Seattle Bank
Overview / Commentary
Seattle Bank offers the service and flexibility of a small bank and product selection and convenience of a large nationwide lender. Specializing in tailored banking solutions, they can meet virtually all individual and business banking needs and, through affiliated companies, provide a broad range of financial services such as personal insurance and residential loans. They are a very active and experienced residential construction and commercial construction lender.
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Health
A
Data as of Q2 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 35139 |
| Year Established | 1999 |
| Employees | 40 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.27% |
| Return on Equity - YTD | 1.16% |
| Annual Interest Income | $4.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $305.5MM$224.2MM |
| Loans | Q2 2017vs Q2 2016 | $226.3MM$182.6MM |
| Deposits | Q2 2017vs Q2 2016 | $240.1MM$168.5MM |
| Equity Capital | Q2 2017vs Q2 2016 | $63.8MM$46.3MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $3.8MM$3.7MM |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $4.7MM$3.7MM |
| Real Estate Owned | Q2 2017vs Q2 2016 | $5.1MM$8.1MM |
Rates
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Locations
| Seattle Bank Locations | ||
|---|---|---|
| Seattle Bank | 600 University Street, Suite 1850 | Seattle, WA 98101 |