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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 FQ3
9/30/2018
2017 FQ3
9/30/2017
Y-Y Ch (%)
2018 FQ2
6/30/2018
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 715,323 622,536 14.90 686,223 16.96
Total Net Loans 612,177 523,513 16.94 585,974 17.89
Total Deposits 539,832 524,817 2.86 539,416 0.31
Equity Attributable to Parent Company 70,130 63,344 10.71 68,483 9.62
Total Equity 70,130 63,344 10.71 68,483 9.62
Profitability (%)
Net Income($000) 1,830 1,222 49.75 1,966 (27.67)
Net Income Attributable to Parent($000) 1,830 1,222 49.75 1,966 (27.67)
ROAA 1.04 0.81 23 bp 1.17 (13) bp
Core ROAA 0.84 0.83 1 bp 1.19 (35) bp
ROAE 10.52 7.68 284 bp 11.57 (105) bp
ROATCE 10.86 8 286 bp 11.94 (108) bp
Core ROAE 8.47 7.85 62 bp 11.75 (328) bp
Net Interest Margin 4.24 4.35 (11) bp 4.24 0 bp
Reported: Net Interest Margin 4.24 4.35 (11) bp 4.24 0 bp
Efficiency Ratio 73.78 69.81 397 bp 66.80 698 bp
Noninterest Inc/ Operating Rev 12.75 11.78 97 bp 13.57 (82) bp
Balance Sheet Ratios (%)
Loans/ Deposits 114.34 100.65 1,369 bp 109.52 482 bp
Securities/ Assets 1.35 1.21 14 bp 1.27 8 bp
Total Equity/ Total Assets 9.80 10.18 (38) bp 9.98 (18) bp
Tangible Equity/ Tangible Assets 9.67 10.01 (34) bp 9.84 (17) bp
Tang Common Equity/ Tang Assets 9.67 10.01 (34) bp 9.84 (17) bp
Asset Quality (%)
NPAs/ Assets 0.93 1.09 (16) bp 0.87 6 bp
NPA Excl Restructured/ Assets 0.44 0.73 (29) bp 0.39 5 bp
NPAs & 90+ PD/ Assets NA 1.09 NA NA NA
NPAs/ Loans & REO 1.07 1.28 (21) bp 1.01 6 bp
Nonaccrual & 90+ & OREO/ Assets NA 0.73 NA NA NA
NPAs & 90+ PD/ Loans & REO NA 1.28 NA NA NA
NPA & Loans 90+/ Tangible Common Equity + LLR NA 10.07 NA NA NA
NCOs/ Avg Loans 0 0.07 (7) bp (0.02) 2 bp
Loan Loss Reserves/ Gross Loans 0.93 0.94 (1) bp 0.93 0 bp
Reserves/ NPAs 86.61 73.82 1,279 bp 92.19 (558) bp
Loan Loss Provision/ NCO NM 265.96 NM NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 62,213 NA NA NA
Tier 1 Capital($000) NA 62,213 NA NA NA
Tier 2 Capital($000) NA NA NA NA NA
Total Capital($000) NA 67,384 NA NA NA
Total Risk-weighted Assets($000) NA 512,040 NA NA NA
Tier 1 Common Capital (CET1) Ratio(%) 11.96 12.15 (19) bp 11.48 48 bp
Tier 1 Ratio(%) 11.96 12.15 (19) bp 11.48 48 bp
Total Capital Ratio(%) 13 13.16 (16) bp 12.45 55 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.87 10.34 (47) bp 10.08 (21) bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 2,539,814 2,510,045 1.19 2,539,814 0
Avg Diluted Shares(actual) 2,569,535 2,562,373 0.28 2,561,247 1.29
Basic Book Value per Share 27.61 25.24 9.39 26.96 9.64
Basic Tangible Book Value per Share 27.21 24.77 9.85 26.55 9.94
Common Dividends Declared per Share 0.14 0.30 (53.33) 0.14 0
EPS after Extra 0.71 0.48 47.92 0.77 (31.17)
EPS after Extra Growth(%) 47.90 (15.80) 6,371 bp 54 (608) bp
Core EPS 0.57 0.49 16.33 0.78 (107.69)
Core EPS Growth(%) 16.50 (15.20) 3,164 bp 56.30 (3,986) bp
Diluted EPS before Amortization 0.72 0.50 44 0.78 (30.77)
Pre-Provision Earnings per Share 0.62 0.53 16.98 0.81 (93.83)

   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.