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BankHealth

KITSAP BANK

PORT ORCHARD, WASHINGTON · FDIC Cert #6161

A
Health Score
95/100
$1.7B
Total Assets
$1.4B
Total Deposits
15.56%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, KITSAP BANK holds a Tier 1 capital ratio of 15.56%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning KITSAP BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.00%
Nonperforming Loans
Low — healthy loan portfolio
37.65%
Liquidity Ratio
Strong — can meet withdrawal demands
0.76%
Return on Assets
Low profitability
$1.4B
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

KITSAP BANK shows strong financial health indicators. With $1.7B in assets and a Health Score of 95/100, 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

KITSAP BANK has a Bank Health Score of A (95/100). It holds a Tier 1 capital ratio of 15.56%, 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.

KITSAP BANK holds $1.7B in total assets and $1.4B in total deposits. It is located in PORT ORCHARD, WASHINGTON (FDIC Certificate #6161).

KITSAP BANK has a Tier 1 capital ratio of 15.56%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.00%, and the return on assets is 0.76%.

Yes. KITSAP BANK is FDIC-insured (Certificate #6161). 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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