Portage Bank

Chartered Bank Active FDIC Insured
Health Score
2.8 / 10

880 108th Avenue Ne, Bellevue, WA 98004

Financial Overview

Total Assets $113.8M
Total Deposits $91.6M
Profitability (ROA) -0.19%
Shareholder Return (ROE) -2.46%
Capital Cushion (Eq/Assets) 7.01%
Established 04/01/1901

Financial Health Analysis

Portage Bank is a currently active commercial lending specialization banking institution headquartered in Bellevue, Washington. Established in 04/01/1901, this institution operates under regulatory supervision and is fully insured by the FDIC.

As a financial institution, Portage Bank manages $113.8M in total assets and holds $91.6M in customer deposits. When evaluating the stability of Portage Bank, one of the most critical metrics is its Capital Cushion (Equity-to-Assets Ratio). At 7.01%, this indicates how much financial loss the bank can absorb before depositors' funds are placed at risk. A strong equity cushion is a key indicator of a bank's ability to weather economic downturns.

In terms of operational efficiency, the bank's Return on Assets (ROA) is -0.19%, while its Return on Equity (ROE) sits at -2.46%. These figures yield a lower health score of 2.8 out of 10, indicating potential areas for operational improvement and tighter capital management.

Risk & Growth Profiles

✓ Clean Regulatory Record

No recent history of FDIC conservatorship or financial failure.

Deposit Momentum

$30.5M avg deposits per branch.

Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.

Operations & Contact

Contact

Website: www.portage.bank

FDIC Certificate #: 8197

Specialization: Commercial Lending Specialization

Location

880 108th Avenue Ne

Bellevue, Washington 98004

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