Todd Van Cise
As a result of Mr. Foster’s retirement, Todd Van Cise , age 52, was appointed as the Chief Credit Officer of the Company and the Bank, effective January 1, 2024.
Highest-materiality recent filing
Timberland Bancorp Q3 net income $7.72M, EPS $0.98, dividend raised 3% to $0.30
Net income $7.72M ($0.98 diluted EPS) vs $7.10M ($0.90) year ago; up 9% and 9% respectively.
Timberland Q2 net income $7.13M ($0.90 EPS), up 6% YoY; NPA ratio rises to 0.47% on hotel loan
Q2 net income $7.13M ($0.90 diluted EPS) vs $6.76M ($0.85) YoY; down 13% from $8.22M prior quarter.
Dean J. Brydon, Michael J. Stoney, and Kelly A. Suter elected to three-year terms with 99.24%, 97.78%, and 95.87% votes for, respectively.
Timberland Bancorp Q1 net income $8.22M, EPS $1.04, dividend raised 4% to $0.29
Net income $8.22M ($1.04 EPS) vs $6.86M ($0.86) YoY; +20% net income, +21% EPS.
Timberland Bancorp replaces auditor Delap with Aprio after merger; no disputes
Delap LLP merged into Aprio, LLP effective Jan 1, 2026; Delap resigned and Aprio appointed as successor.
Timberland Bancorp appoints Kevin Sakamoto as Chief Credit Officer after Todd Van Cise departure
Todd Van Cise and Timberland mutually agreed to cancel his employment agreement effective Dec 11, 2025, to pursue other opportunities.
Timberland Bancorp FY2025 net income up 20% to $29.16M; EPS $3.67; dividend raised 8%
Q4 net income $8.45M ($1.07 EPS), up 33% YoY from $6.36M ($0.79).
Timberland Q3 net income $7.10M ($0.90 EPS), up 22% YoY; new stock buyback authorized
Diluted EPS $0.90 vs $0.74 YoY; net income $7.10M vs $5.92M (+20% YoY).
Timberland Bancorp Q2 net income $6.76M, EPS $0.85, NIM expands to 3.79%
Net income $6.76M ($0.85 diluted EPS) vs $5.71M ($0.70) a year ago; EPS up 21% YoY.
Timberland Bancorp shareholders reelect directors, approve say-on-pay, ratify auditor
Parul Bhandari and David A. Smith reelected to Board for three-year terms with >92% of votes.
Timberland Q1 net income $6.86M ($0.86 EPS), up 9% YoY; NIM expands to 3.64%
EPS of $0.86 vs $0.77 a year ago; net income $6.86M vs $6.30M, up 9%.
Timberland Bancorp Q4 net income $6.36M ($0.79 EPS) up 7% QoQ; dividend raised 4% to $0.25/share
Q4 net income $6.36M vs $5.92M prior quarter and $6.64M year ago; FY net income $24.28M vs $27.12M.
Timberland Bancorp Q3 net income $5.92M, EPS $0.74; net interest margin improves to 3.53%
Diluted EPS $0.74, up 6% from $0.70 preceding quarter but down 4% from $0.77 year ago.
Timberland Bancorp Q2 net income $5.71M ($0.70 EPS), down 9% QoQ; NIM 3.48%
Net income $5.71M, EPS $0.70, down from $6.30M ($0.77) prior quarter and $6.66M ($0.80) year ago.
Shareholders elected Andrea M. Clinton, Robert A. Drugge, and Kathy D. Leodler for three-year terms ending 2027.
Timberland Bancorp Q1 net income $6.30M, EPS $0.77; dividend raised 4% to $0.24
EPS $0.77 vs $0.81 prior quarter and $0.90 year ago; net income $6.30M down 16% YoY.
Edward Foster retires as Timberland Bancorp CCO; Todd Van Cise named successor effective Jan 1, 2024
Edward Foster retired as CCO of Timberland Bancorp and Timberland Bank on Dec 31, 2023, after serving since 2012.
Timberland Bancorp enters amended employment agreements with CEO, President, CFO, and CLO
Agreements effective Dec 19, 2023, for Dean J. Brydon (CEO), Jonathan A. Fischer (President/COO), Marci A. Basich (CFO), and Matthew J. DeBord (CLO).
Timberland Bancorp reports FY2023 net income up 15% to $27.12M; quarterly EPS $0.81
FY2023 EPS increased 17% to $3.29 from $2.82; net income rose 15% to $27.12M.
Timberland Bancorp board reduces size from 9 to 8 directors
Board amended bylaws to decrease number of directors from nine to eight, effective immediately.
Director Sand retires; Michael Stoney elected Chairman of Timberland Bancorp boards
Director Michael R. Sand retired effective July 31, 2023; served on Budget and Loan Committees; retirement not due to disagreement.
Timberland Bancorp Q3 net income up 10% YoY to $6.31M; new stock buyback authorized
Net income $6.31M ($0.77 diluted EPS) vs $5.74M ($0.69) a year ago, up 10% and 12% respectively.
Timberland Bancorp reduces board size from 10 to 9 following death of Chair Jon C. Parker
Board size decreased from ten to nine directors, effective July 12, 2023.
Timberland Bancorp Chairman Jon C. Parker passes away after lengthy illness
Chairman Jon C. Parker died June 18, 2023; he had been a director since 1992 and Chairman since 2009.
