FSBW FS Bancorp, Inc.

CIK 0001530249 50 ready 8-Ks latest June 1, 2026, 11:31 AM ET RSS · JSON

Activity: QUIET 0 filings / 30d vs 1 baseline Risk accumulating: repeated leadership change (2)

Ready 8-Ks 50

Latest filing June 1, 2026, 11:31 AM ET

Top materiality 0.75

Event mix other_material ×15 · earnings ×13 · leadership ×10

Sentiment 12 pos · 0 neg · 38 neu

Latest earnings reported 2026-Q1

Executive change recent →

Recent 8-K filings for FSBW

Highest-materiality recent filing

FS Bancorp FY2023 net income $36.1M ($4.56 EPS); Q4 dividend raised 4% to $0.26

January 24, 2024, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 8.01 item 9.01 ◈ Earnings Releases ×2

FY2023 net income $36.1M, $4.56 diluted EPS vs. $29.6M, $3.70 EPS in 2022.
Q4 net income $9.8M, $1.23 diluted EPS vs. $7.6M, $0.97 EPS in Q4 2022.

Read filing →

June 1, 2026, 11:31 AM ET leadership materiality 0.50 neutral item 5.02 item 9.01 ◈ executive_change ×2

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.
May 27, 2026, 1:40 PM ET other material materiality 0.15 neutral item 5.07 ◈ Shareholder Votes ×4

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.
May 4, 2026, 7:59 PM ET other materiality 0.10 neutral item 7.01 item 9.01

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.
April 22, 2026, 7:59 PM ET earnings materiality 0.50 neutral item 2.02 item 8.01 item 9.01 ◈ Earnings Releases

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.
February 26, 2026, 6:59 PM ET M&A materiality 0.70 positive item 8.01 item 9.01

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.
February 3, 2026, 6:59 PM ET other materiality 0.10 neutral item 7.01 item 9.01

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.
January 28, 2026, 6:59 PM ET dividend materiality 0.10 neutral item 8.01

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.
January 21, 2026, 6:59 PM ET earnings materiality 0.70 positive item 2.02 item 8.01 item 9.01

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.
December 8, 2025, 6:59 PM ET other material materiality 0.50 neutral item 5.02 item 9.01

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).
October 27, 2025, 7:59 PM ET other material materiality 0.40 positive item 8.01 item 9.01

FS Bancorp authorizes additional $5M share repurchase program

Board authorized up to $5.0M in share repurchases over 12 months through October 27, 2026.
October 22, 2025, 7:59 PM ET earnings materiality 0.60 neutral item 2.02 item 8.01 item 9.01

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).
September 3, 2025, 7:59 PM ET other material materiality 0.10 neutral item 7.01 item 9.01

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.
August 15, 2025, 7:59 PM ET leadership materiality 0.65 neutral item 5.02 item 9.01

FS Bancorp announces CEO succession: Matt Mullet to lead 1st Security Bank as Joe Adams retires from bank CEO role.

Joseph C. Adams will retire as CEO of 1st Security Bank effective September 1, 2025, but remain CEO of FS Bancorp until May 2026.
July 22, 2025, 7:59 PM ET earnings materiality 0.60 neutral item 2.02 item 8.01 item 9.01

FS Bancorp Q2 net income $7.7M ($0.99 EPS), down from $9.0M YoY; declares $0.28 regular + $0.22 special dividend

Net income $7.7M, diluted EPS $0.99 vs $1.13 in Q2 2024; six-month net income $15.7M vs $17.4M YoY.
July 9, 2025, 7:59 PM ET other material materiality 0.60 positive item 8.01 item 9.01

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.
June 10, 2025, 7:59 PM ET other materiality 0.15 neutral item 5.07

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.
June 4, 2025, 7:59 PM ET other material materiality 0.10 neutral item 4.01 item 9.01 ◈ Auditor Changes ×2

