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Home > Company Index > Banking > Banking - West > First Mutual Bancshares, Inc.

First Mutual Bancshares, Inc.
Nasdaq: FMSB
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 PROFILE
If MegaConglomerateMergerBank isn't your preferred choice for Seattle-area banking, First Mutual Bancshares might be. It's the holding company for First Mutual Bank, which operates almost a dozen full-service branches in the Puget Sound area and has loan production offices in Salem, Oregon, and Tacoma, Washington. The community-oriented bank attracts customers by offering deposit options such as savings, checking, NOW, and money market accounts; CDs; and IRAs. Most of its lending consists of commercial mortgages and multifamily real estate loans (each represent about a third of its loan portfolio), followed by one- to four family residential mortgages, construction loans, and consumer loans.

 COMPETITION
Columbia Banking System, Inc. (COLB)
Sterling Financial Corporation (STSA)
Washington Mutual, Inc. (WM)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 53.50
1-Yr. Sales Growth: 18.4%
Employees: 135
Revenue per employee: $396,296.30

 KEY PEOPLE
• John R. Valaas
    CEO
• Roger A. Mandery
    CFO

 CONTACT INFO
400 108th Ave. NE
Bellevue, WA 98004
US
Phone: 425-455-7300
Fax: 425-455-7330
Online: Web Site

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