| WSB Financial Group, Inc., the holding company that owns Bremerton-based Westsound Bank, recently announced that it filed a registration statement with the United States Securities and Exchange Commission (SEC) for a proposed initial public offering of its common stock. All shares of the common stock to be sold in the offering will be offered by WSB. D.A. Davidson & Co. is the sole manager for the offering.
In the offering, which is anticipated to take place later this year, WSB will seek to raise up to $35 million, inclusive of amounts which the underwriter has an option to purchase to cover over-allotments, if any.
The offering will be made only by means of a prospectus. When available, a copy of the prospectus may be obtained from D.A. Davidson & Co. Prospectus Department, 8 Third Street North, Great Falls, MT 59401.
A registration statement has been filed with the SEC but has not yet become effective. The securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
WSB Financial Group, Inc. and Westsound Bank, were established in 1999. Westsound Bank has seven branches and three loan production offices in six counties in Western Washington. |