Seattle Bank

Seattle, WA
IDRSSD: 2838207
Total Assets
$1.01B
Latest filing
Total Deposits
$903.67M
Latest filing
Net Interest Margin
4.26%
Profitability

Locations

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Main Office
Seattle Bank
401 Union Street
Seattle, WA 98101
Full Service - Brick and Mortar
Updated 11/14/2025Established 08/02/1999FDIC Certificate 75131

Branches (1)

Page 1 of 1
NameAddressCity / State
Seattle Bank (Main)401 Union StreetSeattle, WA
RAINIER SQUARE BRANCH401 Union St Fl 29Seattle, WA
Showing 1 of 1

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

Institution Profile

Institution ClassState chartered stock savings banks / S&L
Primary RegulatorFDIC
Established Date08/02/1999
Community BankYes
Ownership TypeNot Mutual
ZIP98101
State and County Number53033
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number12
Numeric code41
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictSan Francisco
Core Based Statistical Area NameSeattle-Tacoma-Bellevue, WA

Operational Info

Number of Employees95
Domestic Offices2
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date05/23/2022
Date of Deposit Insurance08/02/1999
Primary Insurance AgencyDIF
Websitewww.seattlebank.com
Data Updated11/14/2025
CERT35139
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.01B
Total Deposits$903.67M
Total Liabilities$916.59M
Total Equity Capital$92.19M
Net Income$1.10M
Net Loans and Leases$863.61M
Assets Per Employee ($Millions)$10.62M
Bank Premises and Fixed Assets$6.55M
Cash and Balances due from Depository Institutions$68.95M
Deposits Held in Domestic Offices$903.67M

Key Performance Ratios

Return on Assets (ROA)0.44%
Return on Equity (ROE)4.79%
Net Interest Margin4.26%
Efficiency Ratio71.49%
Tier 1 Risk-Based Capital Ratio12.03%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.54%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.139%
Earning Assets to total Assets95.81%

Income and Expense

Total Interest Income$19.00M
Total Noninterest Income$-460,000
Total Interest Expense$8.72M
Total Noninterest Expense$7.02M
Net Interest Income$10.28M
Pre-tax Net Operating Income$1.44M
Provision for Credit Losses$1.36M
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$19.22M
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$12.92M
Total Liabilities and Capital$1.01B

Securities

Securities$34.80M
Available-for-sale debt securities$33.71M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Seattle Bank?
$1.01B as of the latest filing.
How much are Seattle Bank's total deposits?
$903.67M in total deposits.
Where is Seattle Bank located?
Seattle, WA.
What is the Net Interest Margin?
4.26%.
How many domestic offices does it operate?
2.
When was it established?
08/02/1999.
What is the Return on Assets (ROA)?
0.44%.
How much are total loans and leases?
$863.61M (latest filing).
What is the total interest income (latest filing)?
$19.00M.