Puget Sound Bank

Puget Sound Bank is headquartered in Bellevue and is the 33^rd largest bank in the state of Washington. It is also the 2,717^st largest bank in the nation. It was established in 2005 and as of March of 2012, it had grown to 33 employees at 1 location. Puget Sound Bank has a 5-star health rating.

Puget Sound Bank Routing Number: 125108751

Data for Q1 2012

Institution Statistics Puget Sound Bank FDIC Certificate # 57955 BankRate Report View Year Established 2005 Employees 33 Primary Regulator FDIC Assets and Liabilities Assets $236.06 million Loans $184.20 million Deposits $200.85 million Equity Capital $34.24 million Loan Loss Allowance $3.29 million Unbacked Noncurrent Loans $2.35 million Historic Data - March 2011 Assets $227.02 million Equity Capital $27.50 million Loan Loss Allowance $3.17 million Unbacked Noncurrent Loans $2.48 million Profit Margin - Quarterly Net Interest Margin 4.49% Return on Assets 0.85% Return on Equity 6.1% Interest Income $2.78 million

Institution Health Overall Score: 5 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 March 31, 2012 Puget Sound Bank had $2.35 million in non-current loans and owned real-estate with $37.52 million in equity and loan loss allowances on hand to cover it. This gives Puget Sound Bank a Texas Ratio of 6.25% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Puget Sound Bank decreased slightly from 8.09% as of March 31, 2011 to 6.25% as of March 31, 2012, resulting in a positive change of 22.77%.This indicates that the balance sheet and financial strength for Puget Sound Bank has improved slightly in recent periods. Deposit Growth In the past year, Puget Sound Bank has increased its total deposits by $1.92 million, resulting in 0.97% 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 Puget Sound Bank has shown is average. 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. Puget Sound Bank has $236.06 million in assets with $37.52 million in equity, resulting in a capitalization level of 15.90%, which is excellent.

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