Timberland bancorp inc, (TSBK)
Income statement / Yearly
Sep'19Sep'18Sep'17Sep'16Sep'15Sep'14Sep'13Sep'12Sep'11Sep'10Sep'09
Interest and dividend income
Loans receivable and loans held for sale

49,127

38,298

36,385

33,580

30,397

29,205

29,591

30,831

32,976

35,344

37,249

Investment securities

1,264

217

279

287

249

259

281

404

612

910

1,379

Dividends from mutual funds, FHLB stock and other investments

162

120

88

106

31

27

29

32

31

35

38

Interest-bearing deposits in banks and CDs

5,172

3,198

1,586

902

491

366

336

338

347

307

135

Total interest and dividend income

55,725

41,833

38,338

34,875

31,168

29,857

30,237

31,605

33,966

36,596

38,801

Interest expense
Deposits

4,565

2,778

2,218

2,041

2,004

2,066

2,568

3,951

6,136

7,807

9,472

FHLB borrowings

0

0

979

2,031

1,886

1,873

1,871

1,996

2,397

3,151

4,031

Federal Reserve Bank of San Francisco ("FRB") borrowings and repurchase agreements

-

-

-

-

-

-

-

-

-

3

1

Total interest expense

4,565

2,778

3,197

4,072

3,890

3,939

4,439

5,947

8,533

10,961

13,504

Net interest income

51,160

39,055

35,141

30,803

27,278

25,918

25,798

25,658

25,433

25,635

25,297

Provision for loan losses

0

0

-1,250

0

-1,525

0

2,925

3,500

6,758

10,550

10,734

Net interest income after provision for loan losses

51,160

39,055

36,391

30,803

28,803

25,918

22,873

22,158

-

-

-

Net interest income after provision for loan losses

-

-

-

-

-

-

-

-

18,675

15,085

14,563

Non-interest income
Marketable Securities, Realized Losses (Recoveries), Other than Temporary Impairments, Amount

-71

-73

-38

29

0

-

-

-

-

-

-

Other than temporary impairment (OTTI) on investment securities

-

-

-

-

-

-7

15

206

236

-998

-

Adjustment for portion of other than temporary impairment (OTTI) transferred from other comprehensive income (loss) (before income taxes)

-12

-5

-5

-139

-13

52

-32

-8

-211

-1,178

-

Other than Temporary Impairment Losses (Recoveries), Investments, Portion Recognized in Earnings, Net

-59

-68

-33

168

13

-

-

-

-

-

-

Realized losses on MBS and other investments

-

-

-

-

-

-

-

-

2

-

-

Realized losses on MBS and other investments

-

-

-

-

-

-

-

-

-

20

76

Gain (Loss) on Sales of Mortgage Backed Securities (MBS)

47

0

0

-

45

-32

0

22

79

-

-

Other than temporary impairment ("OTTI") on MBS and other investments

-

-

-

-

-

-

-

-

-

-

-5,820

Adjustment for portion recorded as (transferred from) other comprehensive income (loss) before taxes

