Average User Rating:
1 star rating based on 1 review.

Columbia State Bank

1301 A Street
Tacoma, WA 98402
800-305-1905
www.columbiabank.com

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Columbia State Bank is headquartered in Tacoma and is the 3^rd largest bank in the state of Washington. It is also the 173^rd largest bank in the nation. It was established in 1993 and as of September of 2011, it had grown to 1,240 employees at 104 locations. Columbia State Bank has a 4-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

Columbia State Bank Checking Account Rates

Apy	Min	Max	Product
0.20%	-	-	IOLTA
0.20%	-	-	IBRETA
0.05%	$1k	-	Columbia Premium Interest Checking
0.03%	-	-	Columbia 60+ Checking
0.03%	$1k	-	Columbia Interest Checking
0.03%	$1k	-	Business Interest Checking

Columbia State Bank Savings Account Rates

Apy	Min	Max	Product
0.13%	$50k	$100k	Health Savings Account
0.05%	-	-	Grow Green Savings
0.03%	-	-	Columbia Personal Savings
0.03%	-	-	Columbia Holiday Club
0.03%	-	-	Business Customary Savings

Columbia State Bank Money Market Rates

Apy	Min	Max	Product
0.29%	$1m	-	Columbia Premium Money Market
0.29%	$1m	-	Columbia Bank Premium Business Money Market Account
0.13%	$50k	-	Columbia Money Trend
0.13%	$50k	-	Columbia Business Market Trend

Columbia State Bank CD Rates

Apy	Min	Max	Product
0.86%	$100k	-	48-59 Month CD
0.86%	$100k	-	60 Month CD
0.46%	$100k	-	36-47 Month CD
0.44%	$100k	-	24-35 Month CD
0.34%	$100k	-	365 Day Jumbo CD
0.27%	$100k	-	12-23 Month CD
0.22%	$100k	-	180 Day Jumbo CD
0.18%	$100k	-	6 Month CD
0.18%	$100k	-	7-11 Month CD
0.17%	$500	-	24 Month Jump & Bump CD
0.15%	$100k	-	90 Day Jumbo CD
0.14%	$100k	-	60 Day Jumbo CD
0.13%	$100k	-	30 Day Jumbo CD
0.11%	$100k	-	1-5 Month CD
0.11%	$500	-	12 Month Jump & Bump CD

Columbia State Bank IRA Rates

Apy	Min	Max	Product
0.86%	$100k	-	48-59 Month IRA
0.86%	$100k	-	60 Month IRA
0.86%	$100k	-	48-59 Month Roth IRA
0.86%	$100k	-	60 Month Roth IRA
0.86%	$100k	-	48-59 Month CESA
0.86%	$100k	-	60 Month CESA
0.46%	$100k	-	36-47 Month IRA
0.46%	$100k	-	36-47 Month Roth IRA
0.46%	$100k	-	36-47 Month CESA
0.44%	$100k	-	24-35 Month IRA
0.44%	$100k	-	24-35 Month Roth IRA
0.44%	$100k	-	24-35 Month CESA
0.34%	$100k	-	365 Day Jumbo IRA
0.34%	$100k	-	365 Day Jumbo Roth IRA
0.34%	$100k	-	365 Day Jumbo CESA
0.27%	$100k	-	12-23 Month IRA
0.27%	$100k	-	12-23 Month Roth IRA
0.27%	$100k	-	12-23 Month CESA
0.22%	$100k	-	180 Day Jumbo IRA
0.22%	$100k	-	180 Day Jumbo Roth IRA
0.22%	$100k	-	180 Day Jumbo CESA
0.18%	$100k	-	6 Month IRA
0.18%	$100k	-	7-11 Month IRA
0.18%	$100k	-	6 Month Roth IRA
0.18%	$100k	-	7-11 Month Roth IRA
0.18%	$100k	-	6 Month CESA
0.18%	$100k	-	7-11 Month CESA
0.17%	$500	-	24 Month Jump & Bump IRA
0.17%	$500	-	24 Month Jump & Bump Roth IRA
0.17%	$500	-	24 Month Jump & Bump CESA
0.15%	$100k	-	90 Day Jumbo IRA
0.15%	$100k	-	90 Day Jumbo Roth IRA
0.15%	$100k	-	90 Day Jumbo CESA
0.14%	$100k	-	60 Day Jumbo IRA
0.14%	$100k	-	60 Day Jumbo Roth IRA
0.14%	$100k	-	60 Day Jumbo CESA
0.13%	$100k	-	30 Day Jumbo IRA
0.13%	$100k	-	30 Day Jumbo Roth IRA
0.13%	$100k	-	30 Day Jumbo CESA
0.11%	$100k	-	1-5 Month IRA
0.11%	$500	-	12 Month Jump & Bump IRA
0.11%	$100k	-	1-5 Month Roth IRA
0.11%	$500	-	12 Month Jump & Bump Roth IRA
0.11%	$100k	-	1-5 Month CESA
0.11%	$500	-	12 Month Jump & Bump CESA

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

Columbia State Bank
FDIC Certificate #	33826
BankRate Report	View
Year Established	1993
Employees	1240
Primary Regulator	FDIC
Assets and Liabilities
Assets	$4.76 billion
Loans	$2.78 billion
Deposits	$3.88 billion
Equity Capital	$669.71 million
Loan Loss Allowance	$58.75 million
Unbacked Noncurrent Loans	$168.01 million
Real Estate Owned	$49.89 million
Historic Data - September 2010
Assets	$4.24 billion
Equity Capital	$569.80 million
Loan Loss Allowance	$62.79 million
Unbacked Noncurrent Loans	$86.18 million
Real Estate Owned	$40.28 million
Profit Margin - Quarterly
Net Interest Margin	5.94%
Return on Assets	1.04%
Return on Equity	7.43%
Interest Income	$177.86 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Columbia State Bank had $217.9 million in non-current loans and owned real-estate with $728.46 million in equity and loan loss allowances on hand to cover it. This gives Columbia State Bank a Texas Ratio of 29.91% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Columbia State Bank increased slightly from 19.70% as of September 30, 2010 to 29.91% as of September 30, 2011, resulting in a negative change of 51.86%. This indicates that the balance sheet and financial strength for Columbia State Bank has declined slightly in recent periods.
Deposit Growth
In the past year, Columbia State Bank has increased its total deposits by $409.16 million, resulting in 11.8% 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
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 $4.76 billion in assets with $728.46 million in equity, resulting in a capitalization level of 15.31%, which is excellent.

On Line Bill Pay
1 stars

- tstull01 - Wednesday, January 12, 2011 - 7:10 PM

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.