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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 FQ1
3/31/2019
2018 FQ1
3/31/2018
Y-Y Ch (%)
2018 FQ4
12/31/2018
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 697,629 659,531 5.78 716,735 (10.66)
Total Net Loans 579,414 555,601 4.29 614,941 (23.11)
Total Deposits 583,681 529,193 10.30 553,601 21.73
Equity Attributable to Parent Company 72,923 66,546 9.58 71,627 7.24
Total Equity 72,923 66,546 9.58 71,627 7.24
Profitability (%)
Net Income($000) 1,444 1,602 (9.86) 1,642 (48.23)
Net Income Attributable to Parent($000) 1,444 1,602 (9.86) 1,642 (48.23)
ROAA 0.81 1 (19) bp 0.91 (10) bp
Core ROAA 0.82 1.02 (20) bp 0.93 (11) bp
ROAE 7.92 9.67 (175) bp 9.21 (129) bp
ROATCE 8.19 10.03 (184) bp 9.52 (133) bp
Core ROAE 8.08 9.86 (178) bp 9.38 (130) bp
Net Interest Margin 4.13 4.29 (16) bp 4.23 (10) bp
Reported: Net Interest Margin 4.13 4.29 (16) bp 4.23 (10) bp
Efficiency Ratio 79.49 71.38 811 bp 74.95 454 bp
Noninterest Inc/ Operating Rev 12.60 14.99 (239) bp 10.61 199 bp
Balance Sheet Ratios (%)
Loans/ Deposits 100.14 105.82 (568) bp 111.91 (1,177) bp
Securities/ Assets 0.98 1.26 (28) bp 1.27 (29) bp
Total Equity/ Total Assets 10.45 10.09 36 bp 9.99 46 bp
Tangible Equity/ Tangible Assets 10.33 9.94 39 bp 9.87 46 bp
Tang Common Equity/ Tang Assets 10.33 9.94 39 bp 9.87 46 bp
Asset Quality (%)
NPAs/ Assets 0.79 0.88 (9) bp 0.73 6 bp
NPA Excl Restructured/ Assets 0.52 0.39 13 bp 0.45 7 bp
NPAs & 90+ PD/ Assets 0.79 0.88 (9) bp 0.73 6 bp
NPAs/ Loans & REO 0.94 1.03 (9) bp 0.84 10 bp
Nonaccrual & 90+ & OREO/ Assets 0.52 0.39 13 bp 0.45 7 bp
NPAs & 90+ PD/ Loans & REO 0.94 1.03 (9) bp 0.84 10 bp
NPA & Loans 90+/ Tangible Common Equity + LLR 7.11 8.21 (110) bp 6.82 29 bp
NCOs/ Avg Loans 0 0.01 (1) bp 0 0 bp
Loan Loss Reserves/ Gross Loans 0.95 0.95 0 bp 0.93 2 bp
Reserves/ NPAs 101.20 91.72 948 bp 110.72 (952) 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($000) NA NA NA NA NA
Tier 1 Common Capital (CET1) Ratio(%) 12.21 12.39 (18) bp 11.92 29 bp
Tier 1 Ratio(%) 12.21 12.39 (18) bp 11.92 29 bp
Total Capital Ratio(%) 13.24 13.44 (20) bp 12.96 28 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.03 10.23 (20) bp 9.85 18 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 2,563,828 2,524,346 1.56 2,544,059 3.11
Avg Diluted Shares(actual) 2,565,914 2,558,418 0.29 2,566,000 (0.01)
Basic Book Value per Share 28.44 26.36 7.89 28.15 4.12
Basic Tangible Book Value per Share 28.07 25.93 8.25 27.77 4.32
Common Dividends Declared per Share 0.14 0.12 16.67 0.14 0
EPS after Extra 0.56 0.63 (11.11) 0.64 (50)
EPS after Extra Growth(%) (11.10) 16.70 (2,778) bp 39.10 (5,024) bp
Core EPS 0.57 0.64 (10.94) 0.65 (49.23)
Core EPS Growth(%) (11) 17.20 (2,817) bp 10.50 (2,153) bp
Diluted EPS before Amortization 0.57 0.65 (12.31) 0.65 (49.23)
Pre-Provision Earnings per Share 0.49 0.66 (25.76) 0.61 (78.69)

   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.