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.
May 29, 2025, 7:59 PM ET other material materiality 0.15 neutral item 5.07

FS Bancorp annual meeting results: all director nominees elected, executive compensation and auditor ratified

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.
May 5, 2025, 7:59 PM ET other materiality 0.10 neutral item 7.01 item 9.01

FS Bancorp to attend industry conference; investor materials not reproduced in filing

Executives attending 27th Annual Financial Institutions Conference, Scottsdale, May 5–7, 2025.
April 22, 2025, 7:59 PM ET earnings materiality 0.60 neutral item 2.02 item 8.01 item 9.01

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.
April 4, 2025, 7:59 PM ET other material materiality 0.55 positive item 8.01 item 9.01

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.
April 1, 2025, 7:59 PM ET leadership materiality 0.55 neutral item 5.02 item 9.01 ◈ executive_change ×2

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.
January 28, 2025, 6:59 PM ET other material materiality 0.10 neutral item 7.01 item 9.01

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.
January 21, 2025, 6:59 PM ET earnings materiality 0.65 neutral item 2.02 item 8.01 item 9.01

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.
November 15, 2024, 6:59 PM ET other material materiality 0.50 positive item 8.01 item 9.01

FS Bancorp completes $5M buyback, authorizes new $5M repurchase program

Completed the $5.0M repurchase program announced July 11, 2024.
October 22, 2024, 7:59 PM ET earnings materiality 0.70 positive item 2.02 item 8.01 item 9.01

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%.
October 2, 2024, 7:59 PM ET leadership materiality 0.25 neutral item 5.02 item 9.01 ◈ executive_change ×2

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.
September 5, 2024, 7:59 PM ET other materiality 0.25 neutral item 7.01 item 9.01

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.
July 23, 2024, 7:59 PM ET earnings materiality 0.60 positive item 2.02 item 9.01

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%.
July 19, 2024, 7:59 PM ET leadership materiality 0.40 neutral item 5.02 item 9.01 ◈ executive_change

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.
May 30, 2024, 7:59 PM ET other materiality 0.15 neutral item 5.07

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).
May 24, 2024, 7:59 PM ET leadership materiality 0.20 neutral item 8.01 item 9.01

FS Bancorp promotes Nielsen to EVP Chief Retail Banking Officer, Costa to EVP Chief Home Lending Officer

Promotions effective May 1, 2024, announced at all-employee meeting on May 17, 2024.
May 20, 2024, 7:59 PM ET leadership materiality 0.40 neutral item 8.01 item 9.01

FS Bancorp promotes Sean McCormick and Robert Nesbitt to EVP credit roles

McCormick promoted to Chief Credit Administration Officer, overseeing credit strategy and risk.
May 8, 2024, 7:59 PM ET other materiality 0.20 neutral item 7.01 item 9.01

FS Bancorp executives attend D.A. Davidson conference; no financial updates

EVP/CFO Matthew Mullet and EVP/HR Vickie Jarman attending D.A. Davidson conference May 8-10, 2024.
April 24, 2024, 7:59 PM ET earnings materiality 0.60 neutral item 2.02 item 8.01 item 9.01 ◈ Earnings Releases

FS Bancorp Q1 net income $8.4M ($1.06 EPS); NIM 4.26%; declares $0.26 dividend

Net income $8.4M vs $8.2M year ago; diluted EPS $1.06 vs $1.04.
February 28, 2024, 6:59 PM ET other material materiality 0.20 neutral item 7.01 item 9.01

FS Bancorp to Present at Piper Sandler Western Financial Services Conference

EVP CFO Matthew D. Mullet and EVP Chief Risk Officer Erin Burr will attend Piper Sandler's 2024 Western Financial Services Conference on February 29, 2024 in Las Vegas.
February 28, 2024, 6:59 PM ET leadership materiality 0.50 neutral item 5.02 ◈ executive_change

