Commencement Bank is an FDIC insured institution headquartered at
1313 Broadway, Suite 400, Tacoma, WA 98402.
It was founded in
2006 and has approximately $1 billion in assets. Customers can open an account at one of its 3 branches.
Transform Your Home Equity Into Cash: Explore our Tech-Powered Solutions!
Unlock Your Home's Value: Discover the Power of our Online HELOC!
Maximize Your Equity: Get Cash-Out Using Our HELOC for Your Next Big Step
Secure Your Future: Experience the Ease of our Fixed Home Equity Loans
Rate data provided by RateUpdate.com. Displayed by Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details .
Rate data provided by RateUpdate.com. Displayed by Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details .
Overview 2026
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 58446
Date Established
2006
Assets
$ 683.06 million
Loans
$ 518.06 million
Deposits
$ 610.36 million
Capital
$ 59.97 million
Summary Balance Sheet as of December 31, 2025
ASSETS
Cash & Balances due from depository institutions
$ 20.31 million
Interest-bearing balances
$ 11.73 million
Total securities
$ 82.85 million
Federal funds sold and reverse repurchase
$ 13.07 million
Net loans and leases
$ 518.06 million
Loan loss allowance
$ 6.29 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
N.A.
Goodwill and other intangibles
$ 1.21 million
All other assets
$ 21.60 million
Total Assets
$ 623.09 million
LIABILITIES
Total deposits
$ 610.36 million
Interest-bearing deposits
$ 431.27 million
Deposits held in domestic offices
$ 610.36 million
% insured (estimated)"
58.31%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
N.A.
Subordinated debt
N.A.
All other liabilities
$ 4.68 millionn
Total Liabilities
$ 623.09 million
Shareholders’ Equity
$ 59.97 million
Summary Income Statement as of December 31, 2025
INCOME AND EXPENSES
Total Interest Income
$ 34.72 million
Total Interest Expense
$ 9.19 million
Net interest income
$ 25.53 million
Provision for loan and lease losses
$ 0.94 million
Total non interest income
$ 1.94 million
Total non interest expense
$ 18.18 million
Pre-tax Net Operating Income
$ 2.59 million
Customer Reviews for Commencement Bank
There are currently no comments for Commencement Bank. Be the first to share your experience. Please provide comments that will help others.
Branches
Click on location and enter new zip number to change."
Your current location is: Phoenix, AZ
There are currently no comments for Commencement Bank. Be the first to share your experience. Please provide comments that will help others.