Hoquiam, WA · Cert 28453 · Timberland Bcorp Inc.
SI · FDIC · 24 branches
Q2 2026
Market Position · Olympia-Lacey-Tumwater, WA · 2026 SOD (annual) · 10.7% share · #4 of 15 inst. · $0.6B of $5.3B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.27% | 1.31% | 1.42% | 1.45% | 1.54% | 1.57% | 1.42% | 1.47% | +3 bps | |
| Return on Equity | 10.09% | 10.39% | 10.92% | 11.13% | 11.82% | 12.01% | 10.73% | 11.13% | 0 bps | |
| Net Interest Margin | 3.36% | 3.41% | 3.61% | 3.62% | 3.58% | 3.62% | 3.65% | 3.67% | +5 bps | |
| Efficiency Ratio | 58.02% | 57.39% | 55.64% | 54.75% | 53.99% | 53.50% | 54.74% | 53.75% | -100 bps | |
| Non-Interest Burden | 1.70% | 1.70% | 1.75% | 1.72% | 1.63% | 1.64% | 1.73% | 1.70% | -2 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.55% | 0.76% | 1.33% | 2.97% | 4.64% | 5.06% | 5.91% | 5.32% | +235 bps | |
| Loan Growth (YoY) | 9.14% | 5.55% | 4.47% | 3.20% | 3.04% | 3.58% | 2.25% | 3.87% | +67 bps | |
| Deposit Growth (YoY) | 5.61% | 0.25% | 0.71% | 2.58% | 4.17% | 4.52% | 5.60% | 5.61% | +304 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.27% | 0.19% | 0.16% | 0.26% | 0.30% | 0.29% | 0.64% | 0.56% | +30 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.21% | 1.21% | 1.22% | 1.22% | 1.22% | 1.22% | 1.27% | 1.27% | +4 bps | |
| Allowance Coverage of NPLs | 4.5x | 6.3x | 7.5x | 4.7x | 4.1x | 4.2x | 2.0x | 2.2x | -2.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 12.01% | 12.23% | 12.49% | 12.56% | 12.46% | 12.67% | 12.85% | 12.85% | +29 bps | |
| Total Risk-Based Capital | 19.25% | 19.78% | 20.24% | 20.41% | 20.55% | 21.12% | 21.52% | 20.80% | +38 bps | |
| Equity / Assets | 12.66% | 12.94% | 13.03% | 13.03% | 12.97% | 13.29% | 13.23% | 13.22% | +19 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 87.26% | 87.59% | 87.14% | 87.46% | 86.32% | 86.80% | 84.37% | 86.01% | -144 bps | |
| Liquid Assets / Assets | 16.50% | 15.73% | 16.04% | 15.57% | 17.71% | 17.38% | 18.86% | 15.89% | +33 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 400% | 385% | 382% | n/a | n/a | |