Timberland Bank

Hoquiam, WA
IDRSSD: 294779
Total Assets
$2.05B
Latest filing
Total Deposits
$1.74B
Latest filing
Net Interest Margin
3.80%
Profitability

Key People

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Locations

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Main Office
Timberland Bank
624 Simpson Ave
Hoquiam, WA 98550
Full Service - Brick and Mortar
Updated 05/01/2026Established 01/01/1915FDIC Certificate 41287

Branches (23)

Page 1 of 4
NameAddressCity / State
Timberland Bank (Main)624 Simpson AveHoquiam, WA
ELMA BRANCH313 Waldrip StreetElma, WA
TOLEDO BRANCH101 N 2nd StToledo, WA
WINLOCK BRANCH209 Ne 1st StWinlock, WA
ABERDEEN BRANCH117 N Broadway StAberdeen, WA
SOUTH ABERDEEN BRANCH300 N Boone StAberdeen, WA
MONTESANO BRANCH201 S Main StMontesano, WA
OCEAN SHORES BRANCH361 Damon RdOcean Shores, WA
Showing 7 of 23

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

Watch Panel

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Growth

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Allowance

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Nonperforming

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Charge-off

Net charge-off signals

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Institution Profile

Institution ClassState chartered stock savings banks / S&L
Primary RegulatorFDIC
Established Date01/01/1915
Community BankYes
Ownership TypeNot Mutual
ZIP98550
State and County Number53027
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 NameAberdeen, WA

Operational Info

Number of Employees262
Domestic Offices23
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance08/09/1989
Primary Insurance AgencyDIF
Websitehttp://www.timberlandbank.com
Data Updated05/01/2026
CERT28453
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$2.05B
Total Deposits$1.74B
Total Liabilities$1.78B
Total Equity Capital$270.71M
Net Income$7.21M
Net Loans and Leases$1.45B
Assets Per Employee ($Millions)$7.52M
Bank Premises and Fixed Assets$21.81M
Cash and Balances due from Depository Institutions$292.63M
Deposits Held in Domestic Offices$1.74B

Key Performance Ratios

Return on Assets (ROA)1.42%
Return on Equity (ROE)10.73%
Net Interest Margin3.8%
Efficiency Ratio54.74%
Tier 1 Risk-Based Capital Ratio20.265%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.1%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets13.229%
Earning Assets to total Assets94.76%

Income and Expense

Total Interest Income$25.95M
Total Noninterest Income$2.85M
Total Interest Expense$7.71M
Total Noninterest Expense$11.58M
Net Interest Income$18.24M
Pre-tax Net Operating Income$9.00M
Provision for Credit Losses$524.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$221.00k
Other borrowed funds$20.00M
Federal Funds Sold & Reverse Repurchase Agreement$8.01M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$11.95M
Total Liabilities and Capital$2.05B

Securities

Securities$210.06M
Available-for-sale debt securities$91.87M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$117.36M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Timberland Bank?
$2.05B as of the latest filing.
How much are Timberland Bank's total deposits?
$1.74B in total deposits.
Where is Timberland Bank located?
Hoquiam, WA.
What is the Net Interest Margin?
3.80%.
How many domestic offices does it operate?
23.
When was it established?
01/01/1915.
What is the Return on Assets (ROA)?
1.42%.
How much are total loans and leases?
$1.45B (latest filing).
What is the total interest income (latest filing)?
$25.95M.