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Sunday, October 12, 2008, 12:08PM ET - U.S. Markets Closed. Dow Down 1.49% Nasdaq Up 0.27%
WSB Financial Group Inc. (WSFG)On Oct 10: 0.83  Down 0.04 (4.60%)  
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WSB Financial Group Inc.
607 Pacific Avenue
Bremerton, WA 98337
United States - Map
Phone: 360-405-1200
Fax: 360-405-1206
Web Site: http://www.westsoundbank.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Pacific Banks
Full Time Employees:103

BUSINESS SUMMARY 
WSB Financial Group, Inc. operates as the holding company for Westsound Bank that provides various commercial banking services to real estate developers, contractors, and small to medium-sized businesses in Washington. The company primarily engages in generating deposits and originating loans. Its deposit products include interest bearing and noninterest bearing demand deposits, money market accounts, regular savings deposits, and certificates of deposit. The company’s lending activities comprise commercial and residential real estate loans, construction and land development loans, commercial and industrial loans, and consumer loans. It also provides courier, telephone and Internet banking, automatic teller machines, and real estate services, as well as cashier’s checks, money orders, debit/credit cards, wire transfers, travelers’ checks, and safe deposit services. As of March 31, 2008, it operated nine full service branches located primarily in the west Puget Sound area. The company was founded in 1999 and is headquartered in Bremerton, Washington.
Key Statistics

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    CORPORATE GOVERNANCE 
    WSB Financial Group Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Oct-08 is better than 93.8% of CGQ Universe companies and 82.7% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Mark D. Freeman , 55
    Chief Financial Officer, Exec. VP of Operations & Fin., Chief Financial Officer of Westsound Bank and Exec. VP of Operations & Fin. -Westsound Bank
    N/A N/A
    Ms. Robin A. Seelye , 37
    Sr. VP of Operations and Sr. VP of Operations -Westsound Bank
    $ 107.00KN/A
    Ms. Veronica R. Colburn , 45
    Chief Risk Officer, Sr. VP, Sec., Chief Risk Officer of Westsound Bank, Sr. VP of Westsound Bank and Sec. of Westsound Bank
    $ 120.00K $ 172.00K
    Mr. Charles L. Turner , 47
    Chief Lending Officer, Sr. VP, Chief Lending Officer of Westsound Bank and Sr. VP of Westsound Bank
    $ 188.00KN/A
    Mr. Brian B. McLellan , 59
    Bus. Devel. Officer and Exec. Officer of Westsound Bank
    $ 28.00KN/A
    Dollar amounts are as of 31-Dec-07 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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