FS Bancorp Q2 2022 Earnings Report

Net income was $6.7 million for the second quarter of 2022, compared to $8.5 million for the comparable quarter one year ago.

Net interest margin improved to 4.39%, compared to 4.09% for the comparable quarter one year ago.

Loans receivable, net increased $148.4 million, or 8.3%, to $1.95 billion at June 30, 2022, compared to March 31, 2022.

Segment reporting reflected $7.5 million in net income for the commercial and consumer banking segment and $756,000 of net loss for the home lending segment for the second quarter of 2022, compared to $6.7 million and $1.9 million of net income in the second quarter of 2021, respectively.