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First Fed Bank
Port Angeles, WA · FDIC Certificate #28405 · Chartered 01/0
Total assets
$2.11B
Total deposits
$1.61B
Total equity
$180.92M
Net loans
$1.60B
Branches (offices)
14
Net income (YTD)
$2.06M
Rank: #582 of 4,213 U.S. banks by assets · #9 of 28 in Washington. Assets changed -3.4% and deposits -2.7% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.20% |
| Return on equity | 2.29% |
| Net interest margin (YTD) | 3.06% |
| Equity to assets | 8.59% |
| Tier 1 leverage ratio | 9.64% |
| Uninsured deposits (share of deposits) | 25.1% |
| Noncurrent loans (share of loans) | 1.28% |
| Net charge-offs (share of loans) | 0.04% |
| Loans to deposits | 99.0% |
| Real estate loans (share of loans) | 74.0% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $1.18B | 74.0% | |
| Commercial & industrial | $61.96M | 3.9% | |
| Consumer / individual | $294.69M | 18.4% | |
| Construction & development | $62.45M | 3.9% | |
| Agricultural | $30.20M | 1.9% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $2.01B | $1.60B | $7.10M | $178.88M |
| Jun 2023 | $2.14B | $1.66B | $6.40M | $176.81M |
| Jun 2024 | $2.20B | $1.71B | -$961.00K | $178.71M |
| Jun 2025 | $2.18B | $1.66B | -$4.62M | $172.72M |
| Jun 2026 | $2.11B | $1.61B | $2.06M | $180.92M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Washington | $1.61B | 14 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $1.61B.
Similar-sized banks
Northeast Community Bank ($2.11B) · Incrediblebank ($2.10B)
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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