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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
2019 FQ2
6/30/2019
2018 FQ2
6/30/2018
Y-Y Ch (%)
2019 FQ1
3/31/2019
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 685,956 686,223 (0.04) 697,629 (6.69)
Total Net Loans 560,719 585,974 (4.31) 579,414 (12.91)
Total Deposits 579,502 539,416 7.43 583,681 (2.86)
Equity Attributable to Parent Company 74,565 68,483 8.88 72,923 9.01
Total Equity 74,565 68,483 8.88 72,923 9.01
Profitability (%)
Net Income($000) 1,817 1,966 (7.58) 1,444 103.32
Net Income Attributable to Parent($000) 1,817 1,966 (7.58) 1,444 103.32
ROAA 1.06 1.17 (11) bp 0.81 25 bp
Core ROAA 1.06 1.19 (13) bp 0.82 24 bp
ROAE 9.82 11.57 (175) bp 7.92 190 bp
ROATCE NA 11.94 NA 8.19 NA
Core ROAE 9.82 11.75 (193) bp 8.08 174 bp
Net Interest Margin 3.97 4.34 (37) bp 4.13 (16) bp
Reported: Net Interest Margin 3.97 4.34 (37) bp 4.19 (22) bp
Efficiency Ratio 71.50 66.80 470 bp 79.49 (799) bp
Noninterest Inc/ Operating Rev 13.11 14.18 (107) bp 12.60 51 bp
Balance Sheet Ratios (%)
Loans/ Deposits 97.56 109.52 (1,196) bp 100.14 (258) bp
Securities/ Assets 0.94 1.27 (33) bp 0.98 (4) bp
Total Equity/ Total Assets 10.87 9.98 89 bp 10.45 42 bp
Tangible Equity/ Tangible Assets 10.75 9.84 91 bp 10.33 42 bp
Tang Common Equity/ Tang Assets 10.75 9.84 91 bp 10.33 42 bp
Asset Quality (%)
NPAs/ Assets 0.87 0.87 0 bp 0.79 8 bp
NPA Excl Restructured/ Assets 0.60 0.39 21 bp 0.52 8 bp
NPAs & 90+ PD/ Assets 0.87 NA NA 0.79 8 bp
NPAs/ Loans & REO 1.05 1.01 4 bp 0.94 11 bp
Nonaccrual & 90+ & OREO/ Assets 0.60 NA NA 0.52 8 bp
NPAs & 90+ PD/ Loans & REO 1.05 NA NA 0.94 11 bp
NPA & Loans 90+/ Tangible Common Equity + LLR 7.51 NA NA 7.11 40 bp
NCOs/ Avg Loans 0 (0.02) 2 bp 0 0 bp
Loan Loss Reserves/ Gross Loans 0.95 0.93 2 bp 0.95 0 bp
Reserves/ NPAs 90.48 92.19 (171) bp 101.20 (1,072) 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($000) NA NA NA NA NA
Tier 1 Common Capital (CET1) Ratio(%) 12.79 11.48 131 bp 12.21 58 bp
Tier 1 Ratio(%) 12.79 11.48 131 bp 12.21 58 bp
Total Capital Ratio(%) 13.78 12.45 133 bp 13.24 54 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.76 10.08 68 bp 10.03 73 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 2,563,488 2,539,814 0.93 2,563,828 (0.05)
Avg Diluted Shares(actual) 2,572,190 2,561,247 0.43 2,565,914 0.98
Basic Book Value per Share 29.09 26.96 7.90 28.44 9.14
Basic Tangible Book Value per Share 28.72 26.55 8.17 28.07 9.26
Common Dividends Declared per Share 0.14 0.14 0 0.14 0
EPS after Extra 0.71 0.77 (7.79) 0.56 107.14
EPS after Extra Growth(%) (7.80) 54 (6,179) bp (11.10) 332 bp
Core EPS 0.71 0.78 (8.97) 0.57 98.25
Core EPS Growth(%) (9.20) 56.30 (6,553) bp (11) 181 bp
Diluted EPS before Amortization NA 0.78 NA 0.57 NA
Pre-Provision Earnings per Share 0.64 0.81 (20.99) 0.49 122.45

   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.