Sound Community Bank

Sound Community Bank is headquartered in Seattle and is the 25^th largest bank in the state of Washington. It is also the 1,887^th largest bank in the nation. It was established in 1953 and as of March of 2012, it had grown to 71 employees at 5 locations. Sound Community Bank has a 4-star health rating.

Sound Community Bank Routing Number: 325081306

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Data for Q1 2012

Institution Statistics Sound Community Bank OTS # 17942 FDIC Certificate # 57451 BankRate Report View Year Established 1953 Employees 71 Primary Regulator OCC Assets and Liabilities Assets $348.60 million Loans $297.53 million Deposits $309.77 million Equity Capital $29.01 million Loan Loss Allowance $4.35 million Unbacked Noncurrent Loans $4.25 million Real Estate Owned $1.94 million Historic Data - March 2011 Assets $327.08 million Equity Capital $27.20 million Loan Loss Allowance $3.32 million Unbacked Noncurrent Loans $2.19 million Real Estate Owned $2.90 million Profit Margin - Quarterly Net Interest Margin 5.37% Return on Assets 0.66% Return on Equity 7.92% Interest Income $4.72 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Sound Community Bank had $6.19 million in non-current loans and owned real-estate with $33.36 million in equity and loan loss allowances on hand to cover it. This gives Sound Community Bank a Texas Ratio of 18.56% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Sound Community Bank held steady from 16.69% as of March 31, 2011 to 18.56% as of March 31, 2012, resulting in a negative change of 11.21%. This indicates that the balance sheet and financial strength for Sound Community Bank has held steady in recent periods. Deposit Growth In the past year, Sound Community Bank has increased its total deposits by $33.66 million, resulting in 12.19% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Sound Community Bank has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Sound Community Bank has $348.6 million in assets with $33.36 million in equity, resulting in a capitalization level of 9.57%, which is average.

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