Overview / Commentary
360-705-4200
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 3,081st largest bank in the nation. It was established in 2000 and as of June of 2018, it had grown to 34 employees at 2 locations. South Sound Bank has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #35355
Year Established2000
Employees34
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.13%
Return on Equity - YTD8.38%
Annual Interest Income$3.7MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$181.9MM$178.8MM
LoansQ2 2018vs Q2 2017$122.6MM$117.2MM
DepositsQ2 2018vs Q2 2017$155.2MM$153.4MM
Equity CapitalQ2 2018vs Q2 2017$24.7MM$23.6MM
Loan Loss AllowanceQ2 2018vs Q2 2017$2.0MM$1.8MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$132.00K$836.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$1.2MM
Rates

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Locations


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

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