Sound Banking Company: Vital Signs
Data as of · Call Report Schedules RC, RC-N, RC-R and RI How we update
The headline measure from each supervisory category on one page: capital adequacy, asset quality, earnings and liquidity, the same four corners a CAMELS examiner works through.
Core deposits to total deposits dropped 2.33 percentage points in Q2 2026, from 69.73% to 67.40%. It was the largest change from Q1 2026 among the key lines here. Sound Banking Company has the highest return on assets of the 29 banks headquartered in Washington, 2.70% as of Q2 2026. Sound Banking Company's return on assets of 2.70% is well above the 0.98% median for banks in the < $100M asset tier, a gap of 1.71 points (Q2 2026).
Capital adequacy
| Line item | Q2 2026 |
|---|---|
| CET1 capital ratio | 15.27% |
| Tier 1 risk-based capital ratio | 15.27% |
| Total risk-based capital ratio | 16.52% |
| Tier 1 leverage ratio | 12.08% |
| Equity capital to assets | 12.02% |
| Tangible equity to tangible assets | 12.02% |
Asset quality
| Line item | Q2 2026 |
|---|---|
| Non-performing loans to loans | 0.00% |
| Non-performing assets ratio | 0.00% |
| Net charge-off ratio | 0.14% |
| Texas ratio | 0.00% |
| Allowance for credit losses to loans | 1.60% |
| Reserve coverage of non-performing loans | — |
Earnings
| Line item | Q2 2026 |
|---|---|
| Return on assets | 2.70% |
| Return on equity | 21.56% |
| Net interest margin | 6.97% |
| Efficiency ratio | 59.33% |
| Yield on earning assets | 8.29% |
| Cost of funds | 1.36% |
Liquidity and funding
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 98.14% |
| Core deposits to total deposits | 67.40% |
| Brokered deposits to total deposits | 0.00% |
| Deposits to assets | 87.61% |
| Securities to assets | — |
Vital Signs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Vital Signs by quarter
| Quarter | CET1 | Tier 1 RBC | Total RBC | Tier 1 leverage | ROA |
|---|---|---|---|---|---|
| Q3 2023 | 16.28% | 16.28% | 17.53% | 12.34% | 2.69% |
| Q4 2023 | 14.39% | 14.39% | 15.65% | 12.00% | -0.33% |
| Q1 2024 | 15.19% | 15.19% | 16.45% | 13.17% | 2.19% |
| Q2 2024 | 13.56% | 13.56% | 14.82% | 12.17% | 2.19% |
| Q3 2024 | 14.02% | 14.02% | 15.28% | 11.44% | 2.29% |
| Q4 2024 | 14.25% | 14.25% | 15.51% | 10.54% | 0.46% |
| Q1 2025 | 14.79% | 14.79% | 16.04% | 11.68% | 1.96% |
| Q2 2025 | 13.80% | 13.80% | 15.06% | 11.30% | 3.25% |
| Q3 2025 | 14.10% | 14.10% | 15.35% | 12.08% | 2.68% |
| Q4 2025 | 14.13% | 14.13% | 15.38% | 11.94% | -0.06% |
| Q1 2026 | 16.84% | 16.84% | 18.10% | 13.06% | 2.31% |
| Q2 2026 | 15.27% | 15.27% | 16.52% | 12.08% | 2.70% |
Sound Banking Company vital signs, all the way back
Vital Signs back to 2001 · peer percentiles on every line item · Excel export
Unlock Sound Banking Company, freeSource: Call Report Schedules RC, RC-N, RC-R and RI, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Sound Banking Company profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 33183) · FFIEC NIC profile (RSSD 1494482)