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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 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Interest Income 34,581 33,167 27,449 25,050 22,453
Interest Expense 7,617 5,360 3,368 2,919 2,752
Net Interest Income 26,964 27,807 24,081 22,131 19,701
FTE Net Interest Income NA NA NA NA NA
Provision for Loan Losses (125) 525 500 454 400
Trading Account Income 0 0 0 0 0
Foreign Exchange Income 0 0 0 0 0
Trust Revenue 0 0 0 0 0
Service Charges on Deposits 525 503 482 572 541
Gain on Sale of Loans (FAS 140) 1,449 1,038 1,071 1,366 1,301
Loan Fees & Charges 242 562 566 907 1,050
Bank-owned Life Insurance Revenue 381 320 327 336 338
Insurance Revenue 0 0 0 0 0
Investment Banking & Brokerage 0 0 0 0 0
Other Noninterest Income 1,429 1,373 1,413 1,936 2,064
Total Noninterest Income 4,026 3,796 3,859 5,117 5,294
Realized Gain on Securities 0 0 0 0 (31)
Nonrecurring Revenue 0 490 0 0 0
Compensation & Benefits 12,402 12,775 10,733 10,505 9,223
Occupancy & Equipment 2,060 2,139 1,889 1,526 1,493
Marketing and Promotion Expense 376 244 204 201 150
Professional Fees 1,008 654 316 NA 942
Tech & Communications Expense 2,104 1,919 1,736 1,784 1,717
Amrt of Intang & Goodwill Impair 51 153 NA 133 130
Foreclosure & Repo NA NA NA NA NA
Other Expense 4,784 4,939 4,369 4,572 3,830
Total Noninterest Expense 22,785 22,823 19,247 18,721 17,485
Nonrecurring Expense 0 0 0 0 0
Pre-Provision Net Revenue 8,205 8,780 8,693 8,527 7,510
Non-FTE Pre-Provision Net Revenue 8,205 8,780 8,693 8,527 7,510
Net Income before Taxes 8,330 8,745 8,193 8,073 7,079
Provision for Taxes 1,651 1,706 3,068 2,695 2,289
Effective Tax Rate(%) 19.82 19.51 37.45 33.38 32.34
Min Int & Oth after-tax Items 0 0 0 0 0
Extraordinary Items 0 0 0 0 0
Net Income 6,679 7,039 5,125 5,378 4,790
Net Income Attributable to Noncontrolling Int 0 0 0 0 0
Net Income Attributable to Parent 6,679 7,039 5,125 5,378 4,790
Preferred Dividends 0 0 0 0 0
Other Preferred Dividends after Net Income 0 0 0 0 0
Other Changes to Net Income 0 0 0 NA NA
Net Income Avail to Common 6,679 7,039 5,125 5,378 4,790
Net Income for Diluted EPS 6,679 7,039 5,125 NA NA
EPS after Extra($) 2.57 2.74 2 2.09 1.86
EPS after Extra Growth(%) (6.20) 37 (4.30) 12.40 14.10
Pre-Provision Earnings per Share($) 2.49 2.70 2.21 2.15 1.90
Comprehensive Income
Net Income 6,679 7,039 5,125 5,378 4,790
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0 0
Total Other Comprehensive Income 61 5 28 (83) (19)
Comprehensive Income 6,740 7,044 5,153 5,295 4,771
Interest Income Earned On:
Interest Earned on Loans 33,090 31,881 26,707 24,608 22,233
Int Inc: Securities NA NA NA NA NA
Int Inc: Other Earn Assets NA NA NA NA NA
Int Inc: Secs & Oth Earn Assets 1,491 1,286 742 442 220
Int Inc: Total Earn Assets 34,581 33,167 27,449 25,050 22,453
Interest Expense Incurred On:
Int Exp: CDs 5,555 2,765 2,113 2,032 2,018
Int Exp: Other Deposits 1,310 1,074 908 676 628
Int Exp: Total Deposits 6,865 3,839 3,021 2,708 2,646
Int Exp: Debt 752 1,521 347 211 106
Int Exp: Total Int-bearing Liab 7,617 5,360 3,368 2,919 2,752
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.