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Dec 31, 2020
FS Bancorp Q4 2020 Earnings Report
FS Bancorp corrected its earnings release regarding loans in deferral status.
Key Takeaways
FS Bancorp corrected the amount of loans still in deferral status in its Q4 2020 earnings release. The corrected figures reflect adjustments to commercial real estate and commercial business loans under payment/relief agreements.
The earnings release issued on January 28, 2021, contained an incorrect amount of loans still in deferral status.
The correction pertains to the section addressing the company's response to the COVID-19 pandemic.
Commercial real estate loans under payment/relief agreements were corrected from $20.8 million to $31.2 million.
Commercial business loans under payment/relief agreements were corrected from $10.6 million to $12.8 million.