NASDAQ : TSBK
Timberland Bancorp, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 46.82 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 364.36M
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Financial statements
Income statement
Fiscal year October - September; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 90.49M | 90.49M | 85.53M | 77.43M | 63.15M | 51.32M |
| Interest Income on Investments | 16.92M | 16.92M | 16.75M | 17.39M | 16.80M | 7.18M |
| Total Interest Income | 107.40M | 107.40M | 102.28M | 94.83M | 79.95M | 58.51M |
| Interest Paid on Deposits | 31.14M | 31.14M | 31.27M | 29.66M | 11.30M | 2.66M |
| Interest Paid on Borrowings | 606.00K | 606.00K | 805.00K | 999.00K | 290.00K | 17.00K |
| Total Interest Expense | 31.74M | 31.74M | 32.08M | 30.66M | 11.59M | 2.67M |
| Net Interest Income | 75.66M | 75.66M | 70.20M | 64.17M | 68.36M | 55.83M |
| Gain (Loss) on Sale of Assets | 2.00K | 19.00K | -13.00K | |||
| Gain (Loss) on Sale of Investments | 40.00K | -43.00K | 128.00K | -98.00K | ||
| Other Non-Interest Income | 7.17M | 7.17M | 7.89M | 6.79M | 6.94M | 7.25M |
| Total Non-Interest Income | 11.68M | 11.68M | 12.35M | 11.14M | 11.16M | 12.61M |
| Revenues Before Loan Losses | 87.34M | 87.34M | 82.55M | 75.31M | 79.52M | 68.44M |
| Provision for Loan Losses | 1.43M | 1.43M | 934.00K | 1.15M | 2.13M | 270.00K |
| Revenue | 85.92M | 85.92M | 81.62M | 74.15M | 77.39M | 68.17M |
| Salaries and Employee Benefits | 25.88M | 25.88M | 23.39M | 23.34M | 23.24M | 20.57M |
| Occupancy Expenses | 4.40M | 4.40M | 3.69M | 3.62M | 3.56M | 3.37M |
| Federal Deposit Insurance | 892.00K | 892.00K | 851.00K | 833.00K | 711.00K | 506.00K |
| Amortization of Goodwill & Intangibles | 135.00K | 135.00K | 180.00K | 226.00K | 271.00K | 316.00K |
| Selling, General & Administrative | 7.24M | 7.24M | 8.30M | 7.65M | 7.62M | 6.36M |
| Other Non-Interest Expense | 7.90M | 7.90M | 8.42M | 7.55M | 7.49M | 7.01M |
| Total Non-Interest Expense | 47.02M | 47.02M | 45.39M | 43.75M | 43.39M | 38.61M |
| EBT Excluding Unusual Items | 38.90M | 38.90M | 36.23M | 30.41M | 33.99M | 29.56M |
| Pretax Income | 38.90M | 38.90M | 36.23M | 30.41M | 33.99M | 29.56M |
| Income Tax Expense | 7.73M | 7.73M | 7.07M | 6.12M | 6.88M | 5.96M |
| Net Income | 31.17M | 31.17M | 29.16M | 24.28M | 27.12M | 23.60M |
| Net Income to Common | 31.17M | 31.17M | 29.16M | 24.28M | 27.12M | 23.60M |
| Basic Shares Outstanding | 7.83M | 7.83M | 7.92M | 8.04M | 8.18M | 8.30M |
| Diluted Shares Outstanding | 7.88M | 7.88M | 7.95M | 8.08M | 8.25M | 8.38M |
| EPS (Basic) | 3.98 | 3.98 | 3.68 | 3.02 | 3.32 | 2.84 |
| EPS (Diluted) | 3.96 | 3.96 | 3.67 | 3.01 | 3.29 | 2.82 |
| Dividend Per Share | 1.16 | 1.16 | 1.02 | 0.95 | 0.91 | 0.87 |
| Effective Tax Rate | 19.86% | 19.86% | 19.51% | 20.14% | 20.23% | 20.17% |
Balance sheet
Fiscal year October - September; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 228.06M | 228.06M | 31.67M | 30.49M | 44.22M | 101.12M |
| Investment Securities | 120.53M | 120.53M | 86.80M | 112.15M | 192.91M | 200.01M |
| Mortgage-Backed Securities | 90.74M | 90.74M | 139.38M | 146.28M | 138.08M | 134.75M |
| Total Investments | 211.28M | 211.28M | 226.18M | 258.43M | 330.99M | 334.75M |
