Company: SFBC
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001541119-25-000034
Chunk: 41

Company: Sound Financial Bancorp, Inc.
Filing Date: 2025-08-12
Form: 10-Q
Item: Item 1
Chunk 41
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 HTM securities and the corresponding amounts of gross unrealized gains and losses at the dates indicated were as follows (in thousands): AmortizedCostGrossUnrealizedGainsGrossUnrealizedLossesEstimatedFair ValueJune 30, 2025Municipal bonds$704 $— $(191)$513 Agency mortgage-backed securities1,409 — (235)1,174 Total$2,113 $— $(426)$1,687 December 31, 2024Municipal bonds$704 $— $(163)$541 Agency mortgage-backed securities1,426 — (255)1,171 Total$2,130 $— $(418)$1,712 The amortized cost and estimated fair value of AFS and HTM securities at June 30, 2025, by contractual maturity, are shown below (in thousands). Expected maturities of AFS securities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Investments not due at a single maturity date, consisting of agency mortgage-backed securities, are shown separately.June 30, 2025Available-for-saleHeld-to-maturityAmortizedCostEstimated Fair ValueAmortizedCostEstimated Fair ValueDue after one year through five years$454 $455 $— $— Due after five years through ten years1,717 1,623 — — Due after ten years4,162 3,136 704 512 Agency mortgage-backed securities2,616 2,307 1,409 1,175 Total$8,949 $7,521 $2,113 $1,687 There were no pledged securities at June 30, 2025 or December 31, 2024.There were no sales of AFS or HTM securities during the three and six months ended June 30, 2025 and 2024. 

10

Accrued interest receivable on securities totaled $48 thousand at both June 30, 2025 and December 31, 2024, in the accompanying Condensed Consolidated Balance Sheets.  Accrued interest receivable is excluded from the allowance for credit losses. The following table summarizes the aggregate fair value and gross unrealized loss by length of time of those investments for which an allowance for credit losses has not been