$42.4M
−18.5%y/y
Percentile by value27th percentileby value
FDIC
ASSETSB
Sound Banking Company
Lakewood, WashingtonFDIC Cert #33183
STATEEstablished 19901 branch
Holding company: Not reportedRegulator: FDIC
FDIC
CERT + OFFDOMWhat's happening here
As of Q1 2026FDIC
Call ReportSound Banking Company reported $42.4M in total assets. Deposits declined 21.17% over the prior year.
Return on assets was 2.34%, compared with an asset-peer median of 0.97%. The leverage ratio was 13.06%.
- Why is CRE Concentration to Capital above asset peers?
- Why is Deposit Growth, Year over Year below asset peers?
- Why is Total Assets below asset peers?
Generated offline from verified FDIC facts for the period shown. Bank Data Insights does not rate banks, predict outcomes, or provide advice.
Latest reported quarter
Key metrics
$36.4M
−21.2%y/y
Percentile by value31st percentileby value
FDIC
DEP$35.5M
−5.6%y/y
Percentile by value59th percentileby value
FDIC
LNLSNET2.34%
+43 bpsy/y
Peer standing89th percentile
FDIC
NETINC + ROA63.49%
−77 bpsy/y
Peer standing69th percentile
FDIC
NONIX + NIM + NONII + EEFFR13.06%
+138 bpsy/y
Peer standing51st percentile
FDIC
RBC1AAJPercentiles compare this bank with 590 banks under $100 million.
FDIC
Call ReportBalance sheet trend
Assets & deposits
| Quarter | Assets | Deposits |
|---|---|---|
| Q2 2021 | $77.9M | $72.6M |
| Q3 2021 | $92.8M | $87.1M |
| Q4 2021 | $102M | $96.4M |
| Q1 2022 | $101M | $94.9M |
| Q2 2022 | $81.9M | $76.5M |
| Q3 2022 | $75.4M | $69.4M |
| Q4 2022 | $73.3M | $67.6M |
| Q1 2023 | $52.6M | $46.3M |
| Q2 2023 | $48.4M | $42.6M |
| Q3 2023 | $50.7M | $44.5M |
| Q4 2023 | $44.5M | $37M |
| Q1 2024 | $47M | $41M |
| Q2 2024 | $44.5M | $38.9M |
| Q3 2024 | $50.4M | $44.5M |
| Q4 2024 | $47.6M | $42.1M |
| Q1 2025 | $52M | $46.2M |
| Q2 2025 | $51.4M | $45.9M |
| Q3 2025 | $51.8M | $45.9M |
| Q4 2025 | $45.6M | $39.9M |
| Q1 2026 | $42.4M | $36.4M |
Portfolio composition
Loan mix
| Category | Balance |
|---|---|
| Owner CRE | $7.27M |
| Investor CRE | $2.13M |
| Multifamily | $4.32M |
| Construction | $6.01M |
| 1–4 family | $13.7M |
| C&I | $2.13M |
| Agriculture | $622K |
| Other | $28K |
Peer comparison
How this bank compares
Lower displayed standingPeer medianHigher displayed standing
ROA
FDIC
NETINC + ROA2.34%89th percentileToggle ROA distribution
Distribution histogram for ROA, with this bank marked when a value is reported.
10th −0.66%Median 0.97%90th 2.53%Observations 590
ROE
FDIC
NETINC + ROE18.09%91st percentileToggle ROE distribution
Distribution histogram for ROE, with this bank marked when a value is reported.
10th −4.01%Median 7.76%90th 17.70%Observations 590
NIM
FDIC
NIM + NIMY6.82%100th percentileToggle NIM distribution
Distribution histogram for NIM, with this bank marked when a value is reported.
10th 2.60%Median 3.78%90th 5.00%Observations 591
Efficiency
FDIC
NONIX + NIM + NONII + EEFFR63.49%69th percentileToggle Efficiency distribution
Distribution histogram for Efficiency, with this bank marked when a value is reported.
10th 50.30%Median 71.56%90th 113.91%Observations 590
Deposits YoY
FDIC
DEP−21.17%1st percentileby valueToggle Deposits YoY distribution
Distribution histogram for Deposits YoY, with this bank marked when a value is reported.
10th −6.03%Median +2.56%90th +13.29%Observations 547
Loans YoY
FDIC
LNLSNET−5.56%16th percentileby valueToggle Loans YoY distribution
Distribution histogram for Loans YoY, with this bank marked when a value is reported.
10th −8.25%Median +2.70%90th +19.03%Observations 527
Noncurrent %
FDIC
P9ASSET + NAASSET + LNLSGR0.04%68th percentileToggle Noncurrent % distribution
Distribution histogram for Noncurrent %, with this bank marked when a value is reported.
