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Overview / Commentary
2850 Harrison Avenue NW
Olympia, WA 98502

South Sound Bank is headquartered in Olympia and is the 35th largest bank in the state of Washington. It is also the 3,059th largest bank in the nation. It was established in 2000 and as of March of 2018, it had grown to 34 employees at 2 locations. South Sound Bank has an A+ health rating.


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Health Grade Components

FDIC Certificate #35355
Year Established2000
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1%
Return on Equity - YTD7.4%
Annual Interest Income$1.8MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$186.9MM$165.2MM
LoansQ1 2018vs Q1 2017$118.7MM$121.2MM
DepositsQ1 2018vs Q1 2017$160.7MM$139.9MM
Equity CapitalQ1 2018vs Q1 2017$24.2MM$23.2MM
Loan Loss AllowanceQ1 2018vs Q1 2017$2.0MM$2.0MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$123.00K$295.00K
Real Estate OwnedQ1 2018vs Q1 2017$399.00K$1.2MM

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South Sound Bank Locations
South Sound Bank2850 Harrison Avenue NW 10Olympia, WA 98502
Lacey4530 Lacey Boulevard SeLacey, WA 98503

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