FMSB First Mutual Bancshares (MM)

First Mutual Bancshares, Inc. (Nasdaq:FMSB) has scheduled its quarterly earnings release and conference call. The holding company for First Mutual Bank expects to report earnings for the first quarter 2006 after the market closes on Tuesday, April 25, 2006. Management will host an analyst call the following morning to discuss the results. On Wednesday, April 26, investment professionals are invited to dial 303-262-2140 at 7:00 am PDT (10:00 am EDT). All current and prospective shareholders are welcome to listen to the live call or replay through a webcast posted on the bank's website, 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 11056963# for the passcode. On January 24, First Mutual reported its 53rd consecutive quarter of year-over-year earnings growth, with fourth-quarter diluted earnings per share rising 13% from the same period in 2004. For the full year, earnings per share were $1.86, up 11% from $1.68 in 2004. 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 August 2005, U.S. Banker magazine ranked First Mutual #34 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 holding company for its wholly owned subsidiary, First Mutual Bank, an independent, community-based bank that operates 12 full-service banking centers in the Puget Sound area, as well as a sales finance office in Jacksonville, Florida. www.firstmutual.com