Timberland Bancorp Inc. reported unaudited consolidated earnings results for the fourth quarter and full months ended September 30, 2009. For the quarter, the company has posted net loss available to common shareholders of $209,000, or $0.03 per diluted common share on total interest and dividend income of $9.36 million compared to net income available to common shareholders of $1,350,000 or $0.21 diluted per share on total interest and dividend income of $10.5 million for the same period a year ago. Net interest income was $6.22 million compared to $6.83 million for the same period a year ago. Operating revenue (net interest income before provision for loan losses, plus non-interest income excluding OTTI charges), increased by 2% to $9.0 million compared to $8.9 million in the like quarter a year ago. The increase was primarily a result of increased non-interest income, which was partially offset by a decrease in net interest income. For the full year, the company has posted total interest and dividend income of $38.80 million compared to $43.33 million for the same period a year ago. Net interest income was $25.29 million compared to $26.92 million for the same period a year ago. Net loss available to common shareholders of $0.69 million or $0.11 diluted per share compared to net income available to common shareholders of $4.00 million or $0.61 diluted per share for the same period a year ago. Operating revenues (excluding OTTI charges and loss on redemption of mutual funds) increased by 6% to $35.9 million from $33.9 million in fiscal 2008. The increase was primarily a result of increased non-interest income, which was partially offset by a decrease in net interest income. The Board of Directors announced that a cash dividend of $0.03 per common share would be paid on November 29, 2009 to shareholders of record on November 16, 2009. This payment will be the 47th consecutive quarterly cash dividend that Timberland has paid on its common stock.

Timberland Bancorp Inc. expected to Report Q1 2010 Results on January 25, 2010. This event was calculated by Capital IQ (Created on November 6, 2009).

Timberland Bancorp Inc. announced that Larry David Goldberg has been appointed to the Board of Directors of the company and the Bank effective September 23, 2009. Mr. Goldberg spent more than 30 years as a principal partner of Goldberg Furniture Company, retiring in 2001. He is also currently associated with Grays Harbor Paper LP and Sherwood Associates LP.