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Timberland Bancorp reported a net income of $5.49 million, or $0.65 per diluted common share, for the quarter ended December 31, 2021. The company saw very strong loan originations and significant loan growth during the quarter, with net loans outstanding, excluding PPP loans, increasing by $45.1 million, or nearly 5%.
Net income was $5.49 million for the quarter ended December 31, 2021.
EPS was $0.65 for the current quarter.
Return on average equity was 10.55% for the current quarter.
Loan portfolio (excluding PPP Loans) increased 5% during the quarter.
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