Company: SFBC
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001541119-25-000034
Chunk: 58

Company: Sound Financial Bancorp, Inc.
Filing Date: 2025-08-12
Form: 10-Q
Item: Item 1
Chunk 58
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 during the three and six months ended June 30, 2025 and 2024.

21

The following tables present information about the level in the fair value hierarchy for the Company’s financial assets and liabilities, whether recognized or recorded at fair value or not as of the dates indicated (in thousands):  June 30, 2025Fair Value Measurements Using: CarryingValueEstimatedFair ValueLevel 1Level 2Level 3FINANCIAL ASSETS:     Cash and cash equivalents$102,542 $102,542 $102,542 $— $— Available-for-sale securities7,521 7,521 — 7,521 — Held-to-maturity securities2,113 1,687 — 1,687 — Loans held-for-sale2,025 2,025 — 2,025 —    Loans held-for-portfolio, net895,750 860,566 — — 860,566 Mortgage servicing rights4,638 4,638 — — 4,638 FINANCIAL LIABILITIES:   Time deposits293,881 294,173 — 294,173 — Borrowings25,000 25,000 — 25,000 — Subordinated notes11,780 12,567 — 12,567 —  December 31, 2024Fair Value Measurements Using: CarryingValueEstimatedFair ValueLevel 1Level 2Level 3FINANCIAL ASSETS:     Cash and cash equivalents$43,641 $43,641 $43,641 $— $— Available-for-sale securities7,790 7,790 — 7,790 — Held-to-maturity securities2,130 1,712 — 1,712 — Loans held-for-sale487 487 — 487 — Loans held-for-portfolio, net891,672 850,813 — — 850,813 Mortgage servicing rights4,769 4,769 — — 4,769 FINANCIAL LIABILITIES:Time deposits295,822 296,575 — 296,575 — Borrowings25,000 25,000 — 25,000 — Subordinated notes11,759