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Timberland Bancorp, Inc. and Subsidiary Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Interest and dividend income        
Loans receivable and loans held for sale $ 8,306 $ 7,352 $ 16,735 $ 14,861
Investment securities 74 55 143 120
Dividends from mutual funds and FHLB stock 39 6 61 13
Interest-bearing deposits in banks and CDs 231 114 402 219
Total interest and dividend income 8,650 7,527 17,341 15,213
Interest expense        
Deposits 507 495 1,012 1,004
FHLB advances 472 465 948 940
Total interest expense 979 960 1,960 1,944
Net interest income 7,671 6,567 15,381 13,269
Provision for loan losses 0 0 0 0
Net interest income after provision for loan losses 7,671 6,567 15,381 13,269
Non-interest income        
Other than temporary impairment (“OTTI”) on investment securities (24) 0 (24) 0
Adjustment for portion of OTTI (transferred from) recorded as other comprehensive income (loss) before income taxes 1 (1) 1 (1)
Net OTTI on investment securities (23) (1) (23) (1)
Gain on sale of investment securities available for sale, net 0 0 0 45
Service charges on deposits 937 852 1,909 1,737
ATM and debit card interchange transaction fees 710 643 1,409 1,273
BOLI net earnings 137 131 273 268
Gain on sales of loans, net 393 348 787 584
Escrow fees 49 56 89 98
Servicing income (loss) on loans sold 55 (12) 120 (40)
Other, net 255 197 467 374
Total non-interest income, net 2,513 2,214 5,031 4,338
Non-interest expense        
Salaries and employee benefits 3,466 3,284 6,936 6,680
Premises and equipment 771 751 1,531 1,476
Advertising 193 173 398 361
OREO and other repossessed assets, net 195 349 438 425
ATM and debit card interchange transaction fees 331 255 653 593
Postage and courier 110 114 211 218
State and local taxes 138 119 270 236
Professional fees 117 223 247 399
Federal Deposit Insurance Corporation (FDIC) insurance 127 148 234 308
Loan administration and foreclosure 95 76 124 119
Data processing and telecommunications 474 471 924 850
Deposit operations 234 219 406 395
Other 378 472 735 868
Total non-interest expense 6,629 6,654 13,107 12,928
Income before federal income taxes 3,555 2,127 7,305 4,679
Provision for federal income taxes 1,175 676 2,397 1,501
Net income $ 2,380 $ 1,451 $ 4,908 $ 3,178
Net income per common share        
Basic (in dollars per share) $ 0.35 $ 0.21 $ 0.72 $ 0.46
Diluted (in dollars per share) $ 0.34 $ 0.21 $ 0.69 $ 0.45
Weighted average common shares outstanding        
Basic (in shares) 6,846,527 6,898,192 6,858,190 6,895,038
Diluted (in shares) 7,080,005 7,071,792 7,081,945 7,067,621
Dividends paid per common share (in dollars per share) $ 0.08 $ 0.06 $ 0.20 $ 0.11