Tacoma, WA · Cert 58446 · Commencement Bcorp Inc.
State charter, Fed member · FED · 6 branches
Q2 2026
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Banks under $1B in assets (n=581 to 629). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
38
Asset Quality
58
Profitability
56
Liquidity
84
Efficiency
48
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Tacoma, WA · Cert 58446 · Commencement Bcorp Inc.
State charter, Fed member · FED · 6 branches
Q2 2026
Market Position · Seattle-Tacoma-Bellevue, WA · 2026 SOD (annual) · 0.3% share · #23 of 43 inst. · $0.5B 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 | 0.55% | 0.49% | 0.82% | 0.85% | 0.94% | 1.01% | 0.96% | 0.99% | +14 bps | |
| Return on Equity | 6.64% | 5.96% | 10.17% | 10.63% | 11.55% | 12.17% | 10.96% | 11.14% | +51 bps | |
| Net Interest Margin | 2.97% | 3.00% | 3.56% | 3.54% | 3.53% | 3.57% | 3.80% | 3.83% | +28 bps | |
| Efficiency Ratio | 83.32% | 80.56% | 71.52% | 69.25% | 67.53% | 66.16% | 69.81% | 68.49% | -75 bps | |
| Non-Interest Burden | 2.43% | 2.37% | 2.48% | 2.36% | 2.30% | 2.26% | 2.58% | 2.54% | +18 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.36% | 10.86% | 9.07% | 14.20% | 7.84% | 5.15% | 8.30% | 8.53% | -567 bps | |
| Loan Growth (YoY) | 6.56% | 5.47% | 6.09% | 10.24% | 9.97% | 12.20% | 13.86% | 8.72% | -153 bps | |
| Deposit Growth (YoY) | 12.22% | 11.45% | 8.17% | 12.05% | 6.63% | 3.09% | 7.59% | 10.04% | -201 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.01% | 0.00% | 0.02% | 0.00% | 0.00% | 0.25% | 0.09% | 0.09% | +9 bps | |
| Net Charge-Offs / Loans | -0.10% | -0.09% | -0.03% | -0.05% | -0.03% | 0.02% | 0.09% | 0.05% | +9 bps | |
| Allowance / Loans | 1.19% | 1.20% | 1.21% | 1.20% | 1.23% | 1.20% | 1.18% | 1.18% | -2 bps | |
| Allowance Coverage of NPLs | 184.8x | n/a | 56.7x | n/a | n/a | 4.9x | 13.0x | 13.4x | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.79% | 9.49% | 9.69% | 9.56% | 9.30% | 9.45% | 9.69% | 10.30% | +75 bps | |
| Total Risk-Based Capital | 13.33% | 13.70% | 13.50% | 12.84% | 13.23% | 13.34% | 13.56% | 14.15% | +132 bps | |
| Equity / Assets | 8.32% | 7.87% | 8.27% | 7.96% | 8.50% | 8.78% | 8.79% | 9.08% | +112 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 81.96% | 78.93% | 81.79% | 85.33% | 84.53% | 85.91% | 86.56% | 84.31% | -102 bps | |
| Liquid Assets / Assets | 4.29% | 7.35% | 3.42% | 2.91% | 3.63% | 1.72% | 2.27% | 3.49% | +58 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 469% | 455% | 447% | n/a | n/a | |
Tacoma, WA · Cert 58446 · Peer group: banks under $1B in assets (n=581-629) · Commencement Bcorp Inc.
State charter, Fed member · FED · 6 branches
Q2 2026
Return on Assets
0.95%
Rank 347 of 629
Net Interest Margin
3.83%
Rank 215 of 629
Efficiency Ratio
68.49%
Rank 327 of 629
Equity / Assets
9.08%
Rank 474 of 629
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 0.95% | 0.60% | 1.01% | 1.45% | Beats 45% | 347 / 629 | ||
| Return on Equity | 10.42% | 5.38% | 9.30% | 13.28% | Beats 56% | 278 / 629 | ||
| Net Interest Margin | 3.83% | 3.03% | 3.54% | 4.05% | Beats 66% | 215 / 629 | ||
| Efficiency Ratio | 68.49% | 58.35% | 67.79% | 79.08% | Beats 48% | 327 / 629 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.09% | 0.09% | 0.46% | 1.20% | Beats 76% | 142 / 581 | ||
| Net Charge-Offs / Loans | 0.02% | n/a | 0.01% | 0.06% | Beats 39% | 354 / 581 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 12.95% | 11.24% | 13.84% | 18.77% | Beats 43% | 359 / 629 | ||
| Total Risk-Based Capital Ratio | 14.15% | 11.58% | 14.43% | 19.66% | Beats 47% | 332 / 629 | ||
| Equity / Assets | 9.08% | 9.09% | 10.65% | 13.80% | Beats 25% | 474 / 629 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 84.31% | 67.24% | 80.90% | 93.48% | 55th pctl | 267 / 594 | ||
| Loans / Assets | 75.25% | 53.31% | 67.71% | 78.15% | 67th pctl | 208 / 629 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||