1st Security Bank Of Washington Mortgage Rates, Fees & Info

Mountlake Terrace, WA

LEI: 5493003T5D4N1CM46J77

Tax ID: 91-0459933

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Mortgage Data

Bank Data

Review & Overview

1st Security Bank Of Washington is a small bank specializing in Refi and Home Purchase loans. 1st Security Bank Of Washington has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Seattle, Kennewick, Bremerton, Olympia, and Oak Harbor among others. We have data for 57 markets. (Some data included below & more in-depth data is available with an active subscription.)

1st Security Bank Of Washington has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. 1st Security Bank Of Washington is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.55% 3/28/24
30 Year Conventional Refi 6.54% 3/28/24
30 Year Cash-out Refi 6.72% 3/28/24
30 Year FHA Purchase 7.48% 3/28/24
30 Year FHA Refi 6.76% 3/28/24
30 Year VA Purchase 6.29% 3/28/24
30 Year VA Refi 6.27% 3/28/24
15 Year Conventional Purchase 5.85% 3/28/24
15 Year Conventional Refi 6.15% 3/28/24
15 Year Cash-out Refi 6.15% 3/28/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

1st Security Bank Of Washington Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from 1st Security Bank Of Washington. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

5,066

Origination Dollar Volume (All Markets)

$1,909,890,000

Employee count

514 Show all (8) awards

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 3,162 $1,340,300,000 $423,877 $6,432 3.13%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 728 $218,060,000 $299,533 $4,844 3.22%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 302 $99,250,000 $328,642 $6,405 3.11%
Outside of Metro Areas 125 $34,645,000 $277,160 $5,003 3.22%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 119 $34,595,000 $290,714 $5,964 3.16%
Oak Harbor, WA (FHA|USDA|VA) 49 $17,035,000 $347,653 $7,194 3.22%
Aberdeen, WA (FHA|USDA|VA) 66 $15,250,000 $231,061 $5,427 3.35%
Shelton, WA (FHA|USDA|VA) 52 $14,290,000 $274,808 $7,124 3.20%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 37 $12,745,000 $344,459 $7,002 3.16%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 39 $12,615,000 $323,462 $8,353 3.30%
Port Angeles, WA (FHA|USDA|VA) 56 $12,520,000 $223,571 $5,147 3.07%
Ellensburg, WA (FHA|USDA|VA) 26 $10,520,000 $404,615 $5,318 3.16%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 36 $9,530,000 $264,722 $4,353 3.19%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 33 $8,465,000 $256,515 $6,451 3.31%
BELLINGHAM, WA (FHA|USDA|VA) 27 $8,335,000 $308,704 $5,394 3.18%
Centralia, WA (FHA|USDA|VA) 28 $6,730,000 $240,357 $6,619 3.23%
WENATCHEE, WA (FHA|USDA|VA) 22 $6,380,000 $290,000 $5,140 2.99%
Moses Lake, WA (FHA|USDA|VA) 21 $5,115,000 $243,571 $5,683 3.29%
LONGVIEW, WA (FHA|USDA|VA) 10 $4,660,000 $466,000 $10,242 3.63%
Outside of Metro Areas 10 $3,300,000 $330,000 $7,535 3.09%
BOISE CITY, ID (FHA|USDA|VA) 9 $3,085,000 $342,778 $5,521 3.19%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 8 $3,070,000 $383,750 $6,276 3.64%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 3 $2,895,000 $965,000 $13,830 3.08%
WALLA WALLA, WA (FHA|USDA|VA) 8 $2,550,000 $318,750 $4,133 3.44%
SALEM, OR (FHA|USDA|VA) 7 $2,385,000 $340,714 $7,245 3.61%
YAKIMA, WA (FHA|USDA|VA) 8 $2,280,000 $285,000 $6,633 3.39%
BEND, OR (FHA|USDA|VA) 10 $2,180,000 $218,000 $10,057 3.83%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 5 $1,995,000 $399,000 $5,655 3.10%
ALBANY-LEBANON, OR (FHA|USDA|VA) 8 $1,890,000 $236,250 $10,522 3.64%
Newport, OR (FHA|USDA|VA) 6 $1,430,000 $238,333 $7,081 3.50%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 4 $1,070,000 $267,500 $11,467 3.81%
TUCSON, AZ (FHA|USDA|VA) 4 $940,000 $235,000 $4,928 2.97%
CORVALLIS, OR (FHA|USDA|VA) 3 $915,000 $305,000 $8,317 3.63%
Pullman, WA (FHA|USDA|VA) 4 $850,000 $212,500 $5,896 3.38%
Kalispell, MT (FHA|USDA|VA) 2 $800,000 $400,000 $4,980 3.38%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 2 $640,000 $320,000 $3,760 3.38%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $565,000 $565,000 $4,327 3.13%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $530,000 $265,000 $7,086 3.06%
Hermiston-Pendleton, OR (FHA|USDA|VA) 3 $515,000 $171,667 $5,974 3.42%
Othello, WA (FHA|USDA|VA) 2 $470,000 $235,000 $4,167 3.06%
Klamath Falls, OR (FHA|USDA|VA) 2 $410,000 $205,000 $9,726 3.25%
VALLEJO, CA (FHA|USDA|VA) 1 $405,000 $405,000 $5,630 3.38%
Ontario, OR-ID (FHA|USDA|VA) 1 $365,000 $365,000 $4,900 3.25%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $355,000 $355,000 $6,949 2.88%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $325,000 $325,000 $6,458 2.63%
Astoria, OR (FHA|USDA|VA) 1 $285,000 $285,000 $5,897 3.75%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $275,000 $275,000 $15,055 2.75%
Helena, MT (FHA|USDA|VA) 1 $265,000 $265,000 $3,766 2.88%
Roseburg, OR (FHA|USDA|VA) 2 $250,000 $125,000 $8,380 3.69%
REDDING, CA (FHA|USDA|VA) 1 $235,000 $235,000 $4,347 2.88%
The Dalles, OR (FHA|USDA|VA) 1 $225,000 $225,000 $5,166 3.38%
LEWISTON, ID-WA (FHA|USDA|VA) 1 $215,000 $215,000 $15,003 4.13%
IDAHO FALLS, ID (FHA|USDA|VA) 1 $185,000 $185,000 $6,108 3.13%
BILLINGS, MT (FHA|USDA|VA) 1 $185,000 $185,000 $4,363 2.88%
Brookings, OR (FHA|USDA|VA) 1 $185,000 $185,000 $16,026 4.63%
Moscow, ID (FHA|USDA|VA) 1 $165,000 $165,000 $0 3.75%
Prineville, OR (FHA|USDA|VA) 1 $165,000 $165,000 $9,487 4.75%
1st Security Bank Of Washington's top markets include Seattle, Kennewick, Bremerton, Olympia, and Oak Harbor among others.

