First Sound Bank is headquartered in Seattle and is the 34th largest bank in the state of Washington. It is also the 3,504th largest bank in the nation. It was established in 2004 and as of December of 2020, it had grown to 16 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 | 16 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | -0.16% |
Return on Equity - YTD | -1.53% |
Annual Interest Income | $5.0MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $149.6MM$106.9MM |
Loans | Q4 2020vs Q4 2019 | $124.0MM$87.2MM |
Deposits | Q4 2020vs Q4 2019 | $106.1MM$92.9MM |
Equity Capital | Q4 2020vs Q4 2019 | $13.4MM$13.6MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $1.4MM$1.5MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $3.0MM$1.9MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $0$1.8MM |
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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 |