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Contact Information
Sound Financial Bancorp, Inc.
2400 3rd Avenue
Suite 150
Seattle, WA 98121
(206) 448-0884

Transfer Agent
Broadridge Corporate Issuer Solutions, Inc.
1717 Arch Street, Suite 1300
Philadelphia, PA 19103

Shareholder Inquiries:
1-877-830-4936
Fax: (215) 553-5402
E-mail: shareholder@broadridge.com
Financial Highlights
2018 FQ4
12/31/2018
2017 FQ4
12/31/2017
Y-Y Ch (%)
2018 FQ3
9/30/2018
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 716,735 645,244 11.08 715,323 0.79
Total Net Loans 614,941 545,131 12.81 612,177 1.81
Total Deposits 553,601 514,400 7.62 539,832 10.20
Equity Attributable to Parent Company 71,627 65,160 9.92 70,130 8.54
Total Equity 71,627 65,160 9.92 70,130 8.54
Profitability (%)
Net Income($000) 1,642 1,186 38.45 1,830 (41.09)
Net Income Attributable to Parent($000) 1,642 1,186 38.45 1,830 (41.09)
ROAA 0.92 0.77 15 bp 1.04 (12) bp
Core ROAA 0.93 0.98 (5) bp 0.84 9 bp
ROAE 9.27 7.36 191 bp 10.52 (125) bp
ROATCE 9.57 7.65 192 bp 10.86 (129) bp
Core ROAE 9.44 9.43 1 bp 8.47 97 bp
Net Interest Margin 4.25 4.37 (12) bp 4.24 1 bp
Reported: Net Interest Margin 4.25 4.37 (12) bp 4.24 1 bp
Efficiency Ratio 74.95 65.65 930 bp 73.78 117 bp
Noninterest Inc/ Operating Rev 10.20 14.24 (404) bp 12.75 (255) bp
Balance Sheet Ratios (%)
Loans/ Deposits 111.91 106.65 526 bp 114.34 (243) bp
Securities/ Assets 1.27 1.32 (5) bp 1.35 (8) bp
Total Equity/ Total Assets 9.99 10.10 (11) bp 9.80 19 bp
Tangible Equity/ Tangible Assets 9.87 9.94 (7) bp 9.67 20 bp
Tang Common Equity/ Tang Assets 9.87 9.94 (7) bp 9.67 20 bp
Asset Quality (%)
NPAs/ Assets 0.73 0.95 (22) bp 0.93 (20) bp
NPA Excl Restructured/ Assets 0.45 0.45 0 bp 0.44 1 bp
NPAs & 90+ PD/ Assets 0.73 0.95 (22) bp NA NA
NPAs/ Loans & REO 0.84 1.12 (28) bp 1.07 (23) bp
Nonaccrual & 90+ & OREO/ Assets 0.45 0.45 0 bp NA NA
NPAs & 90+ PD/ Loans & REO 0.84 1.12 (28) bp NA NA
NPA & Loans 90+/ Tangible Common Equity + LLR 6.82 8.90 (208) bp NA NA
NCOs/ Avg Loans 0 0 0 bp 0 0 bp
Loan Loss Reserves/ Gross Loans 0.93 0.95 (2) bp 0.93 0 bp
Reserves/ NPAs 110.72 85.05 2,567 bp 86.61 2,411 bp
Loan Loss Provision/ NCO NM NM NM NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA NA NA NA NA
Tier 1 Capital($000) NA NA NA NA NA
Tier 2 Capital($000) NA NA NA NA NA
Total Capital($000) NA NA NA NA NA
Total Risk-weighted Assets($000) NA NA NA NA NA
Tier 1 Common Capital (CET1) Ratio(%) 11.92 12.33 (41) bp 11.96 (4) bp
Tier 1 Ratio(%) 11.92 12.33 (41) bp 11.96 (4) bp
Total Capital Ratio(%) 12.96 13.37 (41) bp 13 (4) bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.85 10.35 (50) bp 9.87 (2) bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 2,544,059 2,511,127 1.31 2,539,814 0.67
Avg Diluted Shares(actual) 2,566,000 2,572,000 (0.23) 2,569,535 (0.55)
Basic Book Value per Share 28.15 25.95 8.48 27.61 7.82
Basic Tangible Book Value per Share 27.77 25.49 8.94 27.21 8.23
Common Dividends Declared per Share 0.14 0.10 40 0.14 0
EPS after Extra 0.64 0.46 39.13 0.71 (39.44)
EPS after Extra Growth(%) 39.10 (23.30) 6,246 bp 47.90 (879) bp
Core EPS 0.65 0.59 10.17 0.57 56.14
Core EPS Growth(%) 10.50 (3.30) 1,383 bp 16.50 (595) bp
Diluted EPS before Amortization 0.65 0.47 38.30 0.72 (38.89)
Pre-Provision Earnings per Share 0.61 0.63 (3.17) 0.62 (6.45)

   Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

  * Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.


Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.