-

-

-

-

-

-

-

-

-

-

2,274

Net OTTI on investment securities

-

-

-

-

-

-59

47

214

447

2,176

3,546

BOLI net earnings

1,641

547

545

-

-

-

-

-

-

-

-

Service charges on deposits

-

-

-

3,969

3,615

3,738

3,663

3,795

3,907

4,240

4,312

ATM and debit card interchange transaction fees

-

-

-

3,261

2,664

2,426

2,142

2,172

1,911

1,619

-

ATM transaction fees

-

-

-

-

-

-

-

-

-

-

1,261

BOLI net earnings

-

-

-

551

538

530

577

607

517

-491

-965

Gain (Loss) on Sales of Loans, Net

1,754

1,893

2,157

1,781

1,610

1,013

2,507

2,472

1,548

-1,547

-2,828

Escrow fees

-

-

-

214

206

158

184

118

-

-

-

Servicing income on loans sold

-

-

-

266

-4

-

-

-

-

-

-

Fee income from non-deposit investment sales

-

-

-

111

41

68

82

-

92

84

102

Servicing income (expense) on loans sold

-

-

-

-

-

-

-

-

-

-

103

Escrow fees

-

-

-

-

-

-

-

-

73

74

-

Valuation recovery on MSRs, net

-

-

-

-

-

0

-475

-10

-405

-

-

Escrow fees

-

-

-

-

-

-

-

-

-

-

158

Valuation recovery (allowance) on MSRs, net

-

-

-

-

-

-

-

-

-

890

-

Other, net

1,195

1,085

1,050

904

820

570

679

799

598

727

842

Total non-interest income, net

14,341

12,544

12,368

10,889

9,522

8,530

10,262

9,781

8,681

5,696

6,949

Non-interest expense
Salaries and employee benefits

18,545

15,740

14,908

13,921

13,200

13,294

12,605

12,050

12,578

12,066

11,801

Premises and equipment

3,831

3,231

3,082

3,130

3,053

2,878

2,835

2,676

2,632

-

-

Loss (gain) on sales/dispositions of premises and equipment, net

-7

102

-5

-7

296

7

431

0

-

-

-

(Gain) loss on disposition of premises and equipment, net

-

-

-

-

-

-

-

-

-16

-

-

Premises and equipment

-

-

-

-

-

-

-

-

-

2,768

2,574

Advertising

696

782

698

753

779

742

742

726

800

829

895

OREO and other repossessed assets, net

221

140

22

662

918

1,010

2,587

1,982

1,374

882

643

ATM and debit card interchange transaction fees

1,583

1,296

1,405

1,377

1,221

1,096

857

794

802

698

613

Postage and courier

514

456

435

413

429

446

443

501

540

539

549

State and local taxes

873

687

609

572

561

479

576

608

622

626

604

Professional fees

1,019

1,390

887

657

829

792

856

822

753

664

745

Federal Deposit Insurance Corporation (FDIC) insurance

187

294

362

448

593

636

685

942

1,161

1,659

778

Other insurance

-

-

-

-

-

-

-

212

359

435

82

Loan administration and foreclosure

382

336

205

321

269

456

430

816

959

481

374

Data processing and telecommunications

3,707

1,938

1,870

1,896

1,767

1,450

1,232

1,265

1,172

941

921

Deposit operations

1,358

1,192

1,074

912

812

759

607

776

675

478

-

Amortization of Intangible Assets

452

0

0

-

-

116

130

148

167

191

217

Deposit operations

-

-

-

-

-

-

-

-

-

-

515

Other

2,205

1,797

1,954

1,568

1,706

1,767

1,840

1,250

1,353

1,384

1,428

Total non-interest expense, net

35,580

29,177

27,516

26,637

25,841

25,798

25,864

25,568

25,963

24,641

22,739

Income before income taxes

29,921

22,422

21,243

15,055

12,484

8,650

7,271

6,371

1,393

-3,860

-1,227

Provision for income taxes

5,901

5,701

7,076

4,901

4,192

2,800

2,514

1,781

304

-1,569

-985

Net Income (Loss) Attributable to Parent

24,020

16,721

14,167

10,154

8,292

5,850

4,757

4,590

1,089

-2,291

-242

Net income per common share
Preferred stock dividends

-

-

-

-

-

136

710

832

832

-

-

Preferred stock dividends

-

-

-

-

-

-

-

-

-

-832

-643

Preferred stock discount accretion

-

-

-

-

-

70

283

240

225

-210

-129

Repurchase of preferred stock at a discount

-

-

-

-

-

0

255

0

0

-

-

Net income to common shareholders

-

-

-

-

-

5,644

4,019

3,518

32

-3,333

-1,014

Earnings Per Share, Basic

2.89

2.28

1.99

1.48

1.20

0.82

0.59

0.52

0.00

-0.50

-0.15

Earnings Per Share, Diluted

2.84

2.22

1.92

1.43

1.17

0.80

0.58

0.52

0.00

-0.50

-0.15

Weighted average common shares outstanding
Weighted Average Number of Shares Outstanding, Basic

-

-

-

-

-

-

-

-

-

-

6,621

Weighted Average Number of Shares Outstanding, Diluted

-

-

-

-

-

-

-

-

-

-

6,621

Dividends paid per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

0.39

Deposit Account
Revenue from contract with customer

4,904

4,581

4,518

-

-

-

-

-

-

-

-

Credit and Debit Card
Revenue from contract with customer

4,036

3,570

3,343

-

-

-

-

-

-

-

-

Asset Management
Revenue from contract with customer

197

211

242

-

-

-

-

-

-

-

-

Servicing income on loans sold
Service charges on deposits

462

480

417

-

-

-

-

-

-

-

-

Investment Advice
Revenue from contract with customer

46

109

63

-

-

-

-

-

-

-

-