TSBK Timberland Bancorp, Inc.

Margins & Returns

Timberland Bancorp, Inc. functions as the parent entity for Timberland Bank, a financial institution dedicated to offering a range of community-focused banking services throughout Washington State. Clients can access a variety of deposit accounts, such as money market accounts, checking accounts, standard savings accounts, and certificates of deposit (CDs). The bank specializes in a comprehensive suite of lending options, particularly in real estate. This includes financing for single-family homes, multi-family residences, commercial properties, and land development. They also provide loans for diverse construction projects, from custom builds and owner/builder initiatives to speculative residential, commercial, and multi-family developments. Beyond real estate, Timberland Bank offers various consumer credit products. These encompass home equity lines of credit (HELOCs) and second mortgages, as well as loans for vehicles like automobiles, boats, motorcycles, and recreational vehicles (RVs). Furthermore, personal financing options include loans secured by savings accounts and unsecured personal loans. The institution also supports local businesses with commercial loans. As of September 30, 2021, the company's network comprised 24 branch locations strategically situated across six Washington counties: Grays Harbor, Pierce, Thurston, Kitsap, King, and Lewis. This physical footprint was complemented by 25 proprietary automated teller machines (ATMs). Established in 1915, Timberland Bancorp, Inc. maintains its headquarters in Hoquiam, Washington.