FS Bancorp Chief Credit Officer Stephanie Nicklaus departs effective Feb 23

Stephanie Nicklaus ceased as Chief Credit Officer of 1st Security Bank of Washington on February 23, 2024.
February 2, 2024, 6:59 PM ET other material materiality 0.30 neutral item 5.02 item 9.01

FS Bancorp subsidiary enters change-of-control severance pacts with three officers

Agreements with CIO Shana Allen, CCO Stephanie Nicklaus, and CLO Ben Crowl effective Jan 29, 2024.
January 31, 2024, 6:59 PM ET other material materiality 0.15 neutral item 7.01 item 9.01

FS Bancorp attends Janney conference; no specific financial updates disclosed

Ben Crowl, Kelli Nielsen, and Susan Dumontet represent FS Bancorp at Janney Montgomery Scott CEO Forum.
January 24, 2024, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 8.01 item 9.01 ◈ Earnings Releases ×2

FS Bancorp FY2023 net income $36.1M ($4.56 EPS); Q4 dividend raised 4% to $0.26

FY2023 net income $36.1M, $4.56 diluted EPS vs. $29.6M, $3.70 EPS in 2022.
October 25, 2023, 7:59 PM ET earnings materiality 0.55 neutral item 2.02 item 8.01 item 9.01 ◈ Earnings Releases

FS Bancorp Q3 net income $9.0M ($1.13/diluted); declares $0.25 quarterly dividend

Net income $9.0M ($1.13 diluted EPS) vs $8.5M ($1.08) in Q3 2022; nine-month net income $26.3M ($3.33).
August 22, 2023, 7:59 PM ET other materiality 0.10 neutral item 7.01 item 9.01

FS Bancorp executives attending D.A. Davidson Virtual Western Bank Summit; no new material information disclosed

CFO Matthew D. Mullet, Chief Lending Officer Ben Crowl, and Director of Finance Susan Dumontet attending virtual bank summit on August 21-22, 2023.
August 15, 2023, 7:59 PM ET other material materiality 0.55 positive item 8.01 item 9.01

FS Bancorp board authorizes $5M or 2.5% share repurchase program through July 2024

Up to $5.0 million or 2.5% of outstanding common shares authorized for repurchase.
July 26, 2023, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 8.01 item 9.01 ◈ Earnings Releases

FS Bancorp Q2 net income $9.1M ($1.16 EPS), up 36% YoY; declares $0.25 dividend

Q2 net income $9.1M vs $6.7M YoY; diluted EPS $1.16 vs $0.83; net interest margin 4.66%.
July 6, 2023, 7:59 PM ET leadership materiality 0.35 neutral item 5.02 item 9.01 ◈ executive_change ×2

FS Bancorp appoints Stephanie Nicklaus as CCO; Robert Fuller retiring Aug 17, 2023

Robert Fuller will retire as Chief Credit Officer of 1st Security Bank effective August 17, 2023.
May 30, 2023, 7:59 PM ET other materiality 0.05 neutral item 5.07 ◈ Shareholder Votes ×3

FS Bancorp shareholders elect Mansfield and Piesik as directors, approve advisory say-on-pay and auditor ratification

Michael J. Mansfield elected with 94.50% of votes cast; Margaret R. Piesik with 91.77%.
May 15, 2023, 7:59 PM ET other materiality 0.05 neutral item 7.01 item 9.01

FS Bancorp to attend D.A. Davidson conference; investor materials not disclosed

CFO Matthew Mullet, CIO Shana Allen, and Chief HR Officer Vickie Jarman attending May 15-17, 2023 conference.
April 26, 2023, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 8.01 item 9.01 ◈ Earnings Releases

FS Bancorp Q1 net income $8.2M ($1.04 EPS), up 19% YoY; board declares $0.25 dividend

