Sound Financial Bancorp SFBC Net change in advances from borrowers for taxes and insurance
Net change in advances from borrowers for taxes and insurance at other companies
Other financials
Where this comes from
Reported directly by Sound Financial Bancorp in its filing.
Tagged under the XBRL concept sfbc:IncreaseDecreaseinBorrowersAdvancePaymentsforTaxesandInsurance.
The official record: Sound Financial Bancorp’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Sound Financial Bancorp's net change in advances from borrowers for taxes and insurance?
- Sound Financial Bancorp (SFBC) reported net change in advances from borrowers for taxes and insurance of $1.24M in Q1 2026.
- How has Sound Financial Bancorp's net change in advances from borrowers for taxes and insurance changed year-over-year?
- Sound Financial Bancorp's net change in advances from borrowers for taxes and insurance increased by 4.0% year-over-year, from $1.19M to $1.24M.
- What does net change in advances from borrowers for taxes and insurance mean?
- This represents the net change in funds held by the bank on behalf of borrowers for the future payment of property taxes and insurance premiums. These escrow balances are typically held in non-interest-bearing or low-interest accounts and provide a source of liquidity for the bank. Fluctuations in this metric reflect changes in the volume of the serviced loan portfolio and the timing of tax and insurance disbursements.