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Kitsap Bank, Financial Information

AboutKitsap Bank

 Address:
619 Bay Street
Port Orchard,WA
Kitsap County,Washington
 Established:
Aug 1908
 Number of domestic offices:
22
Total assets$1,500M
Net income$20M
Net income,quarterly$4M
Total deposits$1,298M
Domestic deposits$1,298M
Equity capital$173M
ROA1.46%
ROAQ,quarterly0.97%
ROA,pretax0.97%
ROAQ,quarterly,pretax1.12%
ROE12.92%
ROEQ,quarterly8.43%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Kitsap Bank was established on August 8, 1908 when four men met to organize Kitsap County Bank in the small community of Port Orchard, Washington. Fourteen years later, the fledgling bank was purchased by Frank E. Langer, Jr. Mr. Langer’s investment was a good one.

Kitsap Bank has been privately owned by the Langers for over ninety years now. Today the bank have over $900 million strong, serve five Western Washington counties in over twenty locations, and employ over 260 people.

Corporate Headquarters
619 Bay Street
Port Orchard, WA 98366
360-876-7834
800-283-5537

For assistance with Online Banking or Bill Pay services, please contact us at 360-876-3644 or 800-283-5537 (800-2TELLER), option 7. Support is available from 8 am to 5 pm Monday through Friday.

Historical Data