secwatch.observer — SEC 8-K summary
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Issuer:     Sound Financial Bancorp, Inc. (SFBC)
CIK:        0001541119
Form:       8-K
Filed at:   2023-01-30T23:59:59+00:00
Accession:  0001541119-23-000004
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 Q4 EPS $1.12 beats prior quarter $0.97; declares $0.17 dividend
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- Net income $2.9M, diluted EPS $1.12, vs $2.5M ($0.97) in Q3 2022 and $1.9M ($0.70) in Q4 2021.
- Net interest margin 4.05% (annualized), net interest income up 25.6% YoY to $9.7M.
- Loans held-for-portfolio grew 26.2% YoY to $866.0M; total deposits down 0.8% sequentially to $808.8M.
- Board declared $0.17 per share cash dividend, payable Feb 23, 2023, record Feb 9, 2023.
- Nonperforming loans rose to $2.96M from $2.49M in Q3; provision for loan losses $125K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1541119/000154111923000004/0001541119-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1541119/000154111923000004/sfbc-20230127.htm
  HTML page:      https://secwatch.observer/filing/0001541119-23-000004

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