	12 Month Add-On CD
0.22%	$100k	-	9 Month CD
0.20%	$100k	-	6 Month CD
0.20%	$100	-	Bear at the Bank CD - Children's Ad-On
0.15%	$100k	-	3 Month CD
0.05%	$100k	-	1 Month CD

The Bank of the Pacific IRA Rates

Apy	Min	Max	Product
1.00%	$500	-	5-Year Fixed Rate IRA
0.85%	$500	-	4-Year Fixed Rate IRA
0.65%	$500	-	3-Year Fixed Rate IRA
0.40%	$500	-	2-Year Fixed Rate IRA
0.35%	$500	-	18-Month Fixed Rate IRA
0.30%	$100	-	18-Month Variable Rate IRA
0.20%	$100	-	1-Year Variable Rate IRA

Rates updated: 5/25/2013

Data for Q4 2012

Institution Statistics

Bank of the Pacific
FDIC Certificate #	23041
BankRate Report	View
Year Established	1979
Employees	237
Primary Regulator	FDIC
Assets and Liabilities
Assets	$643.42 million
Loans	$451.79 million
Deposits	$548.42 million
Equity Capital	$79.81 million
Loan Loss Allowance	$9.36 million
Unbacked Noncurrent Loans	$11.34 million
Real Estate Owned	$4.88 million
Historic Data - December 2011
Assets	$640.27 million
Equity Capital	$77.33 million
Loan Loss Allowance	$11.13 million
Unbacked Noncurrent Loans	$14.02 million
Real Estate Owned	$7.73 million
Profit Margin - Quarterly
Net Interest Margin	4.33%
Return on Assets	0.83%
Return on Equity	6.75%
Interest Income	$27.48 million

Institution Health

Overall Score:

4 out of 5

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, 2012 The Bank of the Pacific had $16.22 million in non-current loans and owned real-estate with $89.17 million in equity and loan loss allowances on hand to cover it. This gives The Bank of the Pacific a Texas Ratio of 18.19% 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 The Bank of the Pacific held steady from 19.94% as of December 31, 2011 to 18.19% as of December 31, 2012, resulting in a positive change of 8.78%.This indicates that the balance sheet and financial strength for The Bank of the Pacific has held steady in recent periods.
Deposit Growth
In the past year, The Bank of the Pacific has increased its total deposits by $10,000, resulting in 0% 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 The Bank of the Pacific has shown is average.
Capitalization
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. The Bank of the Pacific has $643.42 million in assets with $89.17 million in equity, resulting in a capitalization level of 13.86%, which is excellent.