Timberland Bancorp, Inc. (TSBK)

28.10 +0.30 (+1.08%) At close: 04:00PM EDT

Timberland Bancorp, Inc.

624 Simpson Avenue
Hoquiam, WA 98550
United States
360 533 4747
https://www.timberlandbank.com

Sector(s): Financial Services
Industry: Banks—Regional
Full-time employees: 276

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Michael R. Sand	CEO & Director	653.41k	N/A	1954
Mr. Dean J. Brydon CPA	CFO & Pres	321.9k	N/A	1967
Mr. Robert A. Drugge	Exec. VP of Lending	321.69k	N/A	1951
Mr. Jonathan Arthur Fischer	Exec. VP, Corp. Sec. & COO	N/A	N/A	1974
Mr. Edward Colman Foster	Exec. VP & Chief Credit Administrator	N/A	N/A	1957
Ms. Marci A. Basich CPA	Sr. VP & Treasurer	N/A	N/A	1969
Mr. Clarence E. Hamre	Advisory Director	N/A	N/A	1934
Mr. Harold L. Warren	Advisory Director	N/A	N/A	1934
Mr. Richard Pifer	Regional Mang. of Community Lending	N/A	N/A	N/A

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Timberland Bancorp, Inc. operates as the bank holding company for Timberland Bank that provides various community banking services in Washington. It offers various deposit products, including money market deposit, checking, and regular savings accounts, as well as certificates of deposit. The company also provides one-to four-family residential, multi-family, commercial real estate, construction, custom and owner/builder construction, speculative one- to four-family construction, commercial construction, multi-family construction, land development construction, and land development loans. In addition, it offers consumer loans comprising home equity lines of credit and second mortgage loans; and automobile loans, boat loans, motorcycle loans, recreational vehicle loans, savings account loans, and unsecured loans, as well as commercial business loans. As of September 30, 2021, the company operated 24 branches located in Grays Harbor, Pierce, Thurston, Kitsap, King, and Lewis counties in Washington; and operated 25 proprietary automated teller machines. Timberland Bancorp, Inc. was founded in 1915 and is headquartered in Hoquiam, Washington.

Corporate governance

Timberland Bancorp, Inc.’s ISS governance QualityScore as of 1 October 2022 is 8. The pillar scores are Audit: 4; Board: 9; Shareholder rights: 9; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.