TIMBERLAND BANCORP INC Annual Report - How They Did This Year

The annual filing for TIMBERLAND BANCORP INC outlines the categories of financial details the company tracks.

Income and Financial Health: TIMBERLAND BANCORP INC tracks income from deposit accounts, credit and debit card services, asset management, and servicing loans they've sold. The company's financial health components include common stock, retained earnings, and other comprehensive income.

Assets and Loans: Their investment portfolio comprises government-backed securities, mortgage-backed securities, and municipal notes. The loan book is diverse, covering one-to-four family mortgages, multi-family mortgages, various construction loans (from custom homes to commercial projects), consumer loans (like home equity), and commercial loans, including those from the SBA PPP program. TIMBERLAND BANCORP INC also classifies loan quality into categories such as "Pass," "Special Mention," "Watch," and "Substandard."

Key Takeaways:

• TIMBERLAND BANCORP INC monitors a range of income sources and financial health indicators.
• The company maintains a diverse asset base, including various investments and a broad spectrum of loan types.
• Loan quality is systematically assessed through defined classification categories.