XML 12 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Timberland Bancorp, Inc. and Subsidiary Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2015
Sep. 30, 2015
Preferred Stock, Value, Outstanding $ 0 $ 0
Cash and cash equivalents:    
Cash and due from financial institutions 12,481 14,014
Interest-bearing deposits in banks 81,119 78,275
Total cash and cash equivalents 93,600 92,289
Certificates of deposit (“CDs”) held for investment (at cost, which approximates fair value) 50,865 48,611
Investment securities held to maturity, at amortized cost (estimated fair value $8,685 and $8,894) 7,824 7,913
Investment securities available for sale 1,362 1,392
Federal Home Loan Bank (“FHLB”) stock 2,699 2,699
Loans receivable 634,430 614,201
Loans held for sale 1,304 3,051
Less: Allowance for loan losses (9,889) (9,924)
Total loans receivable, net 625,845 607,328
Premises and equipment, net 16,589 16,854
Other real estate owned (“OREO”) and other repossessed assets, net 7,667 7,854
Accrued interest receivable 2,234 2,170
Bank owned life insurance (“BOLI”) 18,306 18,170
Goodwill 5,650 5,650
Servicing Asset at Amortized Cost 1,475 1,478
Other assets 3,263 3,407
Total assets 837,379 815,815
Deposits:    
Non-interest-bearing demand 142,279 141,388
Interest-bearing 555,491 537,524
Total deposits 697,770 678,912
FHLB advances 45,000 45,000
Other liabilities and accrued expenses 3,558 2,716
Total liabilities 746,328 726,628
Shareholders’ equity    
Common stock, $.01 par value; 50,000,000 shares authorized; 6,994,148 shares issued and outstanding - December 31, 2015 6,988,848 shares issued and outstanding - September 30, 2015 10,402 10,293
Unearned shares issued to Employee Stock Ownership Plan (“ESOP”) (859) (926)
Retained earnings 81,823 80,133
Accumulated other comprehensive loss (315) (313)
Total shareholders’ equity 91,051 89,187
Total liabilities and shareholders’ equity $ 837,379 $ 815,815