FS Bancorp, Inc. (FSBW)
FS Bancorp, Inc. (FSBW)
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and due from banks | 12,424 | 13,504 | 12,391 | 15,168 |
| Interest-bearing deposits at other financial institutions | 26,278 | 14,715 | 48,889 | 18,027 |
| Total cash and cash equivalents | 38,702 | 28,219 | 61,280 | 33,195 |
| Certificates of deposit at other financial institutions | NaN | 0 | 0 | 248 |
| Securities available-for-sale, at fair value (amortized cost of 293,844 and 310,097, net of allowance for credit losses of 0 and 0, respectively) | 271,007 | 288,667 | 311,695 | 302,692 |
| Securities held-to-maturity, at amortized cost (fair value of 34,303 and 34,396, net of allowance for credit losses of 277 and 277, respectively) | 33,267 | 33,224 | 31,386 | 31,562 |
| Loans held for sale, at fair value | 56,275 | 43,705 | 38,579 | 53,630 |
| Financing receivable, gross | 2,656,534 | 2,655,109 | 2,629,657 | NaN |
| Acl on loans | 32,443 | 31,937 | 30,056 | NaN |
| Loans receivable, net of allowance for credit losses of 32,443 and 31,937 (includes loans of 12,977 and 13,183, at fair value, respectively) | 2,624,091 | 2,623,172 | 2,599,601 | 2,582,272 |
| Accrued interest receivable | 15,333 | 14,614 | 15,122 | 14,270 |
| Premises and equipment, gross | NaN | 68,818 | NaN | NaN |
| Less accumulated depreciation and amortization | NaN | 24,753 | NaN | NaN |
| Premises and equipment, net | 43,612 | 44,065 | 32,444 | 30,098 |
| Long-lived assets held for sale | 3,258 | 3,258 | NaN | NaN |
| Operating lease right-of-use (rou) assets | 5,472 | 5,789 | 6,832 | 7,969 |
| Federal home loan bank (fhlb) stock, at cost | 8,701 | 7,971 | 7,975 | 11,579 |
| Deferred tax asset, net | 7,175 | 6,993 | 6,767 | 7,782 |
| Bank owned life insurance (boli), net | 36,508 | 36,249 | 38,531 | 38,262 |
| Mortgage servicing rights (msrs), held at the lower of cost or fair value | 8,676 | 8,608 | 8,506 | 8,652 |
| Goodwill | 3,592 | 3,592 | 3,592 | 3,592 |
| Core deposit intangible, net | 9,774 | 10,518 | 11,284 | 12,071 |
| Other assets | 38,072 | 38,203 | 35,231 | 38,139 |
| Total assets | 3,203,515 | 3,196,847 | 3,208,825 | 3,176,013 |
| Noninterest-bearing accounts | 653,691 | 658,123 | 665,852 | 654,069 |
| Interest-bearing accounts | 1,983,885 | 2,015,519 | 2,020,640 | 1,899,306 |
| Total deposits | 2,637,576 | 2,673,642 | 2,686,492 | 2,553,375 |
| Borrowings | 167,305 | 129,305 | 129,305 | 234,305 |
| Principal amount | 50,000 | 50,000 | 50,000 | 50,000 |
| Unamortized debt issuance costs | 322 | 339 | 356 | 373 |
| Total subordinated notes less unamortized debt issuance costs | 49,678 | 49,661 | 49,644 | 49,627 |
| Operating lease liabilities | 5,570 | 5,889 | 6,993 | 8,138 |
| Other liabilities | 29,534 | 30,656 | 35,880 | 33,365 |
| Total liabilities | 2,889,663 | 2,889,153 | 2,908,314 | 2,878,810 |
| Preferred stock, .01 par value 5,000,000 shares authorized none issued or outstanding | 0 | 0 | 0 | 0 |
| Common stock, .01 par value 45,000,000 shares authorized 7,501,542 and 7,507,519 shares issued and outstanding at march 31, 2026 and december 31, 2025, respectively | 75 | 75 | 75 | 76 |
| Additional paid-in capital | 43,668 | 43,251 | 43,907 | 48,418 |
| Retained earnings | 285,854 | 280,197 | 273,882 | 268,509 |
| Accumulated other comprehensive loss, net of tax | -15,745 | -15,829 | -17,353 | -19,800 |
| Total stockholders equity | 313,852 | 307,694 | 300,511 | 297,203 |
| Total liabilities and stockholders equity | 3,203,515 | 3,196,847 | 3,208,825 | 3,176,013 |