---
schema_version: "secwatch.filing_event.v1"
accession: "0000939057-23-000199"
form_type: "8-K"
ticker: "TSBK"
cik: "0001046050"
company_name: "TIMBERLAND BANCORP INC"
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-12T23:37:37.249095+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Timberland Bancorp Q3 net income up 10% YoY to $6.31M; new stock buyback authorized

## Summary
- Net income $6.31M ($0.77 diluted EPS) vs $5.74M ($0.69) a year ago, up 10% and 12% respectively.
- Net interest margin 3.94% vs 3.11% a year ago; net loans grew 4% to $1.26B.
- Non-performing assets improved to 0.09% of total assets; $610K provision for loan losses.
- Declared $0.23 quarterly dividend (43rd consecutive quarter); new buyback of up to 404,708 shares.
- ROA 1.42%, ROE 11.07%; total assets $1.81B, shareholders' equity $229.26M.

## SEC filing metadata
- accession: 0000939057-23-000199
- form_type: 8-K
- ticker: TSBK
- cik: 0001046050
- company_name: TIMBERLAND BANCORP INC
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046050/000093905723000199/0000939057-23-000199-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046050/000093905723000199/timb8k72523.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939057-23-000199
- JSON: https://secwatch.observer/filing/0000939057-23-000199.json
- Plain text: https://secwatch.observer/filing/0000939057-23-000199.txt

## Key facts
- Earnings Releases
  TIMBERLAND BANCORP INC reported the quarter ended June 30, 2023 results: revenue $19.51 million, net income $6.31 million, EPS $0.77 per diluted common share.
  - Period: the quarter ended June 30, 2023
  - Revenue: $19.51 million
  - Net income: $6.31 million
  - EPS: $0.77 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 14% to $19.51 million from $17.08 million for the comparable quarter one year ago and decreased 1% from $19.79 million for the preceding quarter. The decrease in operating revenue compared to the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046050/000093905723000199/0000939057-23-000199-index.htm
- Earnings Releases
  TIMBERLAND BANCORP INC reported the first nine months of fiscal 2023 results: revenue $59.74 million, net income $20.48 million, EPS $2.47 per diluted common share.
  - Period: the first nine months of fiscal 2023
  - Revenue: $59.74 million
  - Net income: $20.48 million
  - EPS: $2.47 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 21% to $59.74 million for the first nine months of fiscal 2023 from $49.20 million for the first nine months of fiscal 2022, primarily due to increased interest income from loans, overnight funds,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046050/000093905723000199/0000939057-23-000199-index.htm

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