Timberland Bank

Timberland Bank


Overview / Commentary
360-533-4747
624 Simpson Ave.
Hoquiam, WA 98550

Timberland Bank is headquartered in HOQUIAM and is the 12th largest bank in the state of Washington. It is also the 602nd largest bank in the nation. It was established in 1915 and as of June of 2024, it had grown to 272 employees at 23 locations. Timberland Bank has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #28453
Year Established1915
Employees272
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.24%
Return on Equity - YTD9.9%
Annual Interest Income$47.3MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$1.9B$1.81B
LoansQ2 2024vs Q2 2023$1.4B$1.26B
DepositsQ2 2024vs Q2 2023$1.63B$1.55B
Equity CapitalQ2 2024vs Q2 2023$240.6MM$228.2MM
Loan Loss AllowanceQ2 2024vs Q2 2023$17MM$15.3MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$4.1MM$1.6MM
Real Estate OwnedQ2 2024vs Q2 2023$0$0
Rates

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Locations

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