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Portage Bank

$100M-$1B Specialty: Commercial WA FDIC cert 8197

Bellevue, WA

3 branches across ID · MN · WA

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 2,643 banks in the $100M-$1B peer group nationwide — 1 of 10 in WA.
  • Deposits +43.6% year over year ($93.6M on the books).
  • Delinquency rate 1.14%.
  • Return on assets 0.69%.
  • Efficiency ratio 88.36% vs a 64.48% peer average.
  • Loan-to-deposit ratio 92.81% vs a 77.95% peer average.

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

2643 banks in the $100M-$1B peer group nationally 10 in WA
View $100M-$1B leaderboard (WA) →

Portage Bank has 2 strengths but faces 3 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

  • + Revenue Diversifier: Top 18.3% in tier
  • + Deposit Franchise: Top 32.4% in tier

Key Concerns

Areas that may need attention

  • - Efficiency Ratio 23.88% above tier average
  • - ROA 0.63% below tier average
  • - Delinquency Rate 0.23% above tier average
Get updates when Portage Bank releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (WA) National Avg Tier Percentile
Total Assets ? $116.2M
+36.6% YoY +2.1% QoQ
-$270.4M $386.6M
+1.2% YoY
$3.2B
+7.3% YoY
$6.3B
+7.7% YoY
Bottom 4.6% in tier
Total Loans ? $86.9M
+31.0% YoY +1.4% QoQ
-$171.5M $258.3M
+1.7% YoY
$2.3B
+6.2% YoY
$3.2B
+9.4% YoY
Bottom 13.3% in tier
Total Deposits ? $93.6M
+43.6% YoY +2.1% QoQ
-$233.2M $326.7M
+0.7% YoY
$2.6B
+6.6% YoY
$4.9B
+7.3% YoY
Bottom 3.7% in tier
Return on Assets ? 0.69%
+550.7% YoY
-0.63% 1.32%
+10.8% YoY
0.49%
-20.7% YoY
1.30%
+12.1% YoY
19%
Net Interest Margin ? 4.67%
-0.3% YoY +4.2% QoQ
+0.69% 3.99%
+5.0% YoY
3.77%
+1.0% YoY
3.95%
+4.9% YoY
85%
Efficiency Ratio ? 88.36%
-7.9% YoY -10.6% QoQ
+23.88% 64.48%
-3.2% YoY
77.86%
+4.3% YoY
70.05%
+2.5% YoY
Bottom 7.0% in tier
Delinquency Rate ? 1.14%
+70.2% YoY -32.1% QoQ
+0.23% 0.92%
+15.7% YoY
2.42%
+282.9% YoY
0.98%
+16.3% YoY
25%
Loan-to-Deposit Ratio ? 92.81%
-8.8% YoY -0.7% QoQ
+14.86% 77.95%
+1.0% YoY
82.67%
-3.3% YoY
79.03%
+2.3% YoY
21%
Non-Interest-Bearing Deposit Share ? 59.98%
+181.4% YoY +22.6% QoQ
+37.95% 22.03%
-0.6% YoY
25.26%
+1.1% YoY
21.98%
-0.6% YoY
Top 0.6% in tier
Nonperforming Asset Ratio ? 0.86%
+63.2% YoY -32.6% QoQ
+0.19% 0.67%
+16.4% YoY
1.67%
+187.6% YoY
0.69%
+15.8% YoY
24%
Tier 1 Capital Ratio ? 10.96%
-18.4% YoY -0.0% QoQ
-4.95% 15.91%
+1.4% YoY
12.96%
-1.6% YoY
17.09%
+0.8% YoY
23%
Non-Interest Income / Assets ? 2.02%
+24.5% YoY +171.4% QoQ
+1.45% 0.57%
+7.6% YoY
0.42%
+15.9% YoY
0.66%
+5.2% YoY
Top 1.6% in tier

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 60.0%
+38.7pp YoY
+11.1pp QoQ
 +37.8pp 22.1% 25.3% 22.2% 99%
Brokered Deposits 3.7%
-13.8pp YoY
-1.1pp QoQ
 -4.2pp 7.9% 8.9% 8.5% 43%

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (WA) National Avg Tier Percentile
C&I 3.7%
-1.3pp YoY
-0.7pp QoQ
 -7.8pp 11.6% 10.5% 12.5% 13%
CRE 45.2%
+3.5pp YoY
0.0pp QoQ
 +5.6pp 39.5% 50.6% 41.4% 62%
1-4 Family 51.1%
-1.2pp YoY
+0.7pp QoQ
 +18.5pp 32.6% 30.1% 31.3% 83%
Consumer 0.9%
-0.7pp YoY
0.0pp QoQ
 -3.2pp 4.1% 7.9% 5.0% 27%

