Company: SFBC
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001541119-25-000041
Chunk: 46

Company: Sound Financial Bancorp, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Item 1
Chunk 46
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 three months ended September 30,2025, there was one manufactured loan for $47 thousand originated in 2023 that was charged off.(2)During the three months ended September 30,2025, there was one automobile loan for $1 thousand originated in 2021 that was charged off, with the remainder of the gross charge-offs of other consumer loans related entirely to deposit overdrafts. Three Months Ended September 30, 2024 BeginningAllowanceCharge-offsRecoveriesProvision for (Release of) Credit LossesEndingAllowanceOne-to-four family$2,798 $— $— $14 $2,812 Home equity199 — — 15 214 Commercial and multifamily1,130 — — 155 1,285 Construction and land1,072 — — (302)770 Manufactured homes938 — 53 991 Floating homes1,910 — — 150 2,060 Other consumer(1)348 (20)6 23 357 Commercial business98 — — (2)96 Total$8,493 $(20)$6 $106 $8,585 (1)During the three months ended September 30, 2024, the gross charge-offs of other consumer loans related entirely to deposit overdrafts that were charged off.  

Nine Months Ended September 30, 2025 BeginningAllowanceCharge-offsRecoveriesProvision for (Release of) Credit LossesEndingAllowanceOne-to-four family$3,025 $— $— $255 $3,280 Home equity307 — — 47 354 Commercial and multifamily1,218 — — 92 1,310 Construction and land992 — — (659)333 Manufactured homes(1)1,172 (66)— 273 1,379 Floating homes1,282 — — 81 1,363 Other consumer(2)401 (41)28 52 440 Commercial business102 — — 3 105 Total$8,499 $(107)$28 $144 $8,564 (1)During the nine months ended September 30, 2025, there were two manufactured home loans originated in 2022 and 2023 for $19 thousand