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Sound Financial (SFBC)

Sound Financial (SFBC)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
Sound Financial Inc. is the holding company for Sound Community Bank, a full-service bank, providing personal and business banking services in communities across the greater Puget Sound region. The company is a mutual savings bank that provides financial services to families and individuals. Its products and services include real estate-lending, loans, checking accounts, savings and money market accounts, individual retirement accounts, certificate of deposits, online services, online loan applications, computerized lending, Internet access, and lines of credit. The company also provides money transfer services, money orders, overdraft protection, auto transfer/direct deposits, accidental death and dismemberment insurance, credit life and disability insurance, identity theft insurance, merchant services, and mortgage loans. The Seattle based company operates banking offices in King, Pierce, Snohomish and Clallam Counties.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 62,030 55,620 44,380 41,200 42,380
Sales Growth +11.52% +25.33% +7.72% -2.78% +9.76%
Net Income 4,640 7,440 8,800 9,160 8,940
Net Income Growth -37.63% -15.45% -3.93% +2.46% +33.83%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 993,630 995,220 976,350 919,690 861,400
Total Assets Growth -0.16% +1.93% +6.16% +6.77% +19.66%
Total Liabilities 889,970 894,570 878,650 826,330 775,920
Total Liabilities Growth -0.51% +1.81% +6.33% +6.50% +20.84%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 2,930 6,890 10,050 19,070 -480
Operating Cash Flow Growth -57.47% -31.44% -47.30% +4,072.92% -104.34%
Net Cash Flow -6,050 -8,150 -125,750 -10,240 138,060
Change in Net Cash Flow +25.77% +93.52% -1,128.03% -107.42% +2,385.76%
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