secwatch.observer — SEC 8-K summary
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Issuer:     Sound Financial Bancorp, Inc. (SFBC)
CIK:        0001541119
Form:       8-K
Filed at:   2021-07-29T23:59:59+00:00
Accession:  0001541119-21-000023
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sound Financial Bancorp Q2 2021 net income $2.3M ($0.85 EPS); declares $0.17 dividend
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- Net income $2.3M vs $2.5M in Q1 2021 and $2.1M in Q2 2020; diluted EPS $0.85.
- Net interest margin improved to 3.36% from 3.09% in Q1; net interest income up 12.5%.
- Loans held-for-portfolio increased $25.3M to $639.6M; PPP loans fell to $36.0M.
- Nonperforming assets decreased $1.1M to $2.2M; allowance coverage of NPLs 412.67%.
- Dividend of $0.17/share declared, payable Aug 24 to record Aug 10.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1541119/000154111921000023/0001541119-21-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1541119/000154111921000023/sfbc-20210728.htm
  HTML page:      https://secwatch.observer/filing/0001541119-21-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer