Timberland Q3 EPS $0.83, up 12% YoY; declares $0.21 quarterly + $0.10 special dividend

TIMBERLAND BANCORP INC

2021-Q3 EPS reported $2.55

Net income $7.02M, up 13% YoY; diluted EPS $0.83 vs $0.74 year ago.
No provision for loan losses; NIM 3.22% vs 3.21% prior quarter.
Ex-PPP loans grew 6% annualized; deposits up 15% YoY to $1.52B.
Non-performing assets ratio improved to 0.14%; net recoveries of $35K.
Board appointed Parul Bhandari (Microsoft); $0.21 quarterly + $0.10 special dividend, payable Aug 27.

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