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Seattle Bank
Seattle Bank
RSSD ID 2838207 | CERTIFICATE 35139 | ABA NUMBER 125084697 |
401 Union Street |
Quarter Ended : |
2025-03-31 |
Seattle, Washington, 98101 |
Updated : |
2025-04-30 |
www.seattlebank.com |
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Institution Profile |
Year Opened : |
1999 |
Institution Type : |
Stock and Mutual Savings bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Consumer Lending Specialization |
Number of Offices : |
2 |
Number of Employees : |
94 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 961,053 |
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Total Interest Income | 16,914 |
Total Liabilities | 867,549 |
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Total NonInterest Income | (617) |
Total Bank Equity Capital | 93,504 |
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Total Interest Expense | 8,425 |
Total Deposits | 856,166 |
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Total NonInterest Expense | 6,970 |
Net Loans & Leases | 709,686 |
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Net Income | 27 |
Loan Loss Allowance | 22,833 |
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Net Charge Offs | 2,317 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 105,289 |
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Total loans | 765,915 |
Total assets for the leverage ratio | 934,089 |
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Loans secured by real estate: | 509,104 |
Tier 1 Leverage Ratio | 10.37 |
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Commercial and industrial loans | 53,701 |
Tier 1 Capital Ratio | 14.67 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 15.94 |
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Loans to individuals - Other | 176,760 |
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