Timberland Bancorp To Participate FIG Partners Wes

HOQUIAM, Wash., Jan. 27, 2017 (GLOBE NEWSWIRE) -- Timberland Bancorp, Inc. (NASDAQ: TSBK ) (“Timberland” or “the Company”) today announced that Michael R. Sand, President and CEO, will attend the FIG Partners’ 8th Annual West Coast Bank CEO Forum at the Omni Hotel in Los Angeles on February 1 and 2, 2017.  Sand is scheduled to participate on the Pacific Northwest Banks panel Thursday, February 2, 2017, at 12:45 p.m. PST.  

For more information on the conference, or to schedule a one-on-one meeting, please contact your FIG representative, or Cathy Jeff at 404-601-7200.

On January 23, 2017, Timberland reported net income grew 24% to $3.15 million, or $0.43 per diluted common share, for its first fiscal quarter ended December 31, 2016, compared to $2.53 million, or $0.36 per diluted common share, for the quarter ended December 31, 2015 and up 17% from $2.70 million, or $0.38 per diluted common share for the preceding quarter, ended September 30, 2016.

About FIG Partners

FIG Partners LLC is an employee-owned broker/dealer specializing in financial institutions. Its expertise includes independent research on more than 120 public bank stocks and the industry at large.  FIG has advised on more than $2.6 billion of M&A transaction value since 2007 and provides OTC market-making for 750 banks nationwide.

About Timberland Bancorp, Inc.

Timberland Bancorp, Inc., a Washington corporation, is the holding company for Timberland Bank (“Bank”).  The Bank opened for business in 1915 and serves consumers and businesses across Grays Harbor, Thurston, Pierce, King, Kitsap and Lewis counties, Washington with a full range of lending and deposit services through its 22 branches (including its main office in Hoquiam).  

Contact: Michael R. Sand, President & CEO Dean J. Brydon, CFO (360) 533-4747 www.timberlandbank.com