Timberland bancorp inc, (TSBK)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Jun'10
Interest and dividend income
Loans receivable and loans held for sale

12,823

12,764

12,670

12,459

12,216

11,782

9,956

9,530

9,484

9,328

9,105

9,652

8,840

8,788

8,588

8,257

8,306

8,429

7,780

7,756

7,352

7,509

7,394

7,238

7,255

7,318

7,360

7,422

7,395

7,414

7,577

7,842

7,607

7,805

8,010

8,192

8,240

8,534

8,764

Investment securities

489

439

350

339

297

278

69

51

39

58

72

69

68

70

74

70

74

69

70

59

55

65

68

66

64

61

65

69

70

77

81

89

109

125

127

141

162

182

239

Dividends from mutual funds, FHLB stock and other investments

35

37

41

43

39

39

37

31

26

26

29

23

12

24

23

22

39

22

11

7

6

7

7

6

6

8

7

5

5

12

6

6

7

13

7

8

8

8

9

Interest-bearing deposits in banks and CDs

784

951

1,323

1,344

1,289

1,216

989

845

741

623

505

421

379

281

253

247

231

171

147

125

114

105

98

87

87

94

89

79

82

86

86

82

81

89

87

90

83

87

90

Total interest and dividend income

14,131

14,191

14,384

14,185

13,841

13,315

11,051

10,457

10,290

10,035

9,711

10,165

9,299

9,163

8,938

8,596

8,650

8,691

8,008

7,947

7,527

7,686

7,567

7,397

7,412

7,481

7,521

7,575

7,552

7,589

7,750

8,019

7,804

8,032

8,231

8,431

8,493

8,811

9,102

Interest expense
Deposits

1,243

1,189

1,233

1,248

1,113

971

781

730

666

601

581

549

545

543

522

508

507

504

508

492

495

509

503

498

514

551

581

609

650

728

822

925

1,035

1,169

1,331

1,463

1,591

1,751

1,950

FHLB borrowings

8

-

-

-

0

-

-

-

-

-

1

369

302

307

610

472

472

477

476

471

465

474

475

466

461

471

471

467

461

472

472

466

496

562

562

556

550

729

760

FRB borrowings and other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

Total interest expense

1,251

1,189

1,233

1,248

1,113

971

781

730

666

601

582

918

847

850

1,132

980

979

981

984

963

960

983

978

964

975

1,022

1,052

1,076

1,111

1,200

1,294

1,391

1,531

1,731

1,893

2,019

2,141

2,480

2,711

Net interest income

12,880

13,002

13,151

12,937

12,728

12,344

10,270

9,727

9,624

9,434

9,129

9,247

8,452

8,313

7,806

7,616

7,671

7,710

7,024

6,984

6,567

6,703

6,589

6,433

6,437

6,459

6,469

6,499

6,441

6,389

6,456

6,628

6,273

6,301

6,338

6,412

6,352

6,331

6,391

Provision for loan losses

2,000

200

0

0

0

0

0

0

0

0

0

-1,000

-250

0

0

0

0

0

-1,525

0

0

0

0

0

0

0

165

1,385

1,175

200

900

900

1,050

650

1,758

3,400

700

900

750

Net interest income after provision for loan losses

10,880

12,802

13,151

12,937

12,728

12,344

10,270

9,727

9,624

9,434

9,129

10,247

8,702

8,313

7,806

7,616

7,671

7,710

8,549

6,984

6,567

6,703

6,589

6,433

6,437

6,459

-

5,114

-

-

-

-

-

-

-

-

-

-

-

Net interest income after provision for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,266

6,189

-

5,728

5,223

5,651

4,580

3,012

5,652

5,431

5,641

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

-3

-103

-26

-14

-20

-11

-13

-19

-14

-27

-38

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other than temporary impairment (OTTI) on investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

