| Cash Flow | 2025-09-30 |
|---|---|
| Income before income taxes and equity in undistributed income of bank | 36,231 |
| Benefit for income taxes | 7,070 |
| Net income | 29,161 |
| Depreciation | 1,537 |
| Deferred income taxes | -383 |
| Amortization of cdi | 180 |
| Accretion of discount on purchased loans | -104 |
| Stock-based compensation expense | 537 |
| Gain on sales of investment securities, net | 24 |
| Net recoveries on investment securities | -14 |
| Change in fair value of investments in equity securities | -2 |
| Accretion of discounts and premiums on securities | 1,251 |
| Gain on sales of loans, net | 511 |
| Gain on sales/dispositions of premises and equipment, net | 0 |
| Total provision for credit losses - net | 934 |
| Loans originated for sale | 23,217 |
| Proceeds from sales of loans | 22,601 |
| Amortization of loan servicing rights | 777 |
| Boli net earnings | 662 |
| Boli death benefit in excess of cash surrender value | 1,040 |
| Increase in deferred loan origination fees | -103 |
| Net change in accrued interest receivable and other assets, and other liabilities and accrued expenses | 1,532 |
| Net cash provided by operating activities | 30,158 |
| Net decrease in cds held for investment | -2,992 |
| Purchase of investment securities held to maturity | 5,413 |
| Purchase of investment securities available for sale | 47,473 |
| Proceeds from maturities and prepayments of investment securities held to maturity | 41,216 |
| Proceeds from maturities and prepayments of investment securities available for sale | 28,319 |
| Proceeds from sales of investment securities available for sale | 13,514 |
| Purchase of fhlb stock | 8 |
| Proceeds from redemption of fhlb stock | 0 |
| Increase in loans receivable, net | 43,141 |
| Purchase of premises and equipment | 1,735 |
| Proceeds from sales/dispositions of premises and equipment | 0 |
| Proceeds from death benefit on boli | 3,483 |
| Net cash used in investing activities | -8,246 |
| Net increase (decrease) in deposits | 68,967 |
| (repayment of) proceeds from fhlb borrowings | 0 |
| Proceeds from exercise of stock options | 1,665 |
| Repurchase of common stock, net of tax | 5,759 |
| Payment of dividends | 8,085 |
| Net cash provided by (used in) financing activities | 56,788 |
| Net increase (decrease) in cash and cash equivalents | 78,700 |
| Cash and cash equivalents at beginning of period | 164,728 |
| Cash and cash equivalents at end of period | 243,428 |
TIMBERLAND BANCORP INC (TSBK)
TIMBERLAND BANCORP INC (TSBK)