First Sound Bank WA (First Sound Bank WA) Credit Losses Provision : $0.00 Mil (As of Sep. 2023)

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What is First Sound Bank WA Credit Losses Provision?

First Sound Bank WA's credit losses provision for the three months ended in Sep. 2023 was $0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2023 was $0.00 Mil.

First Sound Bank WA's annual credit losses provision increased from Dec. 2004 ($0.29 Mil) to Dec. 2005 ($0.48 Mil) but then declined from Dec. 2005 ($0.48 Mil) to Dec. 2006 ($0.29 Mil).

First Sound Bank WA Credit Losses Provision Historical Data

The historical data trend for First Sound Bank WA's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Sound Bank WA Credit Losses Provision Chart

First Sound Bank WA Annual Data

Trend

Dec04

Dec05

Dec06

Credit Losses Provision

0.29

0.48

0.29

First Sound Bank WA Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Jun22	Sep22	Jun23	Sep23
Credit Losses Provision	Get a 7-Day Free Trial												0.13	-	-	-	-

First Sound Bank WA Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

First Sound Bank WA (First Sound Bank WA) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

925 Fourth Avenue, Suite 2350, Seattle, WA, USA, 98104

Website

https://www.firstsoundbank.com

First Sound Bank WA is a commercial bank. It provides loan and deposit services to customers who are predominately small and midsized businesses, not-for-profit organizations, entrepreneurs, and professional service firms. The Bank provides small commercial equipment financing agreements (EFA) to businesses that are located throughout the United States. Additionally, the group also provides business banking, equipment financing, personal banking, and online banking services.