FMSB First Mutual Bancshares (MM)

First Mutual Bancshares, Inc. (Nasdaq:FMSB) today scheduled its quarterly earnings release and conference call. The holding company for First Mutual Bank expects to report results for the third quarter of 2006 after the market closes on Tuesday, October 24, 2006. Management will host an analyst call the following morning to discuss the results. On Wednesday, October 25, at 7:00 a.m. PDT (10:00 a.m. EDT), investment professionals are invited to participate in the call by dialing (303) 262-2131. All current and prospective shareholders are welcome to listen to the live call or replay through a webcast posted on the bank�s site, www.firstmutual.com, where it will be archived for one month. A telephone replay will also be available for a month, beginning approximately two hours after the conclusion of the call, at (303) 590-3000 using 11071801# for the passcode. In July, First Mutual reported its 55th consecutive quarter of year-over-year earnings growth, with second quarter diluted earnings per share rising 11% from the same period in 2005. On October 4, the company will issue a five-for-four stock split, to shareholders of record on September 13, 2006. First Mutual�s consistent performance has garnered attention from a number of sources. Keefe, Bruyette & Woods named First Mutual to its Honor Roll in 2005 and 2004 for the company�s 10-year earnings per share growth rate. In September 2006, U.S. Banker magazine ranked First Mutual #38 in the Top 100 Publicly Traded Mid-Tier Banks, which includes those with less than $10 billion in assets, based on its three-year return on equity. 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 a sales finance office in Jacksonville, Florida. www.firstmutual.com First Mutual Bancshares, Inc. (Nasdaq:FMSB) today scheduled its quarterly earnings release and conference call. The holding company for First Mutual Bank expects to report results for the third quarter of 2006 after the market closes on Tuesday, October 24, 2006. Management will host an analyst call the following morning to discuss the results. On Wednesday, October 25, at 7:00 a.m. PDT (10:00 a.m. EDT), investment professionals are invited to participate in the call by dialing (303) 262-2131. All current and prospective shareholders are welcome to listen to the live call or replay through a webcast posted on the bank's site, www.firstmutual.com, where it will be archived for one month. A telephone replay will also be available for a month, beginning approximately two hours after the conclusion of the call, at (303) 590-3000 using 11071801# for the passcode. In July, First Mutual reported its 55th consecutive quarter of year-over-year earnings growth, with second quarter diluted earnings per share rising 11% from the same period in 2005. On October 4, the company will issue a five-for-four stock split, to shareholders of record on September 13, 2006. First Mutual's consistent performance has garnered attention from a number of sources. Keefe, Bruyette & Woods named First Mutual to its Honor Roll in 2005 and 2004 for the company's 10-year earnings per share growth rate. In September 2006, U.S. Banker magazine ranked First Mutual #38 in the Top 100 Publicly Traded Mid-Tier Banks, which includes those with less than $10 billion in assets, based on its three-year return on equity. 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 a sales finance office in Jacksonville, Florida. www.firstmutual.com