24

-

-

0

0

-

41

38

-89

3

11

1

-4

7

142

60

94

-90

-

-70

-9

-

-81

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

0

0

-1

0

-11

0

0

0

0

-5

-5

0

0

0

-

0

1

-

-

-4

-1

-

22

29

0

1

2

-2

-29

-3

-61

23

0

30

-

-

-

-

-

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

-3

-103

-25

-14

-9

-11

-13

-19

-14

-22

-33

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Realized losses on MBS and other investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

20

-

158

0

0

-79

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-95

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-145

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-26

9

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-71

Net OTTI on investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

23

-

-

4

1

-

19

9

-89

2

9

3

25

10

23

37

94

60

111

165

35

136

-

Gain on sale of investment securities held to maturity, net

-

-

-

47

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

0

0

45

-

0

-32

0

-

0

0

-

-

-

-

-

-

-

-

-

-

Net OTTI loss on investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-152

Service charges on deposits

-

-

-

-

-

-

-

-

1,132

1,179

-

1,153

1,090

1,105

1,071

989

937

972

979

899

852

885

942

921

883

992

1,007

882

827

947

980

955

890

970

1,032

993

898

984

1,066

ATM and debit card interchange transaction fees

-

-

-

-

-

-

-

-

883

845

-

855

793

800

1,073

778

710

700

700

691

643

630

657

611

573

585

580

526

521

515

551

564

540

517

-

515

-

-

-

ATM transaction fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

458

411

439

BOLI net earnings

147

147

-

188

1,156

157

-

134

137

136

-

133

136

137

141

137

137

136

138

133

131

136

138

134

143

115

146

144

144

143

464

146

154

-157

878

-121

-118

-122

120

Gain (Loss) on Sales of Loans, Net

736

953

560

520

288

386

467

435

470

521

501

561

406

689

551

443

393

394

512

514

348

236

298

241

172

302

453

579

833

642

1,869

567

596

-560

2,762

-247

-266

-701

238

Servicing income on loans sold

62

51

-

110

117

148

-

121

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Escrow fees

-

-

-

-

-

-

-

-

52

59

-

51

64

76

60

64

49

41

50

57

56

43

48

45

30

35

-

55

-

-

-

-

-

-

-

-

-

-

-

Servicing income on loans sold

-

-

-

-

-

-

-

-

117

116

-

106

99

97

86

60

55

65

36

-1

-12

-27

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fee income from non-deposit investment sales

-

-

-

-

-

-

-

-

26

19

-

-

-

-

-

-

-

-

-

-

-

-

10

14

16

28

7

19

31

25

-

20

26

12

19

25

17

31

17

Servicing income (expense) on loans sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

-36

32

Escrow fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44

35

-

30

22

27

-

16

18

-

-

Valuation recovery on MSRs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-221

-254

134

82

-142

-84

-

-

-206

-

-

Escrow fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21

-

Valuation recovery (allowance) on MSRs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

137

-

634

22

Other, net

585

301

272

334

277

312

291

303

251

240

178

297

263

312

157

282

255

210

214

234

197

175

132

159

139

140

163

170

182

164

249

176

197

177

164

146

148

140

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

159

Total non-interest income, net

3,680

3,938

3,597

3,538

3,940

3,266

3,180

3,145

3,082

3,137

3,145

3,156

2,851

3,216

3,109

2,749

2,513

2,518

2,665

2,523

2,214

2,120

2,206

2,116

2,013

2,195

2,397

2,372

2,778

2,715

2,503

2,341

2,493

2,444

1,861

1,761

2,108

2,951

1,941

Non-interest expense
Salaries and employee benefits

4,621

4,722

4,571

4,501

4,867

4,606

3,877

3,912

4,001

3,950

3,732

3,741

3,755

3,680

3,587

3,397

3,466

3,471

3,324

3,196

3,284

3,396

3,155

3,325

3,434

3,380

3,229

3,176

3,086

3,114

3,060

3,006

3,055

2,929

3,186

3,150

3,115

3,127

3,117

Premises and equipment

943

894

886

998

993

954

869

795

799

768

787

764

776

755

825

774

771

760

814

763

751

725

779

759

647

693

681

739

725

690

-

647

682

-

-

-

-

-

-

Gain (Loss) on Disposition of Property Plant Equipment

3

99

-

0

-8

0

-

0

113

-

-

-3

0

-

-

-

-

-

-

299

-

0

-

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Premises and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

