First Sound Bank

Seattle, Wash. | See all recipients in Washington

This investment resulted in a loss to taxpayers. See below for details.

$7.4M Disbursed

$3.7M Returned

$331K Revenue to Gov't

$3.37M Net Outstanding

$7.4M Committed

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$3.7M Payback

Feb. 20, 2013 Partial Repayment

178/ On 2/20/2013, Treasury sold its CPP preferred stock and warrant issued by First Sound Bank (“First Sound”) back to First Sound for an aggregate purchase price of $3,700,000, pursuant to the terms of the agreement between Treasury and First Sound entered into on 11/30/2012.

Part of Capital Purchase Program

More info from www.treasury.gov
$92.5K Revenue

Nov. 16, 2009 Dividends payment

Part of Capital Purchase Program
$92.5K Revenue

Aug. 17, 2009 Dividends Paid in Aug. 2009

Part of Capital Purchase Program
$146K Revenue

May 31, 2009 Dividends Paid Through 5/31/2009

This amount reflects the sum of dividends paid up to 5/31/2009

Part of Capital Purchase Program
$7.4M Bailout

Dec. 23, 2008 Purchase - Preferred Stock w/ Warrants

Part of Capital Purchase Program

More info from www.financialstability.gov

Date	Type	Amount	Program	Description
02/20/2013	Refund	$3,700,000	CPP	Partial Repayment
11/16/2009	Dividend	$92,500	CPP	Dividends payment
08/17/2009	Dividend	$92,500	CPP	Dividends Paid in Aug. 2009
05/31/2009	Dividend	$145,944	CPP	Dividends Paid Through 5/31/2009
12/23/2008	Purchase	$7,400,000	CPP	Purchase - Preferred Stock w/ Warrants

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