{"schema_version":"secwatch.filing_event.v1","accession":"0001541119-23-000038","form_type":"8-K","ticker":"SFBC","cik":"0001541119","company_name":"Sound Financial Bancorp, Inc.","filed_at":"2023-10-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.466571+00:00","generated_at":"2026-06-09T10:34:25.885019+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Sound Financial Q3 net income drops 59% to $1.2M; NIM compresses to 3.38%","bullets":["Diluted EPS of $0.45 vs $1.11 in Q2 2023 and $0.97 in Q3 2022.","Net interest income $8.2M, down 6.6% QoQ and 14.9% YoY; NIM fell to 3.38% from 3.71%.","Loans held-for-portfolio grew 2.3% QoQ to $875.4M; deposits rose 4.7% to $860.9M.","Noninterest income fell 42.8% QoQ to $1.1M, partly due to prior quarter's BOLI death benefit.","Declared $0.19/share dividend, payable Nov 22, 2023, unchanged from prior quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001541119-23-000038","json":"https://secwatch.observer/filing/0001541119-23-000038.json","markdown":"https://secwatch.observer/filing/0001541119-23-000038.md","text":"https://secwatch.observer/filing/0001541119-23-000038.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1541119/000154111923000038/0001541119-23-000038-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1541119/000154111923000038/sfbc-20231024.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T10:34:25.885019+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"48f08bc7c63fd6b68ae59bd6fc87807ab700ae05","claim":"Sound Financial Bancorp, Inc. reported third quarter ended September 30, 2023 results: net income $1.2 million, EPS $0.45 diluted earnings per share.","evidence_excerpt":"Sound Financial Bancorp, Inc. (the \"Company\") (Nasdaq: SFBC), the holding company for Sound Community Bank (the \"Bank\"), today reported net income of $1.2 million for the quarter ended September 30, 2023, or $0.45 diluted earnings per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1541119/000154111923000038/0001541119-23-000038-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Net income","value":"$1.2 million"},{"label":"EPS","value":"$0.45 diluted earnings per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}