Sound Financial Bancorp, Inc. (SFBC)

Sound Financial Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	51.13	50.5	46.47	38.18	33.39	34.44
Interest Income on Investments	6.88	6.88	4.14	1.62	0.49	0.5
Total Interest Income	58.01	57.37	50.61	39.8	33.87	34.94
Interest Paid on Deposits	21.23	24.08	14.14	2.95	3.28	7
Interest Paid on Borrowings	2.3	2.3	2.62	1.55	0.67	0.45
Total Interest Expense	23.52	26.37	16.76	4.5	3.95	7.45
Net Interest Income	34.49	31	33.85	35.3	29.92	27.49
Net Interest Income Growth (YoY)	13.63%	-8.41%	-4.09%	17.96%	8.86%	1.94%
Mortgage Banking Activities	1.07	1.12	1.18	1.24	1.28	1.03
Other Non-Interest Income	2.95	3.28	3.49	2.79	1.86	0.4
Total Non-Interest Income	4.26	4.66	5.01	4.58	7.33	7.45
Non-Interest Income Growth (YoY)	-6.60%	-7.01%	9.25%	-37.48%	-1.56%	84.92%
Revenues Before Loan Losses	38.75	35.66	38.86	39.88	37.25	34.93
Provision for Loan Losses	0.04	-0.12	-0.27	1.16	0.43	0.93
Revenue	38.71	35.78	39.13	38.72	36.82	34.01
Revenue Growth (YoY)	10.38%	-8.57%	1.05%	5.15%	8.29%	9.29%
Salaries and Employee Benefits	15.96	16.45	15.99	15.12	13.12	11.14
Occupancy Expenses	0.58	0.58	0.73	0.62	0.61	0.72
Federal Deposit Insurance	0.85	0.79	0.69	0.45	0.38	0.59
Selling, General & Administrative	7.67	6.81	6.98	6.16	5.95	5.01
Other Non-Interest Expense	5.26	5.53	5.72	5.49	5.35	5.21
Total Non-Interest Expense	30.31	30.13	30.13	27.85	25.4	22.68
EBT Excluding Unusual Items	8.4	5.65	9	10.88	11.43	11.33
Pretax Income	8.4	5.65	9	10.88	11.43	11.33
Income Tax Expense	1.56	1.01	1.56	2.07	2.27	2.39
Net Income	6.84	4.64	7.44	8.8	9.16	8.94
Preferred Dividends & Other Adjustments	0.03	0.03	0.05	0.06	0.06	-
Net Income to Common	6.8	4.61	7.39	8.74	9.09	8.94
Net Income Growth	73.92%	-37.63%	-15.50%	-3.84%	2.45%	33.81%
Basic Shares Outstanding	3	3	3	3	3	3
Diluted Shares Outstanding	3	3	3	3	3	3
Shares Change (YoY)	0.35%	-0.61%	-1.21%	-0.50%	1.31%	0.36%
EPS (Basic)	2.67	1.81	2.89	3.39	3.52	3.49
EPS (Diluted)	2.65	1.80	2.86	3.35	3.46	3.42
EPS Growth	74.78%	-37.06%	-14.63%	-3.25%	1.24%	32.28%
Dividend Per Share	0.760	0.760	0.740	0.680	0.680	0.800
Dividend Growth	-	2.70%	8.82%	-	-15.00%	42.86%
Effective Tax Rate	18.62%	17.82%	17.34%	19.05%	19.88%	21.11%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q