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 Home Purchase and Refi 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, Phoenix, and Olympia among others. We have data for 65 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% 12/16/24
30 Year Conventional Refi 6.54% 12/16/24
30 Year Cash-out Refi 6.72% 12/16/24
30 Year FHA Purchase 7.48% 12/16/24
30 Year FHA Refi 6.76% 12/16/24
30 Year VA Purchase 6.29% 12/16/24
30 Year VA Refi 6.27% 12/16/24
15 Year Conventional Purchase 5.85% 12/16/24
15 Year Conventional Refi 6.15% 12/16/24
15 Year Cash-out Refi 6.15% 12/16/24
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

3,671

Origination Dollar Volume (All Markets)

$1,634,445,000

Employee count

536

Awards

1st Security Bank of Washington FHA Loans bronze 1st Security Bank of Washington 30 Year Conventional Loans silver
Show all (2) 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) 2,050 $1,062,700,000 $518,390 $7,498 3.06%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 554 $187,790,000 $338,971 $5,377 3.13%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 250 $90,250,000 $361,000 $6,840 3.07%
Outside of Metro Areas 119 $34,805,000 $292,479 $6,463 3.16%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 37 $31,715,000 $857,162 $6,775 3.27%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 88 $29,340,000 $333,409 $6,880 3.25%
Aberdeen, WA (FHA|USDA|VA) 95 $19,045,000 $200,474 $5,201 3.11%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 40 $16,850,000 $421,250 $9,457 3.50%
Oak Harbor, WA (FHA|USDA|VA) 34 $15,540,000 $457,059 $7,912 3.29%
Centralia, WA (FHA|USDA|VA) 30 $12,640,000 $421,333 $7,619 3.40%
Shelton, WA (FHA|USDA|VA) 44 $12,450,000 $282,955 $6,482 3.16%
BELLINGHAM, WA (FHA|USDA|VA) 23 $9,775,000 $425,000 $7,952 3.26%
WENATCHEE, WA (FHA|USDA|VA) 19 $9,515,000 $500,789 $7,677 3.04%
Port Angeles, WA (FHA|USDA|VA) 30 $8,660,000 $288,667 $5,419 3.05%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 16 $7,710,000 $481,875 $7,288 3.32%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 21 $7,185,000 $342,143 $4,751 3.02%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 21 $6,585,000 $313,571 $8,598 3.63%
Ellensburg, WA (FHA|USDA|VA) 14 $6,380,000 $455,714 $4,702 3.21%
YAKIMA, WA (FHA|USDA|VA) 19 $5,905,000 $310,789 $9,508 3.28%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 8 $4,970,000 $621,250 $8,655 2.94%
Outside of Metro Areas 12 $4,120,000 $343,333 $9,070 3.51%
Moses Lake, WA (FHA|USDA|VA) 16 $3,850,000 $240,625 $6,994 3.23%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 3 $3,325,000 $1,108,333 $10,533 2.54%
WALLA WALLA, WA (FHA|USDA|VA) 11 $3,285,000 $298,636 $6,110 3.27%
LONGVIEW, WA (FHA|USDA|VA) 9 $3,005,000 $333,889 $11,009 3.22%
Hailey, ID (FHA|USDA|VA) 2 $2,930,000 $1,465,000 $15,831 3.50%
BOISE CITY, ID (FHA|USDA|VA) 7 $2,875,000 $410,714 $7,453 3.29%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 3 $2,505,000 $835,000 $5,854 2.88%
BEND, OR (FHA|USDA|VA) 9 $2,465,000 $273,889 $8,010 3.44%
ALBANY-LEBANON, OR (FHA|USDA|VA) 7 $1,935,000 $276,429 $14,485 3.84%
Newport, OR (FHA|USDA|VA) 8 $1,790,000 $223,750 $11,477 4.23%
Hermiston-Pendleton, OR (FHA|USDA|VA) 6 $1,760,000 $293,333 $6,106 2.96%
TUCSON, AZ (FHA|USDA|VA) 5 $1,635,000 $327,000 $7,493 2.78%
SALEM, OR (FHA|USDA|VA) 6 $1,600,000 $266,667 $10,182 3.71%
Astoria, OR (FHA|USDA|VA) 3 $1,355,000 $451,667 $18,583 3.50%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 4 $1,230,000 $307,500 $11,652 3.25%
Prineville, OR (FHA|USDA|VA) 4 $990,000 $247,500 $6,929 3.41%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 3 $985,000 $328,333 $5,511 2.88%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $950,000 $475,000 $9,064 3.25%
Roseburg, OR (FHA|USDA|VA) 3 $905,000 $301,667 $18,413 4.21%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $890,000 $445,000 $3,348 2.81%
Klamath Falls, OR (FHA|USDA|VA) 4 $820,000 $205,000 $13,442 4.06%
Pullman, WA (FHA|USDA|VA) 3 $795,000 $265,000 $7,336 3.54%
Kalispell, MT (FHA|USDA|VA) 2 $760,000 $380,000 $8,689 3.25%
Brookings, OR (FHA|USDA|VA) 2 $640,000 $320,000 $4,528 3.25%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $625,000 $625,000 $9,510 3.13%
Coos Bay, OR (FHA|USDA|VA) 2 $590,000 $295,000 $16,589 3.44%
Red Bluff, CA (FHA|USDA|VA) 1 $585,000 $585,000 $13,020 3.38%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $535,000 $535,000 $8,644 3.25%
REDDING, CA (FHA|USDA|VA) 1 $515,000 $515,000 $3,995 3.75%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $510,000 $255,000 $4,278 2.81%
LEWISTON, ID-WA (FHA|USDA|VA) 2 $460,000 $230,000 $4,286 2.94%
Bozeman, MT (FHA|USDA|VA) 1 $455,000 $455,000 $6,751 2.88%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $405,000 $405,000 $8,106 3.38%
Helena, MT (FHA|USDA|VA) 1 $355,000 $355,000 $2,962 2.63%
Moscow, ID (FHA|USDA|VA) 1 $345,000 $345,000 $2,425 3.00%
TWIN FALLS, ID (FHA|USDA|VA) 1 $315,000 $315,000 $8,914 3.13%
Othello, WA (FHA|USDA|VA) 1 $285,000 $285,000 $8,369 3.88%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $235,000 $235,000 $3,400 3.38%
Sandpoint, ID (FHA|USDA|VA) 1 $225,000 $225,000 $8,517 3.88%
The Dalles, OR (FHA|USDA|VA) 1 $175,000 $175,000 $6,561 2.88%
La Grande, OR (FHA|USDA|VA) 1 $175,000 $175,000 $0 2.75%
MEDFORD, OR (FHA|USDA|VA) 1 $175,000 $175,000 $3,378 3.38%
MADERA, CA (FHA|USDA|VA) 1 $145,000 $145,000 $2,913 3.38%
CORVALLIS, OR (FHA|USDA|VA) 1 $125,000 $125,000 $3,120 3.38%
1st Security Bank Of Washington's top markets include Seattle, Kennewick, Bremerton, Phoenix, and Olympia among others.

