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  September 5, 2001
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Home > Company Index > Banking > Banking - West > Washington Banking Company

Washington Banking Company
Nasdaq: WBCO
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 PROFILE
Washington Banking is the holding company for Whidbey Island Bank, which serves individuals and small and midsized businesses through more than a dozen banking offices in northwest Washington's Island, Skagit, and Whatcom counties. The bank offers customers checking, savings, and money market accounts, CDs, and credit cards. Whidbey Island Bank uses funds from deposits to originate business and consumer loans (which each account for more than 30% of its loan portfolio), one- to four-family residential mortgage loans, and multifamily and commercial real estate loans.

 COMPETITION
Horizon Financial Corp. (HRZB)
Pacific Northwest Bancorp (PNWB)
Washington Federal, Inc. (WFSL)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 30.00
1-Yr. Sales Growth: 38.9%
Employees: 203
Revenue per employee: $147,783.25

 KEY PEOPLE
• Michal D. Cann
    CEO
• Phyllis A. Hawkins
    CFO

 CONTACT INFO
450 SW Bayshore Dr.
Oak Harbor, WA 98277
US
Phone: 360-679-3121
Fax: 360-675-7282
Online: Web Site

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