Company: SFBC
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001541119-25-000034
Chunk: 65

Company: Sound Financial Bancorp, Inc.
Filing Date: 2025-08-12
Form: 10-Q
Item: Item 1
Chunk 65
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ization of right-of-use assets13 — 13 — Interest on lease liabilities3 — 3 — Sublease income— (1)— (4)Net lease expense$291 $269 $564 $536 The following table presents the schedule of lease liability payments at the date indicated (in thousands):June 30, Finance LeasesOperating LeasesTotal Lease Payments2026$29 $1,158 $1,187 202729 1,132 1,161 202829 1,086 1,115 202929 865 894 203014 106 120 Total lease payments130 4,347 4,477 Less: Present value discount12 252 264 Present value of lease liabilities$118 $4,095 $4,213 

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Lease term and discount rate by lease type consisted of the following at the dates indicated:June 30,2025December 31,2024Weighted-average remaining lease term:Operating leases3.9 years4.3 yearsFinance leases4.5 years0.0 yearsWeighted-average discount rate (annualized):Operating leases3.09 %2.88 %Finance leases4.41 %— %Supplemental cash flow information related to leases was as follows for the periods indicated (in thousands):Three Months Ended June 30,Six Months Ended June 30,2025202420252024Cash paid for amounts included in the measurement of lease liabilities for operating leases:Operating cash flows:Operating leases$280 $280 $559 $558 Finance leases3 — 3 — Financing cash flows:Finance leases12 — 12 — 

Note 11 – Subsequent Events 

On July 29, 2025, the Company announced that its Board of Directors declared a quarterly cash dividend of $0.19 per common share, payable on August 25, 2025 to stockholders of record at the close of business on August 11, 2025. 

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