10th 0.00%Median 0.41%90th 3.46%Observations 530
Leverage
FDIC
RBC1AAJ13.06%51st percentileToggle Leverage distribution
Distribution histogram for Leverage, with this bank marked when a value is reported.
10th 9.02%Median 13.02%90th 57.11%Observations 591
Well-capitalized threshold (12 CFR 6.4 / 208.43 / 324.403) is shown as a supervisory screening criterion, not a limit or violation.
IB deposit cost
FDIC
EINTEXP + DEPIDOM1.94%58th percentileToggle IB deposit cost distribution
Distribution histogram for IB deposit cost, with this bank marked when a value is reported.
10th 1.09%Median 2.13%90th 3.32%Observations 546
CRE/capital
FDIC
LNRENROT + LNREMULT + LNRECONS + RBC200%96th percentileby valueToggle CRE/capital distribution
Distribution histogram for CRE/capital, with this bank marked when a value is reported.
10th 0%Median 25%90th 129%Observations 281
Interagency CRE supervisory criterion (FIL-104-2006) is shown as a supervisory screening criterion, not a limit or violation. The 300% total-CRE criterion is considered with 50% growth over the prior 36 months.
Whiskers show the 10th–90th percentile, the box shows the middle half, and the dot marks this bank. Favorable-direction metrics are oriented using registry polarity; neutral metrics are ordered from lower to higher reported value and carry no favorable interpretation.
Lower displayed standingPeer medianHigher displayed standing
ROA
FDIC
NETINC + ROA2.34%97th percentileToggle ROA distribution
Distribution histogram for ROA, with this bank marked when a value is reported.
10th −0.34%Median 0.96%90th 1.47%Observations 30
ROE
FDIC
NETINC + ROE18.09%100th percentileToggle ROE distribution
Distribution histogram for ROE, with this bank marked when a value is reported.
10th −3.96%Median 8.71%90th 15.41%Observations 30
NIM
FDIC
NIM + NIMY6.82%97th percentileToggle NIM distribution
Distribution histogram for NIM, with this bank marked when a value is reported.
10th 2.68%Median 3.68%90th 4.69%Observations 30
Efficiency
FDIC
NONIX + NIM + NONII + EEFFR63.49%55th percentileToggle Efficiency distribution
Distribution histogram for Efficiency, with this bank marked when a value is reported.
10th 53.23%Median 65.30%90th 95.89%Observations 30
Deposits YoY
FDIC
DEP−21.17%0th percentileby valueToggle Deposits YoY distribution
Distribution histogram for Deposits YoY, with this bank marked when a value is reported.
10th −6.91%Median +3.29%90th +24.93%Observations 30
Loans YoY
FDIC
LNLSNET−5.56%10th percentileby valueToggle Loans YoY distribution
Distribution histogram for Loans YoY, with this bank marked when a value is reported.
10th −6.22%Median +2.31%90th +14.53%Observations 30
Noncurrent %
FDIC
P9ASSET + NAASSET + LNLSGR0.04%93rd percentileToggle Noncurrent % distribution
Distribution histogram for Noncurrent %, with this bank marked when a value is reported.
10th 0.05%Median 0.53%90th 1.67%Observations 30
Leverage
FDIC
RBC1AAJ13.06%90th percentileToggle Leverage distribution
Distribution histogram for Leverage, with this bank marked when a value is reported.
10th 7.99%Median 10.66%90th 13.17%Observations 30
Well-capitalized threshold (12 CFR 6.4 / 208.43 / 324.403) is shown as a supervisory screening criterion, not a limit or violation.
IB deposit cost
FDIC
EINTEXP + DEPIDOM1.94%69th percentileToggle IB deposit cost distribution
Distribution histogram for IB deposit cost, with this bank marked when a value is reported.
10th 1.26%Median 2.30%90th 3.98%Observations 30
CRE/capital
FDIC
LNRENROT + LNREMULT + LNRECONS + RBC200%30th percentileby valueToggle CRE/capital distribution
Distribution histogram for CRE/capital, with this bank marked when a value is reported.
10th 114%Median 249%90th 344%Observations 21
Interagency CRE supervisory criterion (FIL-104-2006) is shown as a supervisory screening criterion, not a limit or violation. The 300% total-CRE criterion is considered with 50% growth over the prior 36 months.
Whiskers show the 10th–90th percentile, the box shows the middle half, and the dot marks this bank. Favorable-direction metrics are oriented using registry polarity; neutral metrics are ordered from lower to higher reported value and carry no favorable interpretation.
Branches & markets
Physical footprint
- Domestic offices
- 1 branch
- Headquarters
- Lakewood, WA
FDIC
OFFDOMOpen the Washington dashboard →History
Institution established
Filings
Q1 2026 Call Report
Q4 2025 Call Report
Q3 2025 Call Report
Q2 2025 Call Report
Public data, presented without a proprietary bank rating.FDIC source data