Sound Financial Inc. (SNFL.OB) Announces Financial Results for Quarter Ended June 30, 2010
On August 4, 2010, Sound Financial Inc., the holding company for Sound Community Bank, announced financial results for the quarter ended June 30, 2010. Sound Community Bank remains "Well Capitalized" with Tier 1 Capital of 7.40 percent and Total Risk Based Capital of 11.08 percent at June 30, 2010. The Company's President and CEO, Laurie Stewart, said, "Despite the economic environment, we achieved positive results in our core business lines during the second quarter. We remain focused on improving credit quality, maintaining our net interest margin and increasing business efficiencies. With signs of stabilizing employment levels and real estate prices…