Their top states include:
  • Washington (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Idaho (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 4,615 $1,745,085,000 $378,133 $5,686 3.17%
    VA 267 $105,795,000 $396,236 $9,242 2.87%
    FHA 179 $57,685,000 $322,263 $12,794 3.30%
    USDA 5 $1,325,000 $265,000 $7,159 2.95%

    For 2020, 1st Security Bank Of Washington's most frequently originated type of loan was Conventional, with 4,615 originations. Their 2nd most popular type was VA, with 267 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 2,342 $839,250,000 $358,348 $4,860 3.07%
    Home Purchase 1,782 $759,560,000 $426,240 $8,054 3.24%
    Cash Out Refi 917 $303,565,000 $331,041 $5,737 3.23%
    Other 14 $4,840,000 $345,714 $4,613 3.19%
    Home Improvement 11 $2,675,000 $243,182 $4,901 3.47%

    For 2020, 1st Security Bank Of Washington's most frequently cited loan purpose was Refi, with 2,342 originations. The 2nd most popular reason was Home Purchase, with 1,782 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 4,311 $1,640,645,000 $380,572 $6,235 3.16%
    15 Year 335 $97,375,000 $290,672 $4,716 2.81%
    20 Year 211 $63,005,000 $298,602 $4,448 3.16%
    30+ year 91 $30,705,000 $337,418 $12,423 4.06%
    10 Year 60 $44,240,000 $737,333 $3,897 3.58%
    Other 56 $32,780,000 $585,357 $5,253 3.15%
    1 Year 1 $325,000 $325,000 $0 5.00%
    5 Year 1 $815,000 $815,000 $0 3.97%

    For 2020, 1st Security Bank Of Washington's most frequently cited loan duration was 30 Year, with 4,311 originations. The 2nd most popular length was 15 Year, with 335 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 2,003 $666,885,000 $332,943
    $5k+ 1,000 $527,770,000 $527,770
    $2k-3k 694 $216,590,000 $312,089
    $3k-4k 592 $196,920,000 $332,635
    $4k-5k 445 $168,015,000 $377,562
    $<1k 27 $3,125,000 $115,741

