Sound financial bancorp, inc. (SFBC)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Dec'11
ASSETS
Cash and cash equivalents

61,996

55,770

58,873

80,422

72,536

61,810

62,292

59,434

64,689

60,680

60,651

59,956

52,807

54,582

55,275

45,187

49,679

48,264

36,669

34,087

35,223

29,289

22,139

28,866

14,614

15,334

13,961

11,760

8,795

12,727

15,655

17,031

Debt Securities, Available-for-sale

11,200

9,306

7,841

5,000

4,955

4,957

5,011

5,118

-

5,435

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Available-for-sale securities, at fair value

-

-

-

-

-

-

-

-

5,268

-

5,688

6,200

6,359

6,604

6,996

7,393

6,286

6,696

7,140

7,901

8,717

11,524

12,944

14,082

14,730

15,421

16,639

16,965

19,713

22,900

20,891

2,992

Loans held-for-sale

5,923

1,063

1,644

738

490

1,172

695

721

950

1,777

296

720

1,970

871

2,424

687

1,186

2,091

772

3,061

-

810

-

-

-

-

-

-

-

-

-

-

Loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,426

-

2,490

1,921

1,436

130

1,664

2,078

2,083

1,725

2,089

1,807

Loans held-for-portfolio

625,375

619,887

612,903

565,351

584,501

619,543

617,230

590,756

559,979

548,595

528,208

493,896

489,290

500,001

477,066

464,648

462,432

459,469

435,829

434,597

423,100

430,360

417,351

403,938

394,870

390,926

379,786

358,659

338,866

326,744

308,998

300,096

Loans and Leases Receivable, Allowance

5,893

5,640

5,618

5,370

5,577

5,774

5,748

5,503

5,328

5,241

4,991

4,835

4,838

4,822

4,859

4,838

4,709

4,636

4,682

4,572

4,436

4,387

4,230

4,191

4,176

4,177

4,115

4,129

4,046

4,248

4,333

4,455

Total loans held-for-portfolio, net

619,482

614,247

607,285

559,981

578,924

613,769

611,482

585,253

554,651

543,354

523,217

489,061

484,452

495,179

472,207

459,810

457,723

454,833

431,147

430,025

418,664

425,973

413,121

399,747

390,694

386,749

375,671

354,530

334,820

322,496

304,665

295,641

Accrued interest receivable

2,205

2,206

2,206

2,108

2,228

2,287

2,204

2,224

1,962

1,977

1,943

1,677

1,754

1,816

1,630

1,592

1,595

1,608

1,453

1,494

1,448

1,497

1,446

1,391

1,378

1,366

1,313

1,333

1,303

1,280

1,249

1,234

Bank-owned life insurance (“BOLI”), net

14,147

14,183

14,002

13,750

13,625

13,365

13,304

13,155

13,075

12,750

12,602

12,429

12,163

12,082

11,998

11,914

11,830

11,746

11,661

11,576

11,492

11,408

11,321

11,235

11,148

11,068

10,950

10,872

10,798

7,220

7,160

6,981

Other real estate owned (“OREO”) and repossessed assets, net

575

575

1,069

1,069

1,069

575

600

610

638

610

1,032

952

952

1,172

884

780

832

769

177

382

499

323

259

319

353

1,178

981

1,190

2,453

2,503

2,548

2,821

Servicing Asset at Fair Value, Amount

2,996

3,239

3,226

3,205

3,286

3,414

3,447

3,582

3,532

3,426

3,370

3,450

3,558

3,561

3,039

3,026

3,095

3,249

3,226

3,271

2,890

3,028

3,115

2,993

2,948

2,984

2,843

2,670

2,396

2,306

2,314

2,437

Federal Home Loan Bank (“FHLB”) stock, at cost

1,164

1,160

1,358

1,510

1,860

4,134

4,634

3,614

3,014

3,065

1,825

1,705

1,731

2,840

2,146

2,073

1,903

2,212

1,558

1,645

2,200

2,224

2,247

2,270

2,292

2,314

2,336

2,357

2,379

2,401

2,422

2,444

Premises and equipment, net

6,877

6,767

6,570

6,683

6,833

7,044

7,255

7,474

7,545

7,392

7,338

7,467

6,009

5,549

5,274

5,088

5,252

5,335

5,580

5,739

5,604

5,555

5,621

2,006

2,066

2,138

2,174

2,233

2,280

2,256

2,237

2,385

Right of use assets

7,384

7,641

7,896

7,883

8,136

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

3,651

3,696

3,349

3,643

3,687

4,208

4,399

5,038

4,207

4,778

4,574

4,634

3,621

4,127

4,333

4,209

4,157

3,957

2,638

4,266

3,545

3,556

4,002

4,110

3,926

3,929

3,196

3,577

3,636

3,230

5,268

3,967

Total assets

737,636

719,853

715,319

685,956

697,629

716,735

715,323

686,223

659,531

645,244

622,536

588,251

575,376

588,383

566,206

541,759

543,538

540,760

502,021

503,447

491,708

495,187

478,705

468,940

445,585

442,611

431,728

409,565

390,656

381,044

366,498

339,740

LIABILITIES
Deposits
Interest-bearing

524,439

519,434

506,469

483,310

485,033

457,535

439,923

454,703

444,918

442,277

448,291

418,724

409,191

403,990

395,114