Their top states include:
  • Washington (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Oregon (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 3,280 $1,478,910,000 $450,887 $6,456 3.13%
    VA 194 $87,220,000 $449,588 $9,466 2.73%
    FHA 191 $66,375,000 $347,513 $14,103 3.26%
    USDA 6 $1,940,000 $323,333 $8,703 2.83%

    For 2021, 1st Security Bank Of Washington's most frequently originated type of loan was Conventional, with 3,280 originations. Their 2nd most popular type was VA, with 194 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,858 $942,770,000 $507,411 $8,801 3.19%
    Refi 1,066 $430,760,000 $404,090 $4,969 2.94%
    Cash Out Refi 707 $247,575,000 $350,177 $5,662 3.16%
    Other 26 $9,290,000 $357,308 $5,988 3.28%
    Home Improvement 14 $4,050,000 $289,286 $5,026 3.38%

    For 2021, 1st Security Bank Of Washington's most frequently cited loan purpose was Home Purchase, with 1,858 originations. The 2nd most popular reason was Refi, with 1,066 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,020 $1,346,270,000 $445,785 $7,024 3.11%
    15 Year 296 $84,790,000 $286,453 $4,708 2.53%
    30+ year 169 $62,005,000 $366,893 $13,776 4.13%
    20 Year 122 $34,670,000 $284,180 $4,461 3.01%
    10 Year 42 $94,160,000 $2,241,905 $3,947 3.57%
    Other 18 $7,080,000 $393,333 $4,243 3.17%
    3 Year 4 $5,470,000 $1,367,500 $0 4.38%

