Commencement Bank: how it compares with its peers
Against 8 WA banks with half to twice its assets, Commencement Bank's strongest measure in Q2 2026 is net interest margin (4.28% vs. a 3.62% peer median). Its weakest relative measure is return on assets (0.99% vs. 0.72%).
| Measure | Commencement Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.99% | 0.72% | Top third Ahead of 75% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.28% | 3.62% | Top third Ahead of 88% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 68.49% | 77.47% | Top third Ahead of 75% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.9M | $8.1M | Top third Ahead of 75% of peers |
| Loans to deposits Net loans and leases over total deposits. | 83.32% | 88.51% | Context |
What it means for lending operations
Its efficiency ratio of 68.49% is better than the 77.47% 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
- Baker-Boyer National Bank Walla Walla, WA · $693M
- Seattle Bank Seattle, WA · $891M
- Mountain Pacific Bank Everett, WA · $896M
- Olympia Federal Savings and Loan Association Olympia, WA · $1.02B
- Sound Community Bank Seattle, WA · $1.07B
- UniBank Lynnwood, WA · $393M
Questions about Commencement Bank
How big is Commencement Bank?
Commencement Bank, established in 2006, is headquartered in Tacoma, WA. It reported $740M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is Commencement Bank's return on assets?
0.99% annualized in Q2 2026, against a 0.72% median for 8 WA banks with half to twice its assets, ahead of 75% of them.
What is Commencement Bank's efficiency ratio?
68.49% in Q2 2026: it spent about 68 cents in noninterest expense for each dollar of revenue. The peer median is 77.47%, and lower is better.
Is Commencement Bank growing its loans?
Net loans grew 8.7% over the year to Q2 2026, while deposits grew 10.0%.
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.