Mountlake Terrace, WA · Cert 57633 · FS Bcorp Inc.
SI · FDIC · 30 branches
Q2 2026
Market Position · Seattle-Tacoma-Bellevue, WA · 2026 SOD (annual) · 0.8% share · #14 of 43 inst. · $1.1B of $143.1B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.46% | 1.05% | 1.11% | 1.06% | 1.22% | 1.15% | 1.08% | 1.11% | +5 bps | |
| Return on Equity | 13.07% | 9.42% | 10.00% | 9.59% | 11.25% | 10.54% | 9.77% | 9.86% | +27 bps | |
| Net Interest Margin | 4.28% | 4.22% | 4.14% | 4.18% | 4.28% | 4.26% | 4.15% | 4.22% | +4 bps | |
| Efficiency Ratio | 65.40% | 65.07% | 65.92% | 64.94% | 61.37% | 60.98% | 63.16% | 62.96% | -198 bps | |
| Non-Interest Burden | 2.65% | 2.61% | 2.60% | 2.57% | 2.44% | 2.39% | 2.47% | 2.47% | -10 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.71% | 1.90% | 3.24% | 7.98% | 8.03% | 5.53% | 4.48% | 0.09% | -789 bps | |
| Loan Growth (YoY) | 4.93% | 4.19% | 2.68% | 4.95% | 4.87% | 5.35% | 5.81% | 0.85% | -411 bps | |
| Deposit Growth (YoY) | -1.20% | -7.19% | 5.83% | 6.85% | 10.45% | 14.06% | 0.97% | -3.96% | -1,082 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.42% | 0.53% | 0.56% | 0.71% | 0.69% | 0.69% | 0.67% | 0.58% | -13 bps | |
| Net Charge-Offs / Loans | 0.25% | 0.15% | 0.27% | 0.18% | 0.60% | 0.30% | 0.32% | 0.57% | +39 bps | |
| Allowance / Loans | 1.23% | 1.24% | 1.23% | 1.21% | 1.13% | 1.18% | 1.20% | 1.16% | -5 bps | |
| Allowance Coverage of NPLs | 2.9x | 2.3x | 2.2x | 1.7x | 1.6x | 1.7x | 1.8x | 2.0x | +0.3x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.18% | 11.24% | 11.29% | 11.18% | 10.96% | 10.96% | 11.16% | 11.44% | +26 bps | |
| Total Risk-Based Capital | 14.17% | 14.18% | 14.44% | 14.06% | 13.81% | 13.96% | 13.81% | 14.01% | -5 bps | |
| Equity / Assets | 11.16% | 11.11% | 11.17% | 10.86% | 10.82% | 10.94% | 11.08% | 11.42% | +56 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 104.02% | 108.56% | 97.39% | 103.94% | 98.77% | 100.28% | 102.06% | 109.14% | +520 bps | |
| Liquid Assets / Assets | 1.44% | 0.74% | 1.82% | 1.57% | 2.50% | 1.50% | 1.86% | 1.63% | +6 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 290% | 293% | 297% | n/a | n/a | |