Timberland Bancorp (NASDAQ:TSBK) is the bank holding company for Timberland Bank, a community-oriented financial institution based in Olympia, Washington. Established in 1908, the company traces its roots to a cooperative effort among local loggers seeking reliable financial services. Over more than a century of operation, Timberland Bancorp has evolved into a full-service regional bank, upholding its founding principles of local decision-making and personalized customer relationships.
The company’s primary business activities include accepting consumer and business deposits, originating commercial and residential loans, and providing a suite of treasury management services. Timberland Bank offers mortgage financing for homebuyers, construction lending for builders, agricultural and equipment financing for local producers, and lines of credit tailored to small and mid-sized enterprises. Additional services such as online banking, merchant card processing, and wealth management solutions address the diverse needs of individual and corporate clients.
With its headquarters in Olympia, Timberland Bancorp maintains a branch network across Western Washington, including Thurston, Pierce, King, Mason, and Lewis counties. The bank leverages its regional focus to deliver industry expertise in key local sectors like real estate development, timber and agriculture, health care, and professional services. Its modest branch footprint is complemented by digital platforms, enabling seamless 24/7 access to banking tools for both personal and business customers.
Under the leadership of President and Chief Executive Officer Craig Anderson, Timberland Bancorp emphasizes community reinvestment and sustainable growth. The executive team, supported by a board of directors with deep ties to the Pacific Northwest, prioritizes prudent risk management and customer-centric innovation. Through ongoing community outreach and financial education initiatives, the company seeks to strengthen its market position while fostering economic development across its service region.
