Timberland Bank: Financial Reports & UBPR Data
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Data as of · sourced from FFIEC call reports. How we update
Problem loans are rising at Timberland Bank. Based in Hoquiam, Washington, it had $2.1 billion in assets at June 30, 2026, up 5.3% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 0.56% of loans from 0.26% a year earlier. It holds common equity equal to 19.54% of its risk-weighted assets, higher than about three-quarters of the 895 banks with $1 billion to $10 billion in assets (median 13.52%). On the other hand, it holds commercial real estate loans worth 2.9 times its capital, higher than about three-quarters of banks its size (median 2.2 times).
Delinquency has appeared in its $399 million non-owner-occupied commercial real estate book: 1.08% of those loans are past due or on nonaccrual, against almost none a year earlier.
As of June 30, 2026, Timberland Bank reported a CET1 capital ratio of 19.54%, a return on assets of 1.54%, a nonperforming-loan ratio of 0.56% and a Texas ratio of 3.18%, according to its call report filed with the FFIEC.
Headquarters Profile
- Address
- 624 Simpson Ave, Hoquiam, WA 98550
- County
- Grays Harbor
- Metro Area
- Aberdeen, WA
- Charter
- State-chartered stock savings bank, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- San Francisco (Region 14)
- Federal Reserve member
- —
- Federal Reserve district
- District 12, San Francisco
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- January 1, 1915
- Former names
- Timberland Savings Bank, SSB (1998-2001); Timberland Savings Bank, a mutual savings bank (1991-1998); Timberland Savings Bank, F.S.B. (1989-1991)
- Offices
- 24 domestic
- Employees (FTE)
- 268
- Domestic deposits
- $1.76B
- Allowance for credit losses
- $19.2M
- Net charge-offs (YTD)
- $0
- Average total assets
- $2.03B
- Average total loans
- $1.49B
- Average interest-bearing deposits
- $1.34B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 28453
- Fed RSSD
- 294779
- SEC CIK
- 1046050 → filed by TIMBERLAND BANCORP, INC.
- Website
- http://www.timberlandbank.com →
- Parent Holding Company
- TIMBERLAND BANCORP, INC. (RSSD 2621548) · TSBK
Management
Senior officers at parent holding company, from SEC Form 3/4/5 disclosures
| Name | Role | Title |
|---|---|---|
| Dean J Brydon | CEO | CEO |
| Fischer Jonathan Arthur | COO | President/COO |
| Marci A Basich | CFO | Chief Financial Officer |
| Sakamoto Kevin John | CCO | Chief Credit Officer/SVP |
| Seath Matthew Douglas | CRO | Chief Risk Officer/EVP |
| Breanne D Antich | CTO | Chief Technology Officer/EVP |
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Rows tagged YTD are fiscal year to date through June 30, 2026, as filed. Net income is tagged Q2 because it is that quarter's own figure, not a running total, so it cannot be compared with a YTD row. ROA, ROE and net interest margin are the quarter's own income, annualized. The UBPR and FDIC annualize the year to date instead, so after the first quarter their figures differ from ours; where the UBPR has this quarter, its value is shown beside each as YTD.
Quarterly trends
Last 12 quarters from this bank's own FFIEC call reports. Dollar figures are the quarter's own amount: the income statement is filed year to date, so those lines are shown net of the preceding quarter.
Balances at each quarter end. The gap between the two lines is equity capital.
Balances at each quarter end. Loans rising toward deposits is the loan-to-deposit ratio tightening.
Balances at each quarter end. Each line is its own balance, not stacked on the other.
Each bar is that quarter alone. The gap between the two is net interest income.
What the balance sheet earned on spread that quarter, before fees and operating costs.
Fees, trading and other income against salaries, premises and the rest of the cost base.
What the bank charged to earnings that quarter to build its allowance for expected losses.
Net income for the quarter alone. The Call Report reports it year to date; this series converts it to the single quarter, so each bar covers three months.
CET1 is common equity tier 1 as a share of risk-weighted assets; the leverage ratio is tier 1 capital as a share of average total assets. A bank that files the community bank leverage ratio reports no CET1 ratio, so only its leverage line appears.
Inside the full Timberland Bank terminal
26 years of quarterly trends · 8 tabs · peer percentiles · Excel export
Unlock Timberland Bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Timberland Bank rankings
How this bank ranks on each leaderboard. Click any rank to see the full ranked list.
Ranked among banks that report this metric, so the total differs from card to card. The CET1 ranking leaves out community bank leverage ratio filers, which report no CET1 ratio.
