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 FQ2 YTD
6/30/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Assets ($000)
Cash and Due from Banks 7,318 5,421 8,379 9,312 8,199
Fed Funds Sold 0 0 0 0 0
Deposits at Financial Institutions 123,219 50,348 53,431 51,368 46,384
Securities Purchased, to Resell 0 0 0 0 0
Other Cash & Cash Equivalents 0 0 0 0 0
Cash and Cash Equivalents 130,537 55,770 61,810 60,680 54,582
Trading Account Securities 0 0 0 0 0
Available for Sale Securities 10,198 9,306 4,957 5,435 6,604
Held to Maturity Securities 0 0 0 0 0
Other Securities 1,164 1,160 4,134 3,065 2,840
Total Cash & Securities 141,899 66,236 70,901 69,180 64,026
Gross Loans Held for Investment 690,703 619,887 619,543 548,595 500,001
Loan Loss Reserve 6,031 5,640 5,774 5,241 4,822
Loans Held for Sale, before Reserves 7,364 1,063 1,172 1,777 871
Total Net Loans 692,036 615,310 614,941 545,131 496,050
Real Estate Owned and Held for Investment 575 575 575 610 1,172
Goodwill 777 777 777 777 0
Core Deposit Intangibles 143 158 209 362 352
Other Intangibles 0 0 0 0 0
Intangible Assets other than Goodwill 143 158 209 362 352
Total Intangible Assets 920 935 986 1,139 352
Loan Servicing Rights 3,113 3,239 3,414 3,426 3,561
Credit Card Rights 0 0 0 0 0
Other Loan Servicing Rights 0 0 0 0 0
Total Servicing Rights 3,113 3,239 3,414 3,426 3,561
Fixed Assets 13,841 14,408 7,044 7,392 5,549
Interest Receivable 2,346 2,206 2,287 1,977 1,816
Prepaid Expense NA NA 641 759 665
Bank-owned Life Insurance 14,281 14,183 13,365 12,750 12,082
Other Assets 2,650 2,761 2,581 2,880 3,110
Total Other Assets 33,118 33,558 25,918 25,758 23,222
Total Assets 871,661 719,853 716,735 645,244 588,383
Memo: Consolidated VIE Assets 0 0 0 0 0
Memo: Covered Loans 0 0 0 0 0
Memo: Covered OREO 0 0 0 0 0
Memo: Covered Securities 0 0 0 0 0
Memo: Covered Assets 0 0 0 0 0
Liabilities ($000)
Total Deposits 694,322 616,718 553,601 514,400 467,731
FHLB Borrowings 7,541 7,500 84,000 59,000 54,792
Senior Debt 87,402 15,510 84,000 59,000 54,792
Trust Preferred (FAS 150) 0 0 0 0 0
Total Subordinated Debt 0 0 0 0 0
Redeemable Financial Instruments (FAS 150) 0 0 0 0 0
Total Debt 87,402 15,510 84,000 59,000 54,792
Total Other Liabilities 9,702 9,899 7,507 6,684 5,585
Total Liabilities 791,426 642,127 645,108 580,084 528,108
Memo: Consolidated VIE Liabilities 0 0 0 0 0
Mezzanine ($000)
Redeemable Preferred 0 0 0 0 0
Trust Preferred Securities 0 0 0 0 0
Total Minority Interest 0 0 0 0 0
Other Mezzanine Items 0 0 0 0 0
Total Mezzanine Level Items 0 0 0 0 0
Equity ($000)
TARP Preferred Equity 0 0 0 0 0
Other Preferred Equity 0 0 0 0 0
Total Preferred Equity 0 0 0 0 0
Common Equity 80,235 77,726 71,627 65,160 60,275
Equity Attributable to Parent Company 80,235 77,726 71,627 65,160 60,275
Noncontrolling Interests 0 0 0 0 0
Total Equity 80,235 77,726 71,627 65,160 60,275
Net Unrealized Gain 262 175 114 109 81
Tot Acc Other Comprehensive Inc 262 175 114 109 81
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 79.24 86.11 86.44 85.02 84.98
Loans/ Deposits 99.48 100.51 111.91 106.65 106.90
Loan Loss Reserves/ Gross Loans 0.86 0.91 0.93 0.95 0.96
Reserves/ Loans Held For Investment 0.87 0.91 0.93 0.96 0.96
One Year Gap/ Assets NA NA NA NA NA
1-4 Loans Serviced for Others($000) 397,200 377,300 378,700 412,500 423,900
Level 1 Assets($000) 0 0 0 0 0
Level 2 Assets($000) 10,198 9,306 4,957 5,435 6,257
Level 3 Assets($000) 12,767 16,207 9,827 14,739 13,316
Level 1 Liabilities($000) 0 0 0 0 0
Level 2 Liabilities($000) 0 0 0 0 0
Level 3 Liabilities($000) 0 0 0 0 0
FTE Employees(actual) 121 125 114 116 100
Annualized Growth Rates (%)
Asset Growth 42.18 0.44 11.08 9.66 8.81
Gross Loans HFI Growth 22.85 0.06 12.93 9.72 8.82
Deposit Growth 25.17 11.40 7.62 9.98 6.30
Average Balances ($000)
Avg Gross Loans HFI 640,335 595,618 588,009 508,923 470,970
Avg Loans HFS 5,068 997 960 1,078 1,445
Average Loans, Gross of Reserves 648,700 599,944 589,205 508,520 474,356
Avg Securities NA NA NA NA NA
Avg Other Int Earn Assets NA NA NA NA NA
Avg Secs & Other Int Earn Assets 66,471 64,386 60,628 51,747 45,613
Avg Interest Earning Assets 715,171 664,330 649,833 560,267 519,969
Avg Assets 758,073 725,693 718,227 592,090 552,432
Avg CDs NA 235,363 174,922 157,575 165,210
Avg Other Interest-bearing Deposits NA 258,220 271,157 264,726 228,206
Avg Interest-bearing Deposits NA 493,583 446,079 422,301 393,416
Avg Debt NA 24,406 69,900 29,791 36,609
Avg Interest-bearing Liabs NA 517,989 515,979 452,092 430,025
Avg Noninterest-bearing Deposits NA 232,110 NA 71,299 59,084
Avg Total Deposits 651,700 725,693 538,149 493,600 452,500
Avg Preferred Equity 0 0 0 0 0
Avg Common Equity 79,509 77,427 71,287 63,004 57,397
Avg Equity 79,509 77,427 71,287 63,004 57,397
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.
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