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Data through Q3 2026 · 4,200 institutions
Regulatory profile
Bellevue, WA · FDIC certificate #8197
PORTAGE BANK is an FDIC-insured institution based in Bellevue, WA (FDIC certificate #8197). In its Q3 2026 Call Report it reported total assets of $109M, total deposits of $88M and net loans of $78M. Its primary federal regulator is FDIC.
Plain-language readout
PORTAGE BANK has 3 quarters of reported history on file, from Q1 2026 to Q3 2026.
Total assets peaked at $116M in Q2 2026 and were lowest at $109M in Q3 2026.
Total deposits were highest at $94M in Q2 2026 and lowest at $88M in Q3 2026.
Over the whole period total assets fell 4.6%.
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| Q3 2026 | $109M | $88M | $78M | 0.99% | 13.36% | 4.72% |
| Q2 2026 | $116M | $94M | $87M | 0.69% | 9.43% | 4.67% |
| Q1 2026 | $114M | $92M | $86M | -0.03% | -0.46% | 4.48% |
History
| Line | Q2 2026 | Q1 2026 | Change | Change, percent |
|---|---|---|---|---|
| Assets | ||||
| Cash and balances due from depository institutions | $11.5M | $12.2M | -$761K | -6.2% |
| Federal funds sold | $3.3M | $1.2M | +$2.1M | +181.2% |
| Securities purchased under agreements to resell | $0K | $0K | $0K | n/a |
| Securities (available for sale at fair value plus held to maturity net of allowance) | $10.1M | $10.2M | -$120K | -1.2% |
| Equity securities with readily determinable fair values, not held for trading | $0K | $0K | $0K | n/a |
| Loans and leases held for sale | $8.9M | $5.7M | +$3.2M | +56.0% |
| Net loans and leases (after allowance) | $78.0M | $79.9M | -$2.0M | -2.5% |
| Trading assets | $0K | $0K | $0K | n/a |
| Premises and fixed assets | $2.0M | $2.0M | -$11K | -0.6% |
| Other real estate owned | $0K | $0K | $0K | n/a |
| Investments in unconsolidated subsidiaries and associated companies | $0K | $0K | $0K | n/a |
| Direct and indirect investments in real estate ventures | $0K | $0K | $0K | n/a |
| Intangible assets (goodwill, servicing, other) | $0K | $0K | $0K | n/a |
| All other assets | $2.5M | $2.6M | -$34K | -1.3% |
| Total assets | $116.2M | $113.8M | +$2.4M | +2.1% |
| Liabilities | ||||
| Total deposits | $93.6M | $91.6M | +$2.0M | +2.1% |
| Federal funds purchased | $0K | $0K | $0K | n/a |
| Securities sold under agreements to repurchase | $0K | $0K | $0K | n/a |
| Trading liabilities | $0K | $0K | $0K | n/a |
| Other borrowed money | $13.3M | $13.3M | $0K | 0.0% |
| Subordinated notes and debentures | $0K | $0K | $0K | n/a |
| All other liabilities | $1.1M | $912K | +$210K | +23.0% |
| Total liabilities | $108.0M | $105.8M | +$2.2M | +2.0% |
| Equity | ||||
| Perpetual preferred stock | $0K | $0K | $0K | n/a |
| Common stock | $75K | $75K | $0K | 0.0% |
| Surplus | $7.8M | $7.8M | +$35K | +0.5% |
| Retained earnings | $606K | $429K | +$177K | +41.3% |
| Accumulated other comprehensive income | -$290K | -$338K | +$48K | +14.2% |
| Other equity components | $0K | $0K | $0K | n/a |
| Total equity capital | $8.2M | $7.9M | +$260K | +3.3% |
| Credit and capital | ||||
| Gross nonperforming assets | $994K | $1.4M | -$450K | -31.2% |
| Adjusted nonperforming assets | $994K | $1.4M | -$450K | -31.2% |
| Tangible equity plus allowance | $9.2M | $8.9M | +$298K | +3.4% |
| Texas ratio (gross) | 10.83% | 16.26% | -5.43 pts | See points |
| Texas ratio (adjusted) | 10.83% | 16.26% | -5.43 pts | See points |
| Texas ratio (adjusted, with performing restructured) | 10.83% | 16.26% | -5.43 pts | See points |
| Tier 1 capital to risk-weighted assets | 10.96% | 10.96% | -0.00 pts | See points |
| Common equity Tier 1 to risk-weighted assets | 10.96% | 10.96% | -0.00 pts | See points |
