Business NewsMarketWire • Timberland Bancorp Reports Fiscal Third Quarter 2011 Results

Timberland Bancorp Reports Fiscal Third Quarter 2011 Results

Timberland Bancorp Reports Fiscal Third Quarter 2011 Results

HOQUIAM, WA--(Marketwire - Jul 26, 2011) - Timberland Bancorp, Inc. (NASDAQ: TSBK) ("Timberland" or "the Company") today reported a net loss of $(1.28 million) for its fiscal third quarter ended June 30, 2011 and net income of $1.16 million for the fiscal year to date. The quarter's net loss to common shareholders after adjusting for the preferred stock dividend and the preferred stock discount accretion was $(1.55 million), or $(0.23) per diluted common share. This compares to net income to common shareholders of $819,000, or $0.12 per diluted common share for the quarter ended March 31, 2011 and net income to common shareholders of $543,000, or $0.08 per diluted common share for the quarter ended June 30, 2010.

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Timberland Bancorp Reports Fiscal Third Quarter 2011 Results