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BankHealth

1ST SECURITY BANK OF WA

MOUNTLAKE TERRAC, WASHINGTON · FDIC Cert #57633

B
Health Score
68/100
$2.9B
Total Assets
$2.4B
Total Deposits
12.60%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, 1ST SECURITY BANK OF WA holds a Tier 1 capital ratio of 12.60%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning 1ST SECURITY BANK OF WA has a strong buffer to absorb potential losses.

Key Financial Metrics

0.45%
Nonperforming Loans
Low — healthy loan portfolio
9.36%
Liquidity Ratio
Low — potential liquidity stress
1.56%
Return on Assets
Profitable — earning well on assets
$2.4B
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

1ST SECURITY BANK OF WA shows strong financial health indicators. With $2.9B in assets and a Health Score of 68/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

1ST SECURITY BANK OF WA has a Bank Health Score of B (68/100). It holds a Tier 1 capital ratio of 12.60%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

1ST SECURITY BANK OF WA holds $2.9B in total assets and $2.4B in total deposits. It is located in MOUNTLAKE TERRAC, WASHINGTON (FDIC Certificate #57633).

1ST SECURITY BANK OF WA has a Tier 1 capital ratio of 12.60%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.45%, and the return on assets is 1.56%.

Yes. 1ST SECURITY BANK OF WA is FDIC-insured (Certificate #57633). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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