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 633rd largest bank in the nation. It was established in 1908 and as of March of 2022, it had grown to 259 employees at 19 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

Health Grade Components

Overall
FDIC Certificate #6161
Year Established1908
Employees259
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.6%
Return on Equity - YTD6.39%
Annual Interest Income$11.3MM
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$1.70B$1.59B
LoansQ1 2022vs Q1 2021$668.7MM$768.8MM
DepositsQ1 2022vs Q1 2021$1.52B$1.39B
Equity CapitalQ1 2022vs Q1 2021$141.1MM$164.3MM
Loan Loss AllowanceQ1 2022vs Q1 2021$10.2MM$10.2MM
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$0$238.00K
Real Estate OwnedQ1 2022vs Q1 2021$0$0
Rates

Rates for Kitsap Bank are currently being reviewed.

Locations

Availability



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