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Commencement Bank
Tacoma, WA · FDIC Certificate #58446 · Chartered 12/1
Total assets
$739.60M
Total deposits
$660.17M
Total equity
$67.13M
Net loans
$550.02M
Branches (offices)
6
Net income (YTD)
$3.50M
Rank: #1,320 of 4,213 U.S. banks by assets · #17 of 28 in Washington. Assets changed 8.5% and deposits 10.0% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.99% |
| Return on equity | 11.14% |
| Net interest margin (YTD) | 4.28% |
| Equity to assets | 9.08% |
| Tier 1 leverage ratio | 10.30% |
| Uninsured deposits (share of deposits) | 44.0% |
| Noncurrent loans (share of loans) | 0.09% |
| Net charge-offs (share of loans) | 0.05% |
| Loans to deposits | 83.3% |
| Real estate loans (share of loans) | 73.7% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $405.42M | 73.7% | |
| Commercial & industrial | $125.48M | 22.8% | |
| Consumer / individual | $4.08M | 0.7% | |
| Construction & development | $22.69M | 4.1% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $552.01M | $500.58M | $2.08M | $46.75M |
| Jun 2023 | $615.20M | $562.38M | $1.47M | $48.27M |
| Jun 2024 | $596.75M | $535.44M | $1.53M | $48.86M |
| Jun 2025 | $681.49M | $599.94M | $2.81M | $54.25M |
| Jun 2026 | $739.60M | $660.17M | $3.50M | $67.13M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Washington | $660.17M | 6 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $660.17M.
Similar-sized banks
First Bank ($739.90M) · Platinum Bank ($739.06M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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