---
schema_version: "secwatch.filing_event.v1"
accession: "0000939057-24-000085"
form_type: "8-K"
ticker: "TSBK"
cik: "0001046050"
company_name: "TIMBERLAND BANCORP INC"
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:14:14.561250+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Timberland Bancorp Q2 net income $5.71M ($0.70 EPS), down 9% QoQ; NIM 3.48%

## Summary
- Net income $5.71M, EPS $0.70, down from $6.30M ($0.77) prior quarter and $6.66M ($0.80) year ago.
- Net interest margin compressed to 3.48% from 3.60% QoQ and 3.99% year ago; funding costs rose to 2.50%.
- Net loans +2% QoQ to $1.36B; deposits +1% to $1.64B; declared $0.24 dividend (payable May 24).
- Non-performing assets 0.19% of total assets; net charge-offs only $3K for the quarter.
- Recorded $166K provision for credit losses; repurchased 99,787 shares for $2.67M at avg $26.77.

## SEC filing metadata
- accession: 0000939057-24-000085
- form_type: 8-K
- ticker: TSBK
- cik: 0001046050
- company_name: TIMBERLAND BANCORP INC
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046050/000093905724000085/0000939057-24-000085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046050/000093905724000085/timb8k42324.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939057-24-000085
- JSON: https://secwatch.observer/filing/0000939057-24-000085.json
- Plain text: https://secwatch.observer/filing/0000939057-24-000085.txt

## Key facts
- Earnings Releases
  TIMBERLAND BANCORP INC reported the first six months of fiscal 2024 results: net income $12.00 million, EPS $1.47 per diluted common share.
  - Period: the first six months of fiscal 2024
  - Net income: $12.00 million
  - EPS: $1.47 per diluted common share
  - Result: reported results
  source text: For the first six months of fiscal 2024, Timberland’s net income decreased 15% to $12.00 million, or $1.47 per diluted common share, compared to $14.17 million, or $1.70 per diluted common share for the first six months of fiscal 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046050/000093905724000085/0000939057-24-000085-index.htm
- Earnings Releases
  TIMBERLAND BANCORP INC reported the quarter ended March 31, 2024 results: net income $5.71 million, EPS $0.70 per diluted common share.
  - Period: the quarter ended March 31, 2024
  - Net income: $5.71 million
  - EPS: $0.70 per diluted common share
  - Result: reported results
  source text: Timberland Bancorp, Inc. (NASDAQ: TSBK) (“Timberland” or “the Company”), the holding company for Timberland Bank (the “Bank”), today reported net income of $5.71 million, or $0.70 per diluted common share, for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046050/000093905724000085/0000939057-24-000085-index.htm

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