Headquartered in Seattle, Washington, Seattle Bank is a si with $891.4M in total assets and $785.2M in deposits as of Q2 2026. It operates 2 offices. Its charter dates back to 1999.
Seattle Bank has a TellerScore of 42 out of 100 (below average) based on Q2 2026 data — higher than only 3% of its 2,650 banks with $100 million – $1 billion. Among 29 banks headquartered in Washington, it ranks 27th. Earnings contributes the most (59/100, 0.98%); loan quality contributes the least (6/100, 2.81%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 12 points (30 → 42), mostly because the problem-loan coverage component improved by 46 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 38 |
| Q3 2024 | 34 |
| Q4 2024 | 33 |
| Q1 2025 | 30 |
| Q2 2025 | 30 |
| Q3 2025 | 28 |
| Q4 2025 | 29 |
| Q1 2026 | 44 |
| Q2 2026 | 42 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 11.26% |
| Q3 2024 | 10.69% |
| Q4 2024 | 10.54% |
| Q1 2025 | 10.37% |
| Q2 2025 | 10.10% |
| Q3 2025 | 9.27% |
| Q4 2025 | 9.30% |
| Q1 2026 | 9.15% |
| Q2 2026 | 10.29% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 4.16% |
| Q3 2024 | 4.92% |
| Q4 2024 | 4.05% |
| Q1 2025 | 3.64% |
| Q2 2025 | 3.60% |
| Q3 2025 | 3.91% |
| Q4 2025 | 4.70% |
| Q1 2026 | 2.99% |
| Q2 2026 | 2.81% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.35% |
| Q3 2024 | 0.35% |
| Q4 2024 | 0.36% |
| Q1 2025 | 0.01% |
| Q2 2025 | 0.15% |
| Q3 2025 | 0.25% |
| Q4 2025 | 0.26% |
| Q1 2026 | 1.37% |
| Q2 2026 | 0.98% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 42 | $891.4M | 10.29% | 2.81% | 0.98% | 91.9% |
| Q1 2026 | 44 | $1.1B | 9.15% | 2.99% | 1.37% | 71.9% |
| Q4 2025 | 29 | $1.0B | 9.30% | 4.70% | 0.26% | 88.1% |
| Q3 2025 | 28 | $1.0B | 9.27% | 3.91% | 0.25% | 95.6% |
| Q2 2025 | 30 | $1.0B | 10.10% | 3.60% | 0.15% | 97.1% |
| Q1 2025 | 30 | $961.1M | 10.37% | 3.64% | 0.01% | 90.5% |
| Q4 2024 | 33 | $961.2M | 10.54% | 4.05% | 0.36% | 89.6% |
| Q3 2024 | 34 | $953.8M | 10.69% | 4.92% | 0.35% | 86.2% |
| Q2 2024 | 38 | $921.7M | 11.26% | 4.16% | 0.35% | 89.6% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Washington
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Mountain Pacific BankBank Everett, WA | 70 out of 100, Strong | $896.4M | 11.5% | 0.67% | vs |
| Commencement BankBank Tacoma, WA | 69 out of 100, Moderate | $739.6M | 10.3% | 0.09% | vs |
| Baker-Boyer National BankBank Walla Walla, WA | 66 out of 100, Moderate | $692.9M | 9.3% | 0.42% | vs |
| UniBankBank Lynnwood, WA | 50 out of 100, Below average | $393.0M | 7.3% | 0.54% | vs |
| Pacific Crest BankBank Lynnwood, WA | 66 out of 100, Moderate | $318.5M | 11.1% | 0.47% | vs |
| RiverBankBank Spokane, WA | 77 out of 100, Strong | $310.2M | 11.3% | 0.31% | vs |
Deposit insurance
Is my money safe at Seattle Bank?
Yes. Seattle Bank is an FDIC-insured institution (FDIC certificate #35139). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 31.1% of deposits ($244.3M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 10.29%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 14.51% (benchmark: 10%).
2 locations
Branches
Seattle Bank lists 1 office in 1 city. Most locations:
- Seattle, WA (1)
Identity & history
Profile
- Legal name
- Seattle Bank
- Former names
- Seattle Savings Bank
- Type
- SI
- FDIC certificate #
- 35139
- RSSD ID
- 2838207
- Primary regulator
- FDIC
- Holding company
- Seattle Bancshares Inc
- Established
- August 2, 1999
- Headquarters
- 401 Union Street, Seattle, WA 98101
- Website
- www.seattlebank.com
- Employees
- 96
Quick answers
Seattle Bank: common questions
Is Seattle Bank FDIC insured?
Yes. Seattle Bank is an FDIC-insured institution (FDIC certificate #35139). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Seattle Bank's TellerScore?
42 out of 100 (Below average), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Seattle Bank ever failed?
There is no failure record for FDIC certificate #35139 in the FDIC failed bank list.
How many branches does Seattle Bank have?
2 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Seattle
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Topeka Firemen'S Credit UnionCredit union Topeka, KS | 92 out of 100, Very strong | $11.7M | 25.8% | 0.03% | vs |
| Operating Engineers Local Union #3 Federal Credit UnionCredit union Livermore, CA | 92 out of 100, Very strong | $1.7B | 15.5% | 0.60% | vs |
| Cascade Federal Credit UnionCredit union Kent, WA | 88 out of 100, Very strong | $392.6M | 13.3% | 0.79% | vs |
| American Continental BankBank City Of Industry, CA | 87 out of 100, Very strong | $385.3M | 16.2% | 0.37% | vs |
| GBC International BankBank Los Angeles, CA | 83 out of 100, Strong | $658.5M | 15.9% | 0.26% | vs |
| Our Community Credit UnionCredit union Shelton, WA | 82 out of 100, Strong | $638.3M | 12.7% | 0.48% | vs |