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First Sound Bank WA (First Sound Bank WA) Interest Expense : $-1.77 Mil (TTM As of Sep. 2023)


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What is First Sound Bank WA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Sound Bank WA's interest expense for the three months ended in Sep. 2023 was $ -0.96 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.77 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. First Sound Bank WA's Operating Income for the three months ended in Sep. 2023 was $ Mil. First Sound Bank WA's Interest Expense for the three months ended in Sep. 2023 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


First Sound Bank WA Interest Expense Historical Data

The historical data trend for First Sound Bank WA's Interest Expense 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 Interest Expense Chart

First Sound Bank WA Annual Data
Trend Dec04 Dec05 Dec06
Interest Expense
-0.07 -1.24 -3.16

First Sound Bank WA Quarterly Data
Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Jun22 Sep22 Jun23 Sep23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.50 -0.16 -0.25 -0.81 -0.96

First Sound Bank WA Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.77 Mil.

* 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.


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

Traded in Other Exchanges
N/A
Address
925 Fourth Avenue, Suite 2350, Seattle, WA, USA, 98104
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.