FS Bancorp reported a net income of $9.1 million, or $1.16 per diluted share, for the second quarter of 2023, compared to $6.7 million, or $0.83 per diluted share, for the comparable quarter one year ago. The company remained focused on integrating acquired branches and approved its forty-second consecutive quarterly cash dividend.
Net income was $9.1 million for the second quarter of 2023, compared to $6.7 million for the comparable quarter one year ago.
Net interest margin compressed slightly to 4.66%, compared to 4.39% for the comparable quarter one year ago.
Loans receivable, net increased $42.8 million to $2.34 billion at June 30, 2023, compared to $1.95 billion at June 30, 2022.
Consumer loans increased $27.2 million to $633.9 million at June 30, 2023, compared to $485.3 million in the comparable quarter one year ago.
This document does not contain forward guidance.