{"schema_version":"secwatch.filing_event.v1","accession":"0000939057-22-000014","form_type":"8-K","ticker":"TSBK","cik":"0001046050","company_name":"TIMBERLAND BANCORP INC","filed_at":"2022-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:04:05.248135+00:00","generated_at":"2026-06-27T16:08:03.715482+00:00","sec_items":["5.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Timberland Bancorp Q1 fiscal 2022 net income $5.49M ($0.65 EPS); CEO succession, dividend up 5%","bullets":["Net income $5.49M, EPS $0.65, down from $0.71 prior quarter and $0.87 year ago.","Net loans (ex-PPP) up 5% during quarter; total deposits up 2% to $1.61B.","Board increases quarterly cash dividend to $0.22/share from $0.21 (5% increase).","CEO Michael Sand to retire Jan 2023; Dean Brydon promoted to President, will become CEO.","CFO transition: Marci Basich promoted to CFO in Jan 2023; Jonathan Fischer appointed Corporate Secretary."],"urls":{"canonical":"https://secwatch.observer/filing/0000939057-22-000014","json":"https://secwatch.observer/filing/0000939057-22-000014.json","markdown":"https://secwatch.observer/filing/0000939057-22-000014.md","text":"https://secwatch.observer/filing/0000939057-22-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1046050/000093905722000014/0000939057-22-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1046050/000093905722000014/timb8k12422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T16:08:03.715482+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"27499fc2b9","claim":"Dean Brydon changed role as President at TIMBERLAND BANCORP INC.","evidence_excerpt":"Executive Vice President and Chief Financial Officer Dean Brydon will be promoted to the position of President for both the Company and the Bank.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1046050/000093905722000014/0000939057-22-000014-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"label":"Role","value":"President"}],"fact_type":"executive_change"},{"claim_id":"b94f3144a6","claim":"Marci Basich was appointed as Chief Financial Officer at TIMBERLAND BANCORP INC.","evidence_excerpt":"Marci Basich, age 53, who currently holds the position of Treasurer, will be promoted to Chief Financial Officer of the Company and the Bank in January 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1046050/000093905722000014/0000939057-22-000014-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"bc099923ac","claim":"Jonathan Fischer was appointed as Corporate Secretary at TIMBERLAND BANCORP INC.","evidence_excerpt":"Mr. Fischer will be appointed as the Corporate Secretary of the Company and the Bank on January 25, 2022 to replace Mr. Brydon who currently serves in these positions.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1046050/000093905722000014/0000939057-22-000014-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Corporate Secretary"}],"fact_type":"executive_change"},{"claim_id":"fb9e325251","claim":"Michael Sand departed as President and Chief Executive Officer at TIMBERLAND BANCORP INC.","evidence_excerpt":"Michael Sand will begin preparing for his transition into retirement from his position as President and Chief Executive Officer of both the Company and the Bank.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1046050/000093905722000014/0000939057-22-000014-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}