Sound Banking Company

Sound Banking Company
6107 Lake Grove St Sw
Lakewood, WA 98499

Status: Active
Concentration:Commercial Lending Specialization
Established:11/01/1990
FDIC Insurance:11/01/1990
FDIC Cert:#33183
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Website:www.soundbankingco.com
Total Assets:$44,474,000, ranked #4401
Total Deposits:$37,015,000, ranked #4360
Total Equity Capital:$5,577,000, ranked #4305
Total Domestic Deposits:$37,015,000, ranked #4360
Net Income:$1,091,000, ranked #3383
Return on Assets:2%, ranked #190
Return on Equity:19%, ranked #639

Financial Information (2023-12-31 and Older)