$45.2M
total assets, June 30, 2026
Sound Banking Company is a state nonmember bank based in Lakewood, WA. As of June 30, 2026 it held $45.2 million in assets and $39.6 million in deposits; assets were down 12.1% from a year before. It has 1 branch.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$45.2M
-12.1% in a year · +6.6% in a quarter
Deposits
$39.6M
-13.7% in a year · +8.6% in a quarter
Loans
$38.8M
-2.0% in a year · +7.4% in a quarter
Profit so far
$560K
Jan 1 to Jun 30, 2026 · -10.5% in a year
Capital ratio
12.08%
+0.78 pts in a year
Return on assets
2.52%
+0.04 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 6107 Lake Grove St Sw, Lakewood, WA, 98499
- County
- Pierce
- Established
- Nov 1, 1990
- Employees
- 5
- Branches
- 1
- Website
- www.soundbankingco.com
- Id
- b33183
Quarter by quarter
December 31, 1990 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
1 office as of June 30, 2026, holding $39.6 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Washington | 1 | $39.6M | 100.0% |
Related pages
Questions and answers
How big is Sound Banking Company?
$45.2 million in total assets and $39.6 million in deposits as of June 30, 2026, with assets down 12.1% from a year before. Its loans were $38.8 million.
How many branches does Sound Banking Company have?
1 branch in Washington as of June 30, 2026.
Is Sound Banking Company profitable?
Yes: it earned $560,000 from January 1 to June 30, 2026 (down 10.5% from the same months a year before). Its return on assets was 2.52% a year; about 1% is typical.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.