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First Mutual Bancshares Posts Record Profits in Second Quarter and ...
BELLEVUE, Wash.--(BUSINESS WIRE)--July 19, 2006--First Mutual Bancshares, Inc., (NASDAQ:FMSB) the holding company for First Mutual Bank, today reported that the Business Banking Division has generated additional core deposits and prime-based loans, contributing to the 55th consecutive quarter of record year-over-year profits. In the quarter ended June 30, 2006, net income was $2.7 million, compared to $2.5 million in the second quarter a year ago, and earnings per diluted share grew 11% to $0.50, compared to $0.45 per share a year ago. For the first six months of 2006, net income was $5.4 million, up from $5.1 million in the first half of 2005, with diluted earnings per share growing 9% to $1.00, compared to $0.92 in the same period last year.
In the first quarter of this year, First Mutual began expensing stock options.
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Marijuana Found Growing In Downtown Sidewalk Planter
LaPORTE, Ind. -- Nobody noticed until an anonymous caller pointed it out to police -- a 3-foot-tall marijuana plant growing in a brick planter on a sidewalk in downtown LaPorte, Ind.
An officer pulled out the plant Monday night, took it to the police station and destroyed it.
The police chief suspects someone planted the marijuana on purpose, but he has no idea who might have done it. .