1st Security Bank of Washington
Mountlake Terrace, WA
IDRSSD: 1018927
Total Assets
$3.20B
Latest filing
Total Deposits
$2.69B
Latest filing
Net Interest Margin
4.52%
Profitability
Key People
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Locations
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Main Office
1st Security Bank of Washington
6920 220th St Sw
Mountlake Terrace, WA 98043
Full Service - Brick and Mortar
Updated 01/30/2026Established 04/01/2004FDIC Certificate 418874
Branches (29)
Page 1 of 5| Name | Address | City / State |
|---|---|---|
| 1st Security Bank of Washington (Main) | 6920 220th St Sw | Mountlake Terrace, WA |
| GOLDENDALE BRANCH | 202 West Main Street | Goldendale, WA |
| PORT TOWNSEND BRANCH | 734 Water St | Port Townsend, WA |
| WALDPORT BRANCH | 425 Northwest Hemlock | Waldport, OR |
| NEWPORT BRANCH | 506 Southwest Coast Highway | Newport, OR |
| EIGHTH STREET BRANCH | 134 W 8th St | Port Angeles, WA |
| HADLOCK BRANCH | 10 Oak Bay Rd | Hadlock, WA |
| WHITE SALMON BRANCH | 390 Ne Tohomish St | White Salmon, WA |
Showing 7 of 29
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | State chartered stock savings banks / S&L |
| Primary Regulator | FDIC |
| Established Date | 04/01/2004 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 98043 |
| State and County Number | 53061 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 12 |
| Numeric code | 41 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | San Francisco |
| Core Based Statistical Area Name | Seattle-Tacoma-Bellevue, WA |
Operational Info
| Number of Employees | 575 |
| Domestic Offices | 22 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 02/27/2023 |
| Date of Deposit Insurance | 04/01/2004 |
| Primary Insurance Agency | DIF |
| Website | WWW.FSBWA.com |
| Data Updated | 01/30/2026 |
| CERT | 57633 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $3.20B |
| Total Deposits | $2.69B |
| Total Liabilities | $2.85B |
| Total Equity Capital | $349.51M |
| Net Income | $9.18M |
| Net Loans and Leases | $2.67B |
| Assets Per Employee ($Millions) | $5.51M |
| Bank Premises and Fixed Assets | $53.08M |
| Cash and Balances due from Depository Institutions | $28.10M |
| Deposits Held in Domestic Offices | $2.69B |
Key Performance Ratios
| Return on Assets (ROA) | 1.15% |
| Return on Equity (ROE) | 10.54% |
| Net Interest Margin | 4.52% |
| Efficiency Ratio | 60.98% |
| Tier 1 Risk-Based Capital Ratio | 12.725% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.45% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.935% |
| Earning Assets to total Assets | 93.97% |
Income and Expense
| Total Interest Income | $50.78M |
| Total Noninterest Income | $6.03M |
| Total Interest Expense | $16.67M |
| Total Noninterest Expense | $25.25M |
| Net Interest Income | $34.11M |
| Pre-tax Net Operating Income | $11.27M |
| Provision for Credit Losses | $3.62M |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $129.31M |
| Federal Funds Sold & Reverse Repurchase Agreement | $120.00k |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $25.98M |
| Total Liabilities and Capital | $3.20B |
Securities
| Securities | $321.89M |
| Available-for-sale debt securities | $288.67M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $33.50M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of 1st Security Bank of Washington?
$3.20B as of the latest filing.
How much are 1st Security Bank of Washington's total deposits?
$2.69B in total deposits.
Where is 1st Security Bank of Washington located?
Mountlake Terrace, WA.
What is the Net Interest Margin?
4.52%.
How many domestic offices does it operate?
22.
When was it established?
04/01/2004.
What is the Return on Assets (ROA)?
1.15%.
How much are total loans and leases?
$2.67B (latest filing).
What is the total interest income (latest filing)?
$50.78M.