Sound Banking Company
Lakewood, WA · Cert 33183 · Peer group: banks under $1B in assets (n=581-629)
State charter, non-member · FDIC · 1 branch
Q2 2026
$45.2MAssets
$38.8MLoans
$39.6MDeposits
$5.4MEquity
Executive Summary
- Strongest standing: nonperforming loans / loans outperforms 100% of banks under $1B in assets (rank 81 of 581).
- Widest gap: net charge-offs / loans trails 66% of banks under $1B in assets (rank 385 of 581).
- Overall: at or above the peer median on 8 of 9 directional measures.
Return on Assets
1.95%
Rank 80 of 629
Net Interest Margin
5.97%
Rank 6 of 629
Efficiency Ratio
61.35%
Rank 196 of 629
Equity / Assets
12.02%
Rank 226 of 629
Non-interest income vs. expense
Unfavorable gap of $1.6M · efficiency ratio beats 69% of banks under $1B in assets | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.95% | 0.60% | 1.01% | 1.45% | Beats 87% | 80 / 629 | |
| Return on Equity | 16.19% | 5.38% | 9.30% | 13.28% | Beats 87% | 80 / 629 | |
| Net Interest Margin | 5.97% | 3.03% | 3.54% | 4.05% | Beats 99% | 6 / 629 | |
| Efficiency Ratio | 61.35% | 58.35% | 67.79% | 79.08% | Beats 69% | 196 / 629 | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.00% | 0.09% | 0.46% | 1.20% | Beats 100% | 81 / 581 | |
| Net Charge-Offs / Loans | 0.03% | n/a | 0.01% | 0.06% | Beats 34% | 385 / 581 | |
| Capital |
| Tier 1 Capital Ratio | 15.27% | 11.24% | 13.84% | 18.77% | Beats 62% | 240 / 629 | |
| Total Risk-Based Capital Ratio | 16.52% | 11.58% | 14.43% | 19.66% | Beats 64% | 225 / 629 | |
| Equity / Assets | 12.02% | 9.09% | 10.65% | 13.80% | Beats 64% | 226 / 629 | |
| Liquidity & Funding |
| Loans / Deposits | 98.14% | 67.24% | 80.90% | 93.48% | 83rd pctl | 103 / 594 | |
| Loans / Assets | 85.98% | 53.31% | 67.71% | 78.15% | 95th pctl | 34 / 629 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |