FS Bancorp, Inc. (FSBW)

Nasdaq: FSBW · Savings Institutions, Not Federally Chartered · Mountlake Terrace, WA · filing with the SEC since 2011

Grade4.8

◀ Past 4.6● Present 5.6▶ Future 4.0

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Mar 13, 2026	Mar 17, 2025	Mar 15, 2024	Mar 16, 2023	Mar 16, 2022	Mar 16, 2021	Mar 16, 2020	Mar 15, 2019	Mar 16, 2018	Mar 16, 2017
Revenue	·	·	4,612	3,185	3,009	2,665	2,913	1,745	3,548	·
For lenders
Interest and dividend income	197,246	184,837	167,192	118,694	96,374	88,837	89,625	62,326	46,181	38,020
Interest and investment income	15,365	13,980	12,247	7,046	5,637	4,709	4,919	3,710	2,724	2,248
Interest expense on deposits and borrowings	66,840	61,732	43,889	14,414	·	·	·	·	·	·
Net interest income	130,406	123,105	123,303	104,280	86,649	74,120	70,308	52,098	41,248	33,857
Provision for credit losses	9,546	5,511	4,774	6,217	500	13,036	2,880	1,540	750	2,400
Net interest income after provision	120,860	117,594	118,529	98,063	86,149	61,084	67,428	50,558	40,498	31,457
Noninterest income	22,277	21,556	20,490	18,108	37,513	55,359	23,035	26,850	24,074	23,569
Noninterest expense	102,017	97,569	93,747	79,183	76,242	66,593	62,333	48,838	43,993	38,923
Selling, general and administrative	14,923	13,529	13,070	10,743	10,791	10,471	9,722	6,709	6,205	6,000
Interest expense	·	·	43,889	14,414	9,725	14,717	19,317	10,228	4,933	4,163
Income before income taxes	41,120	41,581	45,272	36,988	47,420	49,850	28,130	28,570	20,579	16,103
Income tax expense	7,774	6,557	9,219	7,339	10,008	10,586	5,413	4,223	6,494	5,604
Net income including non-controlling interests	·	·	·	29,649	37,412	39,264	22,717	24,347	14,085	·
Net income	33,346	35,024	36,053	29,649	37,412	39,264	22,717	24,347	14,085	10,499
Net income to common shareholders	32,780	34,452	35,475	29,095	36,801	·	·	·	·	·
Earnings per share, basic	4.35	4.48	4.63	3.75	4.48^r	4.58^r	2.565^b	3.29^b	2.275^b	1.815^b
Earnings per share, diluted	4.29	4.36	4.56	3.70	4.37^r	4.49^r	2.505^b	3.145^b	2.14^b	1.755^b
Weighted average shares, basic	7,528,764	7,697,806	7,656,526	7,754,507	8,217,916^r	8,461,280^r	8,828,064^b	7,397,246^b	6,189,172^b	5,792,418^b
Weighted average shares, diluted	7,643,493	7,893,246	7,775,433	7,873,640	8,418,496^r	8,623,318^r	9,046,048^b	7,739,578^b	6,583,400^b	5,980,318^b

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 2-for-1 split of Jul 2021.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax

Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterestAndDividend

Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Provision for credit losses set aside for loans that may not be repaid

us-gaap:ProvisionForLoanLeaseAndOtherLosses
us-gaap:ProvisionForLoanAndLeaseLosses

Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss

Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome

Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Interest expense what its borrowing costus-gaap:InterestExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton FSBW · research, not advice