Company: SFBC
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001541119-25-000041
Chunk: 38

Company: Sound Financial Bancorp, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Item 1
Chunk 38
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 value adjustment on mortgage servicing rights551 81 Right of use assets amortization759 717 Change in lease liabilities(783)(742)Change in cash surrender value of BOLI(648)(498)Net change in advances from borrowers for taxes and insurance856 937 Net gain on disposal of premises and equipment, net— (30)Net gain on sale of loans(187)(205)Proceeds from sale of loans held-for-sale10,973 10,722 Originations of loans held-for-sale(12,932)(10,952)Net gain on OREO and repossessed assets— (17)Change in operating assets and liabilities:Accrued interest receivable(425)(253)Other assets479 (643)Accrued interest payable9 91 Other liabilities897 148 Net cash provided by operating activities5,156 2,779 CASH FLOWS FROM INVESTING ACTIVITIES:Proceeds from principal payments, maturities and sales of available-for-sale securities222 307 Proceeds from principal payments of held-to-maturity securities231 27 Net increase in loans(7,692)(6,598)Purchase of BOLI— (5)Purchases of premises and equipment, net(100)(50)Proceeds from disposal of premises and equipment, net— 30 Proceeds from sale of OREO and other repossessed assets— 592 Net cash used in investing activities(7,339)(5,697)CASH FLOWS FROM FINANCING ACTIVITIES:Net increase in deposits61,144 103,658 FHLB stock purchased(5)(9)Common stock repurchases— (65)Purchase of common stock surrendered to pay tax liability— (218)Dividends paid on common stock(1,462)(1,459)Proceeds from common stock option exercises21 251 Net cash provided by financing activities59,698 102,158 Net change in cash and cash equivalents57,515 99,240 Cash and cash equivalents, beginning of period43,641 49,690 Cash and cash equivalents, end of period$101,156 $148,930 SUPPLEMENTAL CASH FLOW INFORMATION:Cash paid for income taxes$762 $407 Interest paid on deposits and borrowings16,998 19,765 Noncash investing and financing activities:Loans transferred from loans