🏦Bank Scorer

SOUND BANKING COMPANY

LAKEWOOD, WA · Supervised by FDIC

Est. 1990FDIC #33,183RSSD: FDIC-33183
Satisfactory Same

Current rating · Exam: September 2021

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Adequate

ROA 2.34%

Institution Profile

FDIC BankFind

Address

6107 Lake Grove St Sw, LAKEWOOD, WA

County

Pierce County

Established

November 1, 1990

Total Assets

$42M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

September 1, 2021

Exam Type

Small Bank

Regulator

FDIC
What is a CRA rating? →
Estimated next exam:Sep 2026(based on asset size)

Financial Snapshot

As of Q1 2026Call Report / FDIC

Total Assets

$42M

Total Deposits

$36M

Net Loans

$36M

Net Income

$257K

ROA

2.34%

ROE

18.09%

Risk-Based Capital

18.10%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Branch Footprint

FDIC SOD 2025

Total Branches

1

Branch Deposits

$46M

1-Year Change

0

Rating History

CRA / FFIEC

Rating Trend

→ Stable

Based on last 3 exams

7 previous ratings locked — dating back to 1992

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Rating Over Time

🔒 Locked
OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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