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Sound Banking Company
Lakewood, WA · FDIC Certificate #33183 · Chartered 11/0
Total assets
$45.18M
Total deposits
$39.58M
Total equity
$5.43M
Net loans
$38.23M
Branches (offices)
1
Net income (YTD)
$560.00K
Rank: #4,067 of 4,213 U.S. banks by assets · #28 of 28 in Washington. Assets changed -12.1% and deposits -13.7% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 2.52% |
| Return on equity | 20.00% |
| Net interest margin (YTD) | 6.96% |
| Equity to assets | 12.02% |
| Tier 1 leverage ratio | 12.08% |
| Uninsured deposits (share of deposits) | 37.4% |
| Noncurrent loans (share of loans) | 0.00% |
| Net charge-offs (share of loans) | 0.07% |
| Loans to deposits | 96.6% |
| Real estate loans (share of loans) | 96.0% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $36.71M | 96.0% | |
| Commercial & industrial | $1.95M | 5.1% | |
| Consumer / individual | $26.00K | 0.1% | |
| Construction & development | $6.36M | 16.6% | |
| Agricultural | $157.00K | 0.4% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $81.95M | $76.47M | $635.00K | $5.35M |
| Jun 2023 | $48.45M | $42.55M | $799.00K | $5.72M |
| Jun 2024 | $44.51M | $38.95M | $486.00K | $5.39M |
| Jun 2025 | $51.42M | $45.88M | $626.00K | $5.40M |
| Jun 2026 | $45.18M | $39.58M | $560.00K | $5.43M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Washington | $39.58M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $39.58M.
Similar-sized banks
Its Bank ($45.19M) · Gala Bank ($44.91M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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