RANKING ·
Lowest efficiency ratio in Washington
25 of 29 banks in Washington that filed for the quarter ended June 30, 2026 are ranked. At least $100 million in total assets and positive revenue. Institutions with equal values share a rank. Source: FDIC quarterly financial data.
| Rank | Institution | Headquarters | Efficiency ratio (noninterest expense / revenue) | Total assets |
|---|---|---|---|---|
| 1 | Yakima Federal Savings and Loan Association | Yakima, WA | 52.7% | $2.0 billion |
| 2 | Wafd Bank | Seattle, WA | 52.7% | $27.6 billion |
| 3 | Timberland Bank | Hoquiam, WA | 53.0% | $2.1 billion |
| 4 | Riverbank | Spokane, WA | 54.9% | $310 million |
| 5 | Mountain Pacific Bank | Everett, WA | 56.7% | $896 million |
| 6 | Cashmere Valley Bank | Cashmere, WA | 60.0% | $2.3 billion |
| 7 | Banner Bank | Walla Walla, WA | 61.4% | $16.6 billion |
| 8 | 1st Security Bank of Washington | Mountlake Terrac, WA | 64.8% | $3.2 billion |
| 9 | Commencement Bank | Tacoma, WA | 67.2% | $740 million |
| 10 | Washington Trust Bank | Spokane, WA | 67.6% | $10.5 billion |
| 11 | Seattle Bank | Seattle, WA | 67.7% | $891 million |
| 12 | Bank of the Pacific | Aberdeen, WA | 68.1% | $1.3 billion |
| 13 | Sound Community Bank | Seattle, WA | 69.3% | $1.1 billion |
| 14 | Pacific Crest Bank | Lynnwood, WA | 72.1% | $318 million |
| 15 | Peoples Bank | Bellingham, WA | 72.2% | $2.4 billion |
| 16 | Heritage Bank | Olympia, WA | 73.5% | $8.4 billion |
| 17 | Coastal Community Bank | Everett, WA | 78.9% | $5.5 billion |
| 18 | Portage Bank | Bellevue, WA | 80.9% | $116 million |
| 19 | Liberty Bank | Poulsbo, WA | 82.1% | $206 million |
| 20 | Riverview Bank | Vancouver, WA | 83.3% | $1.5 billion |
| 21 | Olympia Federal Savings and Loan Association | Olympia, WA | 83.7% | $1.0 billion |
| 22 | Baker Boyer National Bank | Walla Walla, WA | 88.1% | $693 million |
| 23 | Twin City Bank | Longview, WA | 90.7% | $151 million |
| 24 | First Fed Bank | Port Angeles, WA | 93.9% | $2.1 billion |
| 25 | Unibank | Lynnwood, WA | 153.7% | $393 million |
Rankings sort one published measure; they are not an overall judgment of any institution. Methodology · All rankings