{"schema_version":"secwatch.filing_event.v1","accession":"0001541119-24-000003","form_type":"8-K","ticker":"SFBC","cik":"0001541119","company_name":"Sound Financial Bancorp, Inc.","filed_at":"2024-01-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.557584+00:00","generated_at":"2026-06-06T15:54:25.862658+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Sound Financial Q4 net income $1.2M, EPS $0.47; NIM shrinks to 3.04%; NPLs double","bullets":["Net income $1.2M ($0.47 EPS) flat QoQ but down 59% from $2.9M ($1.12) a year ago.","Net interest margin fell to 3.04% from 3.38% QoQ and 4.05% a year ago; net interest income down 21.9% YoY.","Nonperforming loans surged 102% QoQ to $3.6M (0.40% of loans); two loans totaling $2.3M added to nonaccrual.","Loans held-for-portfolio grew 2.2% to $894.5M; deposits fell 4% to $826.5M; loans-to-deposits ratio 108%.","Board declared $0.19 dividend, payable Feb 21; restructured five positions due to subdued mortgage demand."],"urls":{"canonical":"https://secwatch.observer/filing/0001541119-24-000003","json":"https://secwatch.observer/filing/0001541119-24-000003.json","markdown":"https://secwatch.observer/filing/0001541119-24-000003.md","text":"https://secwatch.observer/filing/0001541119-24-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1541119/000154111924000003/0001541119-24-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1541119/000154111924000003/sfbc-20240126.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T15:54:25.862658+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":"19831440d9ce931cacda32e9d827c72e264d8e2a","claim":"Sound Financial Bancorp, Inc. reported the quarter ended December 31, 2023 results: net income $1.2 million, EPS $0.47 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 December 31, 2023, or $0.47 diluted earnings per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1541119/000154111924000003/0001541119-24-000003-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2023"},{"label":"Net income","value":"$1.2 million"},{"label":"EPS","value":"$0.47 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"}