Sound Financial, Inc. (OTC:SNFL) has released the results for its fourth quarter ended December 31, 2009. The company’s net loss of the quarter was $199,846, or $0.07 per diluted share. The net loss for the comparable period of 2008 was $51,230, or $0.01 per diluted share. The year-end net loss was $351,469, or $0.12 per share, while the previous year had a net income of $261,575, or $0.09 per share.
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The company’s Board of Directors has declared a regular quarterly cash dividend of $0.02 per common share. This marks the 8th consecutive quarterly cash dividend that has been paid to the company’s shareholders since its first public offering in January 2008. The dividend is payable to shareholders of record as of February 19, 2010 on February 25, 2010.
Sound Financial Inc. is the holding company for Sound Community Bank, 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.
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