| Tier 2 capital to risk-weighted assets | 1.25% | 1.25% | -0.00 pts | See points |
| Total risk-based capital to risk-weighted assets | 12.21% | 12.21% | -0.00 pts | See points |
| Tier 1 leverage (approximate) | 7.49% | 8.03% | -0.54 pts | See points |
| Construction and land loans to total capital | 154.97% | 153.09% | +1.88 pts | See points |
| Commercial real estate to total capital | 321.23% | 323.20% | -1.97 pts | See points |
| Dividend payout, year to date | 67.11% | Not reported | Not reported | See points |
| Securities unrealized gain (loss) to Tier 1 capital | -4.80% | -5.76% | +0.96 pts | See points |
| Liquidity | ||||
| Core deposits | $89.1M | $78.1M | +$11.0M | +14.1% |
| Non-core funding | $17.8M | $26.9M | -$9.1M | -33.8% |
| Loans to core deposits | 88.60% | 103.62% | -15.02 pts | See points |
| Loans to deposits | 84.36% | 88.27% | -3.92 pts | See points |
| Brokered deposits share of deposits | 3.67% | 4.76% | -1.08 pts | See points |
| Pledged securities share of securities | 9.28% | 12.82% | -3.54 pts | See points |
| Loans pledged, share of loans | 40.83% | 27.87% | +12.96 pts | See points |
| Volatile liabilities | $18.5M | $29.1M | -$10.6M | -36.3% |
| Earnings | ||||
| Earnings before provision, year to date | $553K | $22K | +$531K | +2413.6% |
| Earnings before provision, single quarter | $531K | $22K | +$509K | +2313.6% |
| Provision for credit losses, year to date | $73K | $35K | +$38K | +108.6% |
| Yield and cost | ||||
| Yield on loans and leases | 7.26% | 7.37% | -0.11 pts | See points |
| Yield on interest-bearing balances due from banks | 3.42% | 4.17% | -0.75 pts | See points |
| Total interest income to average assets | 6.39% | 6.54% | -0.15 pts | See points |
| Cost of interest-bearing transaction accounts | 2.28% | 2.20% | +0.08 pts | See points |
| Cost of savings and money market deposits | 2.94% | 2.75% | +0.18 pts | See points |
| Cost of time deposits | 4.40% | 3.85% | +0.54 pts | See points |
| Total interest expense to average assets | 1.84% | 2.21% | -0.37 pts | See points |
Dollar lines show the change in dollars and percent. Ratio lines show the change in percentage points. Earnings lines marked year to date restart each January; the single-quarter line removes that restart.
Recent activity
No reviewed changes are available for this institution in the tracked window. This does not establish that no event occurred.
Ten-year database
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| 2026-09-30 | $109M | $88M | $78M | 0.99% | 13.36% | 4.72% |
| 2026-06-30 | $116M | $94M | $87M | 0.69% | 9.43% | 4.67% |
| 2026-03-31 | $114M | $92M | $86M | -0.03% | -0.46% | 4.48% |
Branch detail unavailable. Locations are not inferred from headquarters.
Annual FDIC Summary of Deposits, by state, as of the 2025 snapshot effective 2025-06-30. Deposits and share are as of that retained annual snapshot, not a quarterly balance — do not compare directly to Call Report deposit figures reported elsewhere on this profile.
| State | Deposits | Market share | Rank | Year over year |
|---|---|---|---|---|
| MN | $54.7M | 0.02% | 243 | Continuing · +0.02 pp |
| WA | $10.5M | 0.00% | 61 | Continuing · -0.02 pp |
Source: FDIC Summary of Deposits, annual release. Market share divides this institution's reported branch deposits by all retained deposits in the same state for the same year — not a quarterly balance, current rate, or organic-growth attribution. Inspect year-over-year market change →
Workforce history unavailable: no compatible reported FTE or office observation. Missing values are not zero.
No matched ownership, transformations, or reviewed revisions are available. Absence of a match is not proof that no change occurred.