1st Security Bank is headquartered in Mountlake Terrac and is the 9th largest bank in the state of Washington. It is also the 461st largest bank in the nation. It was established in 2004 and as of June of 2022, it had grown to 537 employees at 23 locations. 1st Security Bank has an A+ health rating.
|FDIC Certificate #||57633|
|Return on Assets - YTD||1.25%|
|Return on Equity - YTD||10.72%|
|Annual Interest Income||$50.1MM|
|Assets and Liabilities|
|Assets||Q2 2022vs Q2 2021||$2.40B$2.22B|
|Loans||Q2 2022vs Q2 2021||$1.98B$1.77B|
|Deposits||Q2 2022vs Q2 2021||$2.03B$1.89B|
|Equity Capital||Q2 2022vs Q2 2021||$265.2MM$265.2MM|
|Loan Loss Allowance||Q2 2022vs Q2 2021||$25.0MM$27.2MM|
|Unbacked Noncurrent Loans||Q2 2022vs Q2 2021||$6.7MM$6.0MM|
|Real Estate Owned||Q2 2022vs Q2 2021||$145.00K$0|
Rates for 1st Security Bank are currently being reviewed.