Olympia Federal Savings and Loan Association
BankRegReports is independent of Olympia Federal Savings and Loan Association and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
Olympia Federal Savings and Loan Association is an FDIC-insured savings bank headquartered in Olympia, WA, supervised by the FDIC, with $1.02B in total assets at Q2 2026, up 1.5% from Q2 2025, the 14th largest of 29 banks headquartered in Washington. It was established in 1906 and holds FDIC certificate 28599. It reports no CET1 ratio; its Tier 1 leverage ratio was 12.15% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Savings bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 28599
- Headquarters
- Olympia, WA
- Established
- 1906
- Total assets, Q2 2026
- $1.02B
- Assets vs Q2 2025
- +1.5%
- Tier 1 leverage ratio, Q2 2026
- 12.15%
- Domestic offices
- 9 · Olympia Federal Savings and Loan Association branches FDIC institution directory, current count
- Routing number
- 325170822
- Safety and soundness
- Is Olympia Federal Savings and Loan Association safe?
- Latest call report
- Q2 2026, FFIEC 051 · Olympia Federal Savings and Loan Association Q3 2026 call report, filed October 19, 2026 (preliminary)
- Asset rank in state
- 14th of 29 in Washington
Olympia Federal Savings and Loan Association spends more to run itself than most banks of its size. Its balance sheet stood at $1.0 billion at June 30, 2026, up 1.5% from a year earlier; it is based in Olympia, Washington. It earns about $0.40 a year on every $100 of assets, about a third the median of $1.29 for the 880 banks with $1 billion to $10 billion in assets. It also spends about 84 cents to bring in each dollar of revenue, higher than about 9 in 10 banks its size (median 58 cents).
Earnings jumped: net income for the quarter was $984,000, 124% above the same quarter a year earlier. Its margin is thin by comparison: it keeps 2.86 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 banks its size (median 3.71 cents).
As of June 30, 2026, Olympia Federal Savings and Loan Association reported a return on assets of 0.40%, a nonperforming-loan ratio of 0.26% and a Texas ratio of 1.83%. The figures come from its call report filed with the FFIEC.
Of the 29 banks headquartered in Washington, Olympia Federal Savings and Loan Association is the 14th largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 1.1% to $1.02B, loans rose 0.8% and deposits fell 3.0%. 1-4 family residential loans made up 76.4% of its total loans on June 30, 2026, its largest category; next came multifamily loans at 7.1%. Its 9 offices in the FDIC Summary of Deposits are in 6 cities in WA; its Olympia 3 offices book 53% of its branch deposits. On its Q2 2026 call report, Olympia Federal Savings and Loan Association meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 421 Capitol Way S, Olympia, WA 98501
- County
- Thurston
- Metro Area
- Olympia-Lacey-Tumwater, WA
- Charter
- State-chartered stock savings bank, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- San Francisco (Region 14)
- Federal Reserve member
- —
- Federal Reserve district
- District 12, San Francisco
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1906
- Domestic offices
- 9 FDIC institution directory, current count
- Employees (FTE)
- 122
- Domestic deposits
- $709.7M
- Allowance for credit losses
- $5.4M
- Net charge-offs (YTD)
- $6K
- Average total assets
- $996.1M
- Average total loans
- $862.0M
- Average interest-bearing deposits
- $636.3M
- Tax status
- C corporation
- Ownership
- Mutual
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 28599
- Fed RSSD
- 550279
- Website
- www.olyfed.com →
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Olympia Federal Savings and Loan Association reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Olympia Federal Savings and Loan Association's total assets ranged from $937.5M (Q3 2023) to $1.03B (Q4 2025), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$1.02B total assets against $1.00B; $900.9M total liabilities against $889.5M.
$858.0M net loans and leases against $848.6M; $709.7M total deposits against $718.6M.
$63.0M securities against $54.4M; $39.3M cash and balances due against $44.3M.
$11.4M total interest income against $10.9M; $4.7M total interest expense against $5.3M.
$6.8M net interest income against $5.6M.
$581K total noninterest income against $560K; $6.2M total noninterest expense against $5.7M.
$10K provision for credit losses against -$19K.
$984K net income against $440K.
0.40% return on assets against 0.18%; 2.86% net interest margin against 2.41%.
12.15% tier 1 leverage ratio against 12.03%.
Inside the full Olympia Federal Savings and Loan Association terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Olympia Federal Savings and Loan Association rankings
Its closest position to the top of a national ranking is 1,022 of 4,196, for total assets; its furthest is 3,346 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.08% (Q3 2024) to 0.42% (Q1 2025) and its net interest margin ran from 1.95% (Q3 2024) to 2.86% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.15% | 0.40% | 0.26% | 1.83% | 2.86% |
| Q1 2026 | 12.03% | 0.34% | 0.37% | 2.59% | 2.72% |
| Q4 2025 | 11.97% | 0.21% | 0.31% | 2.22% | 2.58% |
| Q3 2025 | 12.03% | 0.21% | 0.26% | 1.85% | 2.52% |
| Q2 2025 | 12.03% | 0.18% | 0.32% | 2.26% | 2.41% |
| Q1 2025 | 11.98% | 0.42% | 0.31% | 2.23% | 2.36% |
| Q4 2024 | 11.92% | 0.15% | 0.30% | 2.16% | 2.19% |
| Q3 2024 | 12.10% | 0.08% | 0.30% | 2.10% | 1.95% |
Swipe the table sideways to see every column.
Branch Network
View all 9 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Olympia Federal Savings and Loan Association (main office) | Olympia , WA | 98501 | $185.9M |
| Westside Branch | Olympia , WA | 98502 | $130.1M |
| Lacey Branch | Lacey , WA | 98503 | $87.0M |
| Tumwater Branch | Tumwater , WA | 98501 | $83.0M |
| Yelm Highway Branch | Lacey , WA | 98503 | $77.3M |
| Hawks Prairie Branch | Olympia , WA | 98516 | $63.3M |
| Belfair Branch | Belfair , WA | 98528 | $51.5M |
| Yelm Branch | Yelm , WA | 98597 | $25.7M |
| Chehalis Branch | Chehalis , WA | 98532 | $5.9M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.3% of deposits in WA, rank 29 of 61 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $150K approved, $150K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
Add this badge to your website
Free to use. It shows Olympia Federal Savings and Loan Association’s latest filed figures and updates each quarter.
Similar banks
Frequently asked about Olympia Federal Savings and Loan Association
What are Olympia Federal Savings and Loan Association's total assets?
As of the Q2 2026 filing, Olympia Federal Savings and Loan Association reported total assets of $1.02 billion in its FFIEC call report.
Where is Olympia Federal Savings and Loan Association headquartered?
It is headquartered in Olympia, WA, United States.
When was Olympia Federal Savings and Loan Association founded?
It was established in 1906, per the FDIC institution directory.
Is Olympia Federal Savings and Loan Association FDIC-insured?
Yes. It is an FDIC-insured savings bank (FDIC Certificate #28599). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Olympia Federal Savings and Loan Association?
Olympia Federal Savings and Loan Association's primary federal regulator is the FDIC.
How many branches does Olympia Federal Savings and Loan Association operate?
It operates 9 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Olympia Federal Savings and Loan Association's Texas Ratio?
Its Texas Ratio is 1.83% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
Go deeper on Olympia Federal Savings and Loan Association.
Get an email when Olympia Federal Savings and Loan Association files its next call report, and benchmark it against any peer you choose.
Unlock Olympia Federal Savings and Loan Association, freeFree account