| Gross Loans | 1.65B | 1.65B | 1.58B | 1.51B | 1.43B | 1.25B |
| Allowance for Loan Losses | -18.66M | -18.66M | -18.09M | -17.48M | -15.82M | -13.70M |
| Other Adjustments to Gross Loans | -107.51M | -107.51M | -93.82M | -75.30M | -108.44M | -107.49M |
| Net Loans | 1.53B | 1.53B | 1.46B | 1.42B | 1.30B | 1.13B |
| Property, Plant & Equipment | 26.39M | 26.39M | 24.63M | 22.96M | 23.41M | 23.88M |
| Goodwill | 15.13M | 15.13M | 15.13M | 15.13M | 15.13M | 15.13M |
| Other Intangible Assets | 135.00K | 135.00K | 271.00K | 451.00K | 677.00K | 948.00K |
| Loans Held for Sale | 2.21M | 2.21M | 1.13M | 400.00K | 748.00K | |
| Accrued Interest Receivable | 7.80M | 7.80M | 7.39M | 6.99M | 6.00M | 4.48M |
| Other Receivables | 290.00K | 80.00K | 107.00K | |||
| Restricted Cash | 211.76M | 134.23M | 84.50M | 215.64M | ||
| Long-Term Deferred Tax Assets | 959.00K | 492.00K | 262.00K | |||
| Other Real Estate Owned & Foreclosed | 249.00K | 249.00K | 256.00K | 51.00K | 82.00K | 106.00K |
| Other Long-Term Assets | 44.86M | 44.86M | 27.47M | 30.60M | 28.21M | 29.09M |
| Total Assets | 2.06B | 2.06B | 2.01B | 1.92B | 1.84B | 1.86B |
| Accounts Payable | 5.96M | 4.20M | 4.99M | 4.80M | ||
| Interest Bearing Deposits | 1.20B | 1.20B | 1.14B | 1.12B | 1.01B | 1.08B |
| Institutional Deposits | 148.20M | 148.20M | 142.81M | 113.58M | 91.71M | 21.83M |
| Non-Interest Bearing Deposits | 422.56M | 422.56M | 430.69M | 413.12M | 455.86M | 530.06M |
| Total Deposits | 1.77B | 1.77B | 1.72B | 1.65B | 1.56B | 1.63B |
| Short-Term Borrowings | 20.00M | |||||
| Current Portion of Long-Term Debt | 5.00M | 5.00M | 20.00M | |||
| Current Portion of Leases | 377.00K | |||||
| Accrued Interest Payable | 1.96M | 2.13M | 1.40M | 108.00K | ||
| Federal Home Loan Bank Debt, Long-Term | 20.00M | 15.00M | ||||
| Long-Term Leases | 4.25M | 4.25M | 2.70M | 1.57M | 1.87M | 2.07M |
| Other Long-Term Liabilities | 9.11M | 9.11M | 2.53M | 2.48M | 2.64M | 2.79M |
| Total Liabilities | 1.79B | 1.79B | 1.75B | 1.68B | 1.61B | 1.64B |
| Common Stock | 20.22M | 20.22M | 26.30M | 29.86M | 34.77M | 38.75M |
| Retained Earnings | 258.68M | 258.68M | 236.61M | 215.53M | 199.39M | 180.53M |
| Comprehensive Income & Other | -2.59M | -2.59M | -298.00K | 20.00K | -1.08M | -717.00K |
| Shareholders' Equity | 276.31M | 276.31M | 262.61M | 245.41M | 233.07M | 218.57M |
| Total Liabilities & Equity | 2.06B | 2.06B | 2.01B | 1.92B | 1.84B | 1.86B |
| Total Debt | 9.25M | 9.25M | 23.08M | 21.57M | 36.87M | 2.07M |
| Net Cash (Debt) | 231.00M | 231.00M | 15.81M | 19.13M | 22.54M | 121.95M |
| Net Cash Per Share | 29.32 | 29.32 | 1.99 | 2.37 | 2.73 | 14.55 |
| Filing Date Shares Outstanding | 7.78M | 7.78M | 7.88M | 7.97M | 8.11M | 8.24M |
| Total Common Shares Outstanding | 7.78M | 7.78M | 7.89M | 7.96M | 8.11M | 8.22M |
| Book Value Per Share | 35.51 | 35.51 | 33.29 | 30.83 | 28.76 | 26.58 |
| Tangible Book Value | 261.04M | 261.04M | 247.21M | 229.83M | 217.26M | 202.49M |
| Tangible Book Value Per Share | 33.54 | 33.54 | 31.33 | 28.87 | 26.81 | 24.63 |
Cash flow statement
Fiscal year October - September; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 29.16M | 24.28M | 27.12M | 23.60M | ||