    1st Security Bank Of Washington's average total fees were $6,235, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,003 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 2,398 $925,520,000 $385,955
    2.5-3% 2,033 $747,125,000 $367,499
    <2.5% 418 $159,430,000 $381,411
    4-5% 202 $74,710,000 $369,851
    5-6% 13 $2,985,000 $229,615
    6-7% 2 $120,000 $60,000

    During 2020, 1st Security Bank Of Washington's average interest rate for loans was 3.16%, while their most frequently originated rate bucket for loans was 3-4%, with 2,398 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,643 $786,225,000 $297,474 $5,363 3.18%
    $400k-600k 1,361 $653,255,000 $479,982 $6,989 3.09%
    $100k-200k 584 $94,890,000 $162,483 $3,955 3.17%
    $600k-1MM 347 $246,825,000 $711,311 $10,399 3.19%
    $1MM+ 74 $124,420,000 $1,681,351 $18,743 3.42%
    $100,000 or less 57 $4,275,000 $75,000 $2,360 3.44%

    2020 saw 1st Security Bank Of Washington place emphasis on $200k-400k loans with 2,643 originations, totaling $786,225,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,358 $503,960,000 $371,105 $6,115 3.17%
    $150k-250k 1,090 $474,780,000 $435,578 $6,493 3.14%
    $75k-100k 835 $260,715,000 $312,234 $5,814 3.18%
    $50k-75k 799 $212,415,000 $265,851 $5,538 3.17%
    $250k+ 486 $281,400,000 $579,012 $8,701 3.22%
    $50k or less 256 $51,500,000 $201,172 $4,820 3.16%

    1st Security Bank Of Washington lent most frequently to those with incomes in the $100k-150k range, with 1,358 originations. The second most popular income band? $150k-250k, with 1,090 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,287 $464,085,000 $360,594 $5,483 3.10%
    30-36% 974 $361,640,000 $371,294 $5,956 3.17%
    <20% 585 $211,955,000 $362,316 $5,374 3.05%
    44% 195 $66,465,000 $340,846 $6,341 3.27%
    41% 191 $72,735,000 $380,812 $7,344 3.27%
    42% 189 $72,775,000 $385,053 $7,133 3.18%
    36% 175 $70,075,000 $400,429 $6,588 3.25%
    38% 174 $70,680,000 $406,207 $6,827 3.20%
    37% 162 $61,150,000 $377,469 $6,321 3.21%
    43% 160 $56,760,000 $354,750 $6,266 3.30%
    39% 157 $58,445,000 $372,261 $6,913 3.20%
    40% 146 $58,290,000 $399,247 $6,876 3.19%
    46% 112 $41,890,000 $374,018 $7,957 3.37%
    45% 110 $37,950,000 $345,000 $6,599 3.21%
    49% 108 $39,260,000 $363,519 $7,342 3.13%
    48% 103 $38,755,000 $376,262 $7,071 3.24%
    47% 96 $34,410,000 $358,438 $7,642 3.16%
    50-60% 16 $6,260,000 $391,250 $11,522 3.46%

    1st Security Bank Of Washington lent most frequently to those with DTI ratios of 20-30%, with 1,287 originations. The next most common DTI ratio? 30-36%, with 974 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,629 $1,305,445,000 $359,726 $6,035 3.17%
    Not provided 924 $350,120,000 $378,918 $6,097 3.14%
    Asian 288 $124,390,000 $431,910 $6,931 3.08%
    Not applicable 36 $49,920,000 $1,386,667 $0 4.18%
    Black 75 $31,205,000 $416,067 $7,984 3.20%
    Asian Indian 45 $23,675,000 $526,111 $8,800 2.87%
    American Indian 26 $10,680,000 $410,769 $6,638 3.15%
    Native Hawaiian or Islander 12 $3,700,000 $308,333 $5,932 3.39%
    Chinese 7 $2,735,000 $390,714 $5,946 2.71%
    Korean 6 $2,320,000 $386,667 $5,626 3.02%
    Japanese 6 $2,130,000 $355,000 $6,108 3.10%
    Other Asian 4 $1,210,000 $302,500 $7,318 2.81%
    Vietnamese 3 $1,015,000 $338,333 $5,963 2.71%
    Filipino 2 $670,000 $335,000 $6,770 2.87%
    Other Pacific Islander 2 $410,000 $205,000 $3,670 3.50%
    Native Hawaiian 1 $265,000 $265,000 $5,430 3.63%

