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

Issuer:     TIMBERLAND BANCORP INC (TSBK)
CIK:        0001046050
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0000939057-23-000199
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046050/000093905723000199/0000939057-23-000199-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046050/000093905723000199/timb8k72523.htm
  HTML page:      https://secwatch.observer/filing/0000939057-23-000199

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