Timberland Bancorp Q2 net income $6.66M, EPS $0.80, up 25% YoY
Net income $6.66M ($0.80 EPS) vs $5.33M ($0.63) a year ago; ROAA 1.48%, ROAE 11.86%.
Timberland Bancorp names Matthew DeBord CLO as Robert Drugge retires; board size increased
Robert Drugge retired as Chief Lending Officer of Timberland Bancorp and Timberland Bank effective March 31, 2023.
Timberland Bancorp CEO Michael Sand retires; Dean Brydon named successor effective Feb 1
Dean J. Brydon appointed CEO of Company and Bank effective Feb 1; he was previously President and CFO.
Shareholders re-elect three directors; approve executive compensation and auditor ratification
Jon C. Parker, Michael J. Stoney, Kelly A. Suter elected to three-year terms with >91% votes each.
Timberland Bancorp Q1 net income $7.51M ($0.90 EPS), up 38% YoY; dividend raised 5%
Net income $7.51M ($0.90 diluted EPS) vs $5.49M ($0.65) YoY, up 37% and 38% respectively.
Timberland Bancorp announces retirements of CLO and CCO, names successors
Chief Lending Officer Robert Drugge to retire March 31, 2023; replaced by Matthew DeBord.
Net income of $7.05M ($0.85 diluted EPS) vs $5.74M ($0.69) prior quarter and $6.02M ($0.71) year ago.
Timberland Bancorp Q3 net income $5.74M, EPS $0.69, declares $0.22 dividend
Net income $5.74M ($0.69 diluted EPS) vs $5.33M ($0.63) prior quarter and $7.02M ($0.83) year ago.
Timberland Bancorp enters three-year employment agreement with President/CFO Brydon
Three-year initial term with automatic one-year extensions subject to board approval.
Timberland Q2 net income $5.33M ($0.63 EPS) down YoY; loan growth 5.7% ex-PPP
Net income $5.33M ($0.63 diluted EPS) vs $7.25M ($0.86) YoY; six-month EPS $1.28 vs $1.73.
Timberland Bancorp shareholders elect all three director nominees with >81% support
Parul Bhandari, Michael R. Sand, David A. Smith elected to three-year terms (2025).
Timberland Bancorp Q1 net income $5.49M ($0.65 EPS); raises dividend to $0.22
Net income $5.49M ($0.65 diluted EPS) vs $6.02M ($0.71) prior quarter and $7.29M ($0.87) year ago.
Timberland Bancorp Q1 fiscal 2022 net income $5.49M ($0.65 EPS); CEO succession, dividend up 5%
Net income $5.49M, EPS $0.65, down from $0.71 prior quarter and $0.87 year ago.
Timberland Bancorp amends Bylaws, removes Shareholder Litigation Article X
Removed Article X that set procedures and limitations for shareholders pursuing lawsuits against the company.
Timberland Bancorp FY2021 net income rises 14% to $27.58M; EPS $3.27; declares $0.21 dividend
FY2021 net income $27.58M ($3.27 diluted EPS), up 14% from $24.27M ($2.88) in FY2020.
Director James A. Davis retires; board reduced from 9 to 8; bylaw amendments adopted
James A. Davis retired from Timberland Bancorp and Timberland Bank boards on August 24, 2021 due to mandatory retirement age.
Timberland Q3 EPS $0.83, up 12% YoY; declares $0.21 quarterly + $0.10 special dividend
Net income $7.02M, up 13% YoY; diluted EPS $0.83 vs $0.74 year ago.
Timberland Bancorp director Goldberg retires; appoints Parul Bhandari to board
Larry D. Goldberg retired from boards of Company and Bank on July 27 due to mandatory retirement age; no disagreements cited.
As a result of Mr. Foster’s retirement, Todd Van Cise , age 52, was appointed as the Chief Credit Officer of the Company and the Bank, effective January 1, 2024.
announced that Edward Foster retired from the Chief Credit Officer positions at both the Company and the Bank on December 31, 2023.
On July 28, 2023, Timberland Bancorp, Inc. (NASDAQ: TSBK) (“Timberland” or “the Company”), the holding company for Timberland Bank (the “Bank”), received a retirement announcement from Director Michael R. Sand.
Robert Drugge retired from the Chief Lending Officer positions at both the Company and the Bank on March 31, 2023.
Matthew DeBord , age 42, was appointed as the Chief Lending Officer and Executive Vice President of the Company and the Bank, effective April 1, 2023.
Mr. Drugge will be appointed to the Boards of Directors of both the Company and Bank, effective April 3, 2023.
Mr. Brydon will also be appointed to the Boards of Directors of both the Company and Bank.
Dean J. Brydon, age 56, was appointed as the Chief Executive Officer of the Company and the Bank, effective February 1, 2023.
Jonathan A. Fischer, age 49, who has been affiliated with the Bank since October 1997 and has served as Chief Operating Officer of the Company and the Bank since August 2012, was promoted to President and Chief Operating Officer of the Company and the Bank, effective February 1, 2023.
Pamela L. Nygaard, age 64, was promoted to Treasurer of the Company and the Bank.
Marci A. Basich, age 54, who has been affiliated with the Bank since 1999 and has served as Treasurer of the Company and the Bank since August 2001, was appointed as the Chief Financial Officer of the Company and the Bank, effective February 1, 2023.
Michael R. Sand retired from the Chief Executive Officer positions at the Company and the Bank on January 31, 2023.
Max materiality 0.80 · Median 0.60 · Most common event earnings