Sound Community Bank
Seattle, WA — Non-member Bank
Active
Vitals
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Total Assets587.7M 8.8 %
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Total Deposits471.3M 6.6 %
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Total Net Loans496.0M 8.6 %
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Net Income5.5M 12.6 %
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Book Value57.7M 7.9 %
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Book Value x2115.4M 7.9 %
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Book Value x3173.1M 7.9 %
Balance Sheet Highlights
Financial Highlights | Sound Community Bank | All Insured Commercial Banks in Washington |
Balance Sheet $(000) | ||
Total Assets | 587,723 | 1,309,331 |
Total Net Loans | 496,050 | 914,924 |
Total Deposits | 471,346 | 1,092,792 |
Total Equity | 57,698 | 152,127 |
Profitability | ||
Net Income | 5,523 | 12,922 |
Return on Average Assets | 1.001 | .911 |
Return on Average Equity | 9.945 | 8.319 |
Net Interest Margin | 4.399 | 3.836 |
Efficiency Ratio | 66.938 | 71.805 |
Noninterest Income/Revenue | 14.294 | 18.251 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 105.241 | 80.687 |
Securities/Assets | .011 | .16 |
Total Equity/Total Assets | .098 | .116 |
Tangible Equity/Tangible Assets | .092 | .099 |
Capital Adequacy | ||
Tier 1 Common Capital | 57,406 | 127,821 |
Tier 1 Capital | 57,406 | 127,821 |
Tier 2 Capital | 5,017 | 10,823 |
Total Capital | 62,423 | 138,644 |
Total Risk Weighted Assets | 477,548 | 1,050,147 |
Leverage Ratio | 9.99 | 10.428 |
Common Equity Tier 1 Capital Ratio | 12.02 | 14.247 |
Tier 1 Capital Ratio | 12.02 | 14.247 |
Total Capital Ratio | 13.07 | 15.385 |
Timeline for Sound Community Bank
Sound Financial Bancorp, Inc.
Sound Financial Bancorp, Inc. became a new parent organization for Sound Community Bank.
View Profile Aug 23 2012Sound Financial, Inc.
Sound Financial, Inc. became a new parent organization for Sound Community Bank.
View Profile Jan 08 2008Frederick & Nelson Employees Federal Credit Union
Acquisition: Sound Community Bank acquired a new subsidiary, Frederick & Nelson Employees Federal Credit Union , 31 years
View Profile Jun 30 1992Sound Community Bank
Sound Community Bank was established 71 years ago and is currently headquartered in Seattle, WA.
Jan 01 1953Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Frederick & Nelson Employees Federal Credit Union | Seller | Discontinued | 6/30/1992 |
Relationships | Role | Relationship Start | Relationship End |
Sound Financial Bancorp, Inc. | Parent | 8/23/2012 | |
Sound Financial, Inc. | Parent | 7/21/2011 | 8/22/2012 |
Sound Financial, Inc. | Parent | 1/8/2008 | 7/20/2011 |
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