First Sound Bank
FSWA
Other OTC6.70
USD
+0.03
- -
ISIN
US33647C2026
Return %
Stock
S&P500
1Y
67.50
26.53
3Y
37.01
76.60
5Y
-4.29
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Martin A. Steele
- Full Time Employees
- 27
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 925 Fourth Avenue Seattle WA United States of America 98104
- IPO Date
- Jul 26, 2004
- Website
- firstsoundbank.com
- Similar Companies
- Business
- First Sound Bank (OTCPK:FSWA), headquartered in Seattle, Washington and founded in 2004, operates as an independent community bank offering a full suite of commercial and private banking services; these include customized deposit accounts such as checking, savings and certificates of deposit; commercial loans including lines of credit, term loans and real estate financing; cash management services; online banking platforms; treasury management solutions; and merchant processing for small- to medium-sized businesses, not-for-profit organizations, entrepreneurs and professional service firms primarily in the Puget Sound market through its single downtown Seattle branch. The bank maintains FDIC insurance and focuses on the Seattle-Bellevue-Everett metropolitan statistical area with approximately $160-175 million in assets and 17 employees. In a major strategic development, shareholders approved the acquisition by Harborstone Credit Union in November 2023, under which Harborstone agreed to purchase substantially all assets and assume substantially all liabilities for approximately $6.90-$7.10 per share in cash, subject to adjustments; the transaction, initially expected to close in early 2024 pending regulatory approvals, represents a shift from a previously terminated 2022 merger attempt with BM Technologies.