---
schema_version: "secwatch.filing_event.v1"
accession: "0000939057-23-000006"
form_type: "8-K"
ticker: "TSBK"
cik: "0001046050"
company_name: "TIMBERLAND BANCORP INC"
filed_at: "2023-01-24T23:59:59+00:00"
generated_at: "2026-06-20T10:27:36.252766+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Timberland Bancorp Q1 net income $7.51M ($0.90 EPS), up 38% YoY; dividend raised 5%

## Summary
- Net income $7.51M ($0.90 diluted EPS) vs $5.49M ($0.65) YoY, up 37% and 38% respectively.
- Net interest margin expanded 111 bps YoY to 4.03%; ROA 1.63%, ROE 13.63%.
- Quarterly cash dividend increased 5% to $0.23 per share, payable Feb 24 to holders of record Feb 10.
- Loans (excl. PPP) grew 20% YoY, up 4% QoQ; non-performing assets at 0.12% of total assets.
- CEO Michael Sand retiring at end of January 2023; will continue on Board.

## SEC filing metadata
- accession: 0000939057-23-000006
- form_type: 8-K
- ticker: TSBK
- cik: 0001046050
- company_name: TIMBERLAND BANCORP INC
- filed_at: 2023-01-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046050/000093905723000006/0000939057-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046050/000093905723000006/timb8k12323.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939057-23-000006
- JSON: https://secwatch.observer/filing/0000939057-23-000006.json
- Plain text: https://secwatch.observer/filing/0000939057-23-000006.txt

## Key facts
- Earnings Releases
  TIMBERLAND BANCORP INC reported the quarter ended December 31, 2022 results: revenue $20.45 million, net income $7.51 million, EPS $0.90 per diluted common share.
  - Period: the quarter ended December 31, 2022
  - Revenue: $20.45 million
  - Net income: $7.51 million
  - EPS: $0.90 per diluted common share
  - Result: reported results
  source text: 31, 2022. Operating Results Operating revenue (net interest income before the provision for loan losses plus non-interest income) for the current quarter increased 27% to $20.45 million from $16.14 million for the comparable quarter one year ago and increased 6% from $19.26 million for the preceding quarter. The increase in operating revenue compared to the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046050/000093905723000006/0000939057-23-000006-index.htm

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