FS Bancorp, Inc. filings document the company’s SEC reporting as the holding company for 1st Security Bank of Washington. Recent 8-K reports furnish earnings releases, investor presentation materials, dividend actions, corrections to event disclosures, and share repurchase authorizations tied to the company’s common stock.
Proxy materials describe annual meeting matters, executive compensation, equity award information, and other governance disclosures. The filing record also reflects the company’s banking segments, capital actions, Regulation FD disclosures, and formal exhibits related to its commercial and consumer banking and home lending operations.
Shana Allen, Chief Information Officer and EVP of FS Bancorp (FSBW), reported a purchase of the issuer's common stock under the companys Nonqualified 2022 Stock Purchase Plan on 08/06/2025 that includes a 25% match. The filing lists a per-share price of $39.20 as reported in the transaction table.
Following the reported transaction, the filing shows 4,863 shares held directly and 8,766 shares held indirectly through an ESOP. The entry is a standard employee purchase under the issuers plan and aligns the officer with company equity without indicating a sale or other dispositions in this filing.
Ted A. Leech, Chairman and a director of FS Bancorp, Inc. (FSBW), reported insider transactions dated 08/06/2025. The filing states the shares were purchased under the issuer's Nonqualified 2022 Stock Purchase Plan and the purchase includes a 25% match, indicating participation in the company plan rather than a market trade.
The report shows an acquisition of 223 shares at $39.20, a reported disposition of 660 shares, and beneficial ownership following the transactions of 46,899 shares. It also discloses 2,000 shares held indirectly through a self-managed trust and 28,700 shares held indirectly as a stock award. The activity appears to reflect routine plan participation and existing compensation-related holdings.
Benjamin (Ben) Crowl, Chief Lending Officer and EVP of FS Bancorp (FSBW), reported common stock activity with a transaction dated 08/06/2025. The filing records participation in the issuer's Nonqualified 2022 Stock Purchase Plan, which the form states includes a 25% match.
The form shows a disposition of 14,789 shares and separately identifies 986 shares held indirectly through an ESOP. The transaction table also shows a price listed as $39.2. No derivative transactions or changes in officer status are reported. The filing documents routine plan participation alongside a reported sale; the form does not fully reconcile pre- and post-transaction total beneficial ownership figures within the provided lines.
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.
Erin Burr, an executive of FS Bancorp, Inc. (ticker: FSBW), filed a Form 4 reporting equity transactions dated 08/06/2025. The filing identifies Burr as CRO & CRA Officer and EVP and notes purchases made under the issuer's Nonqualified 2022 Stock Purchase Plan that include a 25% company match. The document lists numeric entries including 230, 2,675, 25,841 and 7,875 shares and a reported price of $39.2. The form is signed by Erin Burr on 08/08/2025. The explanation section explicitly states the shares were bought under the 2022 plan with a 25% match.
FS Bancorp (FSBW) reporting person Kelli Nielsen, identified as an officer (EVP, CRB Officer), disclosed transactions dated 08/06/2025. The filing documents purchases made under the issuer's Nonqualified 2022 Stock Purchase Plan that include a 25% match. The form also records a disposition of 14,884 common shares and shows 2,681 shares beneficially owned indirectly through an ESOP. No derivative transactions are listed. The Form 4 is signed and dated 08/07/2025, and the explanation section attributes the purchased shares to the employee stock purchase plan match.
Robert A. Nesbitt, identified as an officer (CCO/EVP) and director, reported transactions in FS Bancorp, Inc. (ticker FSBW) with a transaction date of 08/06/2025. The filing states some shares were purchased under the issuer's Nonqualified 2022 Stock Purchase Plan with a 25% match. The table lists an acquisition of 169 common shares at $39.20, a disposition of 2,732 common shares, and continued indirect beneficial ownership of 1,313 shares via an ESOP. The form is signed on 08/08/2025.
FS Bancorp, Inc. (NASDAQ: FSBW) disclosed on July 9, 2025, via Form 8-K that its Board of Directors has authorized a new share-repurchase program of up to $5.0 million.
The authorization becomes effective no sooner than the third trading day following this public announcement and is in addition to approximately $0.4 million still available under the company’s prior plan announced on April 4, 2025. Repurchases may be executed in open-market or privately negotiated transactions, subject to market conditions and regulatory considerations.
Key take-aways:
- The new authorization represents an incremental return of capital and signals management’s confidence in FSBW’s valuation.
- Total remaining capacity across both programs is roughly $5.4 million.
- No changes to earnings guidance or major strategic initiatives were disclosed in this filing.
Investors should monitor execution pace, average repurchase price, and potential impacts on capital ratios—particularly important for regional banks operating in a higher-rate environment.