Escobar

Washington Business Bank Reports Q2 & Ytd Results

July 16, 2024

2024 Second Quarter Financial Highlights OLYMPIA, WA July 16, 2024 – Jon M. Jones, President and CEO, of Washington Business Bank today announced the results for the second quarter of 2024.  The bank posted net income of $348,019 for the quarter ended June 30, 2024 vs. net income of $377,423 in the second quarter of…

Read More

Washington Business Bank Shareholders Approve Acquisition by Sound Credit Union

May 30, 2024

OLYMPIA, WA, May 30, 2024 – Washington Business Bank (OTCPK: WBZB) today announced that at the annual meeting of shareholders held last night, its shareholders approved the previously announced purchase and assumption agreement with Sound Credit Union whereby Sound Credit Union will purchase substantially all assets and assume substantially all liabilities of Washington Business Bank.…

Read More

Washington Business Bank Reports Q1 Income

April 23, 2024

2024 First Quarter Financial Highlights OLYMPIA, WA April 23, 2024 – Jon M. Jones, President and CEO, of Washington Business Bank today announced the results for the first quarter of 2024. The bank posted net income of $312,191 for the quarter ended March 31, 2024 vs. net income of $388,182 in the first quarter of…

Read More

Sound Credit Union and Washington Business Bank Announce Acquisition Agreement

March 11, 2024

TACOMA, Wash. and OLYMPIA, Wash. – March 11, 2024 – Sound Credit Union, a leading not-for-profit financial institution serving Washington State, and Washington Business Bank (OTCPK: WBZB), a premier commercial bank headquartered in Olympia, Washington, announced today they have entered into a definitive agreement in which Sound Credit Union will acquire Washington Business Bank. The…

Read More

Washington Business Bank Reports Record Quarterly & Year-End Results (2023)

January 16, 2024

Q4 2023 Highlights OLYMPIA, WA, January 16, 2024 – Jon M. Jones, President and CEO, of Washington Business Bank today announced the results for the 4th quarter and year-end 2023.  The bank posted record net income of $437,723 for the quarter ended December 31, 2023.  Fourth quarter 2023 income was 6.19% higher than the 4th…

Read More

Washington Business Bank Reports Q3 & Record Ytd Results

October 10, 2023

Q3 2023 Financial Highlights OLYMPIA, WA October 10, 2023 – Jon M. Jones, President and CEO, of Washington Business Bank today announced the results for the third quarter of 2023.  The bank posted net income of $367,383 for the quarter ended September 30, 2023 vs. net income of $286,636 in the third quarter of 2022,…

Read More

Washington Business Bank Reports Q2 & Ytd Results (2023)

July 12, 2023

2023 Second Quarter Financial Highlights OLYMPIA, WA July 12, 2023 – Jon M. Jones, President and CEO, of Washington Business Bank today announced the results for the second quarter of 2023.  The bank posted net income of $377,423 for the quarter ended June 30, 2023 vs. net income of $217,872 in the second quarter of…

Read More

Washington Business Bank Announces New Board Members

May 26, 2023

OLYMPIA, WA May 26, 2023 – The board of directors of Washington Business Bank (WBZB) is pleased to announce the addition of two new board members, Gwen Gill and Darragh Buckley. Gwen Gill is a founder of Trouvés Health Care Corporation in Pierce County.  Under her vision, Trouvés Health Care Corporation has partnered with the…

Read More

Washington Business Bank Reports Q1 Income (2023)

April 11, 2023

2023 First Quarter Financial Highlights OLYMPIA, WA April 11, 2023 – Jon M. Jones, President and CEO, of Washington Business Bank today announced the results for the first quarter of 2023.  The bank posted net income of $388,183 for the quarter ended March 31, 2023 vs. net income of $254,551 in the first quarter of…

Read More

Washington Business Bank Announces Termination of Acquisition Agreement

February 17, 2023

OLYMPIA, WASHINGTON, February 16, 2023 – Washington Business Bank (WBB or the Bank) (OTCPK: WBZB) announced today that it has reached a mutual agreement with an individual investor to terminate the previously-announced acquisition agreement. The Bank will remain a locally owned, independent community bank, providing custom commercial banking services to clients in Western Washington.Jon Jones,…

Read More