BlastPoint

BlastPoint's Banking Scorecard

1st Security Bank of Washington

$1B-$10B Specialty: Commercial WA FDIC cert 57633

Designations: ✓ Community bank

Mountlake Terrace, WA

34 branches across WA · OR

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

  • 1 of 885 banks in the $1B-$10B peer group nationwide — 1 of 12 in WA.
  • Deposits -4.0% year over year ($2.5B on the books).
  • Delinquency rate 0.59%.
  • Return on assets 1.09%.
  • Efficiency ratio 63.06% vs a 59.73% peer average.
  • Loan-to-deposit ratio 107.88% vs a 85.04% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

885 banks in the $1B-$10B peer group nationally 12 in WA
View $1B-$10B leaderboard (WA) →

1st Security Bank of Washington has 2 strengths but faces 5 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + Net Interest Margin 0.58% above tier average
  • + Delinquency Rate 0.28% below tier average

Key Concerns

Areas that may need attention

  • - Flatlined Growth: Bottom 36.4% in tier
  • - Deposit Outflow: Bottom 36.6% in tier
  • - Capital Constraint: Bottom 84.4% in tier
  • - ROA 0.30% below tier average
  • - Efficiency Ratio 3.33% above tier average
Get updates when 1st Security Bank of Washington releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (WA) National Avg Tier Percentile
Total Assets ? $3.2B
+0.1% YoY -0.8% QoQ
+$385.4M $2.8B
-0.6% YoY
$3.2B
+7.3% YoY
$6.3B
+7.7% YoY
72%
Total Loans ? $2.7B
+0.9% YoY -0.8% QoQ
+$696.4M $2.0B
-0.3% YoY
$2.3B
+6.2% YoY
$3.2B
+9.4% YoY
78%
Total Deposits ? $2.5B
-4.0% YoY -7.2% QoQ
+$146.5M $2.3B
-0.5% YoY
$2.6B
+6.6% YoY
$4.9B
+7.3% YoY
70%
Return on Assets ? 1.09%
+1.0% YoY +1.7% QoQ
-0.30% 1.39%
+17.0% YoY
0.49%
-20.7% YoY
1.30%
+12.1% YoY
36%
Net Interest Margin ? 4.46%
+0.9% YoY +0.8% QoQ
+0.58% 3.87%
+6.2% YoY
3.77%
+1.0% YoY
3.95%
+4.9% YoY
Top 13.8% in tier
Efficiency Ratio ? 63.06%
-3.6% YoY -0.2% QoQ
+3.33% 59.73%
-12.6% YoY
77.86%
+4.3% YoY
70.05%
+2.5% YoY
37%
Delinquency Rate ? 0.59%
-18.4% YoY -13.7% QoQ
-0.28% 0.87%
+11.7% YoY
2.42%
+282.9% YoY
0.98%
+16.3% YoY
45%
Loan-to-Deposit Ratio ? 107.88%
+5.1% YoY +7.0% QoQ
+22.84% 85.04%
-0.1% YoY
82.67%
-3.3% YoY
79.03%
+2.3% YoY
Bottom 4.9% in tier
Non-Interest-Bearing Deposit Share ? 26.70%
+2.7% YoY +5.3% QoQ
+5.43% 21.27%
-1.5% YoY
25.26%
+1.1% YoY
21.98%
-0.6% YoY
76%
Nonperforming Asset Ratio ? 0.49%
-17.7% YoY -13.7% QoQ
-0.18% 0.67%
+11.7% YoY
1.67%
+187.6% YoY
0.69%
+15.8% YoY
45%
Tier 1 Capital Ratio ? 12.84%
+0.3% YoY +2.0% QoQ
-2.00% 14.84%
-0.4% YoY
12.96%
-1.6% YoY
17.09%
+0.8% YoY
46%
Non-Interest Income / Assets ? 0.34%
+6.4% YoY +113.5% QoQ
-0.18% 0.53%
+2.5% YoY
0.42%
+15.9% YoY
0.66%
+5.2% YoY
60%

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric Current vs Tier Tier Avg State Avg (WA) National Avg Tier Percentile
Noninterest-Bearing 26.7%
+0.7pp YoY
+1.3pp QoQ
 +5.3pp 21.4% 25.3% 22.2% 76%
Brokered Deposits 5.1%
-7.0pp YoY
-7.2pp QoQ
 -4.3pp 9.5% 8.9% 8.5% 50%

