-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QAUbuNPnCriN6T6MsSr0oeTB3lZHNO2rbQsS81gJs6pajkiAwDMNhPNKXR2MTn82 1ySwQO8DqHwVrjIlAHii0A== 0001157523-09-003150.txt : 20090429 0001157523-09-003150.hdr.sgml : 20090429 20090429161521 ACCESSION NUMBER: 0001157523-09-003150 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090429 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090429 DATE AS OF CHANGE: 20090429 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Sound Financial, Inc. CENTRAL INDEX KEY: 0001410087 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 260776123 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-52889 FILM NUMBER: 09779421 BUSINESS ADDRESS: STREET 1: 2005 FIFTH AVENUE, 2ND FLOOR CITY: SEATTLE STATE: WA ZIP: 98121 BUSINESS PHONE: 206-448-0884 MAIL ADDRESS: STREET 1: 2005 FIFTH AVENUE, 2ND FLOOR CITY: SEATTLE STATE: WA ZIP: 98121 8-K 1 a5952137.htm SOUND FINANCIAL, INC. 8-K


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 29, 2009 (April 29, 2009)

SOUND FINANCIAL, INC.

(Exact name of Registrant as specified in its Charter)

United States

 

000-52889

 

26-0776123

(State or other jurisdiction

of incorporation)

(Commission File No.)

(IRS Employer Identification
Number)

2005 5th Avenue, Second Floor, Seattle, Washington

 

98121

(Address of principal executive offices)

(Zip Code)

Registrant's telephone number, including area code: (206) 448-0884

 
 

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 8.01     Other Events

On April 29, 2009, Sound Financial, Inc. issued a press release announcing their purchase of the Port Angeles Branch of 1st Security Bank of Washington.  A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

Item 9.01     Financial Statements and Exhibits

(c)           The following exhibit is filed as part of this report.

Exhibit 99.1    Press Release dated April 29, 2009.




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.

SOUND FINANCIAL, INC.

 
Date:

April 29, 2009

By:

/s/

Laura Lee Stewart

 

Laura Lee Stewart

 

President and Chief Executive Officer



|
EXHIBIT INDEX

Exhibit Number   Description
 
99.1 Press Release, dated April 29, 2009

EX-99.1 2 a5952137ex991.htm EXHIBIT 99.1

Exhibit 99.1

Sound Community Bank to Acquire Port Angeles Branch of 1st Security Bank of Washington

SEATTLE--(BUSINESS WIRE)--April 29, 2009--Sound Community Bank, a subsidiary of Sound Financial Inc. (OTCBB:SNFL), announced today that it is purchasing the Port Angeles Office of 1st Security Bank of Washington. In the transaction, Sound Community Bank will acquire the 1st Security Bank deposits, deposit-related loans and the branch facility located at 1405 E. Front Street.

Joe Adams, Chief Executive Officer of 1st Security Bank noted, “Sound Community Bank was clearly looking to expand their presence on the peninsula, while we’ve been seeking to re-focus on our core business markets located in the central Puget Sound corridor. It’s a win-win for both banks. We also feel good that our customers in Port Angeles will be served by a company that shares our strong commitment to high quality customer service.”

Sound Community Bank President and CEO Laurie Stewart added, “We’re really excited about becoming a part of the Port Angeles Community. Our Sequim office already has a nice following in Port Angeles and this opportunity provides us a way to better service them. The addition of the 1st Security branch gives us a great head start and allows us to significantly accelerate our business plan on the peninsula.”

The transaction remains subject to regulatory approval and is expected to close in the second quarter of 2009. Sound Community Bank had previously announced its expansion into Port Angeles. The new full-service Port Angeles branch is currently under construction at 110 N. Alder Street.

Sound Community Bank is a full-service bank, providing personal and business banking services in communities across the greater Puget Sound region. The Seattle-based company operates banking offices in King, Pierce, Snohomish and Clallam Counties, and is on the web at www.soundcb.com.

1st Security Bank of Washington, based in Mountlake Terrace, provides a full range of banking services to individuals and businesses. It has branches throughout the Puget Sound area. More information can be found at www.fsbwa.com.


Forward-Looking Statements

This report contains statements that are not historical or current fact and constitute forward-looking statements. In some cases, you can identify these statements by words such as "may", "might", "will", "should", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict", "potential", or "continue", the negative of these terms and other comparable terminology. Such forward-looking statements, which are based on various underlying assumptions and expectations and are subject to risks, uncertainties and other unknown factors, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events, and there are or may be important factors that could cause our actual results to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Unless required by law, we undertake no obligation to publicly update or revise any forward-looking statement to reflect circumstances or events after the date of this press release.

Results of operations and business are subject to various factors which could cause actual results to differ materially from these estimates and most other statements that are not historical in nature. These factors include, but are not limited to, general and local economic conditions, changes in interest rates, deposit flows, demand for mortgage, consumer and other loans, real estate values, competition, changes in accounting principles, policies or guidelines, changes in legislation or regulation, and other economic, competitive, governmental, regulatory and technological factors affecting our operations, pricing, products and services.

CONTACT:
Sound Community Bank - Media:
Scott Boyer, 206-448-0884, x-312
or

Sound Community Bank - Financial:
Matt Deines, 206-448-0884, x-305
or
1st Security Bank – Media & Financial:
Brad Canfield, 425-697-8053

-----END PRIVACY-ENHANCED MESSAGE-----