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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 FQ4
12/31/2019
2018 FQ3
9/30/2018
Y-Y Ch (%)
2019 FQ2
6/30/2019
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 719,853 715,323 0.63 685,956 19.77
Total Net Loans 615,310 612,177 0.51 560,719 38.94
Total Deposits 616,718 539,832 14.24 579,502 25.69
Equity Attributable to Parent Company 77,726 70,130 10.83 74,565 16.96
Total Equity 77,726 70,130 10.83 74,565 16.96
Profitability (%)
Net Income($000) 1,870 1,830 2.19 1,817 11.67
Net Income Attributable to Parent($000) 1,870 1,830 2.19 1,817 11.67
ROAA 1.04 1.04 0 bp 1.06 (2) bp
Core ROAA 1.04 0.84 20 bp 1.06 (2) bp
ROAE 9.73 10.52 (79) bp 9.82 (9) bp
ROATCE NA 10.86 NA NA NA
Core ROAE 9.73 8.47 126 bp 9.82 (9) bp
Net Interest Margin 3.82 4.07 (25) bp 3.97 (15) bp
Reported: Net Interest Margin 3.82 4.07 (25) bp 3.97 (15) bp
Efficiency Ratio 70.82 73.78 (296) bp 71.50 (68) bp
Noninterest Inc/ Operating Rev 17.14 13.21 393 bp 13.11 403 bp
Balance Sheet Ratios (%)
Loans/ Deposits 100.51 114.34 (1,383) bp 97.56 295 bp
Securities/ Assets 1.45 1.35 10 bp 0.94 51 bp
Total Equity/ Total Assets 10.80 9.80 100 bp 10.87 (7) bp
Tangible Equity/ Tangible Assets 10.68 9.67 101 bp 10.75 (7) bp
Tang Common Equity/ Tang Assets 10.68 9.67 101 bp 10.75 (7) bp
Asset Quality (%)
NPAs/ Assets NA 0.93 NA 0.87 NA
NPA Excl Restructured/ Assets 0.74 0.44 30 bp 0.60 14 bp
NPAs & 90+ PD/ Assets NA NA NA 0.87 NA
NPAs/ Loans & REO NA 1.07 NA 1.05 NA
Nonaccrual & 90+ & OREO/ Assets NA NA NA 0.60 NA
NPAs & 90+ PD/ Loans & REO NA NA NA 1.05 NA
NPA & Loans 90+/ Tangible Common Equity + LLR NA NA NA 7.51 NA
NCOs/ Avg Loans 0 0 0 bp 0 0 bp
Loan Loss Reserves/ Gross Loans 0.91 0.93 (2) bp 0.95 (4) bp
Reserves/ NPAs NA 86.61 NA 90.48 NA
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($000) NA NA NA NA NA
Tier 1 Common Capital (CET1) Ratio(%) NA 11.96 NA 12.79 NA
Tier 1 Ratio(%) NA 11.96 NA 12.79 NA
Total Capital Ratio(%) NA 13 NA 13.78 NA
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) NA 9.87 NA 10.76 NA
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 2,567,000 2,539,814 1.07 2,563,488 0.55
Avg Diluted Shares(actual) 2,590,000 2,569,535 0.80 2,572,190 2.77
Basic Book Value per Share 30.28 27.61 9.67 29.09 16.36
Basic Tangible Book Value per Share 29.91 27.21 9.92 28.72 16.57
Common Dividends Declared per Share 0.14 0.14 0 0.14 0
EPS after Extra 0.72 0.71 1.41 0.71 5.63
EPS after Extra Growth(%) 12.50 47.90 (3,542) bp (7.80) 2,029 bp
Core EPS 0.72 0.57 26.32 0.71 5.63
Core EPS Growth(%) 10.50 16.50 (601) bp (9.20) 1,966 bp
Diluted EPS before Amortization NA 0.72 NA NA NA
Pre-Provision Earnings per Share 0.71 0.62 14.52 0.64 43.75

   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.


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