Quarterly trend: last 8 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 19.54% | 1.54% | 0.56% | 3.18% | 3.85% |
| Q1 2026 | 20.26% | 1.43% | 0.64% | 3.51% | 3.76% |
| Q4 2025 | 19.86% | 1.65% | 0.29% | 1.67% | 3.88% |
| Q3 2025 | 19.30% | 1.70% | 0.30% | 1.75% | 3.85% |
| Q2 2025 | 19.16% | 1.48% | 0.26% | 1.58% | 3.79% |
| Q1 2025 | 18.99% | 1.42% | 0.16% | 1.00% | 3.74% |
| Q4 2024 | 18.53% | 1.44% | 0.19% | 1.19% | 3.67% |
| Q3 2024 | 17.99% | 1.32% | 0.27% | 1.58% | 3.60% |
Swipe the table sideways to see every column.
Branch Network
Every branch from the FDIC Summary of Deposits, listed with the deposits booked at each location. The FDIC's office count above also includes administrative and limited-service offices, so the two totals can differ. View all 24 branches →
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Lacey | Lacey , WA | 98503 | $174.4M |
| Tacoma Branch | Tacoma , WA | 98408 | $134.3M |
| Elma Branch | Elma , WA | 98541 | $131.3M |
| Timberland Bank (main office) | Hoquiam , WA | 98550 | $123.5M |
| Olympia | Olympia , WA | 98501 | $114.3M |
| Aberdeen Branch | Aberdeen , WA | 98520 | $96.1M |
| Olympia Branch | Olympia , WA | 98502 | $93.6M |
| Lacey Branch | Lacey , WA | 98516 | $78.7M |
| Bethel Station Branch | Spanaway , WA | 98387 | $72.7M |
| Chehalis Branch | Chehalis , WA | 98532 | $70.7M |
| Edgewood Branch | Puyallup , WA | 98371 | $70.6M |
| Tumwater Branch | Tumwater , WA | 98512 | $70.2M |
| South Hill Branch | Puyallup , WA | 98373 | $58.3M |
| Montesano Branch | Montesano , WA | 98563 | $56.9M |
| Gig Harbor Branch | Gig Harbor , WA | 98335 | $56.1M |
| Silverdale | Silverdale , WA | 98383 | $54.6M |
| Toledo Branch | Toledo , WA | 98591 | $51.8M |
| Auburn Branch | Auburn , WA | 98002 | $48.4M |
| South Aberdeen Branch | Aberdeen , WA | 98520 | $47.0M |
| Ocean Shores Branch | Ocean Shores , WA | 98569 | $43.3M |
| Yelm Branch | Yelm , WA | 98597 | $40.6M |
| Winlock Branch | Winlock , WA | 98596 | $39.9M |
| Poulsbo Branch | Poulsbo , WA | 98370 | $31.7M |
| Timberland Bank - University Place Branch | University Place , WA | 98466 | $5.5M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| October 1, 2018 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 1, 2018 | Structure Change | Acquired South Sound Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
What the public regulatory sources show for Timberland Bank, each with its period and source. These are facts as filed or published, not a rating or score. "Not on file" means we hold no record from that source, which is not the same as a clean record.
- Enforcement actions
- Not on file: no matched FDIC, Federal Reserve or OCC action
- Period: not on file. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.8% of deposits in WA, rank 16 of 63 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 369 applications, 233 loans originated, $162.1M originated, across 4 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 6 loans, $3.9M approved, $645K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Consumer complaints
- Not on file: no CFPB complaints matched
- Period: not on file. Source: CFPB consumer complaint database.
- CFPB enforcement
- Not on file: CFPB enforcement actions are not loaded
- Period: not on file. Source: CFPB enforcement actions.
- CRA examination rating
- Not on file: FFIEC CRA ratings are not loaded
- Period: not on file. Source: FFIEC CRA ratings.
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Frequently asked about Timberland Bank
What are Timberland Bank's total assets?
As of the Q2 2026 filing, Timberland Bank reported total assets of $2.06 billion in its FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is Timberland Bank headquartered?
Timberland Bank is headquartered in Hoquiam, WA, United States. It files quarterly FFIEC call reports, as every FDIC-insured savings bank must.
When was Timberland Bank founded?
Timberland Bank was established in 1915, per the FDIC institution directory.
Is Timberland Bank FDIC-insured?
Yes. Timberland Bank is an FDIC-insured savings bank (FDIC Certificate #28453). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Timberland Bank?
Timberland Bank's primary federal regulator is the FDIC. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
What is Timberland Bank's CET1 capital ratio?
Timberland Bank reported a Common Equity Tier 1 (CET1) capital ratio of 19.54% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Timberland Bank operate?
Timberland Bank operates 24 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Timberland Bank's Texas Ratio?
Timberland Bank's Texas Ratio is 3.18% in its Q2 2026 call report, within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; the glossary entry for the Texas Ratio carries the full definition.
What was Timberland Bank previously called?
The charter now named Timberland Bank has also operated as Timberland Savings Bank, SSB (1998-2001), Timberland Savings Bank, a mutual savings bank (1991-1998), Timberland Savings Bank, F.S.B. (1989-1991), per FDIC structure-change records.
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