Timberland Bancorp Inc. filings document the public-company disclosures of a Nasdaq-listed bank holding company and its Timberland Bank subsidiary. The company’s Form 8-K reports cover earnings releases, declared cash dividends, Regulation FD investor presentations, changes in the independent registered public accounting firm and executive officer changes tied to bank credit administration.
Proxy materials disclose annual shareholder meeting matters, director elections, advisory executive-compensation votes, auditor ratification and board governance. The filing record also identifies the company’s common stock, par value and exchange listing, while recurring bank disclosures address operating results, capital actions, credit quality, loan portfolio composition and governance controls.
Breanne D. Antich, Chief Technology Officer/EVP of Timberland Bancorp (TSBK) reported a grant of 2,000 restricted shares of the company's common stock on 09/23/2025. The award carries a $0 per-share price and will vest equally over five years, indicating multi-year retention compensation. After the transaction the filing shows Ms. Antich beneficially owns 4,348 shares directly; she also holds 4,174 shares indirectly through the Timberland Bank KSOP and 401(k) plan. The Form 4 was signed by Cheryl Parks as Power of Attorney on 09/24/2025.
Breanne D. Antich, Chief Technology Officer/EVP of Timberland Bancorp Inc (TSBK), reported multiple option exercises and open-market trades on 08/18/2025. She acquired shares via exercise of stock options at exercise prices ranging from $27.14 to $31.80, resulting in five option exercises totaling 7,000 underlying shares added to direct ownership. Separately, there was a sale of 7,000 common shares at $32.55, leaving 2,348 shares held directly and 4,174 shares held indirectly via the KSOP. The transactions changed her direct beneficial ownership to 9,348 common shares including exercised options and purchases, with unexercised option holdings noted following each exercise.
Form 144 notice for Timberland Bancorp Inc (TSBK) reports a proposed sale of 7,000 common shares through Raymond James & Associates on 08/18/2025 with an aggregate market value of $227,290. The shares were acquired the same day as equity compensation from the issuer and paid in cash. The filing also discloses a recent sale of 152 shares on 06/16/2025 for $4,502. The filer represents they are not aware of any undisclosed material adverse information about the issuer.
Robert A. Drugge, a director of Timberland Bancorp Inc. (TSBK), reported transactions on 08/13/2025 that changed his direct holdings. The filing shows an acquisition of 2,000 common shares at $10.71 per share, bringing his reported direct common-stock holdings to 38,245 shares. The report also records derivative activity tied to stock options: 2,000 options were acquired and the filing shows 14,600 options held following the transaction.
The filing notes a position of 6,773 shares identified with a footnote that they are held directly through an IRA. The disclosure was made by a single reporting person and was submitted via a power of attorney representative.
David Alan Smith, a director of Timberland Bancorp (TSBK), reported two transactions dated 08/13/2025. The filing shows an acquisition of 164 common shares at $10.71, with beneficial ownership reported as 17,932 shares, and a sale of 164 common shares at $33.50, with beneficial ownership reported as 17,768. The filing also lists 164 stock options with a $10.71 exercise price exercisable since 09/22/2020 and an indicated 7,000 derivative securities beneficially owned directly following the reported transactions.
What happened: Timberland Bancorp reported higher profit for the quarter ended June 30, 2025. Net income was $7.1 million versus $5.9 million a year earlier, and diluted earnings per share rose to $0.90 from $0.74. For the nine months, net income was $20.7 million versus $17.9 million last year and diluted EPS was $2.60–$2.61 versus $2.21–$2.22.
Business trends: The bank grew its balance sheet modestly. Loans receivable, net were $1.441 billion and deposits were $1.669 billion at June 30, 2025, up from $1.422 billion and $1.648 billion at September 30, 2024. Total assets increased to $1.957 billion and shareholders' equity rose to $256.7 million. The company paid dividends of $0.26 per share for the quarter and repurchased shares during the period.
Why it matters: Profit, EPS, loans and deposits all moved higher, showing continued core banking growth and return of capital to shareholders. Offsetting items include unrealized losses in securities that produced an other comprehensive loss of $(795) thousand for the nine months and a decline in held-to-maturity securities balances. These are items investors may want to monitor.
Form 4 – Insider transaction
On 29 Jul 2025, Timberland Bancorp (TSBK) director David Alan Smith exercised 836 stock options at $10.71 (Code M) and immediately sold 836 common shares at $33.50 (Code S). After the cash-less exercise, Smith directly holds 17,768 shares and retains 7,164 unexercised options. No changes in his director status or additional derivative positions were reported. The single-day, like-for-like sale suggests liquidity rather than a directional stake change and does not appear material to TSBK’s overall share structure.
Timberland Bancorp (TSBK) – Form 4 insider activity
On 29-Jul-2025 Chief Credit Officer & EVP Todd Van Cise exercised five option grants, acquiring 7,000 common shares at strike prices of $27.14-$31.80. He immediately sold the same 7,000 shares in one market trade at $32.65, realising roughly $228k in gross proceeds and an estimated $32k gain over aggregate strike cost. Post-transaction, his direct stake remains at 2,500 shares—the same level held before the exercise—and he continues to hold 2,108 shares indirectly via the company KSOP plan. Remaining unexercised options declined to 2,400 shares.
The sequence appears to be a routine “exercise-and-sell” for liquidity or tax purposes rather than a directional reduction in ownership, but it still represents notable insider selling near recent highs.