secwatch.observer — SEC 8-K summary
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Issuer:     TIMBERLAND BANCORP INC (TSBK)
CIK:        0001046050
Form:       8-K
Filed at:   2024-01-23T23:59:59+00:00
Accession:  0000939057-24-000010
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Timberland Bancorp Q1 net income $6.30M, EPS $0.77; dividend raised 4% to $0.24
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- EPS $0.77 vs $0.81 prior quarter and $0.90 year ago; net income $6.30M down 16% YoY.
- Net interest margin compressed to 3.60% from 3.85% prior quarter and 4.03% year ago.
- Deposits grew 4% to $1.63B; loans net $1.34B up 3% QoQ.
- Board declared $0.24 dividend, a 4% increase; payable Feb 23 to holders of record Feb 9.
- Non-performing assets 0.18% of total assets; net charge-offs only $2,000 for the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046050/000093905724000010/0000939057-24-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046050/000093905724000010/timb8k12224.htm
  HTML page:      https://secwatch.observer/filing/0000939057-24-000010

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