Kitsap Bank is headquartered in Port Orchard and is the 14th largest bank in the state of Washington. It is also the 640th largest bank in the nation. It was established in 1908 and as of December of 2021, it had grown to 259 employees at 20 locations. Kitsap Bank has an A+ health rating.
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.
Wants to charge a research fee to see my statements even though I have my account number.
Overall | |
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FDIC Certificate # | 6161 |
Year Established | 1908 |
Employees | 259 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.3% |
Return on Equity - YTD | 12.12% |
Annual Interest Income | $50.5MM |
Assets and Liabilities | ||
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Assets | Q4 2021vs Q4 2020 | $1.70B$1.50B |
Loans | Q4 2021vs Q4 2020 | $670.4MM$774.8MM |
Deposits | Q4 2021vs Q4 2020 | $1.48B$1.30B |
Equity Capital | Q4 2021vs Q4 2020 | $178.5MM$173.2MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $10.2MM$10.0MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $86.00K$248.00K |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.03% | - | - | Statement Savings | |
0.03% | - | - | Business Statement Savings |