Financial strength ranking · Washington · Call Report data as of Q2 2026

Best Banks in Washington by Financial Strength

State Bank Northwest ranks first among the 25 banks headquartered in Washington we score, with a financial strength score of 72.9 out of 100 as of June 30, 2026. The score averages each bank's national percentile on four Call Report ratios: return on assets, efficiency ratio, Tier 1 leverage ratio and nonperforming assets ratio.

Ranked first: State Bank Northwest
Its score: 72.9 of 100
Banks scored in Washington: 25
Its return on assets: 2.21%

Every scored bank in Washington

Select a column heading to sort. Score is 0 to 100, where 100 would be the best US bank on all four ratios; ratios for Q2 2026.

Banks headquartered in Washington ranked by financial strength score, with total assets, return on assets, efficiency ratio, Tier 1 leverage ratio and nonperforming assets ratio.

1	State Bank Northwest Spokane Valley	72.9	2.21%	64.23%	13.93%	0.04%	$206.4M
2	Yakima Federal Savings and Loan Association Yakima	66.8	0.91%	52.66%	28.14%	0.13%	$2.00B
3	Riverbank Spokane	66.6	1.99%	54.88%	11.34%	0.24%	$310.2M
4	Timberland Bank Hoquiam	64.0	1.54%	52.78%	12.85%	0.43%	$2.06B
5	Cashmere Valley Bank Cashmere	59.1	1.18%	58.36%	12.50%	0.16%	$2.32B
6	Mountain Pacific Bank Everett	55.5	1.51%	56.66%	11.52%	0.55%	$896.4M
7	Peoples Bank Bellingham	51.8	1.08%	72.12%	13.27%	0.12%	$2.42B
8	Banner Bank Walla Walla	49.9	1.23%	60.50%	11.15%	0.37%	$16.59B
9	Commencement Bank Tacoma	45.6	1.01%	66.61%	10.30%	0.07%	$739.6M
10	1st Security Bank of Washington Mountlake Terrace	45.2	1.11%	62.78%	11.44%	0.49%	$3.18B
11	WaFd Bank Seattle	40.8	0.98%	51.77%	9.21%	0.49%	$27.58B
12	Heritage Bank Olympia	39.0	0.92%	69.52%	10.23%	0.19%	$8.42B
13	Pacific Crest Bank Lynnwood	36.4	0.64%	69.71%	11.14%	0.36%	$318.5M
14	Olympia Federal Savings and Loan Association Olympia	36.3	0.40%	83.62%	12.15%	0.22%	$1.02B
15	Sound Community Bank Seattle	35.8	1.06%	69.21%	10.93%	0.76%	$1.07B
16	Washington Trust Bank Spokane	34.9	1.16%	67.52%	9.73%	0.52%	$10.54B
17	Liberty Bank Poulsbo	27.8	0.47%	82.07%	9.35%	0.11%	$206.0M
18	Riverview Bank Vancouver	26.9	0.55%	83.10%	10.96%	0.60%	$1.47B
19	Baker Boyer National Bank Walla Walla	23.9	0.54%	87.60%	9.25%	0.24%	$692.9M
20	Portage Bank Bellevue	23.6	1.36%	80.92%	7.49%	0.86%	$116.2M
21	Increase Bank Longview	23.0	0.14%	90.75%	9.57%	0.24%	$150.7M
22	Seattle Bank Seattle	21.9	0.58%	67.73%	10.29%	3.14%	$891.4M
23	First Fed Bank Port Angeles	13.5	0.25%	93.02%	9.64%	1.06%	$2.11B
24	Unibank Lynnwood	13.3	-0.37%	149.44%	7.31%	0.37%	$393.0M
25	Coastal Community Bank Everett	9.6	-3.27%	78.86%	9.13%	1.80%	$5.45B

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How the score works

Each bank gets a percentile on each of four ratios, measured against every US bank that filed a Call Report for the quarter and turned so that higher is always better: 100 is the best bank in the country on that ratio and 0 the weakest. The score is the plain average of the four percentiles; 3,583 banks nationwide are scored.

Return on assets: higher is better.
Efficiency ratio: lower is better.
Tier 1 leverage ratio: higher is better.
Nonperforming assets ratio: lower is better.

A bank is scored when it is ranked on all four of those leaderboards: at least $100 million in total assets, open, a lending institution, and a quarter not driven by gains or losses on equity securities. Banks are listed by headquarters state.

Frequently asked questions

What is the best bank in Washington?

By our financial strength score, State Bank Northwest of Spokane Valley ranks first among the 25 scored banks headquartered in Washington, scoring 72.9 out of 100 for Q2 2026: return on assets of 2.21%, an efficiency ratio of 64.23%, a Tier 1 leverage ratio of 13.93% and nonperforming assets of 0.04% of total assets. Yakima Federal Savings and Loan Association and Riverbank rank second and third.

How are the best banks in Washington ranked?

Each bank is placed on four Call Report ratios against every US bank that filed for the quarter: return on assets and the Tier 1 leverage ratio, where higher is better, and the efficiency ratio and the nonperforming assets ratio, where lower is better. Each placement is a percentile from 0 to 100, and the score is their average. Only banks with at least $100 million in assets that are ranked on all four ratios are scored, 3,583 banks nationwide.

Does this ranking say which bank I should open an account with?

No. The score reads only what a bank files with its regulators: earnings, cost control, capital and problem assets. It does not measure deposit rates, fees, branches, apps or service, which matter most when choosing a bank for an account, and it is not a safety rating. FDIC insurance protects deposits at insured banks up to the legal limit regardless of a bank's score.

More in Washington

Largest banks in Washington Bank deposits in Washington Largest credit unions in Washington Return on assets ranking Efficiency ratio ranking Tier 1 leverage ratio ranking Nonperforming assets ratio ranking All rankings

Source: FFIEC Call Reports for Q2 2026, refreshed as each quarter's filings are processed. A ranking is not a safety rating: FDIC insurance covers deposits at insured banks up to the legal limit, whatever the score. Check your coverage with the FDIC insurance calculator.