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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…

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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,…

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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…

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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…

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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…

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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,…

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Washington Business Bank Announces Amendment to Acquisition Agreement and Extension of Tender Offer (1/31/2023)

February 2, 2023

OLYMPIA, WASHINGTON, January 31, 2023 – Washington Business Bank (WBB or theBank) announced today the signing of the second amendment to the acquisition agreement datedMay 12, 2022, pursuant to which an investor is seeking to acquire 100% of the shares of WBBthrough a tender offer to all its shareholders. Under the terms of the amendment,…

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Washington Business Bank Announces Extension of Tender Offer (1/20/2023)

January 20, 2023

OLYMPIA, WASHINGTON, January 20, 2023 – Washington Business Bank (WBB or the Bank) (OTCPK: WBZB) announced today the extension of the expiration date of the cash tender offer by an individual investor to acquire up to 100% of the outstanding shares of common stock of WBB, at a price of $30.00 per share, in cash,…

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Washington Business Bank Announces Extension of Tender Offer (12/23/2022)

December 23, 2022

OLYMPIA, WASHINGTON, December 23, 2022 – Washington Business Bank (WBB or theBank) (OTCPK: WBZB) announced today the extension of the expiration date of the cash tenderoffer by an individual investor to acquire up to 100% of the outstanding shares of common stockof WBB, at a price of $30.00 per share, in cash, without interest and…

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Washington Business Bank Announces Extension of Tender Offer (12/9/2022)

December 12, 2022

OLYMPIA, WASHINGTON, December 9, 2022 – Washington Business Bank (WBB or the Bank) (OTCPK: WBZB) announced today the extension of the expiration date of the cash tender offer by an individual investor to acquire up to 100% of the outstanding shares of common stock of WBB, at a price of $30.00 per share, in cash,…

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