Financially Speaking

2017 was a strong year for Olympic Bancorp and its wholly-owned subsidiary, Kitsap Bank.

The independent, family-owned bank experienced solid loan growth, record profits, and continued strength in its core deposit base.

Capitalizing on the opportunity to expand the Bank’s presence in a growing market, in the third quarter Kitsap Bank welcomed a commercial lending team of seven people to serve the needs of businesses in South King County.

Steve Politakis - Olympic Bancorp President & Chief Executive Officer

Steve Politakis

Olympic Bancorp President & Chief Executive Officer

Financial Performance

Total Assets

  • 2013
  • 2014
  • 2015
  • 2016
  • 2017
  • $1,200,000
  • $1,000,000
  • $800,000
  • $600,000
  • $400,000
  • $200,000
  • $0

Total Loans

  • 2013
  • 2014
  • 2015
  • 2016
  • 2017
  • $700,000
  • $600,000
  • $500,000
  • $400,000
  • $300,000
  • $200,000
  • $100,000
  • $0

Total Deposits

Time
MM & Savings
Transaction Accounts
  • 2013
  • 2014
  • 2015
  • 2016
  • 2017
  • $1,200,000
  • $1,000,000
  • $800,000
  • $600,000
  • $400,000
  • $200,000
  • $0

Taxable Equivalent Income

Net Income
Taxable Equivalent
  • 2013
  • 2014
  • 2015
  • 2016
  • 2017
  • $16,000
  • $14,000
  • $12,000
  • $10,000
  • $8,000
  • $6,000
  • $4,000
  • $2,000
  • $0