    For 2021, 1st Security Bank Of Washington's most frequently cited loan duration was 30 Year, with 3,020 originations. The 2nd most popular length was 15 Year, with 296 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,443 $554,905,000 $384,550
    $5k+ 843 $502,065,000 $595,569
    $2k-3k 442 $156,690,000 $354,502
    $3k-4k 371 $135,475,000 $365,162
    $4k-5k 291 $109,355,000 $375,790
    $<1k 4 $370,000 $92,500

    1st Security Bank Of Washington's average total fees were $7,024, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,443 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,706 $780,750,000 $457,649
    2.5-3% 1,457 $641,425,000 $440,237
    <2.5% 329 $132,205,000 $401,839
    4-5% 175 $79,075,000 $451,857
    5-6% 3 $735,000 $245,000
    6-7% 1 $255,000 $255,000

    During 2021, 1st Security Bank Of Washington's average interest rate for loans was 3.11%, while their most frequently originated rate bucket for loans was 3-4%, with 1,706 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,568 $471,150,000 $300,478 $5,893 3.16%
    $400k-600k 1,086 $528,140,000 $486,317 $7,662 3.09%
    $600k-1MM 451 $330,265,000 $732,295 $10,144 3.06%
    $100k-200k 400 $63,160,000 $157,900 $4,248 3.09%
    $1MM+ 129 $238,735,000 $1,850,659 $14,997 3.12%
    $100,000 or less 37 $2,995,000 $80,946 $3,055 2.93%

    2021 saw 1st Security Bank Of Washington place emphasis on $200k-400k loans with 1,568 originations, totaling $471,150,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 947 $385,115,000 $406,668 $6,987 3.10%
    $150k-250k 774 $401,850,000 $519,186 $7,556 3.06%
    $75k-100k 621 $210,725,000 $339,332 $6,212 3.17%
    $50k-75k 609 $172,855,000 $283,834 $6,392 3.15%
    $250k+ 395 $292,675,000 $740,949 $10,579 3.10%
    $50k or less 202 $37,170,000 $184,010 $4,960 3.11%

    1st Security Bank Of Washington lent most frequently to those with incomes in the $100k-150k range, with 947 originations. The second most popular income band? $150k-250k, with 774 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 843 $359,505,000 $426,459 $6,532 3.03%
    30-36% 714 $316,180,000 $442,829 $7,153 3.08%
    <20% 279 $107,685,000 $385,968 $5,888 2.98%
    41% 165 $77,165,000 $467,667 $8,090 3.25%
    44% 161 $62,675,000 $389,286 $6,878 3.24%
    39% 144 $70,630,000 $490,486 $8,234 3.18%
    40% 143 $60,735,000 $424,720 $6,778 3.16%
    43% 142 $53,960,000 $380,000 $7,371 3.24%
    42% 136 $58,070,000 $426,985 $7,161 3.19%
    36% 132 $57,700,000 $437,121 $6,589 3.12%
    38% 131 $60,815,000 $464,237 $7,719 3.18%
    37% 130 $51,660,000 $397,385 $6,684 3.20%
    49% 101 $38,985,000 $385,990 $7,593 3.08%
    46% 99 $39,935,000 $403,384 $8,461 3.17%
    47% 97 $38,615,000 $398,093 $8,300 3.14%
    48% 90 $31,400,000 $348,889 $7,193 3.17%
    45% 76 $29,300,000 $385,526 $7,900 3.17%
    50-60% 14 $7,050,000 $503,571 $13,927 2.87%
    >60% 2 $380,000 $190,000 $3,113 3.25%

    1st Security Bank Of Washington lent most frequently to those with DTI ratios of 20-30%, with 843 originations. The next most common DTI ratio? 30-36%, with 714 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,457 $1,008,115,000 $410,303 $6,858 3.12%
    Not provided 771 $328,985,000 $426,699 $7,353 3.09%
    Asian 272 $137,160,000 $504,265 $7,768 3.03%
    Not applicable 38 $97,830,000 $2,574,474 $0 4.00%
    Black 62 $29,930,000 $482,742 $8,170 3.01%
    Asian Indian 19 $13,375,000 $703,947 $9,341 2.99%
    American Indian 32 $10,870,000 $339,688 $6,382 3.32%
    Filipino 5 $2,645,000 $529,000 $10,229 2.63%
    Native Hawaiian or Islander 7 $2,265,000 $323,571 $4,350 2.96%
    Chinese 4 $1,600,000 $400,000 $7,264 2.59%
    Japanese 2 $930,000 $465,000 $7,875 2.75%
    Other Asian 1 $495,000 $495,000 $15,344 2.25%
    Korean 1 $245,000 $245,000 $2,597 3.00%

