BlastPoint's Banking Scorecard
Sound Banking Company
Designations: ✓ Community bank
Lakewood, WA
NEW · Q2 2026 RECAP
Your Quarter, Wrapped
A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.
Q2 2026 at a glance
- 1 of 536 banks in the under $100M peer group nationwide — 1 of 4 in WA.
- Deposits -13.7% year over year ($39.6M on the books).
- Delinquency rate 0.00%.
- Return on assets 2.52%.
- Efficiency ratio 61.35% vs a 119.40% peer average.
- Loan-to-deposit ratio 96.57% vs a 74.21% peer average.
Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.
Sound Banking Company demonstrates 5 strengths
Key Strengths
Areas where this bank excels compared to peers
- + Return on Assets 1.53% above tier average
- + Net Interest Margin 3.04% above tier average
- + Delinquency Rate 1.48% below tier average
- + Nonperforming Asset Ratio 0.84% below tier average
- + Efficiency Ratio 58.04% below tier average
Key Concerns
Areas that may need attention
No key concerns identified
Core Metrics
As of 2026-Q2
| Metric | Current | vs Tier | Tier Avg | State Avg (WA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$45.2M
-12.1% YoY
+6.6% QoQ
|
-$17.3M |
$62.4M
-0.0% YoY
|
$3.2B
+7.3% YoY
|
$6.3B
+7.7% YoY
|
26% |
| Total Loans ? |
$38.2M
-2.0% YoY
+7.6% QoQ
|
+$3.3M |
$34.9M
-0.6% YoY
|
$2.3B
+6.2% YoY
|
$3.2B
+9.4% YoY
|
60% |
| Total Deposits ? |
$39.6M
-13.7% YoY
+8.6% QoQ
|
-$12.0M |
$51.6M
-0.2% YoY
|
$2.6B
+6.6% YoY
|
$4.9B
+7.3% YoY
|
30% |
| Return on Assets ? |
2.52%
+1.5% YoY
+8.0% QoQ
|
+1.53% |
1.00%
+3.5% YoY
|
0.49%
-20.7% YoY
|
1.30%
+12.1% YoY
|
Top 4.9% in tier |
| Net Interest Margin ? |
6.96%
+12.0% YoY
+2.0% QoQ
|
+3.04% |
3.91%
+2.3% YoY
|
3.77%
+1.0% YoY
|
3.95%
+4.9% YoY
|
Top 0.4% in tier |
| Efficiency Ratio ? |
61.35%
+6.2% YoY
-3.4% QoQ
|
-58.04% |
119.40%
+49.6% YoY
|
77.86%
+4.3% YoY
|
70.05%
+2.5% YoY
|
71% |
| Delinquency Rate ? |
0.00%
-100.0% YoY
-100.0% QoQ
|
-1.48% |
1.48%
+31.8% YoY
|
2.42%
+282.9% YoY
|
0.98%
+16.3% YoY
|
Top 0.1% in tier |
| Loan-to-Deposit Ratio ? |
96.57%
+13.7% YoY
-1.0% QoQ
|
+22.36% |
74.21%
+12.6% YoY
|
82.67%
-3.3% YoY
|
79.03%
+2.3% YoY
|
Bottom 12.5% in tier |
| Non-Interest-Bearing Deposit Share ? |
32.10%
-13.1% YoY
+18.1% QoQ
|
+8.61% |
23.49%
+0.6% YoY
|
25.26%
+1.1% YoY
|
21.98%
-0.6% YoY
|
80% |
| Nonperforming Asset Ratio ? |
0.00%
-100.0% YoY
-100.0% QoQ
|
-0.84% |
0.84%
+23.0% YoY
|
1.67%
+187.6% YoY
|
0.69%
+15.8% YoY
|
Top 0.1% in tier |
| Tier 1 Capital Ratio ? |
15.27%
+10.6% YoY
-9.3% QoQ
|
-11.86% |
27.13%
+3.0% YoY
|
12.96%
-1.6% YoY
|
17.09%
+0.8% YoY
|
49% |
| Non-Interest Income / Assets ? |
0.24%
+26.7% YoY
+87.6% QoQ
|
-1.14% |
1.38%
+6.3% YoY
|
0.42%
