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Portage Bank
Portage Bank
RSSD ID 401951 | CERTIFICATE 8197 | ABA NUMBER 125109077 |
880 108th Avenue Ne |
Quarter Ended : |
2025-03-31 |
Bellevue, Washington, 98004 |
Updated : |
2025-05-13 |
https://www.portage.bank |
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Institution Profile |
Year Opened : |
1901 |
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 |
Number of Offices : |
3 |
Number of Employees : |
29 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 80,720 |
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Total Interest Income | 1,737 |
Total Liabilities | 72,967 |
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Total NonInterest Income | 289 |
Total Bank Equity Capital | 7,753 |
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Total Interest Expense | 486 |
Total Deposits | 63,799 |
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Total NonInterest Expense | 1,492 |
Net Loans & Leases | 54,806 |
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Net Income | 22 |
Loan Loss Allowance | 595 |
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Net Charge Offs | 15 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 8,673 |
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Total loans | 59,236 |
Total assets for the leverage ratio | 85,028 |
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Loans secured by real estate: | 54,525 |
Tier 1 Leverage Ratio | 9.47 |
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Commercial and industrial loans | 2,743 |
Tier 1 Capital Ratio | 15.5 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 16.7 |
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Loans to individuals - Other | 739 |
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