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 Commencement Bank
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Commencement Bank
| RSSD ID 3537897 | CERTIFICATE 58446 | ABA NUMBER 125108887 |
| 1313 Broadway, Suite 400 |
Quarter Ended : |
2026-03-31 |
| Tacoma, Washington, 98402 |
Updated : |
2026-04-29 |
| www.commencementbank.com |
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| Institution Profile |
| Year Opened : |
2006 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
6 |
Number of Employees : |
79 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 697,257 |
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Total Interest Income | 8,885 |
| Total Liabilities | 635,970 |
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Total NonInterest Income | 419 |
| Total Bank Equity Capital | 61,287 |
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Total Interest Expense | 2,089 |
| Total Deposits | 623,547 |
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Total NonInterest Expense | 5,037 |
| Net Loans & Leases | 533,415 |
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Net Income | 1,661 |
| Loan Loss Allowance | 6,343 |
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Net Charge Offs | 124 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 76,075 |
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Total loans | 525,006 |
| Total assets for the leverage ratio | 715,827 |
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Loans secured by real estate: | 374,974 |
| Tier 1 Leverage Ratio | 9.69 |
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Commercial and industrial loans | 124,090 |
| Tier 1 Capital Ratio | 12.36 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13.56 |
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Loans to individuals - Other | 4,672 |
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:· Commencement Bank
