SOUND BANKING CO
LAKEWOOD, WASHINGTON · FDIC Cert #33183
Capital & Safety Analysis
According to FDIC financial data, SOUND BANKING CO holds a Tier 1 capital ratio of 13.56%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning SOUND BANKING CO has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
SOUND BANKING CO shows strong financial health indicators. With $45M in assets and a Health Score of 71/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
SOUND BANKING CO has a Bank Health Score of B (71/100). It holds a Tier 1 capital ratio of 13.56%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
SOUND BANKING CO holds $45M in total assets and $39M in total deposits. It is located in LAKEWOOD, WASHINGTON (FDIC Certificate #33183).
SOUND BANKING CO has a Tier 1 capital ratio of 13.56%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.00%, and the return on assets is 2.14%.
Yes. SOUND BANKING CO is FDIC-insured (Certificate #33183). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.