Banks | Timberland Bank

Timberland Bank

Timberland Bank is an FDIC insured institution headquartered at 624 Simpson Ave, Hoquiam, WA 98550.
It was founded in 1915 and has approximately $2 billion in assets. Customers can open an account at one of its 22 branches.

Deposit Rates - January 24, 2025

SAVINGS RATES	APY	MIN
Savings	0.01%	$2,500	Compare

CD RATES	APY	MIN
6 Mo CD	0.15%	$10,000	Compare
6 Mo CD	0.15%	$100,000	Compare
Special: 11 Mo CD	0.50%	$5,000	Compare
12 Mo CD	0.35%	$10,000	Compare
12 Mo CD	0.35%	$100,000	Compare
18 Mo CD	0.45%	$10,000	Compare
18 Mo CD	0.45%	$100,000	Compare
Special: 23 Mo CD	0.55%	$5,000	Compare
24 Mo CD	0.50%	$10,000	Compare
24 Mo CD	0.50%	$100,000	Compare
30 Mo CD	0.55%	$10,000	Compare
30 Mo CD	0.55%	$100,000	Compare
36 Mo CD	0.65%	$10,000	Compare
36 Mo CD	0.65%	$100,000	Compare
48 Mo CD	0.70%	$10,000	Compare
48 Mo CD	0.70%	$100,000	Compare
60 Mo CD	1.01%	$10,000	Compare
60 Mo CD	1.01%	$100,000	Compare

MM RATES	APY	MIN
Money Market	0.10%	$2,500	Compare
Money Market	0.10%	$10,000	Compare
Money Market	0.10%	$25,000	Compare

PREMM RATES	APY	MIN
Premium Money Market	0.15%	$25,000	Compare

INT CHECKING RATES	APY	MIN
Int Ckg	0.20%	$2,500

Loan Rates - January 24, 2025

MORTGAGE PURCHASE	APR(%)	MONTHLY PAYMENT
15 Year Fixed Conforming	6.47%	$2,848.77
20 Year Fixed Conforming	6.86%	$2,430.12
30 Year Fixed Conforming	7.09%	$2,174.51

MORTGAGE REFINANCE	APR(%)	MONTHLY PAYMENT
15 Year Fixed Conforming	6.47%	$2,848.77
20 Year Fixed Conforming	6.73%	$2,430.12
30 Year Fixed Conforming	7.09%	$2,174.51

See Other Mortgage Rates →

Overview 2025

General Bank Information

FDIC Insured	Yes
FDIC Certificate	# 28453
Date Established	1915
Assets	$ 1,922.94 million
Loans	$ 1,421.52 million
Deposits	$ 1,649.10 million
Capital	$ 243.53 million

Summary Balance Sheet as of September 30, 2024

ASSETS
Cash & Balances due from depository institutions	$ 174.78 million
Interest-bearing balances	$ 145.71 million
Total securities	$ 244.73 million
Federal funds sold and reverse repurchase	$ 0.15 million
Net loans and leases	$ 1,421.52 million
Loan loss allowance	$ 17.48 million
Trading account assets	N.A.
Bank premises and fixed assets	N.A.
Other real estate owned	N.A.
Goodwill and other intangibles	$ 16.95 million
All other assets	$ 37.33 million
Total Assets	$ 1,679.41 million

LIABILITIES
Total deposits	$ 1,649.10 million
Interest-bearing deposits	$ 1,234.55 million
Deposits held in domestic offices	$ 1,649.10 million
% insured (estimated)	65.82%
Federal funds purchased and repurchase agreements	N.A.
Trading liabilities	N.A.
Other borrowed funds	N.A.
Subordinated debt	N.A.
All other liabilities	$ 9.41 millionn
Total Liabilities	$ 1,679.41 million
Shareholders’ Equity	$ 243.53 million

Summary Income Statement as of September 30, 2024

INCOME AND EXPENSES
Total Interest Income	$ 72.31 million
Total Interest Expense	$ 24.17 million
Net interest income	$ 48.15 million
Provision for loan and lease losses	$ 0.82 million
Total non interest income	$ 8.44 million
Total non interest expense	$ 33.00 million
Pre-tax Net Operating Income	$ 14.06 million

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Branches

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