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:$51,422,000, ranked #4212
Total Deposits:$45,884,000, ranked #4148
Total Equity Capital:$5,403,000, ranked #4191
Total Domestic Deposits:$45,884,000, ranked #4148
Net Income:$626,000, ranked #3297
Quarterly Net Income:$388,000, ranked #3173
Return on Assets:2%, ranked #173
Quarterly Return on Assets:3%, ranked #73
Return on Equity:23%, ranked #228
Quarterly Return on Equity:28%, ranked #132

Financial Information (2025-06-30 and Older)