Seattle Bank: how it compares with its peers
Against 999 U.S. banks with half to twice its assets, Seattle Bank's strongest measure in Q2 2026 is assets per employee ($9.3M vs. a $7.3M peer median). Its weakest relative measure is return on assets (0.98% vs. 1.27%).
| Measure | Seattle Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.98% | 1.27% | Bottom third Ahead of 31% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.56% | 3.86% | Bottom third Ahead of 33% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 60.04% | 61.26% | Middle third Ahead of 54% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.3M | $7.3M | Top third Ahead of 78% of peers |
| Loans to deposits Net loans and leases over total deposits. | 91.88% | 83.35% | Context |
What it means for lending operations
Its efficiency ratio of 60.04% is better than the 61.26% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Southwest Heritage Bank Scottsdale, AZ · $893M
- United Bank & Trust Marysville, KS · $893M
- First Bank Ketchikan, AK · $890M
- First Southern State Bank Stevenson, AL · $893M
- Newfield National Bank Newfield, NJ · $889M
- The First State Bank Louise, TX · $895M
Questions about Seattle Bank
How big is Seattle Bank?
Seattle Bank, established in 1999, is headquartered in Seattle, WA. It reported $891M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Seattle Bank's return on assets?
0.98% annualized in Q2 2026, against a 1.27% median for 999 U.S. banks with half to twice its assets, ahead of 31% of them.
What is Seattle Bank's efficiency ratio?
60.04% in Q2 2026: it spent about 60 cents in noninterest expense for each dollar of revenue. The peer median is 61.26%, and lower is better.
Is Seattle Bank growing its loans?
Net loans shrank 17.0% over the year to Q2 2026, while deposits shrank 12.3%.
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 U.S. 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.