First Mutual Bancshares Declares Quarterly Cash Dividend

  
    
  
  
    
      First Mutual Bancshares, Inc. (NASDAQ:FMSB) announced today its Board of 
      Directors has declared a quarterly cash dividend of $0.09 per share. The 
      dividend is payable on April 6, 2007, to shareholders of record March 
      23, 2007.
    
    
      Last month, First Mutual reported record profits for 2006, with diluted 
      earnings per share of $1.60, up 7% from $1.49 in the previous year.
    
    
      First Mutual Bancshares, Inc. is the parent company of First Mutual 
      Bank, an independent, community-based bank that operates 12 full-service 
      banking centers in the Puget Sound area and sales finance offices in 
      Orange Park, Florida and Mt. Clemens, Michigan.
    
    
      www.firstmutual.com