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (WA) National Avg Tier Percentile
C&I 7.9%
-0.1pp YoY
-0.1pp QoQ
 -6.1pp 14.0% 10.5% 12.5% 33%
CRE 40.0%
+2.5pp YoY
+0.3pp QoQ
 -10.0pp 50.0% 50.6% 41.4% 25%
1-4 Family 30.7%
-0.2pp YoY
+0.3pp QoQ
 +4.3pp 26.4% 30.1% 31.3% 68%
Consumer 21.5%
-1.4pp YoY
-0.2pp QoQ
 +16.8pp 4.7% 7.9% 5.0% 96%

Capital

Metric Current vs Tier Tier Avg State Avg (WA) National Avg Tier Percentile
CET1 Ratio 12.8%
0.0pp YoY
+0.2pp QoQ
 -2.8pp 15.6% 12.7% 19.7% 39%
Leverage Ratio 11.4%
+0.3pp YoY
+0.3pp QoQ
 +0.1pp 11.3% 10.7% 12.6% 68%
Total Capital Ratio 14.0%
0.0pp YoY
+0.2pp QoQ
 -2.7pp 16.7% 13.8% 20.8% 40%

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (WA) National Avg Tier Percentile
Full-Time Employees 592
+25 (+4.4%) YoY
+7 (+1.2%) QoQ
 +278 313 343 482 88%
Assets per Employee ($) $5.4M
-4.1% YoY
-1.9% QoQ
 -$5.1M $10.5M $8.5M $8.8M 6%
Branch Count 31
+2 (+6.9%) YoY
+1 (+3.3%) QoQ
 +11 20 24 18 83%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (WA) National Avg Tier Percentile
Past Due 90+ Days n/a n/a 0.2% 0.4% 0.4% n/a
Nonaccrual 0.6%
-0.1pp YoY
-0.1pp QoQ
 -0.2pp 0.8% 2.6% 1.0% 56%
Allowance Coverage 1.99x
+17.5% YoY
+12.2% QoQ
 -16.72x 18.71x 4.50x 20.23x 49%
Net Charge-off Rate (YTD) 0.4%
+0.2pp YoY
+0.1pp QoQ
 +0.2pp 0.3% 0.4% 0.2% 90%

Profitability

Metric Current vs Tier Tier Avg State Avg (WA) National Avg Tier Percentile
ROE 9.8%
0.0pp YoY
0.0pp QoQ
 -2.8pp 12.6% -2.7% 11.6% 32%
Cost of Funds (YTD) 2.1%
0.0pp YoY
0.0pp QoQ
 +0.2pp 1.9% 1.8% 1.7% 69%
Net Income ($, YTD) $17.4M
+4.4% YoY
— QoQ
 -$1.8M $19.2M $14.3M $40.4M 65%

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (0)

No matched strength signatures this quarter

Concerns (3)

Flatlined Growth

risk
#60 of 162 • Bottom 36.4% in tier

Asset growth stalled (-2% to +2% YoY) despite healthy profitability (>0.25% ROA). Suggests untapped opportunity or strategic drift worth investigating.

Why this signature
Return on Assets: 1.09%
(Tier: 1.39%, National: 1.30%)
worse than tier avg
162 of 162 Mid-Market banks match · 719 nationally
→ Stable +34 banks QoQ

Deposit Outflow

decline
#49 of 131 • Bottom 36.6% in tier

Deposits down 0.5%+ YoY. Funding base eroding - rate competition or franchise weakness.

131 of 131 Mid-Market banks match · 686 nationally
→ Stable +31 banks QoQ

Capital Constraint

risk
#28 of 32 • Bottom 84.4% in tier

Strong balance sheet under pressure - deposits leaving while lending capacity maxed. Need funding solutions before hitting regulatory limits.

Why this signature
Loan-to-Deposit Ratio: 107.88%
(Tier: 85.04%, National: 79.03%)
worse than tier avg
Tier 1 Capital Ratio: 12.84%
(Tier: 14.84%, National: 17.09%)
worse than tier avg
32 of 32 Mid-Market banks match · 143 nationally
→ Stable -5 banks QoQ

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 885 peers in $1B-$10B

Top Strengths (3 metrics)

123
Net Interest Margin
profitability
Value: 4.46%
Peer Median: 3.87%
#123 of 885 Top 13.8% in $1B-$10B
193
Total Loans
size
Value: $2.66B
Peer Median: $1.96B
#193 of 885 Top 21.7% in $1B-$10B
213
Non-Interest-Bearing Deposit Share
funding
Value: 26.70%
Peer Median: 21.27%
#213 of 885 Top 24.0% in $1B-$10B

Top Weaknesses (1 metrics)

843
Loan-to-Deposit Ratio
liquidity
Value: 107.88%
Peer Median: 85.04%
#843 of 885 Bottom 4.9% in $1B-$10B
Powered by BlastPoint © 2026