secwatch.observer — SEC 8-K summary
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Issuer:     FS Bancorp, Inc. (FSBW)
CIK:        0001530249
Form:       8-K
Filed at:   2026-08-21T14:34:39+00:00
Accession:  0000939057-26-000205
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FS Bancorp completes Pacific West Bancorp acquisition; 430,176 shares + $16.8M cash
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- Effective Aug 19, 2026, FS Bancorp closed merger with Pacific West Bancorp; Pacific West Bank merged into 1st Security Bank of Washington.
- Aggregate consideration: 430,176 FS Bancorp common shares and $16,832,742 cash, with proration election rights for Pacific West shareholders.
- Merger agreement dated Feb 25, 2026; expands FS Bancorp's Oregon presence via Pacific West Bank's Portland operations.
- CEO Matthew D. Mullet cites shared relationship-banking values; Pacific West Chairman Ed Kawasaki endorsed the partnership.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530249/000093905726000205/0000939057-26-000205-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530249/000093905726000205/8k82026.htm
  HTML page:      https://secwatch.observer/filing/0000939057-26-000205

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