SOUND BANKING COMPANY

LAKEWOOD, WA | Micro | Est. Nov. 1, 1990, midnight | FDIC #33183 | RSSD #1494482 | FDIC
Latest Report: 2025-12-31

SOUND BANKING COMPANY is amn micro FDIC-insured commercial bank headquartered in LAKEWOOD, WA, established in Nov. 1, 1990, midnight. As of 2025-12-31, the bank reported total assets of $46M and total deposits of $40M. Profitability stands at -0.06% ROA and -0.50% ROE, with a net interest margin of 6.21%. The bank's CET1 capital ratio is 14.13%, well above the regulatory minimum. Asset quality metrics show a non-performing loan ratio of 0.00% and a Texas Ratio of 0.00%. FDIC Certificate #33183.

Assets

$46M

Deposits

$40M

Loans

$40M

Equity

$6M

Profitability

Return on Assets (ROA) -0.06%
Return on Equity (ROE) -0.50%
Net Interest Margin (NIM) 6.21%
Yield on Assets 7.59%
Cost of Funds 2.39%

Asset Quality

NPL Ratio 0.00%
Net Charge-Off Ratio --
Texas Ratio 0.00%
NPA Ratio 0.00%
ACL / Loans 1.60%

Capital & Liquidity

CET1 Ratio 14.13%
Tier 1 Capital 14.13%
Total Capital Ratio 15.38%
Leverage Ratio 11.94%
Loan-to-Deposit 99.36%

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