Olympia Federal Savings and Loan Association: how it compares with its peers
Against 8 WA banks with half to twice its assets, Olympia Federal Savings and Loan Association's strongest measure in Q2 2026 is assets per employee ($8.4M vs. a $8.6M peer median). Its weakest relative measure is return on assets (0.36% vs. 0.96%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.36% | 0.96% | Bottom third Ahead of 13% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.78% | 3.70% | Bottom third Ahead of 13% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 84.04% | 69.27% | Bottom third Ahead of 13% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.4M | $8.6M | Middle third Ahead of 38% of peers |
| Loans to deposits Net loans and leases over total deposits. | 120.90% | 84.23% | Context |
What it means for lending operations
Its efficiency ratio of 84.04% is above the 69.27% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Sound Community Bank Seattle, WA · $1.07B
- Mountain Pacific Bank Everett, WA · $896M
- Seattle Bank Seattle, WA · $891M
- Commencement Bank Tacoma, WA · $740M
- Baker-Boyer National Bank Walla Walla, WA · $693M
Questions about Olympia Federal Savings and Loan Association
How big is Olympia Federal Savings and Loan Association?
Olympia Federal Savings and Loan Association, established in 1906, is headquartered in Olympia, WA. It reported $1.02B in total assets in its Q2 2026 FDIC call report and operates 9 offices.
What is Olympia Federal Savings and Loan Association's return on assets?
0.36% annualized in Q2 2026, against a 0.96% median for 8 WA banks with half to twice its assets, ahead of 13% of them.
What is Olympia Federal Savings and Loan Association's efficiency ratio?
84.04% in Q2 2026: it spent about 84 cents in noninterest expense for each dollar of revenue. The peer median is 69.27%, and lower is better.
Is Olympia Federal Savings and Loan Association growing its loans?
Net loans grew 1.1% over the year to Q2 2026, while deposits shrank 1.2%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are WA banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Washington bank ranked.