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Q4 2022 Financial Summary


Q4 2022 Financial Summary
Seattle Bank brought 2022 to a close on not just a high note, but on a series of high notes that reflects the tremendous year we had increasing service to our clients, community and shareholders.
Our annual results include:
• Record core earnings of $15.8 million (pre-tax, pre-loan loss provision, net of charge-offs)
• Ranking in the top 20 percent of banks nationwide for return on assets
• Ranking in the top 10 percent in assets per employee for banks nationwide
• Three new product introductions, including the nationwide CD Valet
• New embedded banking partnerships to fuel loan and deposit growth

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