Seattle, WA · Cert 35139 · Seattle Bancshares Inc.
SI · FDIC · 1 branch
Q2 2026
Market Position · Seattle-Tacoma-Bellevue, WA · 2026 SOD (annual) · 0.5% share · #18 of 43 inst. · $0.8B of $143.1B
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 | 0.35% | 0.36% | 0.01% | 0.15% | 0.25% | 0.26% | 1.37% | 0.98% | +83 bps | |
| Return on Equity | 3.38% | 3.53% | 0.11% | 1.57% | 2.63% | 2.80% | 15.37% | 10.46% | +889 bps | |
| Net Interest Margin | 4.49% | 4.32% | 3.64% | 3.87% | 3.71% | 3.75% | 3.11% | 3.80% | -7 bps | |
| Efficiency Ratio | 68.03% | 67.72% | 88.54% | 81.14% | 77.62% | 77.16% | 54.54% | 60.04% | -2,111 bps | |
| Non-Interest Burden | 3.06% | 2.93% | 3.26% | 3.19% | 2.93% | 2.95% | 0.64% | 1.67% | -152 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 19.58% | 12.29% | 7.13% | 9.60% | 5.76% | 7.71% | 9.70% | -11.76% | -2,136 bps | |
| Loan Growth (YoY) | 5.56% | 2.56% | 5.63% | 16.82% | 16.68% | 6.00% | -12.61% | -17.35% | -3,417 bps | |
| Deposit Growth (YoY) | 27.76% | 14.61% | 8.91% | 10.06% | 6.89% | 9.05% | 10.56% | -12.33% | -2,238 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 4.92% | 4.05% | 3.64% | 3.60% | 3.91% | 4.70% | 2.99% | 2.81% | -79 bps | |
| Net Charge-Offs / Loans | 1.42% | 1.36% | 1.16% | 0.93% | 0.81% | 0.85% | 0.56% | 0.76% | -17 bps | |
| Allowance / Loans | 3.79% | 3.46% | 2.86% | 2.41% | 2.30% | 2.34% | 2.35% | 2.04% | -38 bps | |
| Allowance Coverage of NPLs | 0.8x | 0.9x | 0.8x | 0.7x | 0.6x | 0.5x | 0.8x | 0.7x | +0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.69% | 10.54% | 10.37% | 10.10% | 9.27% | 9.30% | 9.15% | 10.29% | +18 bps | |
| Total Risk-Based Capital | 17.00% | 15.71% | 15.94% | 13.47% | 13.29% | 13.81% | 16.10% | 14.51% | +104 bps | |
| Equity / Assets | 10.04% | 9.89% | 9.73% | 9.14% | 9.14% | 8.87% | 8.94% | 10.54% | +140 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 89.61% | 92.77% | 93.14% | 99.49% | 97.82% | 90.17% | 73.62% | 93.79% | -570 bps | |
| Liquid Assets / Assets | 14.91% | 11.23% | 9.80% | 5.70% | 6.75% | 13.84% | 29.62% | 12.46% | +676 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 225% | 209% | 215% | n/a | n/a | |