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Overview / Commentary
624 Simpson Ave.
Hoquiam, WA 98550

Timberland Bank is headquartered in Hoquiam and is the 15th largest bank in the state of Washington. It is also the 798th largest bank in the nation. It was established in 1915 and as of September of 2017, it had grown to 264 employees at 22 locations. Timberland Bank has an A+ health rating.

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Reviews (2)

Five Star Guy Named Doug

Posted by: Hennige | Oct 28, 2011

We were renting a house out in Ocean Shores Washington and were looking to buy a house in the same town. The sign on Timberland Bank in town said the best place to get a loan. We went in and asked. Doug the branch manger and loan offcer was the best. Atthough the house was a HUD home and he hadn't done a lot of them, he was fantastic. This man walked us through it and helped us every step of the the way. He found us the best intrest rate he could and changed it before the deal was done. A very kind and profesional man, he took the time to explain the whole thing, Even when HUD threw us some curve balls that made no sense to any one in the real world, he powered through them and made us feel that we were working out it together. The guy was great!!  He went above and beyond the call of duty.   If you want to buy a house here I highly reccommend a man named Doug at Timberland Bank.

J Hennige

Wow! Real People Answer The Phone Here.

Posted by: heidi | Oct 27, 2011

Wow!  Real people answer the phone here.  No phone tree!  A warm, cheerful voice on the other end of the line!


Health Grade Components

FDIC Certificate #28453
Year Established1915
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.56%
Return on Equity - YTD14.28%
Annual Interest Income$29.2MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$950.2MM$890.3MM
LoansQ3 2017vs Q3 2016$694.0MM$666.8MM
DepositsQ3 2017vs Q3 2016$838.4MM$761.8MM
Equity CapitalQ3 2017vs Q3 2016$108.0MM$94.2MM
Loan Loss AllowanceQ3 2017vs Q3 2016$9.6MM$9.8MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$1.9MM$3.0MM
Real Estate OwnedQ3 2017vs Q3 2016$3.3MM$4.1MM

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