Every 10-Q that Fs Bancorp Inc (FSBW) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow FSBW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FSBW filings page.
FS Bancorp, Inc. reported stable performance for the three and six months ended June 30, 2026. Total assets were $3.18 billion, essentially flat versus year-end 2025, while net loans rose slightly to $2.63 billion. Deposits declined to $2.45 billion from $2.67 billion, and borrowings increased to $324.5 million, shifting the funding mix.
Quarterly net interest income was $32.6 million compared with $32.1 million a year earlier. The provision for credit losses rose to $2.6 million from $2.0 million, driven largely by higher consumer charge-offs and a $2.3 million charge-off on a commercial construction loan. Net income for the quarter was $7.9 million, essentially unchanged from $7.7 million, with basic EPS of $1.06.
For the first half of 2026, net income was $15.8 million versus $15.7 million in the prior-year period, and comprehensive income improved to $18.0 million from $13.1 million, aided by positive other comprehensive income. The allowance for credit losses on loans stood at $31.2 million. FS Bancorp also signed a definitive agreement to acquire Pacific West Bancorp in a stock-and-cash deal valued at approximately $34.6 million, subject to regulatory and Pacific West shareholder approvals.
FS Bancorp, Inc. filed an amended quarterly report to correct a typographical error in the number of common shares shown on the cover page. The corrected figure is 7,414,542 shares outstanding as of May 5, 2026. No other part of the original Form 10‑Q was changed or updated by this amendment.
FS Bancorp, Inc. reported first‑quarter 2026 net income of $7.8 million, slightly below $8.0 million a year earlier, as higher credit costs offset stronger interest income. Net interest income rose to $32.5 million, supported by loan yields, while total assets were $3.20 billion and deposits $2.64 billion.
The provision for credit losses increased to $2.5 million, driven mainly by elevated net charge‑offs in indirect home improvement consumer loans. The allowance for credit losses on loans reached $32.4 million. Capital remained solid, with stockholders’ equity of $313.9 million.
On February 25, 2026, FS Bancorp announced a definitive agreement to acquire Pacific West Bancorp in a stock‑and‑cash transaction valued at approximately $34.6 million, subject to regulatory and Pacific West shareholder approvals, aiming to expand its community banking footprint.
FS Bancorp (FSBW) filed its Q3 2025 10‑Q, detailing hedge accounting and valuation disclosures. The company reported, for closed loan portfolios in designated hedging relationships, an amortized cost basis of $183.2 million as of September 30, 2025, cumulative basis adjustments of $2.1 million, and designated hedged items totaling $60.0 million. For comparison, at December 31, 2024, the amortized cost basis was $189.0 million, cumulative basis adjustments were $4.3 million, and designated hedged items were $60.0 million.
The filing also notes a share‑based compensation assumption using a 3.1% forfeiture rate for options over 10 years. Disclosures reference mortgage servicing rights and various derivative instruments, reflecting ongoing fair value and risk management practices.
FS Bancorp reported mixed second-quarter results for the period ended June 30, 2025. Total assets rose to $3.18 billion from $3.03 billion at year-end 2024, driven by deposit growth to $2.55 billion and loans receivable net of allowance of $2.582 billion. Net interest income increased to $32.1 million for the quarter, supporting six-month NII of $63.1 million.
Profitability weakened versus prior-year periods: quarterly net income was $7.73 million ($1.00 basic EPS) versus $8.96 million ($1.15 EPS) a year earlier, and six-month net income was $15.75 million. Credit costs rose: provision for credit losses was $2.02 million for the quarter and the ACL on loans totaled $32.19 million. Unrealized losses on available-for-sale securities were about $28.2 million, and comprehensive income declined accordingly.