    Approval Rates

    Total approvals of all applications
    96.81%

    1st Security Bank Of Washington has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    82.85%

    1st Security Bank Of Washington has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 5,066 $1,909,890,000 $377,002

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 18 $44,360,000 $2,464,444
    Single Family (1-4 Units):Manufactured 256 $65,220,000 $254,766
    Single Family (1-4 Units):Site-Built 4,792 $1,800,310,000 $375,691

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 351 $88,895,000 $253,262 $4,505 2.97%
    40-60% 1,174 $405,240,000 $345,179 $5,051 3.03%
    60-80% 2,047 $819,905,000 $400,540 $5,833 3.23%
    80-100% 1,359 $560,395,000 $412,358 $7,656 3.22%
    Over 100% 52 $23,440,000 $450,769 $17,418 3.04%
    Under 20% 77 $9,545,000 $123,961 $2,270 3.42%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    1st Security Bank of Washington 10 Oak Bay Rd Hadlock, WA 98339 Full Service B&M $57,562
    1st Security Bank of Washington 100 West First Street Aberdeen, WA 98520 Limited, Administrative $0
    1st Security Bank of Washington 10514 156th Street East Puyallup, WA 98374 Full Service B&M $34,875
    1st Security Bank of Washington 10574 Silverdale Way Nw Silverdale, WA 98383 Full Service B&M $10,593
    1st Security Bank of Washington 114 South Sequim Avenue Sequim, WA 98382 Full Service B&M $102,810
    1st Security Bank of Washington 120 North Broadway Aberdeen, WA 98520 Full Service B&M $88,585
    1st Security Bank of Washington 134 West Eighth Street Port Angeles, WA 98362 Full Service B&M $81,111
    1st Security Bank of Washington 14808 Ne 24th Street Suite D Redmond, WA 98052 Full Service B&M $71,946
    1st Security Bank of Washington 15224 Main Street, Suite 105 Mill Creek, WA 98012 Full Service B&M $32,612
    1st Security Bank of Washington 19002 33rd Ave West Lynnwood, WA 98036 Full Service B&M $80,319
    1st Security Bank of Washington 211-B Pioneer Avenue East Montesano, WA 98563 Full Service Retail $17,010
    1st Security Bank of Washington 21650 Nw Market Place Poulsbo, WA 98370 Full Service B&M $34,372
    1st Security Bank of Washington 2610 Harrison Avenue Northwest At Kenyon Olympia, WA 98502 Full Service B&M $30,619
    1st Security Bank of Washington 307 W Stewart Street Puyallup, WA 98371 Full Service B&M $64,166
    1st Security Bank of Washington 604 South Tower Avenue Centralia, WA 98531 Full Service B&M $30,470
    1st Security Bank of Washington 614 Broadway East Seattle, WA 98102 Full Service B&M $77,585
    1st Security Bank of Washington 620 Edmonds Way Edmonds, WA 98020 Full Service B&M $87,737
    1st Security Bank of Washington 649 Woodland Square Loop Southeast Lacey, WA 98503 Full Service B&M $51,370
    1st Security Bank of Washington 6920 220th Street Sw, Suite 300 Mountlake Terrace, WA 98043 Full Service B&M $491,488
    1st Security Bank of Washington 698 Ocean Shores Boulevard Ocean Shores, WA 98569 Full Service B&M $33,762
    1st Security Bank of Washington 734 Water Street Port Townsend, WA 98368 Full Service B&M $74,033
    1st Security Bank of Washington Montesano And Washington Westport, WA 98595 Full Service B&M $38,410
    1st Security Bank of Washington Third And Eaton Streets Elma, WA 98541 Full Service B&M $26,818

    For 2020, 1st Security Bank Of Washington had 23 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $89,667
    Net interest income $75,566
    Total noninterest income $50,605
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $1,664
    Trading account gains and fees $0
    Additional Noninterest Income $48,941
    Pre-tax net operating income $50,521
    Securities gains (or losses, -) $300
    Income before extraordinary items $40,031
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $40,031
    Minority interest net income $0
    Net income $40,031
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $39,794

