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Sound Community Bank

Seattle, WA · Cert 57451 · Sound Financial Bcorp Inc.

State charter, non-member · FDIC · 9 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks $1B-$10B in assets (n=322 to 328). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

27

Q2 2024Q2 2026peer median (50)

Asset Quality

53

Q2 2024Q2 2026peer median (50)

Profitability

34

Q2 2024Q2 2026peer median (50)

Liquidity

45

Q2 2024Q2 2026peer median

Efficiency

16

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Sound Community Bank

Seattle, WA · Cert 57451 · Sound Financial Bcorp Inc.

State charter, non-member · FDIC · 9 branches

Q2 2026

$1.1BAssets
$893.6MLoans
$937.1MDeposits
$117.1MEquity
Loan mix
83%RE $764.4M2%C&I $14.0M16%Consumer $143.4MQ2 2025Q2 2026
Deposit mix
86%Interest-bearing $801.5M14%Noninterest $135.5MQ2 2025Q2 2026

NIM

5.21%Q2 ’245.43%Q2 ’255.49%Q2 ’26+17%+6%

Non-interest income vs. expense

2.76%Q2 ’242.83%Q2 ’252.86%Q2 ’26+3%+1%

Market Position · Seattle-Tacoma-Bellevue, WA · 2026 SOD (annual) · 0.3% share · #25 of 43 inst. · $0.4B of $143.1B

16.5% Clallam
0.3% King
0.4% Snohomish
0.4% Pierce

Executive Summary

  • Earnings: ROA of 0.87%, up 13 bps year over year; NIM at 3.57%.
  • Asset quality: problem loans at 0.90% of loans (+53 bps YoY), with net charge-offs at 0.01%.
  • Capital: tier 1 leverage ratio of 10.93%, up 33 bps from a year ago.
  • Funding: loans stand at 95.35% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.87%+13 bps YoY

Net Interest Margin (YTD, annualized)

3.57%+21 bps YoY

Efficiency Ratio (YTD, annualized)

71.93%-319 bps YoY

Tier 1 Leverage Ratio

10.93%+33 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.73%0.74%0.79%0.68%0.87%+13 bps
Return on Equity6.78%6.85%7.36%6.47%8.13%+135 bps
Net Interest Margin3.36%3.37%3.36%3.39%3.57%+21 bps
Efficiency Ratio75.12%74.65%72.79%74.85%71.93%-319 bps
Non-Interest Burden2.42%2.42%2.34%2.46%2.45%+3 bps
Growth
Asset Growth (YoY)-1.55%-3.70%9.92%3.98%0.71%+226 bps
Loan Growth (YoY)1.89%0.91%0.60%3.75%-1.41%-329 bps
Deposit Growth (YoY)-0.17%-2.84%13.35%6.02%3.08%+325 bps
Asset Quality
Nonperforming Loans / Loans0.37%0.30%0.64%0.80%0.90%+53 bps
Net Charge-Offs / Loans0.01%0.01%0.01%0.01%0.01%0 bps
Allowance / Loans0.94%0.94%0.95%0.94%0.94%0 bps
Allowance Coverage of NPLs2.5x3.2x1.5x1.2x1.0x-1.5x
Capital
Tier 1 Leverage Ratio10.60%10.71%10.93%10.62%10.93%+33 bps
Total Risk-Based Capital10.60%10.71%10.93%10.62%10.93%+33 bps
Equity / Assets10.51%10.70%10.64%10.44%10.98%+48 bps
Liquidity & Funding
Loans / Deposits99.70%100.17%94.96%94.57%95.35%-434 bps
Liquid Assets / Assets9.12%9.01%12.17%11.86%10.59%+146 bps
CRE / Total Capitaln/a390%381%400%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Sound Community Bank

Seattle, WA · Cert 57451 · Peer group: banks $1B-$10B in assets (n=322-328) · Sound Financial Bcorp Inc.

State charter, non-member · FDIC · 9 branches

Q2 2026

$1.1BAssets
$893.6MLoans
$937.1MDeposits
$117.1MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 77% of banks $1B-$10B in assets (rank 74 of 322).
  • Widest gap: total risk-based capital ratio trails 92% of banks $1B-$10B in assets (rank 301 of 328).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

0.89%

Rank 253 of 328

Net Interest Margin

3.57%

Rank 136 of 328

Efficiency Ratio

71.93%

Rank 276 of 328

Equity / Assets

10.98%

Rank 130 of 328

Non-interest income vs. expense

$4.5M$30.7MINCOMEEXPENSE
Unfavorable gap of $26.2M · efficiency ratio beats 16% of banks $1B-$10B in assets
Bank 71.93%Peer median 59.6%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.89%0.91%1.22%1.52%Beats 23%253 / 328
Return on Equity8.08%8.43%11.45%14.43%Beats 21%258 / 328
Net Interest Margin3.57%3.03%3.45%3.83%Beats 59%136 / 328
Efficiency Ratio71.93%51.61%59.56%67.53%Beats 16%276 / 328
Asset Quality
Nonperforming Loans / Loans0.90%0.24%0.51%1.03%Beats 29%231 / 322
Net Charge-Offs / Loans0.01%0.01%0.03%0.10%Beats 77%74 / 322
Capital
Tier 1 Capital Ratio10.93%11.75%13.15%15.47%Beats 13%285 / 328
Total Risk-Based Capital Ratio10.93%12.63%14.15%16.46%Beats 8%301 / 328
Equity / Assets10.98%9.15%10.33%12.01%Beats 60%130 / 328
Liquidity & Funding
Loans / Deposits95.36%76.63%87.92%95.36%75th pctl81 / 323
Loans / Assets83.83%65.18%74.15%79.98%87th pctl42 / 328
Brokered Deposits / Depositsn/aNot reported for this institution