    Approval Rates

    Total approvals of all applications
    96.71%

    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
    79.38%

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

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,671 $1,634,445,000 $445,232

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,671 $1,634,445,000 $445,232

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 274 $66,070,000 $241,131 $4,527 2.88%
    40-60% 803 $307,325,000 $382,721 $5,305 3.03%
    60-80% 1,408 $700,150,000 $497,266 $6,981 3.19%
    80-100% 1,124 $545,020,000 $484,893 $8,734 3.14%
    Over 100% 25 $11,285,000 $451,400 $18,474 2.74%
    Under 20% 37 $4,595,000 $124,189 $2,729 3.30%

    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 $75,032
    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 $26,369
    1st Security Bank of Washington 10574 Silverdale Way Nw Silverdale, WA 98383 Full Service B&M $15,226
    1st Security Bank of Washington 114 South Sequim Avenue Sequim, WA 98382 Full Service B&M $116,514
    1st Security Bank of Washington 120 North Broadway Aberdeen, WA 98520 Full Service B&M $91,731
    1st Security Bank of Washington 134 West Eighth Street Port Angeles, WA 98362 Full Service B&M $100,882
    1st Security Bank of Washington 14808 Ne 24th Street Suite D Redmond, WA 98052 Full Service B&M $81,276
    1st Security Bank of Washington 15224 Main Street, Suite 105 Mill Creek, WA 98012 Full Service B&M $37,817
    1st Security Bank of Washington 19002 33rd Ave West Lynnwood, WA 98036 Full Service B&M $88,032
    1st Security Bank of Washington 211-B Pioneer Avenue East Montesano, WA 98563 Full Service Retail $18,744
    1st Security Bank of Washington 21650 Nw Market Place Poulsbo, WA 98370 Full Service B&M $41,697
    1st Security Bank of Washington 2610 Harrison Avenue Northwest At Kenyon Olympia, WA 98502 Full Service B&M $35,122
    1st Security Bank of Washington 307 W Stewart Street Puyallup, WA 98371 Full Service B&M $70,986
    1st Security Bank of Washington 604 South Tower Avenue Centralia, WA 98531 Full Service B&M $34,925
    1st Security Bank of Washington 614 Broadway East Seattle, WA 98102 Full Service B&M $103,157
    1st Security Bank of Washington 620 Edmonds Way Edmonds, WA 98020 Full Service B&M $101,358
    1st Security Bank of Washington 649 Woodland Square Loop Southeast Lacey, WA 98503 Full Service B&M $55,077
    1st Security Bank of Washington 6920 220th Street Sw, Suite 300 Mountlake Terrace, WA 98043 Full Service B&M $590,063
    1st Security Bank of Washington 698 Ocean Shores Boulevard Ocean Shores, WA 98569 Full Service B&M $38,967
    1st Security Bank of Washington 734 Water Street Port Townsend, WA 98368 Full Service B&M $90,516
    1st Security Bank of Washington Montesano And Washington Westport, WA 98595 Full Service B&M $46,910
    1st Security Bank of Washington Third And Eaton Streets Elma, WA 98541 Full Service B&M $32,525

    For 2021, 1st Security Bank Of Washington had 23 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $95,390
    Net interest income $87,400
    Total noninterest income $37,925
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $1,431
    Trading account gains and fees $0
    Additional Noninterest Income $36,494
    Pre-tax net operating income $49,413
    Securities gains (or losses, -) $0
    Income before extraordinary items $38,986
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $38,986
    Minority interest net income $0
    Net income $38,986
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $38,986

    1st Security Bank Of Washington's gross interest income from loans was $95,390,000.
    1st Security Bank Of Washington's net interest income from loans was $87,400,000.
    1st Security Bank Of Washington's fee based income from loans was $1,431,000.
    1st Security Bank Of Washington's net income from loans was $38,986,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $7,990
    Provision for credit losses $500
    Total noninterest expense $75,412
    Salaries and employee benefits $49,721
    Premises and equipment expense $6,390
    Additional noninterest expense $19,301
    Applicable income taxes $10,427
    Net charge-offs $1,037
    Cash dividends $9,800

    1st Security Bank Of Washington's interest expense for loans was $7,990,000.
    1st Security Bank Of Washington's payroll and benefits expense were $49,721,000.
    1st Security Bank Of Washington's property, plant and equipment expenses $6,390,000.

