First Sound Bank provides various banking products and services for individuals, small and medium-sized businesses, not-for-profit organizations, entrepreneurs, and professional service firms in Western Washington. The company's deposit products include checking, savings, money market, and sweep accounts. It also offers consumer loans comprising personal loans, ready cash line of credit, and home equity lines of credit; and commercial loans, such as lines of credit, commercial real estate loans, export activity and foreign receivables, investment property loans, and small business administration loans, as well as cash flow solutions. In addition, the company provides cash management services; and international services, including import and export letters of credit, standby letters of credit, documentary collections, and foreign exchange services, as well as international remittances, drafts, and wires. Further, it offers Sound eCapture services that allow its customers to scan checks, create digital deposits, and transmit for account clearing and posting. Additionally, the company provides equipment financing; and ATM card, debit card, credit card, merchant, mobile and online banking, and courier services. It operates through a branch in downtown Seattle, Washington. The company was founded in 2004 and is headquartered in Seattle, Washington.

First Sound Bank

First Sound Bank is a community bank providing commercial banking services for small to medium sized businesses, not-for-profit organizations, entrepreneurs, and professional service firms throughout the Puget Sound market.

First Sound Bank | 483 followers on LinkedIn. Experienced. Innovative. Sound. | First Sound Bank is committed to delivering personalized services, convenient access, and competitive rates to support the needs of the local business community.
  
First Sound Bank was chartered by the State of Washington in July 2004 with the largest initial capital base of any de novo in the Pacific Northwest at the time. Multiple bank mergers and the shrinking availability of local banking service centers compelled the founders to create a business bank that caters to small and medium-sized businesses, not-for-profit organizations, entrepreneurs, professionals, and service companies.

	Jun '22	Sep '22	Dec '22	Mar '23	Jun '23	Sep '23	Dec '23
account payables
accumulated other comprehensive income loss			-1.47M -
cash and cash equivalents	10.50M -	17.48M 66.48%	14.54M 16.80%	21.09M 45.04%	1.35M 93.58%	1.30M 3.77%
cash and short term investments	10.50M -	17.48M 66.48%	14.54M 16.80%	21.09M 45.04%	1.35M 93.58%	1.30M 3.77%
common stock	60.23M -	60.32M 0.16%	61.34M 1.69%	14.77M 75.92%	60.15M 307.13%	60.15M 0.00%	60.24M 0.16%
deferred revenue
deferred revenue non current
deferrred tax liabilities non current
goodwill
goodwill and intangible assets			123K -
intangible assets			123K -
inventory
long term debt	25.02M -	28.54M 14.05%	3.42M 88.03%	7.58M 121.84%
long term investments	9.04M -	16.47M 82.13%	968K 94.12%	19.41M 1,904.65%	7.65M 60.59%	7.45M 2.58%	11.57M 55.32%
net debt	-10.50M -	-17.48M 66.48%	9.64M 155.18%	-21.09M 318.67%	-1.35M 93.58%	-1.30M 3.77%
net receivables
other assets					149.90M -	152.04M 1.43%
other current assets	10.50M -	17.48M 66.48%	15.14M 13.39%	21.09M 39.32%			13.01M -
other current liabilities	41.97M -	41.46M 1.23%	56.19M 35.53%	42.53M 24.31%			53.96M -
other liabilities	1 -	1 0%	1 0%	1 0%			1 -
other non current assets	134.42M -	127.36M 5.26%	3.38M 97.34%	134.16M 3,864.48%	-7.73M 105.76%	-7.52M 2.65%	136.52M 1,914.92%
other non current liabilities	72.43M -	76.66M 5.85%	73.33M 4.35%	109.68M 49.58%			92.12M -
othertotal stockholders equity
preferred stock
property plant equipment net	92K -	89K 3.26%	93K 4.49%	87K 6.45%	80K 8.05%	72K 10%	65K 9.72%
retained earnings	-45.59M -	-45.59M 0%	-45.00M 1.31%	178K 100.40%	-45.15M 25,466.29%	-45.15M 0%	-45.15M 0%
short term debt			23.82M -
short term investments
tax assets			151.92M -
tax payables
total assets	154.06M -	161.39M 4.76%	171.63M 6.34%	174.74M 1.82%	158.98M 9.02%	160.86M 1.18%	161.17M 0.19%
total current assets	10.50M -	17.48M 66.48%	15.14M 13.39%	21.09M 39.32%	1.35M 93.58%	1.30M 3.77%	13.01M 898.70%
total current liabilities	41.97M -	41.46M 1.23%	80.01M 92.99%	42.53M 46.84%			53.96M -
total debt			24.19M -
total investments	9.04M -	16.47M 82.13%	968K 94.12%	19.41M 1,904.65%	7.65M 60.59%	7.45M 2.58%	11.57M 55.32%
total liabilities	139.43M -	146.66M 5.19%	156.75M 6.88%	159.79M 1.94%			146.08M -
total liabilities and stockholders equity	154.06M -	161.39M 4.76%	171.63M 6.34%	174.74M 1.82%	158.98M 9.02%	160.86M 1.18%	161.17M 0.19%
total non current assets	143.56M -	143.91M 0.25%	156.49M 8.74%	153.65M 1.81%	7.73M 94.97%	7.52M 2.65%	148.15M 1,869.61%
total non current liabilities	97.45M -	105.21M 7.96%	76.74M 27.05%	117.26M 52.80%			92.12M -
total stockholders equity	14.63M -	14.73M 0.66%	14.87M 0.98%	14.95M 0.53%	14.99M 0.29%	14.99M 0.01%	15.09M 0.63%

COM:FIRSTSOUNDBANK

First Sound Bank

Last Close

6.67

05/04 16:23

Market Cap

1.51M

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Volume Today

200

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