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Q2 2026 · read from the 30 June 2026 Call Report · United States · Pacific · Washington, the state note

Mountain Pacific Bank

Everett, Washington · $896M in assets · beside the 6 other Washington banks between $300M and $1B

The filing

104.9%
Loans / deposits
7th of 7
11.5%
Equity / assets
1st of 7
55.7%
Efficiency
1st of 7

Mountain Pacific Bank is the largest of the 7 Washington banks between $300M and $1B, with $896M in assets at 30 June 2026. Loans are 104.9% of deposits, the highest in the cohort against a median of 87.0%, and equity is 11.5% of assets, the highest in the cohort. Loans grew +5.7% in the year, 2nd of 7, and deposits grew 8.1%; the cohort's median loan growth is +1.3%.

Noncurrent loans are 0.67% of the book, 6th of 7 against a median of 0.47%; 1.87% is 30 to 89 days past due, and the allowance covers them 2.9 times. Commercial real estate is 45.1% of loans, 6th of 7 against a median of 41.5%, and 296% of capital, below the 300% screen, with construction at 79% against the 100% screen.

Return on assets is 1.44%, 2nd of 7 against a median of 0.96%, on an efficiency ratio of 55.7%, the lowest in the cohort. Five years ago it was 1.05%. The question is which of these lines moves first over the next four quarters, and against which peer.

Loans as a share of depositsWA banks $300M to $1B · 30 June 2026 · lower is stronger, listed first
median 87.0% BN Baker-boyer National Bank 61.1% U Unibank 83.9% CB Commencement Bank 84.3% R Riverbank 87.0% SB Seattle Bank 93.8% PC Pacific Crest Bank 101.2% MP Mountain Pacific Bank 104.9%
Loans, year over yearWA banks $300M to $1B · 30 June 2026 · no better direction, largest first
median +1.3% CB Commencement Bank +8.7% MP Mountain Pacific Bank +5.7% R Riverbank +2.0% PC Pacific Crest Bank +1.3% BN Baker-boyer National Bank -4.3% U Unibank -14.9% SB Seattle Bank -17.4%

SBA 7(a), FY2008 to FY2026

Mountain Pacific Bank is the 16th largest 7(a) lender into Washington of 281, with $235M across 152 loans, 1.8% of everything approved in the state (U.S. Bank, National Association leads with $933M). 13 of its 39 markets have had no approvals since before FY2023: an absence in the record, not a stated withdrawal.

Where it lends in Washington, and where it has gone quietshare movement, FY2023 to FY2025 against FY2020 to FY2022; outlined counties are on the book
Gaining shareLosing shareFlatGone quiet: nothing since FY2023Too thin to read a directionNo record
Every market on the book, largest firstrank and share among every lender in the county, FY2008 to FY2026
CountyApprovedRankShareTrend
King, WA$62M22nd of 1931.3%-0.5 pts
Snohomish, WA$54M9th of 1273.4%-1.1 pts
Pierce, WA$31M15th of 1371.9%-0.3 pts
Yakima, WA$23M2nd of 847.5%-8.4 pts
Spokane, WA$14M13th of 1051.7%thin
Umatilla, OR$10M2nd of 3311.5%thin
Thurston, WA$9M17th of 961.5%+0.3 pts
Grays Harbor, WA$8M6th of 504.3%thin
Multnomah, OR$7M35th of 1400.5%thin
Skagit, WA$7M9th of 672.7%+3.3 pts
Mason, WA$7M4th of 397.1%-11.1 pts
Clackamas, OR$6M26th of 1210.8%thin
Douglas, OR$6M7th of 365.1%+10.1 pts
26 smaller markets not shown.
What it lends to: the five largest industries on the bookshare of book is concentration; share of sector and rank are position, among every 7(a) lender nationally
IndustryLoansApprovedShare of bookShare of sectorRank
Retail trade63$126M41.6%0.21%90th of 2,589
Accommodation & food services69$125M41.3%0.16%120th of 2,596
Health care & social assistance17$15M5.1%0.03%300th of 2,172
Professional & technical services4$6M1.9%0.02%405th of 1,955
Arts, entertainment & recreation3$5M1.7%0.04%336th of 1,656
7(a) lenders into Washington, share of approvals since FY2008281 lenders on record; the ten largest and Mountain Pacific Bank
UB U.S. Bank, National Association 6.9% $933M · 3,630 loans CB Columbia Bank 6.7% $907M · 2,786 loans KN KeyBank National Association 5.5% $735M · 1,921 loans Bo Bank of Hope 4.9% $658M · 702 loans LO Live Oak Banking Company 4.4% $598M · 424 loans WF Wells Fargo Bank National Associa… 3.9% $518M · 1,645 loans BB Banner Bank 3.5% $467M · 2,139 loans RL Readycap Lending, LLC 3.3% $440M · 406 loans HB Heritage Bank 3.2% $437M · 947 loans U Unibank 2.8% $384M · 420 loans MP Mountain Pacific Bank 1.7% $235M · 152 loans

