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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 FQ2
6/30/2018
2017 FQ2
6/30/2017
Y-Y Ch (%)
2018 FQ1
3/31/2018
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 686,223 588,251 16.65 659,531 16.19
Total Net Loans 585,974 489,781 19.64 555,601 21.87
Total Deposits 539,416 493,744 9.25 529,193 7.73
Equity Attributable to Parent Company 68,483 62,870 8.93 66,546 11.64
Total Equity 68,483 62,870 8.93 66,546 11.64
Profitability (%)
Net Income($000) 1,966 1,303 50.88 1,602 90.89
Net Income Attributable to Parent($000) 1,966 1,303 50.88 1,602 90.89
ROAA 1.16 0.92 24 bp 1 16 bp
Core ROAA 1.18 0.92 26 bp 1.02 16 bp
ROAE 11.57 8.24 333 bp 9.67 190 bp
ROATCE 11.94 NA NA 10.03 191 bp
Core ROAE 11.75 8.24 351 bp 9.86 189 bp
Net Interest Margin 4.36 4.27 9 bp 4.26 10 bp
Reported: Net Interest Margin 4.36 4.27 9 bp 4.26 10 bp
Efficiency Ratio 66.80 71.22 (442) bp 71.38 (458) bp
Noninterest Inc/ Operating Rev 13.57 14.59 (102) bp 14.43 (86) bp
Balance Sheet Ratios (%)
Loans/ Deposits 109.52 100.03 949 bp 105.82 370 bp
Securities/ Assets 1.27 1.34 (7) bp 1.26 1 bp
Total Equity/ Total Assets 9.98 10.69 (71) bp 10.09 (11) bp
Tangible Equity/ Tangible Assets 9.84 10.50 (66) bp 9.94 (10) bp
Tang Common Equity/ Tang Assets 9.84 10.50 (66) bp 9.94 (10) bp
Asset Quality (%)
NPAs/ Assets 0.87 1.10 (23) bp 0.88 (1) bp
NPA Excl Restructured/ Assets 0.39 0.72 (33) bp 0.39 0 bp
NPAs & 90+ PD/ Assets NA 1.10 NA 0.88 NA
NPAs/ Loans & REO 1.01 1.31 (30) bp 1.03 (2) bp
Nonaccrual & 90+ & OREO/ Assets NA 0.72 NA 0.39 NA
NPAs & 90+ PD/ Loans & REO NA 1.31 NA 1.03 NA
NPA & Loans 90+/ Tangible Common Equity + LLR NA 9.74 NA 8.21 NA
NCOs/ Avg Loans (0.02) 0 (2) bp 0.01 (3) bp
Loan Loss Reserves/ Gross Loans 0.93 0.98 (5) bp 0.95 (2) bp
Reserves/ NPAs 92.19 74.68 1,751 bp 91.72 47 bp
Loan Loss Provision/ NCO NM 0 NM NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 61,256 NA NA NA
Tier 1 Capital($000) NA 61,256 NA NA NA
Tier 2 Capital($000) NA NA NA NA NA
Total Capital($000) NA 66,262 NA NA NA
Total Risk-weighted Assets($000) NA 472,290 NA NA NA
Tier 1 Common Capital (CET1) Ratio(%) 11.48 12.97 (149) bp 12.39 (91) bp
Tier 1 Ratio(%) 11.48 12.97 (149) bp 12.39 (91) bp
Total Capital Ratio(%) 12.45 14.03 (158) bp 13.44 (99) bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.08 10.86 (78) bp 10.23 (15) bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 2,539,814 2,501,515 1.53 2,524,346 2.45
Avg Diluted Shares(actual) 2,561,247 2,596,791 (1.37) 2,558,418 0.44
Basic Book Value per Share 26.96 25.13 7.28 26.36 9.10
Basic Tangible Book Value per Share 26.55 24.65 7.71 25.93 9.56
Common Dividends Declared per Share 0.14 0.10 40 0.12 66.67
EPS after Extra 0.77 0.50 54 0.63 88.89
EPS after Extra Growth(%) 54 2 5,196 bp 16.70 3,733 bp
Core EPS 0.78 0.50 56 0.64 87.50
Core EPS Growth(%) 56.30 0.50 5,589 bp 17.20 3,917 bp
Diluted EPS before Amortization 0.78 NA NA 0.65 80
Pre-Provision Earnings per Share 0.81 0.48 68.75 0.66 90.91

   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.