Sound Community Bank

Seattle, WA
IDRSSD: 429487
Total Assets
$1.09B
Latest filing
Total Deposits
$954.19M
Latest filing
Net Interest Margin
3.49%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

325081306SEATTLE, WA

Key People

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Locations

Main office and branches. Select to view on the map.

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Main Office
Sound Community Bank
2400 3rd Ave
Seattle, WA 98121
Limited Service - Administrative
Updated 01/30/2026Established 01/01/1953FDIC Certificate 363806

Branches (9)

Page 1 of 2
NameAddressCity / State
Sound Community Bank (Main)2400 3rd AveSeattle, WA
PORT LUDLOW BRANCH9500 Oak Bay RdPort Ludlow, WA
TACOMA-SOUTH2941 S 38th StTacoma, WA
SEQUIM VILLAGE BRANCH645 W Washington StSequim, WA
CEDAR PLAZA22807 44th Ave WMountlake Terrace, WA
PORT ANGELES BRANCH110 N Alder StPort Angeles, WA
UNIVERSITY PLACE BRANCH4922 Bridgeport Way WUniversity Place, WA
BELLTOWN2400 3rd AveSeattle, WA
Showing 7 of 9

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/01/1953
Community BankYes
Ownership TypeNot Mutual
ZIP98121
State and County Number53033
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number12
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictSan Francisco
Core Based Statistical Area NameSeattle-Tacoma-Bellevue, WA

Operational Info

Number of Employees112
Domestic Offices10
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date07/31/2024
Date of Deposit Insurance05/19/2003
Primary Insurance AgencyDIF
Websitehttp://www.soundcb.com
Data Updated01/30/2026
CERT57451
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.09B
Total Deposits$954.19M
Total Liabilities$976.11M
Total Equity Capital$116.20M
Net Income$2.56M
Net Loans and Leases$897.47M
Assets Per Employee ($Millions)$9.5M
Bank Premises and Fixed Assets$7.66M
Cash and Balances due from Depository Institutions$138.41M
Deposits Held in Domestic Offices$954.19M

Key Performance Ratios

Return on Assets (ROA)0.95%
Return on Equity (ROE)8.93%
Net Interest Margin3.49%
Efficiency Ratio67.11%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.04%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.638%
Earning Assets to total Assets95.03%

Income and Expense

Total Interest Income$14.33M
Total Noninterest Income$822.00k
Total Interest Expense$5.43M
Total Noninterest Expense$6.53M
Net Interest Income$8.90M
Pre-tax Net Operating Income$3.10M
Provision for Credit Losses$104.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$344.00k
Other borrowed funds$10.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$11.92M
Total Liabilities and Capital$1.09B

Securities

Securities$9.59M
Available-for-sale debt securities$7.70M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$1.89M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Sound Community Bank?
$1.09B as of the latest filing.
How much are Sound Community Bank's total deposits?
$954.19M in total deposits.
Where is Sound Community Bank located?
Seattle, WA.
What is the Net Interest Margin?
3.49%.
How many domestic offices does it operate?
10.
When was it established?
01/01/1953.
What is the Return on Assets (ROA)?
0.95%.
How much are total loans and leases?
$897.47M (latest filing).
What is the total interest income (latest filing)?
$14.33M.