A small Washington bank is apparently planning on braving the market for initial public offerings.

First Security Bancorp in Mountlake Terrace, Wash. revealed Monday plans to raise between $19 million to $30 million in an I.P.O. of shares priced at $10 each, The Seattle Times said.

The mutually owned First Security is a savings bank that focuses on lending in commercial business, commercial real estate, construction and development.

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