    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 $1,943,638
    Deposits held in domestic offices $1,943,638
    Deposits by Individuals, partnerships, and corporations $1,883,779
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $46,782
    Deposits by Commercial banks and other depository institutions in U.S. $13,076
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $836,664
    Demand deposits $487,349
    Nontransaction accounts $1,106,973
    Money market deposit accounts (MMDAs) $552,367
    Other savings deposits (excluding MMDAs) $193,914
    Total time deposits $360,691
    Total time and savings deposits $1,456,288
    Noninterest-bearing deposits $487,349
    Interest-bearing deposits $1,456,289
    Retail deposits $1,693,558
    IRAs and Keogh plan accounts $40,009
    Brokered deposits $192,569
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,286,020
    Cash & Balances due from depository institutions $36,888
    Interest-bearing balances $25,091
    Total securities $278,860
    Federal funds sold & reverse repurchase $145
    Net loans and leases $1,854,386
    Loan and leases loss allowance $25,635
    Trading account assets $0
    Bank premises and fixed assets $30,894
    Other real estate owned $0
    Goodwill and other intangibles $23,342
    All other assets $61,505

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,286,020
    Total Liabilities $2,008,630
    Total deposits $1,943,638
    Interest-bearing deposits $1,456,289
    Deposits held in domestic offices $1,943,638
    % insured (estimated) $71
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $42,528
    Subordinated debt $0
    All other liabilities $22,464

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,854,386
    Loan and leases loss allowance $25,635
    Total loans and leases (domestic) $1,880,021
    All real estate loans $1,268,180
    Real estate loans in domestic offices $1,268,180
    Construction and development loans $242,576
    Residential 1-4 family construction $171,276
    Other construction, all land development and other land $71,300
    Loans secured by nonfarm nonresidential properties $284,839
    Nonfarm nonresidential secured by owner-occupied properties $107,703
    Commercial real estate & other non-farm, non-residential $177,136
    Multifamily residential real estate $180,839
    1-4 family residential loans $559,887
    Farmland loans $39
    Loans held in foreign offices $0
    Farm loans $52
    Commercial and industrial loans $159,489
    To non-U.S. addressees $0
    Loans to individuals $423,793
    Credit card loans $892
    Related Plans $1,073
    Consumer Auto Loans $469
    Other loans to individuals $421,359
    All other loans & leases $33,357
    Loans to foreign governments and official institutions $0
    Other loans $33,357
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $27,084
    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 $1,854,386,000 of loans outstanding in 2021. $1,268,180,000 of loans were in real estate loans. $242,576,000 of loans were in development loans. $180,839,000 of loans were in multifamily mortgage loans. $559,887,000 of loans were in 1-4 family mortgage loans. $52,000 of loans were in farm loans. $892,000 of loans were in credit card loans. $469,000 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 124 $46,911 $378,315
    Nonfarm, nonresidential loans - <$100k 5 $361 $72,200
    Nonfarm, nonresidential loans - $100-250k 29 $3,724 $128,414
    Nonfarm, nonresidential loans - $250k-1MM 90 $42,826 $475,844
    Commercial & Industrial, US addressed loans - <$1MM 313 $48,663 $155,473
    Commercial & Industrial, US addressed loans - <$100k 126 $3,622 $28,746
    Commercial & Industrial, US addressed loans - $100-250k 73 $9,010 $123,425
    Commercial & Industrial, US addressed loans - $250k-1MM 114 $36,031 $316,061
    Farmland loans - <$1MM 1 $39 $39,000
    Farmland loans - <$100k 1 $39 $39,000
    Agriculture operations loans - <$1MM 1 $52 $52,000
    Agriculture operations loans - <$100k 1 $52 $52,000