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Sound Banking Company, Financial Information

About Sound Banking Company

 Address:
6107 Lake Grove Street Sw
Lakewood, WA
Pierce County, Washington
 Established:
Nov 1990
 Number of domestic offices:
1
Total assets$80M
Net income$1M
Net income, quarterly$0M
Total deposits$75M
Domestic deposits$75M
Equity capital$5M
ROA1.34%
ROAQ, quarterly0.17%
ROA, pretax0.17%
ROAQ, quarterly, pretax0.17%
ROE16.06%
ROEQ, quarterly2.32%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Historical Data