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Timberland Bancorp, Inc. and Subsidiary Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2012
Interest and dividend income      
Loans receivable $ 29,205 $ 29,591 $ 30,831
Securities 259 281 404
Dividends from mutual funds and FHLB stock 27 29 32
Interest-bearing deposits in banks and CDs 366 336 338
Total interest and dividend income 29,857 30,237 31,605
Interest expense      
Deposits 2,066 2,568 3,951
FHLB advances 1,873 1,871 1,996
Total interest expense 3,939 4,439 5,947
Net interest income 25,918 25,798 25,658
Provision for loan losses 0 2,925 3,500
Net interest income after provision for loan losses 25,918 22,873 22,158
Non-interest income      
Recoveries (other than temporary impairment “OTTI”) on securities 7 (15) (206)
Adjustment for portion of OTTI recorded as (transferred from) other comprehensive loss (before taxes) 52 (32) (8)
Net recoveries (OTTI) on securities 59 (47) (214)
Gain (loss) on sales of securities (32) 0 22
Service charges on deposits 3,738 3,663 3,795
ATM and debit card interchange transaction fees 2,426 2,142 2,172
BOLI net earnings 530 577 607
Gain on sales of loans, net 1,013 2,507 2,472
Escrow fees 158 184 118
Valuation recovery on MSRs, net 0 475 10
Other 638 761 799
Total non-interest income, net 8,530 10,262 9,781
Non-interest expense      
Salaries and employee benefits 13,294 12,605 12,050
Premises and equipment 2,878 2,835 2,676
Gain on disposition of premises and equipment, net (7) (431) 0
Advertising 742 742 726
OREO and other repossessed assets, net 1,010 2,587 1,982
ATM and debit card interchange transaction fees 1,096 857 794
Postage and courier 446 443 501
Amortization of CDI 116 130 148
State and local taxes 479 576 608
Professional fees 792 856 822
Federal Deposit Insurance Corporation (FDIC) insurance 636 685 942
Other insurance 150 174 212
Loan administration and foreclosure 456 430 816
Data processing and telecommunications 1,450 1,232 1,265
Deposit operations 759 607 776
Other 1,501 1,536 1,250
Total non-interest expense 25,798 25,864 25,568
Income before income taxes 8,650 7,271 6,371
Provision for federal income taxes 2,800 2,514 1,781
Net income 5,850 4,757 4,590
Preferred stock dividends (136) (710) (832)
Preferred stock discount accretion (70) (283) (240)
Repurchase of preferred stock at a discount 0 255 0
Net income to common shareholders $ 5,644 $ 4,019 $ 3,518
Net income per common share      
Basic (in dollars per share) $ 0.82 $ 0.59 $ 0.52
Diluted (in dollars per share) $ 0.80 $ 0.58 $ 0.52