+15.9% YoY
|
0.66%
+5.2% YoY
|
77% |
Additional Detail
Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2
Additional Detail
Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2
Deposit Composition
% of total deposits
| Metric | Current | vs Tier | Tier Avg | State Avg (WA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Noninterest-Bearing |
32.1%
-4.8pp YoY +4.9pp QoQ |
+7.5pp | 24.6% | 25.3% | 22.2% | 79% |
| Brokered Deposits | n/a | n/a | 9.8% | 8.9% | 8.5% | n/a |
Loan Composition
% of total loans & leases
| Metric | Current | vs Tier | Tier Avg | State Avg (WA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| C&I |
5.1%
-3.5pp YoY -0.9pp QoQ |
-8.3pp | 13.4% | 10.5% | 12.5% | 21% |
| CRE |
53.3%
-1.4pp YoY -2.2pp QoQ |
+28.1pp | 25.2% | 50.6% | 41.4% | 94% |
| 1-4 Family |
41.4%
+4.6pp YoY +2.9pp QoQ |
+6.4pp | 35.0% | 30.1% | 31.3% | 64% |
| Consumer |
0.1%
0.0pp YoY 0.0pp QoQ |
-7.6pp | 7.7% | 7.9% | 5.0% | 1% |
Capital
| Metric | Current | vs Tier | Tier Avg | State Avg (WA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| CET1 Ratio |
15.3%
+1.5pp YoY -1.6pp QoQ |
-23.4pp | 38.7% | 12.7% | 19.7% | 24% |
| Leverage Ratio |
12.1%
+0.8pp YoY -1.0pp QoQ |
-5.6pp | 17.7% | 10.7% | 12.6% | 41% |
| Total Capital Ratio |
16.5%
+1.5pp YoY -1.6pp QoQ |
-23.1pp | 39.7% | 13.8% | 20.8% | 25% |
Efficiency & Staffing
| Metric | Current | vs Tier | Tier Avg | State Avg (WA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Full-Time Employees |
5
0 YoY 0 QoQ |
-7 | 12 | 343 | 482 | 7% |
| Assets per Employee ($) |
$9.0M
-12.1% YoY +6.6% QoQ |
+$2.8M | $6.2M | $8.5M | $8.8M | 88% |
| Branch Count |
1
0 YoY 0 QoQ |
-1 | 1 | 24 | 18 | 0% |
Asset Quality
| Metric | Current | vs Tier | Tier Avg | State Avg (WA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Past Due 90+ Days | n/a | n/a | 1.0% | 0.4% | 0.4% | n/a |
| Nonaccrual | n/a | n/a | 1.7% | 2.6% | 1.0% | n/a |
| Allowance Coverage | n/a | n/a | 6.41x | 4.50x | 20.23x | n/a |
| Net Charge-off Rate (YTD) | 0.1% | -0.1pp | 0.2% | 0.4% | 0.2% | 61% |
Profitability
| Metric | Current | vs Tier | Tier Avg | State Avg (WA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| ROE |
20.0%
-2.7pp YoY +1.9pp QoQ |
+13.6pp | 6.4% | -2.7% | 11.6% | 94% |
| Cost of Funds (YTD) |
1.3%
-0.1pp YoY 0.0pp QoQ |
-0.1pp | 1.4% | 1.8% | 1.7% | 48% |
| Net Income ($, YTD) |
$560,000
-10.5% YoY — QoQ |
+$242K | $317,817 | $14.3M | $40.4M | 80% |
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Signature Analysis
Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.
Strengths (0)
Concerns (0)
Metric Rankings
See how this bank ranks across all tracked metrics compared to peers.