Company: SFBC
Filing Date: 2025-03-18
Form Type: 10-K
Source: 0001541119-25-000009
Chunk: 156

Company: Sound Financial Bancorp, Inc.
Filing Date: 2025-03-18
Form: 10-K
Item: Item 8
Chunk 156
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FairValueWeighted-Average YieldAmortizedCostFairValueWeighted-Average YieldDue in one year or less$— $— — %$— $— — %Due after one to five years455 455 5.06 — — — Due after five to ten years1,200 1,210 5.43 — — — Due after ten years4,699 3,708 2.60 704 540 3.04 Mortgage-backed securities2,758 2,417 3.32 1,426 1,172 2.51 Total$9,112 $7,790 3.31 %$2,130 $1,712 2.69 %There were no pledged securities at December 31, 2024 and 2023. There were no sales of AFS or HTM securities during the years ended December 31, 2024 and 2023.  Accrued interest receivable on securities totaled $48 thousand and $49 thousand at December 31, 2024 and 2023, respectively, in the accompanying Condensed Consolidated Balance Sheets.  Accrued interest receivable is excluded from the estimate of expected credit losses. The following tables summarize the aggregate fair value and gross unrealized loss by length of time of those investments that have been in a continuous unrealized loss position at December 31, 2024 and 2023 (in thousands). December 31, 2024 Less Than 12 Months12 Months or LongerTotal FairValueUnrealizedLossFairValueUnrealizedLossFairValueUnrealizedLossAFS securitiesMunicipal bonds$— $— $3,708 $(991)$3,708 $(991)Agency mortgage-backed securities44 (2)2,020 (347)2,064 (349)Total AFS securities$44 $(2)$5,728 $(1,338)$5,772 $(1,340)HTM securitiesMunicipal bonds$— $— $540 $(163)$540 $(163)Agency mortgage-backed securities— — 1,172 (255)1,172 (255)Total HTM securities$— $— $1,712 $(418)$1,712 $(418)

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 December