Every 8-K that Timberland Bancorp Inc (TSBK) 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 8-K covers material events a company has to report between its quarterly reports, so if you follow TSBK 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 TSBK filings page.
Timberland Bancorp reported third fiscal quarter 2026 net income of $7.72 million, or $0.98 per diluted share, up from $7.10 million, or $0.90, a year earlier and $7.13 million, or $0.90, in the prior quarter. Operating revenue rose to $21.79 million, while net interest income grew 7% year-over-year to $18.81 million. Net interest margin expanded to 3.85%, and the efficiency ratio improved to 53.40%. For the first nine months of fiscal 2026, net income increased 11% to $23.07 million, or $2.92 per diluted share.
Total assets reached $2.06 billion and net loans grew 3% during the quarter to $1.50 billion, with deposits up 1% sequentially and 6% year-over-year to $1.76 billion. Liquidity (cash, CDs and available-for-sale securities) equaled 19.3% of total liabilities, and only 17% of deposits were uninsured or uncollateralized. Asset quality remained solid but higher than a year ago, with non-performing assets at 0.43% of total assets and an allowance for credit losses of 1.27% of loans. Capital ratios were strong, including a total risk-based capital ratio of 20.86%. The board raised the quarterly cash dividend 3% to $0.30 per share and continued share repurchases.
Timberland Bancorp, Inc. reported fiscal second quarter 2026 net income of $7.13 million, or $0.90 per diluted share, up from $6.76 million, or $0.85, in the same quarter last year but down from $8.22 million, or $1.04, in the prior quarter.
For the first six months of fiscal 2026, net income rose 13% to $15.35 million, or $1.94 per diluted share. Operating revenue for the quarter was $21.05 million, 6% higher year-over-year. Net interest margin was 3.81%, slightly below 3.85% in the prior quarter and above 3.79% a year ago.
The board declared a quarterly cash dividend of $0.29 per common share, payable May 22, 2026, marking the 54th consecutive quarterly cash dividend. Total assets reached $2.05 billion, deposits were $1.74 billion, and shareholders’ equity was $271.09 million, leaving the company well capitalized with a total risk-based capital ratio of 21.55%.
Credit quality weakened as non-performing assets rose to 0.47% of total assets, and non-accrual loans increased to $9.41 million, driven largely by a single $4.33 million hotel participation loan placed on non-accrual status. The allowance for credit losses on loans was 1.27% of loans receivable.
Timberland Bancorp, Inc. reported the results of its virtual Annual Meeting of Shareholders held on January 27, 2026. Shareholders elected three directors—Dean J. Brydon, Michael J. Stoney, and Kelly A. Suter—to three-year terms ending in 2029, each receiving more than 95% of votes cast in favor, excluding broker non-votes.
Shareholders also approved, on an advisory and non-binding basis, the compensation of the Company’s named executive officers, with 4,807,185 votes for, 463,105 against, and 82,885 abstentions, plus 1,105,187 broker non-votes. In addition, they ratified the selection of Aprio, LLP as independent registered public accounting firm for the fiscal year ending September 30, 2026, with 6,288,177 votes for, 159,267 against, and 10,918 abstentions.
Timberland Bancorp, Inc. filed a current report to furnish its earnings release for the quarter ended December 31, 2025 and to disclose a quarterly cash dividend.
The Company declared a quarterly cash dividend of $0.29 per common share, as announced in the same earnings release that is attached as Exhibit 99.1.
Timberland Bancorp, Inc. reported a change in its independent registered public accounting firm following a merger of its prior auditor. On January 1, 2026, Delap LLP, the Company’s former auditor, merged with Aprio, LLP, and Delap resigned as auditor. The Audit Committee approved Aprio, LLP as the successor independent registered public accounting firm.
Delap’s audit reports on Timberland Bancorp’s consolidated financial statements for the fiscal years ended September 30, 2025 and 2024, and for each of the years in the three-year period ended September 30, 2025, as well as on internal control over financial reporting as of September 30, 2025, contained no adverse opinions, disclaimers, or qualifications. The Company states there were no disagreements with Delap and no reportable events during those periods. Timberland Bancorp also notes it did not consult with Aprio on accounting matters or audit opinions before this appointment and has filed a letter from Delap to the SEC as an exhibit.
Timberland Bancorp, Inc. announced a leadership change in its credit function. The company and Todd Van Cise mutually agreed to cancel his employment agreement, effective December 11, 2025, so he can pursue other career opportunities. He had been with the company since 2012 and served as Chief Credit Officer since January 1, 2024, and the separation was described as without disagreements.
As a result, Kevin Sakamoto, age 57, was appointed Chief Credit Officer effective the same date. Sakamoto joined Timberland in 2023 as Vice President of Credit Administration and Special Assets and brings over 30 years of commercial banking experience, including prior service as Chief Credit Officer of Bank Reale and academic credentials from the University of Washington and Pacific Coast Banking School.
Timberland Bancorp, Inc. (TSBK) announced its quarterly results via an earnings release for the quarter ended September 30, 2025, and declared a $0.28 per-share cash dividend. The company also made a fourth quarter investor presentation available to investors.
The earnings release was furnished as Exhibit 99.1, and the fourth quarter 2025 investor presentation was furnished as Exhibit 99.2.