Washington Business Bank

Olympia, WA
IDRSSD: 3102893
Total Assets
$93.17M
Latest filing
Total Deposits
$67.72M
Latest filing
Net Interest Margin
4.78%
Profitability
0

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 ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date03/18/2002
Community BankYes
Ownership TypeNot Mutual
ZIP98501
State and County Number53067
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number12
Numeric code21
Insured by FDICInstitution closed or not insured by FDIC
Federal Reserve DistrictSan Francisco
Core Based Statistical Area NameOlympia-Lacey-Tumwater, WA

Operational Info

Number of Employees12
Domestic Offices2
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date03/31/2025
Date of Deposit Insurance03/18/2002
Primary Insurance AgencyDIF
WebsiteN/A
Data Updated11/28/2025
CERT57167
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$93.17M
Total Deposits$67.72M
Total Liabilities$76.04M
Total Equity Capital$17.13M
Net Income$485.00k
Net Loans and Leases$80.68M
Assets Per Employee ($Millions)$7.76M
Bank Premises and Fixed Assets$1.57M
Cash and Balances due from Depository Institutions$10.06M
Deposits Held in Domestic Offices$67.72M

Key Performance Ratios

Return on Assets (ROA)1.99%
Return on Equity (ROE)11.49%
Net Interest Margin4.78%
Efficiency Ratio58.04%
Tier 1 Risk-Based Capital Ratio22.893%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets-0.53%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets18.387%
Earning Assets to total Assets96.09%

Income and Expense

Total Interest Income$1.57M
Total Noninterest Income$28.00k
Total Interest Expense$450.00k
Total Noninterest Expense$668.00k
Net Interest Income$1.12M
Pre-tax Net Operating Income$613.00k
Provision for Credit Losses$-130,000
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$8.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$321.00k
Total Liabilities and Capital$93.17M

Securities

Securities$13.00k
Available-for-sale debt securities$13.00k
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Washington Business Bank?
$93.17M as of the latest filing.
How much are Washington Business Bank's total deposits?
$67.72M in total deposits.
Where is Washington Business Bank located?
Olympia, WA.
What is the Net Interest Margin?
4.78%.
How many domestic offices does it operate?
2.
When was it established?
03/18/2002.
What is the Return on Assets (ROA)?
1.99%.
How much are total loans and leases?
$80.68M (latest filing).
What is the total interest income (latest filing)?
$1.57M.