Company: SFBC
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001541119-25-000034
Chunk: 99

Company: Sound Financial Bancorp, Inc.
Filing Date: 2025-08-12
Form: 10-Q
Item: Item 8
Chunk 99
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 hierarchy for the Company’s financial assets and liabilities, whether recognized or recorded at fair value or not as of the dates indicated (in thousands):  June 30, 2025Fair Value Measurements Using: CarryingValueEstimatedFair ValueLevel 1Level 2Level 3FINANCIAL ASSETS:     Cash and cash equivalents$102,542 $102,542 $102,542 $— $— Available-for-sale securities7,521 7,521 — 7,521 — Held-to-maturity securities2,113 1,687 — 1,687 — Loans held-for-sale2,025 2,025 — 2,025 —    Loans held-for-portfolio, net895,750 860,566 — — 860,566 Mortgage servicing rights4,638 4,638 — — 4,638 FINANCIAL LIABILITIES:   Time deposits293,881 294,173 — 294,173 — Borrowings25,000 25,000 — 25,000 — Subordinated notes11,780 12,567 — 12,567 —  December 31, 2024Fair Value Measurements Using: CarryingValueEstimatedFair ValueLevel 1Level 2Level 3FINANCIAL ASSETS:     Cash and cash equivalents$43,641 $43,641 $43,641 $— $— Available-for-sale securities7,790 7,790 — 7,790 — Held-to-maturity securities2,130 1,712 — 1,712 — Loans held-for-sale487 487 — 487 — Loans held-for-portfolio, net891,672 850,813 — — 850,813 Mortgage servicing rights4,769 4,769 — — 4,769 FINANCIAL LIABILITIES:Time deposits295,822 296,575 — 296,575 — Borrowings25,000 25,000 — 25,000 — Subordinated notes11,759 12,653 — 12,653 — 

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The following tables present the balance of assets measured at fair value on a recurring basis as