First Sound Bank is headquartered in Seattle and is the 33rd largest bank in the state of Washington. It is also the 3,521st largest bank in the nation. It was established in 2004 and as of March of 2022, it had grown to 19 employees at 1 location. First Sound Bank's money market rates are 48% higher than the national average, and it has a B+ health rating.
Overall | |
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FDIC Certificate # | 57799 |
Year Established | 2004 |
Employees | 19 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.03% |
Return on Equity - YTD | 0.32% |
Annual Interest Income | $1.2MM |
Assets and Liabilities | ||
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Assets | Q1 2022vs Q1 2021 | $149.6MM$174.6MM |
Loans | Q1 2022vs Q1 2021 | $121.8MM$142.5MM |
Deposits | Q1 2022vs Q1 2021 | $112.5MM$115.3MM |
Equity Capital | Q1 2022vs Q1 2021 | $15.0MM$13.5MM |
Loan Loss Allowance | Q1 2022vs Q1 2021 | $1.5MM$1.4MM |
Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $1.5MM$2.6MM |
Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.20% | - | - | Sound Premier Checking | |
0.15% | - | - | Sound Business Interest Checking | |
0.10% | - | - | IOLTA / RETA Interest Checking | |
0.05% | $100 | - | Sound Preferred Checking |
First Sound Bank Locations | ||
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First Sound Bank | 925 Fourth Avenue, Suite 2350 | Seattle, WA 98104 |