Sound Financial Bancorp, Inc. (SFBC) Balance Sheet
SFBC balance sheet, 2025
December 31, 2025 · U.S. dollars$1.09B assets = $982.8M liabilities + $109.4M equity
Both columns are drawn to the same scale: what SFBC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SFBC financial health
Descriptive bands, not a rating. Fiscal 2025.
SFBC balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $588.4M2016 | $1.09B2025 | +7.1%/yr | |
| Total liabilities | $528.1M2016 | $982.8M2025 | +7.1%/yr | |
| Shareholders’ equity | $60.3M2016 | $109.4M2025 | +6.8%/yr | |
| Cash & short-term investments | $61.2M2016 | $140.8M2025 | +9.7%/yr | |
| Total debt | $54.8M2016 | $21.5M2025 | −9.9%/yr | |
| Net cash (debt) | $6.4M2016 | $119.3M2025 | +$113.0M | |
| Working capital | −$404.8M2016 | −$805.0M2025 | −$400.2M | |
| Book value per share | $23.482016 | $42.482025 | +6.8%/yr | |
| Debt / equity | 0.912016 | 0.202025 | −0.71 | |
| Shares outstanding | 2.6M2016 | 2.6M2025 | +0.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SFBC assets
SFBC liabilities and equity
SFBC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SFBC balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $140.8M | $51.4M | $58.0M | $68.0M | $192.0M | $204.0M | $65.1M | $66.8M | $66.1M | $61.2M |
| Cash & equivalents | $138.5M | $43.6M | $49.7M | $57.8M | $183.6M | $193.8M | $55.8M | $61.8M | $60.7M | $54.6M |
| Short-term investments | $2.4M | $7.8M | $8.3M | $10.2M | $8.4M | $10.2M | $9.3M | $5.0M | $5.4M | $6.6M |
| Receivables | $3.8M | $3.5M | $3.5M | $3.1M | $2.2M | $2.3M | $2.2M | $2.3M | $2.0M | $1.8M |
| Inventory | $0 | $0 | $46.2M | −$61.6M | −$186.5M | −$196.7M | −$58.6M | $575,000 | $610,000 | $1.2M |
| Other current assets | $0 | $0 | $0 | $61.6M | $186.5M | $196.7M | $58.6M | $0 | $0 | $0 |
| Total current assets | $144.6M | $54.9M | $61.4M | $71.1M | $194.2M | $206.3M | $67.3M | $69.1M | $68.1M | $63.0M |
| Property, plant & equipment (net) | $7.7M | $8.4M | $9.7M | $10.6M | $11.6M | $13.0M | $14.4M | $7.0M | $7.4M | $5.5M |
| Goodwill & intangible assets | $4.2M | $4.8M | $4.6M | $4.7M | $4.3M | $3.8M | $3.2M | $3.4M | $3.4M | $3.6M |
| Long-term investments | $9.6M | $9.9M | $10.5M | $12.4M | $8.4M | $10.2M | $624.6M | $619.9M | $545.1M | $496.1M |
| Other non-current assets | $926.1M | $915.6M | $909.0M | $877.5M | $701.1M | $628.1M | $10.3M | $17.3M | $21.2M | $20.2M |
| Total assets | $1.09B | $993.6M | $995.2M | $976.4M | $919.7M | $861.4M | $719.9M | $716.7M | $645.2M | $588.4M |
| Liabilities | ||||||||||
| Accounts payable | $674,000 | $765,000 | $817,000 | $395,000 | $200,000 | $369,000 | $226,000 | $137,000 | $77,000 | $73,000 |
| Short-term debt | $3.7M | $4.0M | $15.0M | $43.0M | $1.0M | $1.0M | $8.0M | $0 | $0 | $0 |
| Deferred revenue | — | — | −$817,000 | — | −$6.0M | −$6.8M | −$7.8M | — | — | — |
| Total current liabilities | $949.5M | $838.6M | $842.4M | $852.2M | $798.5M | $748.4M | $616.9M | $553.7M | $514.5M | $467.8M |
| Long-term debt | $17.8M | $36.8M | $36.7M | $11.7M | $11.6M | $11.6M | $7.5M | $0 | $0 | $0 |
| Lease obligations | $3.7M | $4.0M | $4.8M | $5.4M | $6.2M | $7.1M | $8.0M | $0 | $0 | $0 |
| Other long-term liabilities | $15.4M | $14.6M | $15.5M | $14.8M | $16.2M | $16.0M | $17.7M | $91.4M | $65.6M | $60.3M |
| Total liabilities | $982.8M | $890.0M | $894.6M | $878.6M | $826.3M | $775.9M | $642.1M | $645.1M | $580.1M | $528.1M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $25,000 | $25,000 | $25,000 | $26,000 | $26,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 |
| Retained earnings (deficit) | $81.5M | $76.3M | $73.6M | $70.8M | $65.2M | $58.2M | $51.4M | $46.2M | $40.5M | $36.9M |
| Treasury stock | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Accumulated other comprehensive income | −$846,000 | −$1.0M | −$988,000 | −$1.1M | $139,000 | $240,000 | $175,000 | $114,000 | $109,000 | $81,000 |
| Minority interest | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Total shareholders' equity | $109.4M | $103.7M | $100.7M | $97.7M | $93.4M | $85.5M | $77.7M | $71.6M | $65.2M | $60.3M |
| Key figures | ||||||||||
| Total debt | $21.5M | $40.8M | $56.5M | $60.1M | $17.9M | $18.7M | $15.5M | $84.0M | $59.0M | $54.8M |
| Net cash (debt) | $119.3M | $10.7M | $1.4M | $7.9M | $174.1M | $185.3M | $49.6M | −$17.2M | $7.1M | $6.4M |
| Working capital | −$805.0M | −$783.7M | −$780.9M | −$781.0M | −$604.3M | −$542.0M | −$549.7M | −$484.7M | −$446.4M | −$404.8M |
| Tangible book value | $105.2M | $98.9M | $96.0M | $93.0M | $89.1M | $81.7M | $74.5M | $68.2M | $61.7M | $56.7M |
| Book value per share | $42.48 | $40.40 | $42.30 | $37.82 | $35.54 | $32.97 | $30.09 | $27.90 | $25.37 | $23.48 |
| Shares outstanding | 2.6M | 2.6M | 2.4M | 2.6M | 2.6M | 2.6M | 2.6M | 2.6M | 2.6M | 2.6M |
| Current ratio | 0.15 | 0.07 | 0.07 | 0.08 | 0.24 | 0.28 | 0.11 | 0.12 | 0.13 | 0.13 |
| Quick ratio | 0.15 | 0.07 | 0.07 | 0.08 | 0.24 | 0.28 | 0.11 | 0.12 | 0.13 | 0.13 |
| Debt / equity | 0.20 | 0.39 | 0.56 | 0.62 | 0.19 | 0.22 | 0.20 | 1.17 | 0.91 | 0.91 |
| Equity / assets | 10.0% | 10.4% | 10.1% | 10.0% | 10.2% | 9.9% | 10.8% | 10.0% | 10.1% | 10.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $134.5M | $140.3M | $140.8M | $103.4M | $104.8M | $139.2M | $51.4M | $157.0M | $143.1M | $146.1M | $58.0M | $109.9M |
| Cash & equivalents | $120.1M | $138.0M | $138.5M | $101.2M | $102.5M | $131.5M | $43.6M | $148.9M | $135.1M | $138.0M | $49.7M | $101.9M |
| Short-term investments | $14.5M | $2.3M | $2.4M | $2.3M | $2.3M | $7.7M | $7.8M | $8.0M | $8.0M | $8.1M | $8.3M | $8.0M |
| Receivables | $3.7M | $3.9M | $3.8M | $3.9M | $3.7M | $3.5M | $3.5M | $3.7M | $3.4M | $3.6M | $3.5M | $3.4M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$152.8M | −$138.5M | −$141.6M | $46.2M | −$105.9M |
| Other current assets | $1.6M | $0 | $0 | $0 | $0 | $0 | $0 | $152.8M | $138.5M | $141.6M | $0 | $105.9M |
| Total current assets | $139.9M | $144.2M | $144.6M | $107.3M | $108.5M | $142.7M | $54.9M | $160.7M | $146.5M | $149.7M | $61.4M | $113.3M |
| Property, plant & equipment (net) | $7.0M | $7.3M | $7.7M | $8.1M | $8.4M | $8.1M | $8.4M | $8.6M | $8.9M | $10.9M | $9.7M | $9.9M |
| Goodwill & intangible assets | $4.3M | $4.1M | $4.2M | $4.3M | $4.6M | $4.7M | $4.8M | $4.7M | $4.5M | $4.6M | $4.6M | $4.7M |
| Long-term investments | $14.5M | $14.4M | $9.6M | $9.5M | $9.6M | $9.8M | $9.9M | $10.2M | $10.1M | $10.3M | $10.5M | $10.2M |
| Other non-current assets | $900.2M | $942.1M | $926.1M | $930.9M | $927.0M | $903.8M | $915.6M | $916.8M | $904.7M | $911.1M | $909.0M | $892.1M |
| Total assets | $1.07B | $1.11B | $1.09B | $1.06B | $1.06B | $1.07B | $993.6M | $1.10B | $1.07B | $1.09B | $995.2M | $1.03B |
| Liabilities | ||||||||||||
| Accounts payable | $634,000 | $496,000 | $674,000 | $774,000 | $634,000 | $586,000 | $765,000 | $908,000 | $760,000 | $719,000 | $817,000 | $588,000 |
| Short-term debt | $3.1M | $871,000 | $3.7M | $15.0M | $15.0M | $15.0M | $1.0M | $15.0M | $15.0M | $15.0M | $15.0M | $40.3M |
| Deferred revenue | — | — | — | — | — | — | — | — | −$760,000 | −$719,000 | −$817,000 | −$39.7M |
| Total current liabilities | $3.1M | $969.0M | $949.5M | $914.7M | $915.1M | $925.9M | $838.6M | $946.1M | $922.5M | $932.6M | $842.4M | $861.5M |
| Long-term debt | $7.8M | $17.8M | $17.8M | $21.8M | $21.8M | $21.8M | $36.8M | $36.7M | $36.7M | $36.7M | $36.7M | $51.7M |
| Lease obligations | $3.1M | $3.4M | $3.7M | $3.9M | $4.2M | $3.8M | $4.0M | $4.1M | $4.3M | $4.6M | $4.8M | $5.1M |
| Other long-term liabilities | $945.3M | $14.8M | $15.4M | $16.2M | $15.4M | $17.1M | $14.6M | $15.8M | $14.2M | $16.4M | $15.5M | $16.8M |
| Total liabilities | $953.2M | $1.00B | $982.8M | $952.7M | $952.2M | $964.8M | $890.0M | $998.7M | $973.5M | $985.7M | $894.6M | $929.9M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 |
| Retained earnings (deficit) | $84.5M | $82.5M | $81.5M | $79.7M | $78.5M | $77.0M | $76.3M | $74.8M | $74.2M | $73.9M | $73.6M | $73.4M |
| Accumulated other comprehensive income | −$799,000 | −$926,000 | −$846,000 | −$964,000 | −$1.1M | −$1.1M | −$1.0M | −$922,000 | −$1.0M | −$1.1M | −$988,000 | −$1.3M |
| Total shareholders' equity | $112.6M | $110.4M | $109.4M | $107.5M | $106.0M | $104.4M | $103.7M | $102.2M | $101.3M | $101.0M | $100.7M | $100.2M |
| Key figures | ||||||||||||
| Total debt | $14.0M | $21.2M | $21.5M | $40.7M | $41.0M | $40.6M | $40.8M | $55.8M | $56.1M | $56.3M | $56.5M | $56.8M |
| Net cash (debt) | $120.5M | $119.1M | $119.3M | $62.7M | $63.9M | $98.6M | $10.7M | $101.1M | $87.0M | $89.8M | $1.4M | $53.1M |
| Working capital | $136.8M | −$824.8M | −$805.0M | −$807.4M | −$806.6M | −$783.2M | −$783.7M | −$785.4M | −$776.0M | −$782.9M | −$780.9M | −$748.2M |
| Tangible book value | $108.3M | $106.3M | $105.2M | $103.1M | $101.4M | $99.7M | $98.9M | $97.6M | $96.8M | $96.4M | $96.0M | $95.6M |
| Book value per share | $43.73 | $42.89 | $42.49 | $41.72 | $41.12 | $40.50 | $40.35 | $39.79 | $39.60 | $39.50 | $39.31 | $38.98 |
| Shares outstanding | 2.6M | 2.6M | 2.6M | 2.6M | 2.6M | 2.6M | 2.6M | 2.6M | 2.6M | 2.6M | 2.6M | 2.6M |
| Current ratio | 45.07 | 0.15 | 0.15 | 0.12 | 0.12 | 0.15 | 0.07 | 0.17 | 0.16 | 0.16 | 0.07 | 0.13 |
| Quick ratio | 44.56 | 0.15 | 0.15 | 0.12 | 0.12 | 0.15 | 0.07 | 0.17 | 0.16 | 0.16 | 0.07 | 0.13 |
| Debt / equity | 0.12 | 0.19 | 0.20 | 0.38 | 0.39 | 0.39 | 0.39 | 0.55 | 0.55 | 0.56 | 0.56 | 0.57 |
| Equity / assets | 10.6% | 9.9% | 10.0% | 10.1% | 10.0% | 9.8% | 10.4% | 9.3% | 9.4% | 9.3% | 10.1% | 9.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 18, 2026); data from EODHD.
SFBC financial position
At the end of fiscal 2025 (December 31, 2025), Sound Financial Bancorp had total assets of $1.1 billion (up 9.9% from a year earlier), total liabilities of $982.8 million and shareholders' equity of $109.4 million. It held $140.8 million in cash and short-term investments against $21.5 million of debt, a net cash position of $119.3 million. Its current ratio was 0.15. In the latest quarter (ended June 30, 2026) total assets were $1.1 billion and equity $112.6 million.
Related: SFBC income statement, SFBC cash flow statement, SFBC key metrics. See the SFBC stock overview for the latest quote and news.
SFBC balance sheet FAQ
What are Sound Financial Bancorp's total assets?
Sound Financial Bancorp reported total assets of $1.1 billion at the end of fiscal 2025 (December 31, 2025), compared with $993.6 million a year earlier.
How much debt does Sound Financial Bancorp have?
Sound Financial Bancorp had $21.5 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.20.
How much cash does Sound Financial Bancorp have?
Sound Financial Bancorp held $140.8 million in cash and short-term investments at the end of fiscal 2025; with $21.5 million of debt that is net cash of $119.3 million.
What is Sound Financial Bancorp's book value?
Sound Financial Bancorp's shareholders' equity (book value) was $109.4 million at the end of fiscal 2025, or $42.48 per share.
What is Sound Financial Bancorp's current ratio?
Sound Financial Bancorp had current assets of $144.6 million and current liabilities of $949.5 million, a current ratio of 0.15 (current liabilities exceed current assets).
How much goodwill does Sound Financial Bancorp have?
Sound Financial Bancorp carried $4.2 million of goodwill and intangible assets, 0.4% of total assets, at the end of fiscal 2025.