Business Bank of Skagit County
Burlington, WA · Cert 57978 · Peer group: banks under $1B in assets (n=528-576)
FDIC · 10 branches
Q2 2025
$639.5MAssets
$527.3MLoans
$518.3MDeposits
$53.7MEquity
Executive Summary
- Strongest standing: net interest margin outperforms 54% of banks under $1B in assets (rank 266 of 575).
- Widest gap: tier 1 capital ratio trails 93% of banks under $1B in assets (rank 532 of 575).
- Overall: at or above the peer median on 1 of 9 directional measures.
Return on Assets
0.47%
Rank 439 of 576
Net Interest Margin
3.44%
Rank 266 of 575
Efficiency Ratio
78.62%
Rank 404 of 575
Equity / Assets
8.40%
Rank 446 of 575
Non-interest income vs. expense
Unfavorable gap of $15.5M · efficiency ratio beats 30% of banks under $1B in assets | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|
| Earnings |
| Return on Assets | 0.47% | 0.51% | 0.91% | 1.43% | Beats 24% | 439 / 576 | | |
| Return on Equity | 5.56% | 4.85% | 8.92% | 13.13% | Beats 29% | 410 / 575 | | |
| Net Interest Margin | 3.44% | 2.85% | 3.33% | 3.90% | Beats 54% | 266 / 575 | | |
| Efficiency Ratio | 78.62% | 58.61% | 70.08% | 82.08% | Beats 30% | 404 / 575 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.96% | 0.06% | 0.34% | 0.93% | Beats 25% | 398 / 528 | | |
| Net Charge-Offs / Loans | 0.08% | n/a | 0.01% | 0.06% | Beats 20% | 426 / 528 | | |
| Capital |
| Tier 1 Capital Ratio | 9.92% | 11.22% | 13.91% | 18.96% | Beats 7% | 532 / 575 | | |
| Total Risk-Based Capital Ratio | 11.06% | 11.76% | 14.45% | 19.92% | Beats 17% | 478 / 575 | | |
| Equity / Assets | 8.40% | 8.53% | 10.12% | 12.97% | Beats 22% | 446 / 575 | | |
| Liquidity & Funding |
| Loans / Deposits | 101.73% | 64.54% | 78.36% | 91.99% | 91st pctl | 48 / 538 | | |
| Loans / Assets | 82.45% | 55.85% | 68.40% | 77.98% | 88th pctl | 66 / 528 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |