Total Assets
$3.2B
Total balance-sheet footings
FDIC Cert #57633 · Mountlake Terrace, Washington · Est. 2004
1st Security Bank of Washington - FDIC Bank Health Profile
A community-scale look at 1st Security Bank of Washington's own numbers, pulled straight from its quarterly FDIC Call Report.
- $3.2B
- Total assets
- A
- Health grade · Excellent
- 1.14%
- Return on assets
- 12.7%
- Tier 1 capital
Data updated July 2026
The verdict
1st Security Bank of Washington earns a PlainBankData health grade of A (83/100), with well-capitalized at 12.73% Tier 1, profitable at 1.14% ROA, 63% efficiency ratio.
- #403
- largest of 4,313 FDIC banks by assets
- 91st
- percentile by asset size, nationally
- 12.73%
- Tier 1 ratio - above the 10% well-capitalized line
- 53rd
- percentile for profitability (ROA), nationally
This grade is PlainBankData's own interpretation of the bank's Call Report, not an FDIC rating, deposits here stay federally insured to $250,000 per depositor, per category, regardless of grade.
How 1st Security Bank of Washington's 83/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
1st Security Bank of Washington's composite health score
Tier 1 Capital Ratio (12.73%) 35/40
Return on Assets (ROA) (1.14%) 20/25
Texas Ratio (4.91%) 20/20
Efficiency Ratio (63.22%) 8/15
83 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$2.7B
Customer-funded liabilities
Net Loans
$2.7B
Outstanding loan book
Net Income
$36M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where 1st Security Bank of Washington ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. 1st Security Bank of Washington's score of 83/100 falls in the highlighted band.
1st Security Bank of Washington's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). 1st Security Bank of Washington's $3.2B falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
12.73% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
12.73%
Texas Ratio
4.91%
Equity Capital
$350M
Profitability metrics
Return on Assets (ROA)
53rd percentile nationally
1.14%
Return on Equity (ROE)
10.35%
Efficiency Ratio
63.22%
What the numbers say about 1st Security Bank of Washington
1st Security Bank of Washington is an FDIC-insured institution (Certificate #57633) headquartered in Mountlake Terrace, Washington, established in 2004. It holds $3.2B in total assets - 403rd of 4,313 FDIC-insured banks, $2.7B in customer deposits, and $2.7B in net loans. Its capital position: a Tier 1 ratio of 12.73%, meeting the 10% federal well-capitalized bar, alongside a Texas Ratio of 4.91% that is well inside the healthy sub-50% band. That combination rolls up into a PlainBankData health grade of A (83 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
Nationally, 1st Security Bank of Washington sits in the top decile of all FDIC-insured institutions by asset size (403rd of 4,313), and within Washington it ranks 6th of 30 state-chartered and national banks headquartered there. The next-largest bank in the state by assets is Peoples Bank, at $2.5B. A bank of this scale carries systemic weight in its market -- its lending and deposit decisions move local credit availability in a way a community-scale institution's simply cannot.
Income & expense breakdown
$197M
Interest Income
$22M
Non-Interest Income
$101M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. 1st Security Bank of Washington reports a Texas Ratio of 4.91% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
4.91% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Washington by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) 1st Security Bank of Washington (FDIC Cert #57633) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Washington
All Washington banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| WaFd BankSeattle | $27.3B | B | 0.91% |
| Banner BankWalla Walla | $16.3B | A | 1.24% |
| Washington Trust BankSpokane | $10.7B | B | 0.89% |
| Heritage BankOlympia | $7.0B | A | 1.07% |
| Coastal Community BankEverett | $4.7B | A | 1.11% |
| Peoples BankBellingham | $2.5B | B | 1.00% |
| Cashmere Valley BankCashmere | $2.3B | A | 1.33% |
| First Fed BankPort Angeles | $2.1B | C | -0.10% |
Frequently asked questions
What is 1st Security Bank of Washington's health grade?▼
1st Security Bank of Washington receives a health grade of A (83/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank demonstrates excellent financial health with strong capital ratios and profitability.
How large is 1st Security Bank of Washington?▼
1st Security Bank of Washington holds $3.2B in total assets and $2.7B in deposits, ranking 403rd of 4,313 FDIC-insured banks by asset size. It is headquartered in Mountlake Terrace, Washington.
Is my money safe at 1st Security Bank of Washington?▼
Yes, deposits at 1st Security Bank of Washington (Certificate #57633) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is 1st Security Bank of Washington's Tier 1 Capital Ratio?▼
1st Security Bank of Washington has a Tier 1 Capital Ratio of 12.73%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for 1st Security Bank of Washington?▼
1st Security Bank of Washington has a Texas Ratio of 4.91%. Staying under 50% is the level analysts treat as healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is 1st Security Bank of Washington?▼
1st Security Bank of Washington has an Efficiency Ratio of 63.22%. Past the 60% mark, a bigger slice of revenue is absorbed by operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read 1st Security Bank of Washington's profile as a depositor or analyst.
- 1st Security Bank of Washington's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare 1st Security Bank of Washington against other Washington banks before moving funds. Washington banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.