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Sound Community Bank

Sound Community Bank is an FDIC insured institution headquartered at 2400 3rd Ave, Seattle, WA 98121.
It was founded in 1953 and has approximately $1 billion in assets. Customers can open an account at one of its 7 branches.

Deposit Rates - August 24, 2026

SAVINGS RATES	APY	MIN
SAV	0.10%	$100	Compare

CD RATES	APY	MIN
3 Mo CD	2.00%	$1,000	Compare
6 Mo CD	2.90%	$1,000	Compare
11 Mo CD	2.30%	$1,000	Compare
12 Mo CD	2.75%	$1,000	Compare
18 Mo CD	2.60%	$1,000	Compare
24 Mo CD	2.25%	$1,000	Compare
36 Mo CD	2.00%	$1,000	Compare
48 Mo CD	2.50%	$1,000	Compare
60 Mo CD	2.50%	$1,000	Compare

MM RATES	APY	MIN
Money Market	0.65%	$25,000	Compare
Money Market	2.60%	$100,000	Compare
Money Market	3.00%	$1,000,000	Compare

Overview 2026

General Bank Information

FDIC Insured	Yes
FDIC Certificate	# 57451
Date Established	1953
Assets	$ 1,092.31 million
Loans	$ 897.47 million
Deposits	$ 954.19 million
Capital	$ 116.20 million

Summary Balance Sheet as of December 31, 2025

ASSETS
Cash & Balances due from depository institutions	$ 138.41 million
Interest-bearing balances	$ 131.01 million
Total securities	$ 9.59 million
Federal funds sold and reverse repurchase	N.A.
Net loans and leases	$ 897.47 million
Loan loss allowance	$ 8.61 million
Trading account assets	N.A.
Bank premises and fixed assets	N.A.
Other real estate owned	$ 0.34 million
Goodwill and other intangibles	$ 4.96 million
All other assets	$ 29.10 million
Total Assets	$ 976.11 million

LIABILITIES
Total deposits	$ 954.19 million
Interest-bearing deposits	$ 816.31 million
Deposits held in domestic offices	$ 954.19 million
% insured (estimated)"	80.65%
Federal funds purchased and repurchase agreements	N.A.
Trading liabilities	N.A.
Other borrowed funds	$ 30.00 million
Subordinated debt	N.A.
All other liabilities	$ 13.23 millionn
Total Liabilities	$ 976.11 million
Shareholders’ Equity	$ 116.20 million

Summary Income Statement as of December 31, 2025

INCOME AND EXPENSES
Total Interest Income	$ 57.70 million
Total Interest Expense	$ 21.93 million
Net interest income	$ 35.77 million
Provision for loan and lease losses	$ 0.13 million
Total non interest income	$ 3.82 million
Total non interest expense	$ 28.82 million
Pre-tax Net Operating Income	$ 4.83 million

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Branches

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