| David K. Johnson, President and CEO of Westsound Bank, Bremerton, Washington recently announced record growth for the 6-month period ending June 30, 2006.
As of June 30, 2006, assets totaled $300,842,000, an increase of 62.9 percent over the same 6-month period ending June 30, 2005. Loans totaled $274,749,000, an increase of 75.5 percent; and deposits totaled $274,107,000, an increase of 61.6 percent.
In addition, net Income for the 6-month period ending, June 30, 2006 totaled $2,123,000, an increase of 84.1 percent over the same period ending June 30, 2005.
Westsound Bank, a wholly owned subsidiary of WSB Financial Group Inc., is a full service financial institution offering a wide range of bank and mortgage products. Headquartered in Bremerton Washington, the company also has branches in Gig Harbor, Port Angeles, Port Orchard, Poulsbo, Sequim and Silverdale, all within the State of Washington. Westsound Mortgage, a division of Westsound Bank, operates a loan production offices in Federal Way and Belfair. |