Capital

Metric Current vs Tier Tier Avg State Avg (WA) National Avg Tier Percentile
CET1 Ratio 11.0%
-2.5pp YoY
0.0pp QoQ
 -7.9pp 18.8% 12.7% 19.7% 8%
Leverage Ratio 7.5%
-1.5pp YoY
-0.5pp QoQ
 -4.7pp 12.2% 10.7% 12.6% 1%
Total Capital Ratio 12.2%
-2.3pp YoY
0.0pp QoQ
 -7.7pp 19.9% 13.8% 20.8% 9%

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (WA) National Avg Tier Percentile
Full-Time Employees 41
+8 (+24.2%) YoY
+5 (+13.9%) QoQ
 -18 58 343 482 42%
Assets per Employee ($) $2.8M
+9.9% YoY
-10.3% QoQ
 -$4.7M $7.5M $8.5M $8.8M 1%
Branch Count 3
0 YoY
0 QoQ
 -2 4 24 18 26%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (WA) National Avg Tier Percentile
Past Due 90+ Days n/a n/a 0.3% 0.4% 0.4% n/a
Nonaccrual 1.1%
+0.5pp YoY
-0.5pp QoQ
 +0.2pp 0.9% 2.6% 1.0% 74%
Allowance Coverage 0.99x
-29.0% YoY
+51.1% QoQ
 -23.16x 24.15x 4.50x 20.23x 26%
Net Charge-off Rate (YTD) -0.0%
-0.1pp YoY
0.0pp QoQ
 -0.1pp 0.1% 0.4% 0.2% 23%

Profitability

Metric Current vs Tier Tier Avg State Avg (WA) National Avg Tier Percentile
ROE 9.4%
+8.3pp YoY
+9.9pp QoQ
 -2.8pp 12.2% -2.7% 11.6% 33%
Cost of Funds (YTD) 2.1%
-0.5pp YoY
-0.2pp QoQ
 +0.4pp 1.7% 1.8% 1.7% 77%
Net Income ($, YTD) $377,000
+737.8% YoY
— QoQ
 -$2.2M $2.6M $14.3M $40.4M 8%

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 (2)

Revenue Diversifier

growth
#122 of 661 • Top 18.3% in tier

Top-quartile non-interest income relative to assets. Revenue less dependent on spread - more resilient to rate cycles.

Why this signature
Noninterest Income / Assets: 2.02%
(Tier: 0.57%, National: 0.66%)
better than tier avg
Return on Assets: 0.69%
(Tier: 1.32%, National: 1.30%)
but worse than tier avg
661 of 661 Community banks match · 923 nationally
→ Stable | QoQ rank improving

Deposit Franchise

growth
#91 of 278 • Top 32.4% in tier

Top-quartile non-interest-bearing deposits AND top-quartile NIM. A premium deposit franchise translating into above-peer spread.

Why this signature
Noninterest-Bearing Deposit Share: 59.98%
(Tier: 22.03%, National: 21.98%)
better than tier avg
Net Interest Margin: 4.67%
(Tier: 3.99%, National: 3.95%)
better than tier avg
278 of 278 Community banks match · 368 nationally
→ Stable -1 banks QoQ | QoQ rank improving

Concerns (0)

No matched concern signatures this quarter

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 2643 peers in $100M-$1B

Top Strengths (3 metrics)

17
Non-Interest-Bearing Deposit Share
funding
Value: 59.98%
Peer Median: 22.03%
#17 of 2643 Top 0.6% in $100M-$1B
43
Non-Interest Income / Assets
revenue_mix
Value: 2.02%
Peer Median: 0.57%
#43 of 2643 Top 1.6% in $100M-$1B
399
Net Interest Margin
profitability
Value: 4.67%
Peer Median: 3.99%
#399 of 2643 Top 15.1% in $100M-$1B

Top Weaknesses (8 metrics)

2546
Total Deposits
size
Value: $93.58M
Peer Median: $326.73M
#2546 of 2643 Bottom 3.7% in $100M-$1B
2523
Total Assets
size
Value: $116.19M
Peer Median: $386.57M
#2523 of 2643 Bottom 4.6% in $100M-$1B
2459
Efficiency Ratio
profitability
Value: 88.36%
Peer Median: 64.48%
#2459 of 2643 Bottom 7.0% in $100M-$1B
2292
Total Loans
size
Value: $86.85M
Peer Median: $258.35M
#2292 of 2643 Bottom 13.3% in $100M-$1B
2148
Return on Assets
profitability
Value: 0.69%
Peer Median: 1.32%
#2148 of 2643 Bottom 18.8% in $100M-$1B
2096
Loan-to-Deposit Ratio
liquidity
Value: 92.81%
Peer Median: 77.95%
#2096 of 2643 Bottom 20.7% in $100M-$1B
2044
Tier 1 Capital Ratio
capital
Value: 10.96%
Peer Median: 15.91%
#2044 of 2643 Bottom 22.7% in $100M-$1B
1997
Nonperforming Asset Ratio
credit_quality
Value: 0.86%
Peer Median: 0.67%
#1997 of 2643 Bottom 24.5% in $100M-$1B
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