650

-

640

658

694

717

Advertising

159

183

153

177

175

191

192

205

176

209

199

170

167

162

163

192

193

205

249

169

173

188

205

187

172

178

209

184

172

177

173

173

172

208

197

235

201

167

235

OREO and other repossessed assets, net

51

-1

-

145

52

50

-

-92

91

113

-

4

-12

30

-

123

195

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

OREO and other repossessed assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

244

300

193

349

76

214

240

397

159

1,480

313

506

288

683

363

434

502

444

496

6

428

373

ATM and debit card interchange transaction fees

359

440

408

364

389

422

313

334

318

331

369

375

350

311

387

337

331

322

292

336

255

338

305

207

358

226

221

219

196

221

197

206

197

194

218

203

206

175

164

Postage and courier

145

135

135

131

138

110

116

104

131

105

111

109

120

95

105

98

110

100

107

104

114

104

118

122

110

96

114

107

109

113

120

124

139

118

140

139

146

115

130

State and local taxes

233

216

231

237

209

196

189

169

168

161

126

176

152

155

161

141

138

132

135

189

119

118

118

123

121

117

110

170

157

139

148

159

152

149

141

155

160

166

159

Professional fees

210

269

303

267

184

265

561

368

243

218

257

230

199

201

208

202

117

130

223

207

223

176

202

196

211

183

220

202

192

242

195

217

232

178

185

190

196

182

193

Federal Deposit Insurance Corporation (FDIC) insurance

0

-27

-56

72

97

74

53

101

75

65

43

99

107

113

114

100

127

107

143

142

148

160

156

158

160

162

159

157

128

241

239

237

241

225

241

248

332

340

317

Loan administration and foreclosure

78

89

-

73

84

87

-

76

92

79

-

20

-1

94

-

92

95

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34

40

39

-

39

43

52

52

51

53

56

60

56

89

154

154

Loan administration and foreclosure

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29

62

88

76

43

80

129

138

109

152

91

49

138

201

82

372

161

249

345

267

98

-

Data processing and telecommunications

515

584

979

987

1,068

673

511

465

495

467

476

480

464

450

502

470

474

450

468

449

471

379

392

399

329

330

321

319

305

287

347

303

315

300

372

285

281

234

-

Deposit operations

274

-

-

-

364

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposit operations

-

317

-

391

-

294

377

285

252

278

224

301

240

309

274

232

234

172

198

220

219

175

209

146

225

179

125

157

161

164

183

177

193

223

-

202

140

-

-

Amortization of Intangible Assets

102

101

113

120

110

109

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

3

29

29

29

29

32

33

32

33

37

37

37

37

41

42

42

42

48

Deposit operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

106

-

Other

599

550

631

504

539

531

472

400

493

432

493

466

540

455

423

410

378

357

375

463

472

396

642

381

383

361

708

331

323

478

346

315

298

291

270

396

339

348

815

Total non-interest expense, net

8,286

8,373

8,774

8,967

9,277

8,562

7,658

7,122

7,221

7,176

6,911

6,938

6,857

6,810

6,961

6,568

6,629

6,479

6,693

6,220

6,654

6,274

6,373

6,430

6,754

6,241

7,066

6,237

6,184

6,377

6,678

6,097

6,572

6,221

6,627

6,782

6,178

6,376

6,422

Income before income taxes

6,274

8,367

7,974

7,508

7,391

7,048

5,792

5,750

5,485