    1st Security Bank Of Washington's gross interest income from loans was $89,667,000.
    1st Security Bank Of Washington's net interest income from loans was $75,566,000.
    1st Security Bank Of Washington's fee based income from loans was $1,664,000.
    1st Security Bank Of Washington's net income from loans was $40,031,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $14,101
    Provision for credit losses $13,036
    Total noninterest expense $62,614
    Salaries and employee benefits $38,095
    Premises and equipment expense $6,339
    Additional noninterest expense $18,180
    Applicable income taxes $10,790
    Net charge-offs $93
    Cash dividends $20,862

    1st Security Bank Of Washington's interest expense for loans was $14,101,000.
    1st Security Bank Of Washington's payroll and benefits expense were $38,095,000.
    1st Security Bank Of Washington's property, plant and equipment expenses $6,339,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 2.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,697,593
    Deposits held in domestic offices $1,697,593
    Deposits by Individuals, partnerships, and corporations $1,672,774
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $19,170
    Deposits by Commercial banks and other depository institutions in U.S. $5,649
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $612,656
    Demand deposits $386,324
    Nontransaction accounts $1,084,937
    Money market deposit accounts (MMDAs) $429,550
    Other savings deposits (excluding MMDAs) $152,842
    Total time deposits $502,546
    Total time and savings deposits $1,311,269
    Noninterest-bearing deposits $386,324
    Interest-bearing deposits $1,311,269
    Retail deposits $1,428,624
    IRAs and Keogh plan accounts $46,530
    Brokered deposits $201,444
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,113,056
    Cash & Balances due from depository institutions $103,755
    Interest-bearing balances $92,949
    Total securities $185,518
    Federal funds sold & reverse repurchase $100
    Net loans and leases $1,711,446
    Loan and leases loss allowance $26,172
    Trading account assets $0
    Bank premises and fixed assets $31,862
    Other real estate owned $90
    Goodwill and other intangibles $19,658
    All other assets $60,627

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,113,056
    Total Liabilities $1,887,572
    Total deposits $1,697,593
    Interest-bearing deposits $1,311,269
    Deposits held in domestic offices $1,697,593
    % insured (estimated) $75
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $165,809
    Subordinated debt $0
    All other liabilities $24,170

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,711,446
    Loan and leases loss allowance $26,172
    Total loans and leases (domestic) $1,737,618
    All real estate loans $1,121,482
    Real estate loans in domestic offices $1,121,482
    Construction and development loans $216,974
    Residential 1-4 family construction $161,879
    Other construction, all land development and other land $55,095
    Loans secured by nonfarm nonresidential properties $229,577
    Nonfarm nonresidential secured by owner-occupied properties $77,245
    Commercial real estate & other non-farm, non-residential $152,332
    Multifamily residential real estate $134,364
    1-4 family residential loans $540,517
    Farmland loans $50
    Loans held in foreign offices $0
    Farm loans $58
    Commercial and industrial loans $194,895
    To non-U.S. addressees $0
    Loans to individuals $375,124
    Credit card loans $1,253
    Related Plans $1,072
    Consumer Auto Loans $424
    Other loans to individuals $372,375
    All other loans & leases $49,110
    Loans to foreign governments and official institutions $0
    Other loans $49,110
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $33,031
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    1st Security Bank of Washington had $1,711,446,000 of loans outstanding in 2020. $1,121,482,000 of loans were in real estate loans. $216,974,000 of loans were in development loans. $134,364,000 of loans were in multifamily mortgage loans. $540,517,000 of loans were in 1-4 family mortgage loans. $58,000 of loans were in farm loans. $1,253,000 of loans were in credit card loans. $424,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 152 $56,162 $369,487
    Nonfarm, nonresidential loans - <$100k 11 $575 $52,273
    Nonfarm, nonresidential loans - $100-250k 38 $5,229 $137,605
    Nonfarm, nonresidential loans - $250k-1MM 103 $50,358 $488,913
    Commercial & Industrial, US addressed loans - <$1MM 643 $79,893 $124,250
    Commercial & Industrial, US addressed loans - <$100k 377 $14,891 $39,499
    Commercial & Industrial, US addressed loans - $100-250k 120 $14,994 $124,950
    Commercial & Industrial, US addressed loans - $250k-1MM 146 $50,008 $342,521
    Farmland loans - <$1MM 2 $50 $25,000
    Farmland loans - <$100k 2 $50 $25,000
    Agriculture operations loans - <$1MM 1 $58 $58,000
    Agriculture operations loans - <$100k 1 $58 $58,000