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:$75,350,000, ranked #4208
Total Deposits:$69,384,000, ranked #4126
Total Equity Capital:$5,785,000, ranked #4249
Total Domestic Deposits:$69,384,000, ranked #4126
Net Income:$1,072,000, ranked #3260
Quarterly Net Income:$437,000, ranked #3216
Return on Assets:2%, ranked #114
Quarterly Return on Assets:2%, ranked #164
Return on Equity:26%, ranked #136
Quarterly Return on Equity:31%, ranked #228

Financial Information (2022-09-30 and Older)