Matthew D. Mullet
it has named Matthew D. Mullet as Chief Executive Officer of the Company effective June 1, 2026
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.
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.
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).
Joseph C. Adams will retire as CEO of 1st Security Bank effective September 1, 2025, but remain CEO of FS Bancorp until May 2026.
Net income $7.7M, diluted EPS $0.99 vs $1.13 in Q2 2024; six-month net income $15.7M vs $17.4M YoY.
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.
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.
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.
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%.
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%.
it has named Matthew D. Mullet as Chief Executive Officer of the Company effective June 1, 2026
Joe Adams, who retired as CEO of the Company on May 31, 2026
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.
Matthew D. Mullet the former Chief Financial Officer and President will continue to serve as President for both the Company and the Bank.
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.
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.
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.
Max materiality 0.70 · Median 0.40 · Most common event other_material