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Deal Overview

Buyer:
Sound Financial Bancorp, Inc.
Actual Acquirer:
Sound Community Bank
Target:
3 Branches
Deal Type:
Bank & Thrift Branch
Seller:
Columbia Banking System, Inc.
Agreement Date:
5/9/2014
Announcement Date:
5/16/2014
Number of Target Branches
3
Branch Locations
Port Angeles
WA
Port Ludlow
WA
Sequim
WA
Franchise Premium ($ 000)
588
Tangible Book Premium/ Deposits (%)
2.35
Status:
Completed
Completion Date:
8/22/2014

Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 25,000
Total Assets ($ 000) 24,413
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer NA NA
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Silver Freedman Taff & Tiernan
Seller NA NA

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