D
Sound Banking Company
Rating Date
March 2026
Risk Based
Capital Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings Sound Banking Company
Lakewood, WA
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Rating D
Asset Quality Index 7.70
Capitalization Index 10.00
Liquidity Index 0.10
Profitability Index 8.70
Stability Index 3.70
Company Info Sound Banking Company
Lakewood, WA
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FDIC Number 33183
Phone Number (253) 588-0100
Website www.soundbankingco.com
Asset Quality Sound Banking Company
Lakewood, WA
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1-Year Asset Growth -4.30%
5-Year Asset Growth -8.67%
5-Year Charge-Offs to Average Loans 0.00%
Charge-Offs to Average Loans 0.00%
Non-Performing Assets to Assets 0.00%
Non-Performing Loans to Capital 0.24%
Non-Performing Loans to Loans 0.00%
Balance Sheet Sound Banking Company
Lakewood, WA
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Total Assets 45.60M
Total Deposits 39.94M
Capital and Reserves Sound Banking Company
Lakewood, WA
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Capital 5.56M
Leverage Ratio 11.94
Loan Loss Reserves to Loans 1.60%
Risk-Based Capital Ratio 15.38
Liquidity Sound Banking Company
Lakewood, WA
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Hot Money Ratio 31.58%
Liquidity Ratio 3.93%
Profitability Sound Banking Company
Lakewood, WA
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5-Year Return on Average Assets 1.55%
Net Income 936.00K
Net Interest Spread 6.49%
Operating Profit to Average Assets 1.97%
Overhead Efficiency Ratio 68.90%
Return on Assets 1.97%
Return on Equity 16.79%