19917 Seventh Avenue Ne
Poulsbo, WA 98370
(360) 779-4567
www.libertybaybank.com



Liberty Bay Bank is headquartered in Poulsbo and is the 63rd largest bank in the state of Washington. It is also the 6,218st largest bank in the nation. It was established in 2009 and as of March of 2012, it had grown to 18 employees at 1 location. Liberty Bay Bank's savings rates are 15% higher than the national average, and it has a 4-star health rating.



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

Liberty Bay Bank Checking Account Rates

ApyMinMaxProduct
1.26%$25k-Community Checking Account
0.50%$25k-Liberty Bay Checking Account

Liberty Bay Bank Savings Account Rates

ApyMinMaxProduct
0.60%--Business Liberty Bay Savings Account
0.45%--Personal Liberty Bay Savings Account
0.10%--Interest on Lawyer Trust Account

Liberty Bay Bank Money Market Rates

ApyMinMaxProduct
1.31%$500k-Liberty Bay Money Market Account
1.31%$500k-Business Liberty Bay Money Market Account

Liberty Bay Bank CD Rates

ApyMinMaxProduct
1.06%$100k-24-35 Month Jumbo CD
1.06%$100k-36 Month Jumbo CD
1.01%$2,500$100k24-35 Month CD
1.01%$2,500$100k36 Month CD
0.60%$100k-18-23 Month Jumbo CD
0.55%$2,500$100k18-23 Month CD
0.55%$100k-12-17 Month Jumbo CD
0.50%$2,500$100k12-17 Month CD
0.35%$100k-180-364 Day Jumbo CD
0.30%$2,500$100k180-364 Day CD
0.25%$100k-90-179 Day Jumbo CD
0.20%$2,500$100k90-179 Day CD

Rates updated: 5/25/2012

Data for Q1 2012


Institution Statistics


Liberty Bay Bank
FDIC Certificate #58778
BankRate ReportView
Year Established2009
Employees18
Primary RegulatorFDIC

Assets and Liabilities

Assets$54.72 million
Loans$35.97 million
Deposits$47.92 million
Equity Capital$6.68 million
Loan Loss Allowance$641,000

Historic Data - March 2011

Assets$60.51 million
Equity Capital$6.93 million
Loan Loss Allowance$534,000

Profit Margin - Quarterly

Net Interest Margin3.95%
Return on Assets-0.34%
Return on Equity-2.68%
Interest Income$574,000

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio5
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 March 31, 2012 Liberty Bay Bank had $0 in non-current loans and owned real-estate with $7.32 million in equity and loan loss allowances on hand to cover it. This gives Liberty Bay Bank a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Deposit Growth1
In the past year, Liberty Bay Bank has decreased its total deposits by -$5.4 million, resulting in -10.13% 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 Liberty Bay Bank has shown is poor.
Capitalization5
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. Liberty Bay Bank has $54.72 million in assets with $7.32 million in equity, resulting in a capitalization level of 13.39%, which is excellent.
Write Review

No reviews have been left for this bank yet. Be the first to review.