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Washington Business Bank
Washington Business Bank
RSSD ID 3102893 | CERTIFICATE 57167 | ABA NUMBER 125108670 |
223 5th Ave Se |
Quarter Ended : |
2024-09-30 |
Olympia, Washington, 98501 |
Updated : |
2024-10-10 |
www.wabizbank.com |
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Institution Profile |
Year Opened : |
2002 |
Institution Type : |
Commercial 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 : |
Commercial Lending Specialization |
Statistical Area (MSA) : |
Olympia, WA |
Number of Offices : |
2 |
Number of Employees : |
12 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 93,171 |
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Total Interest Income | 4,908 |
Total Liabilities | 76,040 |
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Total NonInterest Income | 88 |
Total Bank Equity Capital | 17,131 |
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Total Interest Expense | 1,411 |
Total Deposits | 67,719 |
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Total NonInterest Expense | 2,206 |
Net Loans & Leases | 80,679 |
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Net Income | 1,145 |
Loan Loss Allowance | 582 |
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Net Charge Offs | (1) |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 17,777 |
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Total loans | 86,989 |
Total assets for the leverage ratio | 98,697 |
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Loans secured by real estate: | 59,807 |
Tier 1 Leverage Ratio | 17.36 |
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Commercial and industrial loans | 27,182 |
Tier 1 Capital Ratio | 22.89 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 23.76 |
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Loans to individuals - Other | 0 |
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