Kitsap Bank


Overview / Commentary
360-876-7800
619 Bay Street
Port Orchard, WA 98366

Kitsap Bank is headquartered in Port Orchard and is the 15th largest bank in the state of Washington. It is also the 680th largest bank in the nation. It was established in 1908 and as of June of 2020, it had grown to 273 employees at 22 locations. Kitsap Bank has an A+ health rating.

Reviews (2)

Best Banking Experience Ever

I've gone through my fair share of banks, as many people have. Never have I had an account make so much sense as the one opened at Kitsap Bank. There aren't many branches, so convenience may be a little less than desired, but you definitely pay for convenience when you do get it. Kitsap's numbers and mine match up every time, and when I have a fee, I actually understand it. I'm very happy with my account, which is a Free Checking account. While there is a fee for receiving a paper statement, it's very simple to opt in to e-statements for a truly free experience.

Complete Garbage.

Posted by: |

Wants to charge a research fee to see my statements even though I have my account number.



Health
A+

Health Grade Components

Overall
FDIC Certificate #6161
Year Established1908
Employees273
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.91%
Return on Equity - YTD17.14%
Annual Interest Income$24.0MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$1.40B$1.17B
LoansQ2 2020vs Q2 2019$825.1MM$753.5MM
DepositsQ2 2020vs Q2 2019$1.21B$1.01B
Equity CapitalQ2 2020vs Q2 2019$153.4MM$134.2MM
Loan Loss AllowanceQ2 2020vs Q2 2019$9.7MM$8.2MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$263.00K$117.00K
Real Estate OwnedQ2 2020vs Q2 2019$0$0
Rates

Rates for Kitsap Bank are currently being reviewed.

Locations

Availability



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