FS Bancorp, Inc. reported a net income of $5.9 million, or $1.30 per diluted share for the fourth quarter of 2019. The board of directors increased the quarterly dividend by $0.01 to $0.21 per share. Total gross loans increased by $25.7 million during the quarter, reaching $1.35 billion at the end of 2019.
Net income was $5.9 million for the fourth quarter of 2019.
The Board approved a $0.01 increase in the quarterly dividend to $0.21, or $0.84 annually.
The Board approved a share repurchase plan which includes up to 225,000 shares to be repurchased over the next 12 months.
Total gross loans increased $25.7 million during the quarter to $1.35 billion at December 31, 2019.
This document does not contain forward guidance.