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Is Kitsap Bank Safe?

Kitsap Bank has a Bank Health Score of 95/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while profitability is its weakest area (50/100).

Key Data

MetricValueScore
Tier 1 Capital Ratio15.56%100/100
Nonperforming Loan Ratio0.00%100/100
Liquidity Ratio37.65%100/100
Return on Assets0.76%50/100
Total Assets$1.7B

How does Kitsap Bank compare?

With a Bank Health Score of 95/100, Kitsap Bank sits 25.0 points above the national average of 70/100 for FDIC-insured banks. Within Washington, where 30 FDIC-insured banks are headquartered, Kitsap Bank ranks above the state average of 70/100 (Grade B).

The bank's Tier 1 capital ratio of 15.56% is the federal regulator's headline measure of bank capital strength — it sits comfortably above the 8% "well-capitalized" threshold.Its nonperforming loan ratio of 0.00% is healthy — most loans are current.

What changed in the last year?

Over the last four quarters, Kitsap Bank's Bank Health Score held roughly steady at 95/100. Tier 1 capital weakened by 0.54 percentage points to 15.56%.

Kitsap Bank has a Bank Health Score of 95/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while profitability is its weakest area (50/100).