Commercial real estate against capital

Commercial real estate concentrationthe 2006 interagency screens against total risk-based capital; Tier 1 stands in for the 1 CBLR filer; owner-occupied excluded; bold marks a screen met
Mountain Pacific BankRankCohort median
Total CRE against capital, the 300% screen296%5th of 7296%
Construction against capital, the 100% screen79%6th of 759%
Construction and land development, share of loans11.9%6th of 78.3%
Non-owner-occupied nonfarm nonresidential, share of loans27.4%6th of 721.1%
Total CRE, the guidance definition, share of loans45.1%6th of 741.5%
CRE growth over 36 months, the third prong+35.1%7th of 7+9.4%

Among its peers

Where it sits among its peersnavy: the stronger half of each column; amber: the weaker; darker at the ends
InstitutionAssetsROAEfficiencyNPA / loansNet charge-offsAllowance / loansLoans / depositsEquity / assets
Mountain Pacific Bank$896M1.4%55.7%0.67%0.00%1.9%104.9%11.5%
Seattle Bank$891M1.1%60.0%2.81%0.76%2.0%93.8%10.5%
Commencement Bank$740M1.0%68.5%0.09%0.05%1.2%84.3%9.1%
Baker-boyer National Bank$693M0.6%86.9%0.42%0.00%1.1%61.1%8.5%
Unibank$393M-0.3%139.3%0.54%-1.40%1.1%83.9%7.2%
Pacific Crest Bank$318M0.6%74.1%0.47%0.00%1.6%101.2%10.6%
Riverbank$310M1.8%57.2%0.31%0.00%1.3%87.0%10.3%
Five years, 2021 to 2026same quarter, five years apart; dollars as growth, ratios in points
Mountain Pacific BankCohort median
20212026Change20212026Change
Loans$468M$743M+59%$368M$386M+5%
Deposits$500M$709M+42%$500M$632M+26%
NPA / loans2.76%0.67%-2.10 pts0.83%0.47%-0.36 pts
Efficiency54.1%55.7%+1.6 pts58.0%68.5%+10.5 pts
ROA1.05%1.44%+0.39 pts0.75%0.96%+0.20 pts

This read was prepared for Mountain Pacific Bank's board and management from the public record, and is one slice of what Lynx builds for any bank from its own filing: the peer cohort, the capital, liquidity and rate models with the assumptions the institution sets, and a summary report of twenty sections for the board.

The full pack on Mountain Pacific Bank is prepared on request, and thirty days on the institution's own numbers are open to anyone at the bank.

Ask for the pack

Prepared 7 September 2026
Filing 30 June 2026
Cohort WA banks $300M to $1B
Institution www.mp.bank

Public record only: FFIEC Call Report, 30 June 2026; FDIC data; cohort by state and asset band; SBA 7(a) FOIA release as of the 2026 file, loans credited to the institution holding them today. Computed from the institution's own Call Report and its peers' as published; no estimate, no adjustment; not a rating, not an audited statement and not a supervisory judgement.
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