BlastPoint's Banking Scorecard
Sound Banking Company
Micro
Specialty: Commercial
WA
FDIC cert 33183
Designations: ✓ Community bank
Lakewood, WA
2498
banks in Micro tier nationally
11 in WA
View Micro leaderboard (WA) →
Sound Banking Company demonstrates 1 strength
Key Strengths
Areas where this bank excels compared to peers
- + Net Interest Margin 2.44% above tier
Key Concerns
Areas that may need attention
No key concerns identified
Core Metrics
As of 2025-Q4
| Metric | Current | vs Tier | Tier Avg | State Avg (WA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$45.6M
-4.3% YoY
-12.1% QoQ
|
-$171.9M |
$217.5M
+2.3% YoY
|
$3.0B
+0.9% YoY
|
$5.9B
+6.5% YoY
|
Bottom 6% in tier |
| Total Loans ? |
$39.1M
+6.5% YoY
-0.6% QoQ
|
-$100.1M |
$139.2M
+2.8% YoY
|
$2.1B
+0.7% YoY
|
$3.1B
+8.5% YoY
|
Bottom 15% in tier |
| Total Deposits ? |
$39.9M
-5.2% YoY
-13.0% QoQ
|
-$143.7M |
$183.7M
+1.8% YoY
|
$2.5B
+2.4% YoY
|
$4.7B
+6.3% YoY
|
Bottom 7% in tier |
| Return on Assets ? |
1.88%
+6.2% YoY
-24.0% QoQ
|
+0.80% |
1.08%
+14.7% YoY
|
0.73%
+12.9% YoY
|
1.12%
+15.6% YoY
|
Top 12% in tier |
| Net Interest Margin ? |
6.30%
+2.8% YoY
+2.7% QoQ
|
+2.44% |
3.85%
+6.6% YoY
|
3.82%
+5.9% YoY
|
3.75%
+7.1% YoY
|
Top 1% in tier |
| Efficiency Ratio ? |
68.90%
-0.8% YoY
+19.5% QoQ
|
+1.18% |
67.73%
-4.8% YoY
|
71.57%
-0.7% YoY
|
65.09%
-5.1% YoY
|
43% |
| Delinquency Rate ? |
0.04%
-29.6% YoY
-5.6% QoQ
|
-0.60% |
0.64%
+24.4% YoY
|
0.58%
+11.6% YoY
|
0.66%
+20.3% YoY
|
77% |
| Loan-to-Deposit Ratio ? |
97.78%
+12.3% YoY
+14.3% QoQ
|
+23.25% |
74.53%
+0.5% YoY
|
86.62%
+0.7% YoY
|
78.04%
+0.7% YoY
|
Top 11% in tier |
| Non-Interest-Bearing Deposit Share ? |
34.98%
+57.4% YoY
+4.5% QoQ
|
+12.59% |
22.39%
-1.3% YoY
|
25.62%
-3.7% YoY
|
21.79%
-1.3% YoY
|
Top 12% in tier |
| Nonperforming Asset Ratio ? |
0.03%
-21.6% YoY
+6.6% QoQ
|
-0.42% |
0.45%
+25.1% YoY
|
0.45%
+3.2% YoY
|
0.48%
+20.8% YoY
|
76% |
| Tier 1 Capital Ratio ? |
14.13%
-0.9% YoY
+0.2% QoQ
|
+5.28% |
8.85%
-3.4% YoY
|
9.41%
-4.6% YoY
|
9.75%
-1.9% YoY
|
69% |
| Non-Interest Income / Assets ? |
0.54%
+22.5% YoY
+76.3% QoQ
|
-0.02% |
0.56%
+0.3% YoY
|
0.77%
+3.5% YoY
|
0.65%
+0.6% YoY
|
73% |
Signature Analysis
Strengths (1)
Net Interest Margin
metric
Top 1%
in Micro
Why this stands out
Current:
6.30%
(Tier avg: 3.85%, National avg: 3.75%)
Concerns (0)
No concerns identified
Metric Rankings
How this bank ranks across all 12 tracked metrics. Switch cohort to compare against different peer sets.
Strengths: Metrics in the top 25% (75th percentile or higher) Concerns: Metrics in the bottom 25%
Top Strengths
99
99th pctile
Net Interest Margin
Current: 6.30% · Tier avg: 3.85%
89
89th pctile
Loan-to-Deposit Ratio
Current: 97.78% · Tier avg: 74.53%
88
88th pctile
Non-Interest-Bearing Deposit Share
Current: 34.98% · Tier avg: 22.39%
88
88th pctile
Return on Assets
Current: 1.88% · Tier avg: 1.08%
77
77th pctile
Delinquency Rate
Current: 0.04% · Tier avg: 0.64%
76
76th pctile
Nonperforming Asset Ratio
Current: 0.03% · Tier avg: 0.45%
73
73th pctile
Non-Interest Income / Assets
Current: 0.54% · Tier avg: 0.56%
69
69th pctile
Tier 1 Capital Ratio
Current: 14.13% · Tier avg: 8.85%
43
43th pctile
Efficiency Ratio
Current: 68.90% · Tier avg: 67.73%
15
15th pctile
Total Loans
Current: $39.1M · Tier avg: $139.2M
7
7th pctile
Total Deposits
Current: $39.9M · Tier avg: $183.7M
6
6th pctile
Total Assets
Current: $45.6M · Tier avg: $217.5M
Top Weaknesses
6
6th pctile
Total Assets
Current: $45.6M · Tier avg: $217.5M
7
7th pctile
Total Deposits
Current: $39.9M · Tier avg: $183.7M
15
15th pctile
Total Loans
Current: $39.1M · Tier avg: $139.2M
43
43th pctile
Efficiency Ratio
Current: 68.90% · Tier avg: 67.73%
69
69th pctile
Tier 1 Capital Ratio
Current: 14.13% · Tier avg: 8.85%
73
73th pctile
Non-Interest Income / Assets
Current: 0.54% · Tier avg: 0.56%
76
76th pctile
Nonperforming Asset Ratio
Current: 0.03% · Tier avg: 0.45%
77
77th pctile
Delinquency Rate
Current: 0.04% · Tier avg: 0.64%
88
88th pctile
Return on Assets
Current: 1.88% · Tier avg: 1.08%
88
88th pctile
Non-Interest-Bearing Deposit Share
Current: 34.98% · Tier avg: 22.39%
89
89th pctile
Loan-to-Deposit Ratio
Current: 97.78% · Tier avg: 74.53%
99
99th pctile
Net Interest Margin
Current: 6.30% · Tier avg: 3.85%