384,323

393,473

389,151

369,031

367,172

368,431

363,456

358,955

328,984

325,940

313,745

306,767

285,544

281,698

276,849

279,737

269,421

Noninterest-bearing demand

110,119

97,284

103,152

96,192

98,648

96,066

99,909

84,713

84,275

72,123

76,526

75,020

71,631

63,741

68,369

59,544

54,648

50,873

50,544

51,457

47,789

44,353

44,219

44,928

37,407

34,594

34,575

33,970

35,029

35,234

33,307

30,576

Total deposits

634,558

616,718

609,621

579,502

583,681

553,601

539,832

539,416

529,193

514,400

524,817

493,744

480,822

467,731

463,483

443,867

448,121

440,024

419,575

418,629

416,220

407,809

403,174

373,912

363,347

348,339

341,342

319,514

316,727

312,083

313,044

299,997

Borrowings

7,500

7,500

12,450

16,250

25,000

84,000

96,500

71,000

56,000

59,000

28,000

25,000

25,631

54,792

37,453

35,613

31,374

40,435

24,096

26,256

-

30,578

-

-

-

-

-

-

-

-

-

-

Borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-18,417

-

-20,738

-39,899

-28,060

-43,221

-40,381

-40,542

-25,703

-21,864

-8,024

-8,506

Accrued interest payable

224

226

212

195

201

137

93

82

81

77

68

78

87

73

62

90

82

72

61

79

85

76

72

71

79

82

-

72

78

83

78

84

Operating Lease, Liability

7,766

8,010

8,252

8,226

8,408

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

7,490

8,368

7,565

6,549

6,089

6,681

7,636

6,766

6,605

5,972

5,241

6,011

6,042

4,874

5,859

4,873

7,316

5,140

4,531

6,214

4,271

5,606

4,534

6,497

6,581

4,103

-

3,663

3,223

3,226

2,514

2,149

Accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,520

-

-

-

-

-

Advance payments from borrowers for taxes and insurance

1,851

1,305

1,203

669

1,327

689

1,132

476

1,106

635

1,066

548

1,166

638

1,032

505

1,091

569

895

481

940

474

778

374

728

362

562

277

585

331

542

291

Total liabilities

659,389

642,127

639,303

611,391

624,706

645,108

645,193

617,740

592,985

580,084

559,192

525,381

513,748

528,108

507,889

484,948

487,984

486,240

449,158

451,659

439,933

444,543

429,296

420,753

398,795

396,107

385,805

364,068

346,316

337,587

324,202

311,027

COMMITMENTS AND CONTINGENCIES (NOTE 7)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

STOCKHOLDERS’ EQUITY
Preferred stock, $0.01 par value, 10,000,000 shares authorized, none issued or outstanding

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, $0.01 par value, 40,000,000 shares authorized, 2,591,494 and 2,567,389 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

25

25

25

25

25

25

25

25

25

25

25

25

25

25

25

25

25

25

25

25

25

25

25

25

25

25

26

26

26

26

26

30

Additional paid-in capital

26,776

26,343

26,162

25,926

25,802

25,663

25,523

25,371

25,104

24,986

24,297

24,300

24,134

23,979

23,520

23,247

23,110

23,002

22,643

22,515

23,618

23,552

23,218

23,169

23,123

23,829

24,370

24,873

24,832

24,789

24,722

11,939

Unearned shares - Employee Stock Ownership Plan (“ESOP”)

198

227

255

283

312

340

369

397

453

453

683

683

683

683

911

911

911

911

1,140

1,140

1,140

1,140

1,369

1,369

1,369

1,369

1,598

1,598

1,598

1,598

1,827

693

Retained earnings

51,488

51,410

49,899

48,710

47,252

46,165

44,879

43,405

41,792

40,493

39,558

39,089

38,037

36,873

35,496

34,228

33,160

32,240

31,168

30,202

29,107

28,024

27,348

26,239

25,149

24,288

23,410

22,546

21,533

20,736

19,848

18,096

Accumulated other comprehensive income, net of tax

156

175

185

187

156

114

72

79

78

109

147

139

115

81

187

222

170

164

167

186

165

183

187

123

-138

-269

-285

-350

-452

-496

-473

-659

Stockholders' Equity Attributable to Parent

78,247

77,726

76,016

74,565

72,923

71,627

70,130

68,483

66,546

65,160

63,344

62,870

61,628

60,275

58,317

56,811

55,554

54,520

52,863

51,788

51,775

50,644

49,409

48,187

46,790

46,504

45,923

45,497

44,341

43,457

42,296

28,713

Total liabilities and stockholders’ equity

737,636

719,853

715,319

685,956

697,629

716,735

715,323

686,223

659,531

645,244

622,536

588,251

575,376

588,383

566,206

541,759

543,538

540,760

502,021

503,447

491,708

495,187

478,705

468,940

445,585

442,611

431,728

409,565

390,657

381,044

366,498

339,740