secwatch.observer — SEC 8-K summary
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Issuer:     Sound Financial Bancorp, Inc. (SFBC)
CIK:        0001541119
Form:       8-K
Filed at:   2021-10-27T23:59:59+00:00
Accession:  0001541119-21-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sound Financial Q3 net income $2.6M ($0.98 EPS), up from $2.3M YoY; declares $0.17 dividend
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- Net income $2.6M ($0.98 diluted EPS) vs $2.3M ($0.90) in Q3 2020, up 15.2% QoQ.
- Net interest margin 3.74% vs 3.36% prior quarter and 3.27% year ago.
- Loans held-for-portfolio grew $27.9M QoQ to $667.6M, offset by $24.3M PPP forgiveness.
- Nonperforming assets rose 73.3% to $3.7M, driven by $1.5M increase in one-to-four family loans.
- Quarterly cash dividend $0.17/share, payable Nov 24 to holders of record Nov 10.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1541119/000154111921000038/0001541119-21-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1541119/000154111921000038/sfbc-20211026.htm
  HTML page:      https://secwatch.observer/filing/0001541119-21-000038

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