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Overview / Commentary
800-305-1905
1301 A Street
Tacoma, WA 98402

Columbia State Bank is headquartered in Tacoma and is the 3rd largest bank in the state of Washington. It is also the 136th largest bank in the nation. It was established in 1993 and as of March of 2014, it had grown to 1,627 employees at 157 locations. Columbia State Bank has a A+ health rating.

Reviews (1)

On Line Bill Pay

I had set up an Online payment on Dec. 30th, 2010 to come out of my checking account on Jan. 4th, 2011. Some unexpected expenses caused me to xchange the pay date to Jan. 10th. The change was made on the 2nd. The money came out anyway on the 4th. I called the bank and they said they had no record of a payment for the 10th. My account was overdrawn, but they did reverse the overdraft payments. On the 10th the payment was taken out again. When I called the bank I was told that the problem was all my fault did not reverse the overdraft charges. I thought that since the bank had no record of a payment to come out on the 10th I did not need to do anything. I am very disappointed with the online service.



Health

Data for Q1 2014

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Columbia State Bank had $86.23 million in non-current loans and owned real-estate with $1.09 billion in equity and loan loss allowances on hand to cover it. This gives Columbia State Bank a Texas Ratio of 7.91% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Columbia State Bank decreased dramatically from 14.29% as of March 31, 2013 to 7.91% as of March 31, 2014, resulting in a positive change of 44.69%.This indicates that the balance sheet and financial strength for Columbia State Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Columbia State Bank has increased its total deposits by $1.96 billion, resulting in 47.42% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Columbia State Bank has shown is excellent.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Columbia State Bank has $7.23 billion in assets with $1.09 billion in equity, resulting in a capitalization level of 15.08%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #33826
Year Established1993
Employees1627
Primary RegulatorFDIC
Assets and Liabilities
Assets$7.23 billion
Loans$4.51 billion
Deposits$6.10 billion
Equity Capital$1.02 billion
Loan Loss Allowance$70.57 million
Unbacked Noncurrent Loans$70.39 million
Real Estate Owned$15.84 million
Historic Data - March 2013
Assets$4.91 billion
Equity Capital$683.11 million
Loan Loss Allowance$80.61 million
Unbacked Noncurrent Loans$70.39 million
Real Estate Owned$11.92 million
Profit Margin - Quarterly
Net Interest Margin4.86%
Return on Assets1.12%
Return on Equity7.99%
Interest Income$75.72 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Columbia State Bank, we are a rate comparison website and can not provide official rates or promotions.

Columbia State Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.04%$50k$100kHealth Savings Account
0.03%--Grow Green Savings
0.01%--Personal Customary Savings
0.01%--Holiday Savings Club
0.01%--Business Customary Savings

Columbia State Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.08%$1m-Premium Money Market
0.08%$1m-Premium Business Money Market Account
0.05%$100k-Money Trend
0.05%$100k-Business Market Trend

Columbia State Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.06%--IOLTA
0.06%--IBRETA
0.01%--60+ Checking
0.01%$1k-Interest Checking
0.01%$1k-Business Interest Checking
0.01%$1k-Premium Interest Checking

Columbia State Bank CD Rates

DetailsAPYMINMAXPRODUCT
0.16%$500-48-59 Month CD
0.16%$500-60 Month CD
0.16%$100k-365 Day Jumbo CD
0.12%$500-24-35 Month CD
0.12%$500-36-47 Month CD
0.11%$100k-180 Day Jumbo CD
0.10%$500-24 Month Jump & Bump CD
0.09%$100k-90 Day Jumbo CD
0.08%$100k-60 Day Jumbo CD
0.07%$500-12-23 Month CD
0.07%$100k-30 Day Jumbo CD
0.06%$500-12 Month Jump & Bump CD
0.05%$500-6 Month CD
0.05%$500-7-11 Month CD
0.03%$500-1-5 Month CD

Columbia State Bank IRA Rates

DetailsAPYMINMAXPRODUCT
0.16%$100k-365 Day Jumbo IRA
0.16%$500-48-59 Month IRA
0.16%$500-60 Month IRA
0.12%$500-24-35 Month IRA
0.12%$500-36-47 Month IRA
0.11%$100k-180 Day Jumbo IRA
0.10%$500-24 Month Jump & Bump IRA
0.09%$100k-90 Day Jumbo IRA
0.08%$100k-60 Day Jumbo IRA
0.07%$100k-30 Day Jumbo IRA
0.07%$500-12-23 Month IRA
0.06%$500-12 Month Jump & Bump IRA
0.05%$500-6 Month IRA
0.05%$500-7-11 Month IRA
0.03%$500-1-5 Month IRA
Locations

Columbia State Bank has 159 locations. Click to view all Columbia State Bank locations.