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Press Releases
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WSB Financial Continues to Build Reserves in First Quarter 2008
Apr 30, 2008
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BREMERTON, Wash., Apr 30, 2008 (PrimeNewswire via COMTEX News Network) -- WSB Financial Group (Nasdaq:WSFG), the parent company of Westsound Bank, today reported a loss in the first quarter of 2008 after significant additions to loan reserves. Based on the maturing of its construction loans and continued uncertainty in the local housing market, the...
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Donald Cox to Succeed Louis Weir as Chairman of WSB Financial
Apr 28, 2008
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BREMERTON, Wash., Apr 28, 2008 (PrimeNewswire via COMTEX News Network) -- WSB Financial Group (Nasdaq:WSFG), the parent company of Westsound Bank, today announced that its Board of Directors has named Donald F. Cox, Jr. to succeed Louis J. Weir as Chairman. Weir decided not to stand for reelection and will retire from the board following the annual...
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WSB Financial's New CEO to Invest in Company Stock
Apr 18, 2008
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BREMERTON, Wash., Apr 18, 2008 (PrimeNewswire via COMTEX News Network) -- WSB Financial Group (Nasdaq:WSFG), the parent company of Westsound Bank, today disclosed that Terry A. Peterson, who was named President and CEO effective April 15, 2008, as part of the terms of his employment agreed to invest between $250,000 and $1,000,000 in company stock,...
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Photo Release -- WSB Financial Names Terry A. Peterson President and CEO
Apr 15, 2008
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BREMERTON, Wash., Apr 15, 2008 (PrimeNewswire via COMTEX News Network) -- WSB Financial Group (Nasdaq:WSFG), the parent company of Westsound Bank, today announced that Terry A. Peterson has been named President and CEO effective April 15, 2008. In addition, Mr. Peterson also has been named President and CEO of Westsound Bank and will join the board...
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WSB Financial Agrees to Regulatory Order Implementing Comprehensive Corrective Plan
Mar 12, 2008
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BREMERTON, Wash., Mar 12, 2008 (PrimeNewswire via COMTEX News Network) -- WSB Financial Group (Nasdaq:WSFG) today reported that Westsound Bank, its sole operating subsidiary, has signed an agreement with the Federal Deposit Insurance Corporation (FDIC) and the Washington Department of Finance (DFI) to enter into a cease and desist order, which prim...
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WSB Financial Remains Well-Capitalized After Reporting Preliminary 4Q07 Profit of $1.1 Million and 3Q07 Loss of $7.8 Million After Adding $13.9 Million to Loan Reserves
Feb 1, 2008
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BREMERTON, Wash., Feb 1, 2008 (PrimeNewswire via COMTEX News Network) -- WSB Financial Group (Nasdaq:WSFG), the parent company of Westsound Bank, today reported a loss in the third quarter of 2007, after significant additions to loan reserves, and preliminary fourth quarter 2007 profits. Based on the findings of an independent assessment of the loa...
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WSB Financial Receives NASDAQ Notice Due to Delay in Filing Form 10-Q
Nov 21, 2007
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BREMERTON, Wash., Nov 21, 2007 (PrimeNewswire via COMTEX News Network) -- WSB Financial Group (Nasdaq:WSFG), the parent company of Westsound Bank, today announced that, as expected, it has been contacted by NASDAQ regarding its listing status due to the delay in filing its quarterly report. The Company will request a hearing before a NASDAQ Listing...
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WSB Financial Remains Well-Capitalized After Adding $7 to $9 Million to Reserves
Nov 20, 2007
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BREMERTON, Wash., Nov 20, 2007 (PrimeNewswire via COMTEX News Network) -- WSB Financial Group (Nasdaq:WSFG), the parent company of Westsound Bank, today reported it expects to add between $7 million and $9 million pretax to its reserve for loan losses. The company has engaged an independent third party review of its loan portfolio, which is expecte...
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WSB Financial Group Announces Freeman Returns to Duties as CFO
Nov 12, 2007
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BREMERTON, Wash., Nov 12, 2007 (PrimeNewswire via COMTEX News Network) -- WSB Financial Group (Nasdaq:WSFG), the parent company of Westsound Bank, today announced that Mark Freeman has returned to his duties as Chief Financial Officer, following a brief leave of absence.
"We are delighted that Mark is able to return to his duties and will be ab...
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WSB Financial Schedules Third Quarter 2007 Conference Call
Oct 26, 2007
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BREMERTON, Wash., Oct 26, 2007 (PrimeNewswire via COMTEX News Network) -- WSB Financial Group (Nasdaq:WSFG), the parent company of Westsound Bank, today announced that it plans to host a conference call to discuss its preliminary 3Q07 results at 2:00 p.m. local time (5:00 pm EDT) on Monday, October 29, 2007. The live call can be accessed at 719-457...
