---
schema_version: "secwatch.filing_event.v1"
accession: "0000939057-23-000114"
form_type: "8-K"
ticker: "TSBK"
cik: "0001046050"
company_name: "TIMBERLAND BANCORP INC"
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T07:52:07.846551+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Timberland Bancorp Q2 net income $6.66M, EPS $0.80, up 25% YoY

## Summary
- Net income $6.66M ($0.80 EPS) vs $5.33M ($0.63) a year ago; ROAA 1.48%, ROAE 11.86%.
- Net interest margin expanded to 3.99% from 2.95% YoY; net interest income $17.15M (+33%).
- Loan portfolio grew 17% YoY to $1.21B net; provision for loan losses $475K for quarter.
- Total deposits $1.55B, down 3% sequentially; only 12% of deposits uninsured at quarter end.
- Quarterly dividend $0.23/sh, payable May 26; non-performing assets at 0.12% of total assets.

## SEC filing metadata
- accession: 0000939057-23-000114
- form_type: 8-K
- ticker: TSBK
- cik: 0001046050
- company_name: TIMBERLAND BANCORP INC
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046050/000093905723000114/0000939057-23-000114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046050/000093905723000114/timb8k42523.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939057-23-000114
- JSON: https://secwatch.observer/filing/0000939057-23-000114.json
- Plain text: https://secwatch.observer/filing/0000939057-23-000114.txt

## Key facts
- Earnings Releases
  TIMBERLAND BANCORP INC reported the first six months of fiscal 2023 results: revenue $40.24 million, net income $14.17 million, EPS $1.70 per diluted common share.
  - Period: the first six months of fiscal 2023
  - Revenue: $40.24 million
  - Net income: $14.17 million
  - EPS: $1.70 per diluted common share
  - Result: reported results
  source text: was primarily due to a decrease in net interest income as funding costs increased at a greater pace than interest income increased. Operating revenue increased by 25% to $40.24 million for the first six months of fiscal 2023 from $32.11 million for the first six months of fiscal 2022, primarily due to increased interest income from loans, overnight funds, and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046050/000093905723000114/0000939057-23-000114-index.htm
- Earnings Releases
  TIMBERLAND BANCORP INC reported the quarter ended March 31, 2023 results: revenue $19.79 million, net income $6.66 million, EPS $0.80 per diluted common share.
  - Period: the quarter ended March 31, 2023
  - Revenue: $19.79 million
  - Net income: $6.66 million
  - EPS: $0.80 per diluted common share
  - Result: reported results
  source text: Reserve. Operating Results Operating revenue (net interest income before the provision for loan losses plus non-interest income) for the current quarter increased 24% to $19.79 million from $15.98 million for the comparable quarter one year ago and decreased 3% from $20.45 million for the preceding quarter. The decrease in operating revenue compared to the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046050/000093905723000114/0000939057-23-000114-index.htm

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