Company: SFBC
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001541119-25-000023
Chunk: 7

Company: Sound Financial Bancorp, Inc.
Filing Date: 2025-05-13
Form: 10-Q
Item: Item 2
Chunk 7
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 December 31, 2024ACL - loans as a percentage of total loans outstanding0.95 %0.94 %ACL — loans$8,393 $8,499 Total loans outstanding$887,847 $901,827 Nonaccrual loans as a percentage of total loans outstanding1.09 %0.83 %Total nonaccrual loans$9,653 $7,491 Total loans outstanding$887,847 $901,827 ACL - loans as a percentage of nonaccrual loans86.95 %113.46 %ACL — loans$8,393 $8,499 Total nonaccrual loans$9,653 $7,491 ACL as a percentage of total loans outstanding0.96 %0.97 %ACL$8,509 $8,733 Total loans outstanding$887,847 $901,827 ACL as a percentage of nonaccrual loans88.15 %116.58 %ACL$8,509 $8,733 Total nonaccrual loans$9,653 $7,491 

31

Three Months Ended March 31,20252024($ in thousands)Net recoveries (charge-offs) during period to average loans outstanding:One-to-four family:— %— %Net (charge-offs)/recoveries$— $— Average loans outstanding$266,980 $278,472 Home equity:— %— %Net (charge-offs)/recoveries$— $— Average loans outstanding$27,562 $23,300 Commercial and multifamily real estate:— %— %Net (charge-offs)/recoveries$— $— Average loans outstanding$377,925 $313,139 Construction and land:— %— %Net (charge-offs)/recoveries$— $— Average loans outstanding$65,187 $125,643 Manufactured homes:(0.19)%(0.25)%Net (charge-offs)/recoveries$(19)$(23)Average loans outstanding$41,587 $36,716 Floating homes:— %— %Net (charge-offs)/recoveries$— $— Average loans outstanding$85,593 $78,797 Other consumer:(0.05)%(0.70)%Net (charge-offs