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WSB Financial Posts Preliminary Third Quarter 2007 Earnings
Oct 23, 2007
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BREMERTON, Wash., Oct 23, 2007 (PrimeNewswire via COMTEX News Network) -- WSB Financial Group (Nasdaq:WSFG), the parent company of Westsound Bank, today reported preliminary third quarter 2007 earnings of $1.3 million, compared to $1.1 million in the third quarter a year ago, and year-to-date net income grew to $3.8 million, compared to $3.1 millio...
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WSB Financial Updates Investors On 3Q07 Outlook
Oct 1, 2007
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BREMERTON, Wash., Oct 1, 2007 (PrimeNewswire via COMTEX News Network) -- WSB Financial Group (Nasdaq:WSFG), the parent company of Westsound Bank, today reported that the previously announced decision to downsize its mortgage division and eliminate 33 positions in this division will generate a pre-tax charge of approximately $200,000 in the third an...
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WSB Financial Group, Inc. Announces Transition
Sep 21, 2007
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BREMERTON, Wash., Sep 21, 2007 (PrimeNewswire via COMTEX News Network) -- WSB Financial Group, Inc. (Nasdaq:WSFG), the parent company for Westsound Bank and Mortgage announced today that due to a reduction in mortgage demand, and the uncertainty and elimination of various secondary marketing conduits, it is eliminating 33 jobs in its mortgage divis...
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WSB Financial Group, Inc. Announces 37 Percent Increase in Second Quarter 2007 Earnings
Jul 24, 2007
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BREMERTON, Wash., Jul 24, 2007 (PrimeNewswire via COMTEX News Network) -- WSB Financial Group, Inc. (the "Company) (Nasdaq:WSFG), the parent company for Westsound Bank, today reported earnings for the quarter ended June 30, 2007 of $1.4 million, an increase of 36.6% over the $1.0 million net income produced in the second quarter of 2006. Earnings p...
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WSB Financial Group, Inc. Announces Its Inclusion to the Class 2007 Sandler O'Neill Sm-All Stars
Jul 17, 2007
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BREMERTON, Wash., Jul 17, 2007 (PrimeNewswire via COMTEX News Network) -- David K. Johnson, President and CEO of WSB Financial Group, Inc. (Nasdaq:WSFG), the parent company of Westsound Bank and Mortgage, announced today that it has been included as 1 of 24 banks and thrifts added to the list to comprise the 2007 Sandler O'Neill Sm-All Stars.
T...
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WSB Financial Group, Inc. Schedules Second Quarter 2007 Conference Call
Jul 12, 2007
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BREMERTON, Wash., Jul 12, 2007 (PrimeNewswire via COMTEX News Network) -- WSB Financial Group, Inc. (Nasdaq:WSFG), the holding company for Westsound Bank, today announced it will release its second quarter 2007 earnings and host a quarterly conference call on July 24, 2007. WSB Financial Group plans to report results before the market opens on Tues...
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WSB Financial Group, Inc. Announces New Chief Lending Officer
Jun 21, 2007
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BREMERTON, Wash., Jun 21, 2007 (PrimeNewswire via COMTEX News Network) -- WSB Financial Group, Inc. (Nasdaq:WSFG), the parent company for Westsound Bank, announced today that Charles Turner has been named as the Senior Vice President/Chief Lending Officer of Westsound Bank. Mr. Turner served as Chief Lending Officer at Mariner Bank from October 200...
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WSB Financial Group, Inc. Listed As One Of The Fastest-Growing Public Companies Headquartered In Washington State
Jun 15, 2007
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BREMERTON, WA - May 30, 2007 – WSB Financial Group, Inc. (the "Company)(Nasdaq: WSFG), the parent company for Westsound Bank and Mortgage, today reported placement on the Puget Sound Business Journal's Fastest-Growing Public Companies list. WSFG ranked 10th of all public companies headquartered in Washington State ranked by the three-year c...
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WSB FINANCIAL GROUP, INC. Announces Ranking of Top 200 Banks Nationally
Jun 5, 2007
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WSB Financial Group, Inc., the parent company for Westsound Bank announced today that it has been ranked 38th on the top 200 Community Banks list. The list, published by U.S. Banker Magazine, uses data collected by SNL Financial, which includes banks with less than $1 billion dollars in assets and ranks banks based on a 3-year average return ...
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June 1, 2007 WSB Financial Group to be added to America's Community Bankers Index
Jun 1, 2007
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Bremerton, WA
WSB Financial Group, Inc., the parent company for Westsound Bank announced today that it has been chosen to be included in the America's Community Bankers NASDAQ Index. This is a broadly representative stock index for community banks that track the performance of community banks and currently includes 517 community banks w...
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