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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
2020 FQ1
3/31/2020
2019 FQ1
3/31/2019
Y-Y Ch (%)
2019 FQ4
12/31/2019
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 737,636 697,629 5.73 719,853 9.88
Total Net Loans 625,405 579,414 7.94 615,310 6.56
Total Deposits 634,558 583,681 8.72 616,718 11.57
Equity Attributable to Parent Company 78,247 72,923 7.30 77,726 2.68
Total Equity 78,247 72,923 7.30 77,726 2.68
Profitability (%)
Net Income($000) 981 1,444 (32.06) 1,870 (190.16)
Net Income Attributable to Parent($000) 981 1,444 (32.06) 1,870 (190.16)
ROAA 0.54 0.81 (27) bp 1.03 (49) bp
Core ROAA 0.54 0.82 (28) bp 1.03 (49) bp
ROAE 4.99 7.92 (293) bp 9.66 (467) bp
ROATCE 5.08 8.19 (311) bp NA NA
Core ROAE 5.02 8.08 (306) bp 9.66 (464) bp
Net Interest Margin 3.96 4.19 (23) bp 4.11 (15) bp
Reported: Net Interest Margin 3.96 4.19 (23) bp 4.11 (15) bp
Efficiency Ratio 79.86 79.49 37 bp 70.81 905 bp
Noninterest Inc/ Operating Rev 9.53 12.60 (307) bp 10.79 (126) bp
Balance Sheet Ratios (%)
Loans/ Deposits 98.55 100.14 (159) bp 100.51 (196) bp
Securities/ Assets 1.68 0.98 70 bp 1.45 23 bp
Total Equity/ Total Assets 10.61 10.45 16 bp 10.80 (19) bp
Tangible Equity/ Tangible Assets 10.50 10.33 17 bp 10.68 (18) bp
Tang Common Equity/ Tang Assets 10.50 10.33 17 bp 10.68 (18) bp
Asset Quality (%)
NPAs/ Assets NA 0.79 NA 1.74 NA
NPA Excl Restructured/ Assets 0.58 0.52 6 bp 0.73 (15) bp
NPAs & 90+ PD/ Assets NA 0.79 NA 1.74 NA
NPAs/ Loans & REO NA 0.94 NA 2.02 NA
Nonaccrual & 90+ & OREO/ Assets 0.58 0.52 6 bp 0.73 (15) bp
NPAs & 90+ PD/ Loans & REO NA 0.94 NA 2.02 NA
NPA & Loans 90+/ Tangible Common Equity + LLR NA 7.11 NA 15.20 NA
NCOs/ Avg Loans 0 0 0 bp 0 0 bp
Loan Loss Reserves/ Gross Loans 0.93 0.95 (2) bp 0.91 2 bp
Reserves/ NPAs NA 101.20 NA 45.03 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($000) NA NA NA NA NA
Tier 1 Common Capital (CET1) Ratio(%) NA 12.21 NA 11.08 NA
Tier 1 Ratio(%) NA 12.21 NA 11.08 NA
Total Capital Ratio(%) NA 13.24 NA 11.94 NA
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.41 10.03 38 bp 9.55 86 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 2,591,494 2,563,828 1.08 2,567,389 3.76
Avg Diluted Shares(actual) 2,587,716 2,565,914 0.85 2,671,429 (12.53)
Basic Book Value per Share 30.19 28.44 6.15 30.27 (1.06)
Basic Tangible Book Value per Share 29.84 28.07 6.31 29.91 (0.94)
Common Dividends Declared per Share 0.35 0.14 150 0.14 600
EPS after Extra 0.38 0.56 (32.14) 0.70 (182.86)
EPS after Extra Growth(%) (32.10) (11.10) (2,103) bp 9.40 (4,151) bp
Core EPS 0.38 0.57 (33.33) 0.70 (182.86)
Core EPS Growth(%) (33.10) (11) (2,213) bp 7.40 (4,053) bp
Diluted EPS before Amortization 0.38 0.57 (33.33) NA NA
Pre-Provision Earnings per Share 0.46 0.49 (6.12) 0.69 (133.33)

   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.