Timberland Bancorp, Inc. (TSBK)

Timberland Bancorp Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Interest Income on Loans	77.43	77.43	63.15	51.32	52.54	51.34
Interest Income on Investments	17.4	17.4	16.8	7.18	2.42	4.24
Total Interest Income	94.83	94.83	79.95	58.51	54.96	55.58
Interest Paid on Deposits	29.66	29.66	11.3	2.66	3.01	4.64
Interest Paid on Borrowings	1	1	0.29	0.02	0.09	0.07
Total Interest Expense	30.66	30.66	11.59	2.67	3.1	4.7
Net Interest Income	64.17	64.17	68.36	55.83	51.86	50.88
Net Interest Income Growth (YoY)	-6.13%	-6.13%	22.43%	7.67%	1.92%	-0.54%
Gain (Loss) on Sale of Assets	0	0	0.02	-0.01	-	0.1
Gain (Loss) on Sale of Investments	0.07	0.07	0.08	-0.1	-0	0.12
Other Non-Interest Income	6.69	6.69	6.99	7.25	7.35	6.94
Total Non-Interest Income	11.14	11.14	11.16	12.61	17.16	17.29
Non-Interest Income Growth (YoY)	-0.19%	-0.19%	-11.51%	-26.51%	-0.72%	29.91%
Revenues Before Loan Losses	75.31	75.31	79.52	68.45	69.02	68.17
Provision for Loan Losses	1.15	1.15	2.13	0.27	-	3.7
Revenue	74.15	74.15	77.39	68.18	69.02	64.47
Revenue Growth (YoY)	-4.18%	-4.18%	13.51%	-1.22%	7.06%	0.00%
Salaries and Employee Benefits	23.34	23.34	23.24	20.57	18.58	18.14
Occupancy Expenses	3.62	3.62	3.56	3.37	3.55	3.59
Federal Deposit Insurance	0.83	0.83	0.71	0.51	0.42	0.2
Amortization of Goodwill & Intangibles	0.23	0.23	0.27	0.32	0.36	0.41
Selling, General & Administrative	7.65	7.65	7.62	6.36	5.3	5.18
Other Non-Interest Expense	7.56	7.56	7.49	7.01	6.01	5.92
Total Non-Interest Expense	43.75	43.75	43.39	38.61	34.59	34.16
EBT Excluding Unusual Items	30.41	30.41	33.99	29.56	34.43	30.31
Pretax Income	30.41	30.41	33.99	29.56	34.43	30.31
Income Tax Expense	6.12	6.12	6.88	5.96	6.85	6.04
Net Income	24.28	24.28	27.12	23.6	27.58	24.27
Net Income to Common	24.28	24.28	27.12	23.6	27.58	24.27
Net Income Growth	-10.45%	-10.45%	14.91%	-14.44%	13.66%	1.04%
Basic Shares Outstanding	8	8	8	8	8	8
Diluted Shares Outstanding	8	8	8	8	8	8
Shares Change (YoY)	-2.03%	-2.03%	-1.61%	-0.72%	0.26%	-0.54%
EPS (Basic)	3.02	3.02	3.32	2.84	3.31	2.91
EPS (Diluted)	3.01	3.01	3.29	2.82	3.27	2.88
EPS Growth	-8.51%	-8.51%	16.67%	-13.76%	13.54%	1.41%
Dividend Per Share	0.950	0.950	0.910	0.870	0.830	0.750
Dividend Growth	4.40%	4.40%	4.60%	4.82%	10.67%	29.31%
Effective Tax Rate	20.14%	20.14%	20.23%	20.17%	19.88%	19.92%

Source: S&P Capital IQ. Banks template. Financial Sources.