---
schema_version: "secwatch.filing_event.v1"
accession: "0000939057-23-000109"
form_type: "8-K"
ticker: "FSBW"
cik: "0001530249"
company_name: "FS Bancorp, Inc."
filed_at: "2023-04-11T23:59:59+00:00"
generated_at: "2026-06-17T03:37:21.185802+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# FS Bancorp names Ben Crowl as CLO; Dennis O'Leary transitions to new role effective July 1

## Summary
- Dennis O'Leary steps down as CLO effective July 1, 2023; will oversee Commercial Real Estate & Construction Lending.
- Ben Crowl, age 38, appointed as Chief Lending Officer, succeeding O'Leary; previously SVP, Director of Consumer Lending.
- Crowl joined the Bank in 2018, has 15+ years banking experience; holds BS from Northern Arizona University and PCBS honors.
- O'Leary served as CLO since 2013; bank grew from $285M to $2.63B in assets under his leadership.
- Transition described as planned succession; O'Leary will mentor Crowl through the change.

## SEC filing metadata
- accession: 0000939057-23-000109
- form_type: 8-K
- ticker: FSBW
- cik: 0001530249
- company_name: FS Bancorp, Inc.
- filed_at: 2023-04-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1530249/000093905723000109/0000939057-23-000109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1530249/000093905723000109/8k41123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939057-23-000109
- JSON: https://secwatch.observer/filing/0000939057-23-000109.json
- Plain text: https://secwatch.observer/filing/0000939057-23-000109.txt

## Key facts
- Executive change
  Ben Crowl was appointed as Chief Lending Officer at FS Bancorp, Inc..
  - Action: appointed
  - Role: Chief Lending Officer
  source text: the Bank announced that it will appoint Ben Crowl, age 38, as Chief Lending Officer of the Bank, as successor to Mr. O’Leary.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1530249/000093905723000109/0000939057-23-000109-index.htm
- Executive change
  Dennis O'Leary changed role as Chief Lending Officer at FS Bancorp, Inc..
  - Action: stepped down
  - Role: Chief Lending Officer
  source text: Dennis O’Leary, Chief Lending Officer, will step down from his current position at the Bank and transition into a management role that oversees the Commercial Real Estate and Construction Lending team, effective July 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1530249/000093905723000109/0000939057-23-000109-index.htm

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