First Sound Bank
Overview / Commentary
First Sound Bank is headquartered in Seattle and is the 37th largest bank in the state of Washington. It is also the 3,741st largest bank in the nation. It was established in 2004 and as of March of 2017, it had grown to 25 employees at 1 location. First Sound Bank has a B+ health rating.
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Health
B+
Data as of Q1 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57799 |
| Year Established | 2004 |
| Employees | 25 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.06% |
| Return on Equity - YTD | 0.64% |
| Annual Interest Income | $1.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $137.3MM$126.5MM |
| Loans | Q1 2017vs Q1 2016 | $118.6MM$106.1MM |
| Deposits | Q1 2017vs Q1 2016 | $116.4MM$114.0MM |
| Equity Capital | Q1 2017vs Q1 2016 | $11.8MM$11.7MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $1.3MM$1.1MM |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $181.00K$491.00K |
| Real Estate Owned | Q1 2017vs Q1 2016 | $2.4MM$2.7MM |
Rates
Rates for First Sound Bank are currently being reviewed.
Locations
| First Sound Bank Locations | ||
|---|---|---|
| First Sound Bank | 925 Fourth Avenue, Suite 2350 | Seattle, WA 98104 |