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Timberland Bancorp, Inc. and Subsidiary Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 12 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2013
Interest and dividend income      
Loans receivable $ 30,397 $ 29,205 $ 29,591
Investment securities 249 259 281
Dividends from mutual funds and FHLB stock 31 27 29
Interest-bearing deposits in banks and CDs 491 366 336
Total interest and dividend income 31,168 29,857 30,237
Interest expense      
Deposits 2,004 2,066 2,568
FHLB advances 1,886 1,873 1,871
Total interest expense 3,890 3,939 4,439
Net interest income 27,278 25,918 25,798
Provision for (recapture of) loan losses (1,525) 0 2,925
Net interest income after provision for (recapture of) loan losses 28,803 25,918 22,873
Non-interest income      
Recoveries (other than temporary impairment “OTTI”) on investment securities 0 7 (15)
Adjustment for portion of OTTI recorded as (transferred from) other comprehensive income (before income taxes) (13) 52 (32)
Net recoveries (OTTI) on investment securities (13) 59 (47)
Gain (loss) on sales of investment securities 45 (32) 0
Service charges on deposits 3,615 3,738 3,663
ATM and debit card interchange transaction fees 2,664 2,426 2,142
BOLI net earnings 538 530 577
Gain on sales of loans, net 1,610 1,013 2,507
Escrow fees 206 158 184
Fee income from non-deposit investment sales 41 68 82
Valuation recovery on MSRs, net 0 0 475
Other, net 816 570 679
Total non-interest income, net 9,522 8,530 10,262
Non-interest expense      
Salaries and employee benefits 13,200 13,294 12,605
Premises and equipment 3,053 2,878 2,835
Gain on sales/dispositions of premises and equipment, net (296) (7) (431)
Advertising 779 742 742
OREO and other repossessed assets, net 918 1,010 2,587
ATM and debit card interchange transaction fees 1,221 1,096 857
Postage and courier 429 446 443
Amortization of CDI 3 116 130
State and local taxes 561 479 576
Professional fees 829 792 856
Federal Deposit Insurance Corporation (FDIC) insurance 593 636 685
Loan administration and foreclosure 269 456 430
Data processing and telecommunications 1,767 1,450 1,232
Deposit operations 812 759 607
Other 1,706 1,767 1,840
Total non-interest expense, net 25,841 25,798 25,864
Income before federal income taxes 12,484 8,650 7,271
Provision for federal income taxes 4,192 2,800 2,514
Net income 8,292 5,850 4,757
Preferred stock dividends 0 (136) (710)
Preferred stock discount accretion 0 (70) (283)
Repurchase of preferred stock at a discount 0 0 255
Net income to common shareholders $ 8,292 $ 5,644 $ 4,019
Net income per common share      
Basic (in dollars per share) $ 1.20 $ 0.82 $ 0.59
Diluted (in dollars per share) $ 1.17 $ 0.80 $ 0.58