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300 East Market Street
Aberdeen, WA 98520

Bank of the Pacific is headquartered in Aberdeen and is the 20th largest bank in the state of Washington. It is also the 949th largest bank in the nation. It was established in 1979 and as of March of 2014, it had grown to 238 employees at 18 locations. Bank of the Pacific has a A+ health rating.

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Bank of the Pacific had $7.85 million in non-current loans and owned real-estate with $89.64 million in equity and loan loss allowances on hand to cover it. This gives Bank of the Pacific a Texas Ratio of 8.76% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Bank of the Pacific decreased dramatically from 17.25% as of March 31, 2013 to 8.76% as of March 31, 2014, resulting in a positive change of 49.24%.This indicates that the balance sheet and financial strength for Bank of the Pacific has improved dramatically in recent periods.

Deposit Growth


In the past year, Bank of the Pacific has increased its total deposits by $51.45 million, resulting in 9.04% 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 Bank of the Pacific 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. Bank of the Pacific has $717.01 million in assets with $89.64 million in equity, resulting in a capitalization level of 12.50%, which is excellent.

Institution Statistics

FDIC Certificate #23041
Year Established1979
Primary RegulatorFDIC
Assets and Liabilities
Assets$717.01 million
Loans$518.26 million
Deposits$620.71 million
Equity Capital$81.35 million
Loan Loss Allowance$8.29 million
Unbacked Noncurrent Loans$5.47 million
Real Estate Owned$2.39 million
Historic Data - March 2013
Assets$663.96 million
Equity Capital$80.41 million
Loan Loss Allowance$9.35 million
Unbacked Noncurrent Loans$5.47 million
Real Estate Owned$4.15 million
Profit Margin - Quarterly
Net Interest Margin4.18%
Return on Assets0.71%
Return on Equity6.22%
Interest Income$7.09 million

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Bank of the Pacific Savings Account Rates

0.05%$250-Classic Savings
0.05%--Classic Junior
0.05%--Classic 50
0.05%--Christmas Club
0.05%--The Bear at the Bank

Bank of the Pacific Money Market Rates

0.15%$250k-Money Market

Bank of the Pacific Checking Account Rates

1.26%-$25kDream Checking - Qualifying
0.03%$1k-Essential 50+
0.03%$1k-NOW Individual
0.03%--Dream Checking - Non Qualifying

Bank of the Pacific CD Rates

1.10%$100k-60 Month CD
0.85%$100k-48 Month CD
0.65%$100k-36 Month CD
0.55%$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
0.20%$100k-6 Month CD
0.20%$100k-9 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

Bank of the Pacific IRA Rates

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

Bank of the Pacific has 18 locations. Click to view all Bank of the Pacific locations.