---
schema_version: "secwatch.filing_event.v1"
accession: "0000939057-22-000013"
form_type: "8-K"
ticker: "TSBK"
cik: "0001046050"
company_name: "TIMBERLAND BANCORP INC"
filed_at: "2022-01-24T23:59:59+00:00"
generated_at: "2026-06-27T16:07:58.884123+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Timberland Bancorp Q1 net income $5.49M ($0.65 EPS); raises dividend to $0.22

## Summary
- Net income $5.49M ($0.65 diluted EPS) vs $6.02M ($0.71) prior quarter and $7.29M ($0.87) year ago.
- Quarterly cash dividend increased $0.01 to $0.22 per share; payable Feb 25 to holders of record Feb 11.
- Loans (ex-PPP) grew 5% ($45.1M) during quarter; PPP loans declined to $21.4M from $40.9M.
- CEO succession plan: Dean Brydon promoted to President, to assume CEO role in Jan 2023.
- Net interest margin 2.92%; non-performing assets ratio 0.17%; no loan loss provision.

## SEC filing metadata
- accession: 0000939057-22-000013
- form_type: 8-K
- ticker: TSBK
- cik: 0001046050
- company_name: TIMBERLAND BANCORP INC
- filed_at: 2022-01-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046050/000093905722000013/0000939057-22-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046050/000093905722000013/timb8ker12422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939057-22-000013
- JSON: https://secwatch.observer/filing/0000939057-22-000013.json
- Plain text: https://secwatch.observer/filing/0000939057-22-000013.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.