TIMBERLAND BANCORP INC
Close on Oct 19, 2026
- Market cap
- $356.56M
- P/E (TTM)
- 11.4
- Dividend yield
- 2.25%
About Timberland Bancorp
Savings Institutions, Not Federally Chartered, SIC 6036
Timberland Bancorp, Inc. operates as the bank holding company for Timberland Bank, a community-oriented financial institution providing banking services to retail consumers and businesses. The company delivers diverse deposit and savings products along with a wide range of lending solutions. Its credit operations focus heavily on real estate financing, including one- to four-family residential mortgages, multi-family housing loans, commercial real estate loans, and land loans. Additionally, the bank extends commercial business loans, consumer credit lines, and construction financing for custom, speculative residential, and commercial developments.
Headquartered in Hoquiam, Washington, the company conducts its banking operations through 23 branch offices, including its primary office. Its geographic market covers six Washington counties: Grays Harbor, Pierce, Thurston, King, Kitsap, and Lewis. Across these areas, branches serve communities including Hoquiam, Ocean Shores, Montesano, Elma, Aberdeen, Edgewood, Puyallup, Spanaway, Tacoma, Gig Harbor, Tumwater, Yelm, Lacey, Olympia, Poulsbo, Silverdale, Auburn, Winlock, Toledo, and Chehalis.
Summary of the business section of Timberland Bancorp's latest annual report, written by StockData.
Company profile
Company
- Legal name
- TIMBERLAND BANCORP INC
- Founded
- 1997
- Headquarters
- Hoquiam, WA
- Address
- 624 Simpson Ave 98550
- Phone
- (360) 533-4747
- Website
- timberlandbank.com
- Employees
- 271, Sep 30, 2025
- Industry
- Savings Institutions, Not Federally Chartered
- Incorporated in
- Washington
- Fiscal year ends
- September 30
- Auditor
- Delap LLP, Lake Oswego, Oregon
Stock & identifiers
- Ticker
- TSBK
- Exchange
- Nasdaq
- Shares outstanding
- 8M, Aug 3, 2026
- Public float
- $238.29M, Mar 31, 2025
- Filer category
- Accelerated filer<br>Smaller reporting company
- Stock splits
- 2-for-1, Jun 6, 2007
- SEC CIK
- 1046050
- CUSIP
- 887098101
- ISIN
- US8870981011
- EIN
- 91-1863696
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Dean J. Brydon | CEO, Director | 66,549 |
| Jonathan Arthur Fischer | President/COO | 21,159 |
| Matthew Douglas Seath | Chief Risk Officer/EVP | 6,383 |
| Marci A. Basich | Chief Financial Officer | 18,749 |
| Breanne D. Antich | Chief Technology Officer/EVP | 9,757 |
| Matthew J. DeBord | Chief Lending Officer, EVP | 10,374 |
| Kevin John Sakamoto | Chief Credit Officer/SVP | 1,565 |
| Cise Todd Van | Chief Credit Officer/EVP | 10,808 |
| Michael John Stoney | Director | 12,450 |
| Parul Bhandari | Director | 2,527 |
| Robert A. Drugge | Director | 45,018 |
| David Alan Smith | Director | 18,468 |
| Andrea M. Clinton | Director | 10,210 |
| Kathy D. Leodler | Director | 1,735 |
| Kelly Suter | Director | 2,445 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Dean J. Brydon | $652.15K | $669.42K | $511.81K | $117 | – |
| FY2025 Dean J.Brydon | $652.15K | $669.42K | $511.81K | $117 | – |
| FY2024 Dean J.Brydon | $604.77K | $624.82K | $470.02K | $113 | – |
| FY2023 Dean J.Brydon | $491.29K | $487.49K | $400.89K | $100 | – |
| FY2023 Michael R.Sand | $285.17K | $279.10K | $400.89K | $100 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of September 30, 2025, the Company had 271 full-time employees and 9 part-time and on-call employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jan 7, 2026 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Oct 1, 2018 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jul 27, 2018 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Mar 5, 2010 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Feb 26, 2010 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| May 10, 2005 | Late filing | Notification of late filing |