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BankHealth

PORTAGE BANK

BELLEVUE, WASHINGTON · FDIC Cert #8197

B
Health Score
67/100
$68M
Total Assets
$54M
Total Deposits
15.82%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, PORTAGE BANK holds a Tier 1 capital ratio of 15.82%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning PORTAGE BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

1.64%
Nonperforming Loans
Moderate — some loan stress
8.52%
Liquidity Ratio
Low — potential liquidity stress
1.58%
Return on Assets
Profitable — earning well on assets
$54M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

PORTAGE BANK shows strong financial health indicators. With $68M in assets and a Health Score of 67/100, 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

PORTAGE BANK has a Bank Health Score of B (67/100). It holds a Tier 1 capital ratio of 15.82%, 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.

PORTAGE BANK holds $68M in total assets and $54M in total deposits. It is located in BELLEVUE, WASHINGTON (FDIC Certificate #8197).

PORTAGE BANK has a Tier 1 capital ratio of 15.82%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.64%, and the return on assets is 1.58%.

Yes. PORTAGE BANK is FDIC-insured (Certificate #8197). 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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