Net income $8.2M ($1.04 diluted EPS) vs $6.9M ($0.83) a year ago; adjusted net income ~$9.6M.
April 11, 2023, 7:59 PM ET leadership materiality 0.55 neutral item 5.02 item 9.01 ◈ executive_change ×2

FS Bancorp names Ben Crowl as CLO; Dennis O'Leary transitions to new role effective July 1

Dennis O'Leary steps down as CLO effective July 1, 2023; will oversee Commercial Real Estate & Construction Lending.
February 28, 2023, 6:59 PM ET other material materiality 0.10 neutral item 7.01 item 9.01

FS Bancorp attending Piper Sandler conference; investor materials furnished

CFO Matthew D. Mullet and CRO Erin Burr attending Piper Sandler Western Financial Services Conference March 1-3, 2023 in San Diego.

Executive changes

Appointed

Matthew D. Mullet

Chief Executive Officer

FSBW · FS Bancorp, Inc.

Effective: 2026-06-01
Filed: June 1, 2026, 11:31 AM ET

it has named Matthew D. Mullet as Chief Executive Officer of the Company effective June 1, 2026

Departed

Joe Adams

Chief Executive Officer

FSBW · FS Bancorp, Inc.

Effective: 2026-05-31
Successor: Matthew D. Mullet
Filed: June 1, 2026, 11:31 AM ET

Joe Adams, who retired as CEO of the Company on May 31, 2026

Appointed

Phillip Whittington

Chief Financial Officer

FSBW · FS Bancorp, Inc.

Effective: 2025-05-01
Filed: April 1, 2025, 7:59 PM ET

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.

Effective: 2025-05-01
Successor: Phillip Whittington
Filed: April 1, 2025, 7:59 PM ET

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.

Effective: 2024-09-30
Filed: October 2, 2024, 7:59 PM ET

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.

Effective: 2024-09-30
Successor: Terri L. Degner
Filed: October 2, 2024, 7:59 PM ET

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.

Effective: 2024-07-19
Filed: July 19, 2024, 7:59 PM ET

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.

Departed

Stephanie Nicklaus

Chief Credit Officer

FSBW · FS Bancorp, Inc.

Effective: 2024-02-23
Filed: February 28, 2024, 6:59 PM ET

announced that Stephanie Nicklaus is no longer Chief Credit Officer at the Bank, effective February 23, 2024.

Departed

Robert Fuller

Chief Credit Officer

FSBW · FS Bancorp, Inc.

Effective: 2023-08-17
Successor: Stephanie Nicklaus
Filed: July 6, 2023, 7:59 PM ET

Robert Fuller, Chief Credit Officer, will retire from his current position at the Bank, effective August 17, 2023.

Appointed

Stephanie Nicklaus

Chief Credit Officer

FSBW · FS Bancorp, Inc.

Effective: 2023-08-17
Filed: July 6, 2023, 7:59 PM ET

the Bank announced that it will appoint Stephanie Nicklaus, age 43, as Chief Credit Officer of the Bank, as successor to Mr. Fuller.

Appointed

Ben Crowl

Chief Lending Officer

FSBW · FS Bancorp, Inc.

Effective: 2023-07-01
Filed: April 11, 2023, 7:59 PM ET

the Bank announced that it will appoint Ben Crowl, age 38, as Chief Lending Officer of the Bank, as successor to Mr. O’Leary.

Role change

Dennis O'Leary

Chief Lending Officer

FSBW · FS Bancorp, Inc.

Effective: 2023-07-01
Successor: Ben Crowl
Filed: April 11, 2023, 7:59 PM ET

Dennis O’Leary, Chief Lending Officer, will step down from his current position at the Bank and transition into a management role that oversees the Commercial Real Estate and Construction Lending team, effective July 1, 2023.

Earnings & guidance

2026-Q1 EPS reported $1.02 filing →

Materiality & sentiment trend

Max materiality 0.75 · Median 0.40 · Most common event other_material

12 positive 0 negative 38 neutral

source · FSBW on sec.gov