secwatch.observer — SEC 8-K summary
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Issuer:     FS Bancorp, Inc. (FSBW)
CIK:        0001530249
Form:       8-K
Filed at:   2025-04-22T23:59:59+00:00
Accession:  0001437749-25-012700
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FS Bancorp Q1 net income $8.0M ($1.01 EPS); deposits up 11.8%; declares $0.28 dividend
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- Net income $8.0M ($1.01 diluted EPS) vs $8.4M ($1.06) a year ago; up from $7.4M prior quarter.
- Deposits rose $275.7M (11.8%) to $2.62B, driven by $226.9M brokered deposits; borrowings down 77.6%.
- Board authorized $5.0M share repurchase program; repurchased 98,317 shares at avg $39.06 in Q1.
- Declared $0.28 quarterly dividend (49th consecutive), payable May 22, 2025; record May 8.
- Consumer loans (home improvement) decreased $11.3M to $608.9M; 79.9% of originations had FICO >720.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530249/000143774925012700/0001437749-25-012700-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530249/000143774925012700/fsbw20250319_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-012700

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