Timberland Bancorp reported a net income of $5.33 million for the quarter ended March 31, 2022, with EPS at $0.63. The loan portfolio, excluding PPP loans, increased by 6% during the quarter. A quarterly cash dividend of $0.22 per share was announced.
Net income was $5.33 million for the quarter ended March 31, 2022.
Earnings per share (EPS) was $0.63 for the current quarter.
The loan portfolio, excluding PPP loans, increased 6% during the quarter.
A quarterly cash dividend of $0.22 per share was declared.
Timberland is positioned to benefit from Federal Reserve actions to increase interest rates and anticipates continued opportunities to invest excess liquidity.
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