| Depreciation & Amortization | 2.49M | 2.58M | 2.66M | 2.84M | ||
| Gain (Loss) on Sale of Assets | -2.00K | -19.00K | 11.00K | |||
| Gain (Loss) on Sale of Investments | -1.29M | -1.12M | -1.30M | 59.00K | ||
| Provision for Credit Losses | 934.00K | 1.15M | 2.13M | 270.00K | ||
| Net Decrease (Increase) in Loans Originated / Sold - Operating | -616.00K | 722.00K | 592.00K | 3.98M | ||
| Accrued Interest Receivable | 1.53M | -3.78M | -112.00K | -1.08M | ||
| Other Operating Activities | -2.08M | -1.03M | -997.00K | -909.00K | ||
| Operating Cash Flow | 30.16M | 23.02M | 31.00M | 26.50M | ||
| Capital Expenditures | -1.74M | -1.31M | -1.11M | -911.00K | ||
| Sale of Property, Plant and Equipment | 8.00K | |||||
| Investment in Securities | 33.16M | 75.02M | 4.60M | -171.08M | ||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -43.14M | -121.08M | -172.86M | -163.24M | ||
| Other Investing Activities | 3.48M | 1.56M | -862.00K | -91.00K | ||
| Investing Cash Flow | -8.25M | -45.80M | -170.22M | -335.16M | ||
| Long-Term Debt Issued | 35.00M | |||||
| Long-Term Debt Repaid | -15.00M | -5.00M | ||||
| Net Debt Issued (Repaid) | -15.00M | 35.00M | -5.00M | |||
| Issuance of Common Stock | 1.67M | 659.00K | 698.00K | 415.00K | ||
| Repurchase of Common Stock | -5.76M | -5.96M | -5.00M | -4.58M | ||
| Common Dividends Paid | -8.09M | -7.65M | -8.27M | -7.23M | ||
| Net Increase (Decrease) in Deposit Accounts | 68.97M | 86.73M | -71.24M | 61.62M | ||
| Financing Cash Flow | 56.79M | 58.78M | -48.81M | 45.22M | ||
| Net Cash Flow | 78.70M | 36.01M | -188.03M | -263.44M | ||
| Free Cash Flow | 28.42M | 21.71M | 29.89M | 25.59M | ||
| Free Cash Flow Margin | 34.82% | 29.28% | 38.63% | 37.53% | ||
| Free Cash Flow Per Share | 3.57 | 2.69 | 3.62 | 3.05 | ||
| Cash Interest Paid | 32.25M | 29.92M | 10.30M | 2.70M | ||
| Cash Income Tax Paid | 7.66M | 6.49M | 6.99M | 5.45M |
Ratios
Fiscal year October - September; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 373.39M | 346.64M | 262.82M | 241.05M | 219.38M | 228.10M |
| Last Close Price | 46.82 | 44.58 | 32.31 | 28.44 | 24.60 | 24.26 |
| PE Ratio | 12.12 | 11.12 | 9.01 | 9.93 | 8.09 | 9.66 |
| PS Ratio | 4.24 | 4.04 | 3.22 | 3.25 | 2.83 | 3.35 |
| PB Ratio | 1.32 | 1.25 | 1.00 | 0.98 | 0.94 | 1.04 |
| P/FCF Ratio | 12.53 | 9.25 | 11.10 | 7.34 | 8.91 | |
| P/OCF Ratio | 11.66 | 8.71 | 10.47 | 7.08 | 8.61 | |
| Debt / Equity Ratio | 0.03 | 0.03 | 0.09 | 0.09 | 0.16 | 0.01 |
| Debt / FCF Ratio | 0.81 | 0.99 | 1.23 | 0.08 | ||
| Net Debt / Equity Ratio | -0.84 | -0.84 | -0.06 | -0.08 | -0.10 | -0.56 |
| Net Debt / FCF Ratio | -0.56 | -0.88 | -0.75 | -4.77 | ||
| Return on Equity (ROE) | 11.57% | 11.57% | 11.48% | 10.15% | 12.01% | 11.09% |
| Return on Assets (ROA) | 1.53% | 1.53% | 1.48% | 1.29% | 1.47% | 1.29% |
| Earnings Yield | 8.25% | 8.99% | 11.09% | 10.07% | 12.36% | 10.35% |
| FCF Yield | 7.98% | 10.81% | 9.01% | 13.63% | 11.22% | |
| Dividend Yield | 2.60% | 2.60% | 3.06% | 3.14% | 3.36% | 3.14% |
| Payout Ratio | 30.05% | 27.73% | 31.50% | 30.48% | 30.64% | |
| Buyback Yield / Dilution | 0.92% | 0.92% | 1.58% | 2.03% | 1.61% | 0.72% |
| Total Shareholder Return | 3.56% | 3.52% | 4.64% | 5.17% | 4.97% | 3.86% |