First Sound Bank WA (First Sound Bank WA) Allowance For Loans And Lease Losses : $-1.64 Mil (As of Sep. 2023)

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What is First Sound Bank WA Allowance For Loans And Lease Losses?

First Sound Bank WA's Allowance For Loans And Lease Losses for the quarter that ended in Sep. 2023 was $-1.64 Mil.

First Sound Bank WA's quarterly Allowance For Loans And Lease Losses declined from Sep. 2022 ($0.00 Mil) to Jun. 2023 ($-1.64 Mil) but then stayed the same from Jun. 2023 ($-1.64 Mil) to Sep. 2023 ($-1.64 Mil).

First Sound Bank WA's annual Allowance For Loans And Lease Losses declined from Dec. 2004 ($-0.29 Mil) to Dec. 2005 ($-0.77 Mil) and declined from Dec. 2005 ($-0.77 Mil) to Dec. 2006 ($-1.05 Mil).

First Sound Bank WA Allowance For Loans And Lease Losses Historical Data

The historical data trend for First Sound Bank WA's Allowance For Loans And Lease Losses 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 Allowance For Loans And Lease Losses Chart

First Sound Bank WA Annual Data

Trend

Dec04

Dec05

Dec06

Allowance For Loans And Lease Losses

-0.29

-0.77

-1.05

First Sound Bank WA Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Jun22	Sep22	Jun23	Sep23
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial												-1.46	-	-	-1.64	-1.64

First Sound Bank WA Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

First Sound Bank WA Allowance For Loans And Lease Losses Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Sound Bank WA (OTCPK:FSWA) » Definitions » Allowance For Loans And Lease Losses

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.