Excel download Email page PDF view Print view Email Alert Social media sharing
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 FQ4
12/31/2018
Y-Y Ch (%)
2019 FQ3
9/30/2019
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 719,853 716,735 0.44 715,319 2.54
Total Net Loans 615,310 614,941 0.06 608,929 4.19
Total Deposits 616,718 553,601 11.40 609,621 4.66
Equity Attributable to Parent Company 77,726 71,627 8.51 76,016 9
Total Equity 77,726 71,627 8.51 76,016 9
Profitability (%)
Net Income($000) 1,870 1,642 13.89 1,548 83.20
Net Income Attributable to Parent($000) 1,870 1,642 13.89 1,548 83.20
ROAA 1.04 0.91 13 bp 0.89 15 bp
Core ROAA 1.04 0.93 11 bp 0.89 15 bp
ROAE 9.73 9.21 52 bp 8.17 156 bp
ROATCE NA 9.52 NA NA NA
Core ROAE 9.73 9.38 35 bp 8.17 156 bp
Net Interest Margin 4.11 4.45 (34) bp 3.95 16 bp
Reported: Net Interest Margin 3.82 4.19 (37) bp 3.95 (13) bp
Efficiency Ratio 70.81 74.95 (414) bp 71.57 (76) bp
Noninterest Inc/ Operating Rev 10.79 5.92 487 bp 15.58 (479) bp
Balance Sheet Ratios (%)
Loans/ Deposits 100.51 111.91 (1,140) bp 100.54 (3) bp
Securities/ Assets 1.45 1.27 18 bp 1.29 16 bp
Total Equity/ Total Assets 10.80 9.99 81 bp 10.63 17 bp
Tangible Equity/ Tangible Assets 10.68 9.87 81 bp 10.51 17 bp
Tang Common Equity/ Tang Assets 10.68 9.87 81 bp 10.51 17 bp
Asset Quality (%)
NPAs/ Assets 1.74 0.71 103 bp NA NA
NPA Excl Restructured/ Assets 0.73 0.43 30 bp 0.63 10 bp
NPAs & 90+ PD/ Assets 1.74 0.71 103 bp NA NA
NPAs/ Loans & REO 2.02 0.82 120 bp NA NA
Nonaccrual & 90+ & OREO/ Assets 0.73 0.43 30 bp 0.63 10 bp
NPAs & 90+ PD/ Loans & REO 2.02 0.82 120 bp NA NA
NPA & Loans 90+/ Tangible Common Equity + LLR 15.20 6.66 854 bp NA NA
NCOs/ Avg Loans 0 0 0 bp 0 0 bp
Loan Loss Reserves/ Gross Loans 0.91 0.93 (2) bp 0.91 0 bp
Reserves/ NPAs 45.03 113.46 (6,843) bp NA 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($000) NA NA NA NA NA
Tier 1 Common Capital (CET1) Ratio(%) 11.08 11.92 (84) bp 11.21 (13) bp
Tier 1 Ratio(%) 11.08 11.92 (84) bp 11.21 (13) bp
Total Capital Ratio(%) 11.94 12.96 (102) bp 12.10 (16) bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.55 9.85 (30) bp 10.80 (125) bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 2,567,389 2,544,059 0.92 2,567,946 (0.09)
Avg Diluted Shares(actual) 2,671,429 2,566,000 4.11 2,578,287 14.45
Basic Book Value per Share 30.27 28.15 7.53 29.60 9.05
Basic Tangible Book Value per Share 29.91 27.77 7.71 29.23 9.31
Common Dividends Declared per Share 0.14 0.14 0 0.14 0
EPS after Extra 0.70 0.64 9.37 0.60 66.67
EPS after Extra Growth(%) 9.40 39.10 (2,976) bp (15.50) 2,486 bp
Core EPS 0.70 0.65 7.69 0.60 66.67
Core EPS Growth(%) 7.40 10.50 (313) bp 5 242 bp
Diluted EPS before Amortization NA 0.65 NA NA NA
Pre-Provision Earnings per Share 0.69 0.61 13.11 0.67 11.94

   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.