5,395

5,363

6,465

4,696

4,719

3,954

3,797

3,555

3,749

4,518

3,287

2,127

2,552

2,422

2,119

1,696

2,413

1,635

1,249

1,860

2,527

1,381

1,972

1,144

1,874

-186

-2,009

1,582

2,006

1,160

Provision for income taxes

1,225

1,715

1,639

1,552

1,277

1,433

1,370

1,334

1,216

1,781

1,748

2,188

1,568

1,572

1,255

1,250

1,175

1,221

1,563

1,128

676

825

776

685

537

802

740

373

582

819

230

624

336

591

-113

-729

499

647

356

Net Income (Loss) Attributable to Parent

5,049

6,652

6,335

5,956

6,114

5,615

4,422

4,416

4,269

3,614

3,615

4,277

3,128

3,147

2,699

2,547

2,380

2,528

2,955

2,159

1,451

1,727

1,646

1,434

1,159

1,611

895

876

1,278

1,708

1,151

1,348

808

1,283

-73

-1,280

1,083

1,359

804

Net income per common share
Preferred stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

136

151

151

207

201

-

208

208

-

-

-

-

-

-

Preferred stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-208

-

-208

-208

-208

-

Preferred stock dividends accrued

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-208

Preferred stock discount accretion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

70

47

47

126

63

179

61

59

-59

392

-57

-56

-54

-53

Repurchase of preferred stock at a discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

255

-

-

0

0

-

-

-

-

-

-

Net income to common shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,646

1,434

1,159

1,405

697

678

1,200

1,444

882

1,079

541

1,016

-339

-1,545

819

1,097

543

Earnings Per Share, Basic

0.61

0.80

0.76

0.71

0.74

0.68

0.61

0.60

0.58

0.49

0.50

0.59

0.44

0.46

0.39

0.37

0.35

0.37

0.43

0.31

0.21

0.25

0.24

0.21

0.17

0.20

0.10

0.10

0.18

0.21

0.13

0.16

0.08

0.15

-0.05

-0.23

0.12

0.16

0.08

Earnings Per Share, Diluted

0.60

0.78

0.76

0.70

0.72

0.66

0.58

0.59

0.57

0.48

0.49

0.58

0.42

0.43

0.37

0.36

0.34

0.36

0.41

0.31

0.21

0.24

0.24

0.20

0.16

0.20

0.10

0.10

0.17

0.21

0.13

0.16

0.08

0.15

-0.05

-0.23

0.12

0.16

0.08

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

8,344

8,341

-

8,338

8,310

8,293

-

7,345

7,328

7,312

-

7,269

7,135

6,862

-

6,822

6,846

6,869

-

6,902

6,898

6,891

-

6,857

6,856

6,853

-

6,818

6,815

6,815

-

6,780

6,780

6,780

-

6,745

6,745

6,745

6,715

Weighted Average Number of Shares Outstanding, Diluted

8,456

8,475

-

8,482

8,464

8,457

-

7,535

7,512

7,508

-

7,432

7,379

7,235

-

7,111

7,080

7,083

-

7,071

7,071

7,063

-

7,033

7,033

6,978

-

6,902

6,889

6,821

-

6,780

6,780

6,780

-

6,745

6,745

6,745

6,715

Dividends paid per common share (in dollars per share)

0.20

0.25

-

0.25

0.15

0.23

-

0.23

0.13

0.11

-

0.11

0.11

0.09

-

0.08

0.08

0.12

-

0.06

0.06

0.00

-

0.00

0.00

0.00

-

0.03

0.03

0.00

-

0.00

0.00

-

-

-

-

-

0.01

Deposit Account
Revenue from contract with customer

1,078

1,200

1,323

1,175

1,190

1,216

-

1,137

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Credit and Debit Card
Revenue from contract with customer

1,015

1,094

1,140

1,090

857

949

-

921

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset Management
Revenue from contract with customer

47

83

48

54

39

56

-

47

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment Advice
Revenue from contract with customer

7

6

2

6

7

31

-

28

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-