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Timberland Bancorp, Inc. and Subsidiary Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Mar. 31, 2013
Interest and dividend income        
Loans receivable $ 7,255 $ 7,395 $ 14,573 $ 14,809
MBS and other investments 64 70 124 147
Dividends from mutual funds and FHLB stock 6 5 15 17
Interest-bearing deposits in banks 87 82 181 168
Total interest and dividend income 7,412 7,552 14,893 15,141
Interest expense        
Deposits 514 650 1,064 1,378
FHLB advances 461 461 933 933
Total interest expense 975 1,111 1,997 2,311
Net interest income 6,437 6,441 12,896 12,830
Provision for loan losses 0 1,175 0 1,375
Net interest income after provision for loan losses 6,437 5,266 12,896 11,455
Non-interest income        
Recovery (Other than temporary impairment “OTTI”) on MBS and other investments 89 4 86 (3)
Adjustment for portion recorded as (transferred from) other comprehensive income (loss) before taxes 0 (29) 1 (32)
Net recoveries (OTTI) on MBS and other investments 89 (25) 87 (35)
Gain (Loss) on Sale of Other Investments (32) 0 (32) 0
Service charges on deposits 883 827 1,874 1,774
ATM and debit card interchange transaction fees 573 521 1,158 1,036
BOLI net earnings 143 144 258 287
Gain on sales of loans, net 172 833 474 1,475
Escrow fees 30 44 66 79
Valuation recovery on MSRs 0 221 0 475
Fee income from non-deposit investment sales 16 31 44 56
Other 139 182 279 346
Total non-interest income, net 2,013 2,778 4,208 5,493
Non-interest expense        
Salaries and employee benefits 3,434 3,086 6,813 6,200
Premises and equipment 647 725 1,340 1,415
Advertising 172 172 349 349
OREO and other repossessed assets, net 397 506 555 794
ATM and debit card processing 358 196 585 417
Postage and courier 110 109 207 209
Amortization of CDI 29 32 58 65
State and local taxes 121 157 238 296
Professional fees 211 192 394 434
Federal Deposit Insurance Corporation (FDIC) insurance 160 128 321 369
Other insurance 40 43 79 95
Loan administration and foreclosure 138 49 248 187
Data processing and telecommunications 329 305 659 592
Deposit operations 225 161 423 338
Other 383 323 726 801
Total non-interest expense 6,754 6,184 12,995 12,561
Income before federal income taxes 1,696 1,860 4,109 4,387
Provision for federal income taxes 537 582 1,339 1,401
Net income 1,159 1,278 2,770 2,986
Preferred stock dividends 0 (207) (136) (408)
Preferred Stock Redemption Discount 0 255 0 255
Preferred stock discount accretion 0 (126) (70) (189)
Net income to common shareholders $ 1,159 $ 1,200 $ 2,564 $ 2,644
Net income per common share        
Basic (in dollars per share) $ 0.17 $ 0.18 $ 0.37 $ 0.39
Diluted (in dollars per share) $ 0.16 $ 0.17 $ 0.37 $ 0.39
Weighted average common shares outstanding        
Basic (in shares) 6,856,633 6,815,782 6,855,142 6,815,782
Diluted (in shares) 7,033,979 6,889,504 7,005,877 6,854,879
Dividends paid per common share (in dollars per share) $ 40 $ 0.03 $ 70 $ 30.00