secwatch.observer — SEC 8-K summary
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Issuer:     Sound Financial Bancorp, Inc. (SFBC)
CIK:        0001541119
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0001541119-26-000016
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sound Financial Q1 net income $1.6M ($0.61 EPS); NIM expands to 3.49%
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- Net income $1.6M, diluted EPS $0.61, down from $2.2M ($0.87) in Q4 2025 but up from $1.2M ($0.45) a year ago.
- Net interest income $9.0M (+4.4% QoQ, +12.1% YoY); NIM 3.49% vs 3.36% Q4 and 3.25% Q1 2025.
- Loans $921.5M (+1.8% QoQ, +4.0% YoY); deposits $968.5M (+2.1% QoQ, +6.4% YoY).
- NPAs increased to $7.5M (0.67% of assets) from $6.1M at Q4; provision for credit losses $123k vs $104k Q4 and release of $203k YoY.
- Declared $0.21/share dividend payable May 26 to holders of record May 11.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1541119/000154111926000016/0001541119-26-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1541119/000154111926000016/sfbc-20260428.htm
  HTML page:      https://secwatch.observer/filing/0001541119-26-000016

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