Appointed
Matthew D. Mullet
Chief Executive Officer
FSBW ·
FS Bancorp, Inc.
it has named Matthew D. Mullet as Chief Executive Officer of the Company effective June 1, 2026
Ready 8-Ks
33
Latest filing
June 1, 2026, 11:31 AM ET
Top materiality
0.70
Event mix
other_material ×10 · earnings ×8 · leadership ×7
Sentiment
8 pos · 0 neg · 25 neu
Latest earnings
reported 2026-Q1
Executive change
recent →
Recent 8-K filings for FSBW
Highest-materiality recent filing
FS Bancorp to acquire Pacific West Bancorp for $34.6M in stock/cash
- Consideration: 430,176 FS Bancorp shares + $16.8M cash; valued at $12.52 per Pacific West share.
- Deal expected to be immediately accretive to EPS; 7.4% accretion projected for 2027.
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FS Bancorp names Matt Mullet CEO as planned; Joe Adams retires but stays on board
Matthew D. Mullet appointed CEO of FS Bancorp effective June 1, 2026, as part of previously announced succession plan.
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FS Bancorp shareholders elect directors, approve compensation and 2026 equity plan
Terri L. Degner (84.3% for) and Michael J. Mansfield (78.2% for) elected to three-year terms ending 2029.
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FS Bancorp to present at D.A. Davidson conference; no material updates provided
President, CHRO, and CIO attending D.A. Davidson 28th Annual Financial Institutions Conference May 4-6, 2026.
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FS Bancorp Q1 net income $7.8M ($1.02 EPS); book value per share record $42.42
Diluted EPS $1.02, net income $7.8M ($8.0M YoY); pre-tax income up 4.6% to $9.9M.
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FS Bancorp to acquire Pacific West Bancorp for $34.6M in stock/cash
Consideration: 430,176 FS Bancorp shares + $16.8M cash; valued at $12.52 per Pacific West share.
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FS Bancorp to attend Janney CEO Forum; no material updates
President Matthew Mullet, CFO Phil Whittington, and Director of Finance Susan Dumontet to attend Janney 2026 CEO Forum on Feb 4-5 in Scottsdale, AZ.
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FS Bancorp corrects dividend record date from Feb 5 to Feb 6
Amendment fixes record date for regular quarterly cash dividend to Feb 6, 2026.
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FS Bancorp Q4 net income $8.4M, EPS $1.10; dividend raised to $0.29
Q4 net income $8.4M ($1.10 diluted EPS) vs $7.4M ($0.92) in Q4 2024.
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FS Bancorp enters change-of-control agreements with three top executives
Agreements cover Robert Nesbitt (Chief Credit Ops), Sean McCormick (Chief Credit Admin), and Phillip Whittington (CFO).
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FS Bancorp authorizes additional $5M share repurchase program
Board authorized up to $5.0M in share repurchases over 12 months through October 27, 2026.
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FS Bancorp Q3 net income falls to $9.2M ($1.18/sh) from $10.3M YoY; deposits up 5.2% QoQ
Net income $9.2M ($1.18 diluted EPS) vs $10.3M ($1.29) in Q3'24; nine-month net income $24.9M ($3.18) from $27.6M ($3.45).
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FS Bancorp attends Raymond James conference; investor materials provided
President and other executives presented at Raymond James U.S. Bank and Banking on Technology Conference on Sept 3, 2025.
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Joseph C. Adams will retire as CEO of 1st Security Bank effective September 1, 2025, but remain CEO of FS Bancorp until May 2026.
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Net income $7.7M, diluted EPS $0.99 vs $1.13 in Q2 2024; six-month net income $15.7M vs $17.4M YoY.
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FS Bancorp authorizes $5.0M share repurchase program; $400K remains from prior plan
Board authorized up to $5.0M in additional common stock repurchases over 12 months through July 9, 2026.
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FS Bancorp board adopts annual say-on-pay votes per shareholder advisory vote
Shareholders voted non-binding majority in favor of annual say-on-pay frequency.
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FS Bancorp auditor changes from Moss Adams to Baker Tilly after merger
Moss Adams merged with Baker Tilly US, LLP effective June 3, 2025; Baker Tilly appointed as successor auditor.
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Elected Ted A. Leech (77.9%) and Marina Cofer-Wildsmith (77.1%) to three-year board terms; Terri L. Degner (97.3%) to one-year term.
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FS Bancorp to attend industry conference; investor materials not reproduced in filing
Executives attending 27th Annual Financial Institutions Conference, Scottsdale, May 5–7, 2025.
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FS Bancorp Q1 net income $8.0M ($1.01 EPS); deposits up 11.8%; declares $0.28 dividend
Net income $8.0M ($1.01 diluted EPS) vs $8.4M ($1.06) a year ago; up from $7.4M prior quarter.
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FS Bancorp authorizes additional $5M share repurchase; $900K remains from prior plan
Board approved repurchase of up to $5.0M of common stock over 12 months until March 31, 2026.
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FS Bancorp promotes Phillip Whittington to CFO effective May 1, 2025
Phillip Whittington appointed CFO of FS Bancorp and 1st Security Bank, effective May 1, 2025.
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FS Bancorp attending 2025 Janney CEO Forum Jan 29-30; investor materials furnished
CEO Forum takes place Jan 29-30 in Scottsdale, AZ; officers attending include CFO Mullet and other finance executives.
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FS Bancorp Q4 net income $7.4M ($0.92 EPS); quarterly dividend raised to $0.28/share
Q4 net income $7.4M ($0.92 diluted EPS) vs $9.8M ($1.23) a year ago; full year 2024 net income $35.0M ($4.36) vs $36.1M ($4.56) in 2023.
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FS Bancorp completes $5M buyback, authorizes new $5M repurchase program
Completed the $5.0M repurchase program announced July 11, 2024.
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FS Bancorp Q3 net income $10.3M ($1.29 EPS) vs $9.0M year ago; NIM 4.35%
Net income $10.3M ($1.29 diluted EPS) vs $9.0M ($1.13) a year ago, up 14.4%.
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FS Bancorp appoints Terri L. Degner to board; Margaret Piesik retires
Margaret Piesik retired from FS Bancorp board effective Sept 30, 2024 after 18 years of service.
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FS Bancorp to present at Raymond James Bank Conference on Sept 5, 2024
President/CFO Matthew D. Mullet and EVP Robert Nesbitt attending conference in Chicago.
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FS Bancorp Q2 net income $9.0M ($1.13 EPS); raises dividend 3.8% to $0.27/share
Net income $9.0M vs $9.1M a year ago; diluted EPS $1.13 vs $1.16; NIM 4.29% vs 4.66%.
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FS Bancorp promotes Matthew D. Mullet to President, retains CFO role
Matthew D. Mullet appointed President of FS Bancorp and 1st Security Bank effective July 19, 2024.
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FS Bancorp shareholders elect three directors, approve say-on-pay and auditor
Joseph C. Adams elected with 98.56% for (6,105,852 votes); Pamela M. Andrews 80.37% (4,978,643); Joseph P. Zavaglia 78.71% (4,876,026).
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Promotions effective May 1, 2024, announced at all-employee meeting on May 17, 2024.
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FS Bancorp promotes Sean McCormick and Robert Nesbitt to EVP credit roles
McCormick promoted to Chief Credit Administration Officer, overseeing credit strategy and risk.
Executive changes
Departed
Joe Adams
Chief Executive Officer
FSBW ·
FS Bancorp, Inc.
Joe Adams, who retired as CEO of the Company on May 31, 2026
Appointed
Phillip Whittington
Chief Financial Officer
FSBW ·
FS Bancorp, Inc.
On April 1, 2025, FS Bancorp, Inc. (“Company”) (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington (“1st Security Bank” or “Bank”) announced that it has named Phillip Whittington as Chief Financial Officer of both the Bank and the Company effective May 1, 2025.
Role change
Matthew D. Mullet
Chief Financial Officer
FSBW ·
FS Bancorp, Inc.
Matthew D. Mullet the former Chief Financial Officer and President will continue to serve as President for both the Company and the Bank.
Appointed
Terri L. Degner
Director
FSBW ·
FS Bancorp, Inc.
As a result of Ms. Piesik’s retirement, the Board of Directors appointed Ms. Terri L. Degner to the Company’s Board of Directors effective September 30, 2024.
Departed
Margaret R. Piesik
Director
FSBW ·
FS Bancorp, Inc.
On September 30, 2024, Margaret R. Piesik retired from the Board of Directors of FS Bancorp, Inc. (“Company”) and its financial institution subsidiary, 1st Security Bank of Washington (“Bank”) as well as the committees she served on.
Role change
Matthew D. Mullet
President
FSBW ·
FS Bancorp, Inc.
On July 19, 2024, FS Bancorp, Inc. (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank”) announced that the Bank had promoted Matthew D. Mullet to the position of President of the Company and the Bank.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.70 · Median 0.40 · Most common event other_material