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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 9 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Interest and dividend income        
Loans receivable $ 7,238 $ 7,422 $ 21,811 $ 22,231
MBS and other investments 66 69 190 216
Dividends from mutual funds and FHLB stock 6 5 21 22
Interest-bearing deposits in banks 87 79 268 247
Total interest and dividend income 7,397 7,575 22,290 22,716
Interest expense        
Deposits 498 609 1,562 1,987
FHLB advances 466 467 1,399 1,399
Total interest expense 964 1,076 2,961 3,386
Net interest income 6,433 6,499 19,329 19,330
Provision for loan losses 0 1,385 0 2,760
Net interest income after provision for loan losses 6,433 5,114 19,329 16,570
Non-interest income        
Recoveries (Other than temporary impairment “OTTI”) on MBS and other investments (38) (1) 49 (9)
Adjustment for portion recorded as (transferred from) other comprehensive income (loss) before taxes 29 (2) 29 (30)
Net recoveries (OTTI) on MBS and other investments (9) (3) 78 (39)
Gain (Loss) on Sale of Other Investments 0 0 (32) 0
Service charges on deposits 921 882 2,795 2,657
ATM and debit card interchange transaction fees 611 526 1,769 1,562
BOLI net earnings 134 144 392 431
Gain on sales of loans, net 241 579 714 2,054
Escrow fees 45 55 111 135
Valuation recovery on MSRs 0 0 0 475
Fee income from non-deposit investment sales 14 19 58 92
Other 159 170 439 498
Total non-interest income, net 2,116 2,372 6,324 7,865
Non-interest expense        
Salaries and employee benefits 3,325 3,176 10,138 9,376
Premises and equipment 754 739 2,094 2,154
Advertising 187 184 537 533
OREO and other repossessed assets, net 240 313 795 1,107
ATM and debit card processing 207 219 791 636
Postage and courier 122 107 329 342
Amortization of CDI 29 33 87 98
State and local taxes 123 170 361 466
Professional fees 196 202 590 636
Federal Deposit Insurance Corporation (FDIC) insurance 158 157 479 526
Other insurance 34 39 113 133
Loan administration and foreclosure 129 91 377 278
Data processing and telecommunications 399 319 1,058 911
Deposit operations 146 157 569 450
Other 381 331 1,107 1,152
Total non-interest expense 6,430 6,237 19,425 18,798
Income before federal income taxes 2,119 1,249 6,228 5,637
Provision for federal income taxes 685 373 2,024 1,774
Net income 1,434 876 4,204 3,863
Preferred stock dividends 0 (151) (136) (559)
Preferred stock discount accretion 0 (47) (70) (236)
Discount on redemption of preferred stock 0 0 0 255
Net income to common shareholders $ 1,434 $ 678 $ 3,998 $ 3,323
Net income per common share        
Basic (in dollars per share) $ 0.21 $ 0.10 $ 0.58 $ 0.49
Diluted (in dollars per share) $ 0.20 $ 0.10 $ 0.57 $ 0.48
Weighted average common shares outstanding        
Basic (in shares) 6,857,149 6,818,752 6,855,811 6,816,772
Diluted (in shares) 7,033,713 6,902,497 7,015,155 6,870,751
Dividends paid per common share (in dollars per share) $ 40 $ 0.03 $ 110.00 $ 60.00