secwatch.observer — SEC 8-K summary
======================================

Issuer:     TIMBERLAND BANCORP INC (TSBK)
CIK:        0001046050
Form:       8-K
Filed at:   2022-01-24T23:59:59+00:00
Accession:  0000939057-22-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Timberland Bancorp Q1 fiscal 2022 net income $5.49M ($0.65 EPS); CEO succession, dividend up 5%
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046050/000093905722000014/0000939057-22-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046050/000093905722000014/timb8k12422.htm
  HTML page:      https://secwatch.observer/filing/0000939057-22-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer