Timberland Bancorp Inc. Stock Analysis TSBK

Timberland Bancorp, Inc. is a holding company, which engages in the provision of community banking services. The company is headquartered in Hoquiam, Washington and currently employs 271 full-time employees. The Bank primarily 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 23 branches. The Bank is a community-oriented bank which has traditionally offered a variety of savings products to its retail and business customers while concentrating its lending activities on real estate mortgage loans. Its lending activities have been focused primarily on the origination of loans secured by real estate, including residential and commercial / multi-family construction loans, one- to four-family residential loans, multi-family loans, commercial real estate loans, and land loans. The Bank also provides commercial business loans and other consumer loans. The company also provides cash management, merchant services, remote deposit, online and mobile banking, online bill pay, and financial planning services.