Portage Bank
880 108th Avenue Ne, Bellevue, WA 98004
Financial Overview
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