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Timberland Bancorp (Timberland Bancorp) Net Interest Margin (Bank Only) % : 3.90% (As of Dec. 2023)


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What is Timberland Bancorp Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Timberland Bancorp's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $63.65 Mil. Timberland Bancorp's average earning assets for the quarter that ended in Dec. 2023 was $1,633.30 Mil. Therefore, Timberland Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 3.90%.


Timberland Bancorp Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Timberland Bancorp's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Timberland Bancorp Net Interest Margin (Bank Only) % Chart

Timberland Bancorp Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.99 4.93 4.67 4.36 4.45

Timberland Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.79 4.47 4.23 4.18 3.90

Competitive Comparison of Timberland Bancorp's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, Timberland Bancorp's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Timberland Bancorp's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Timberland Bancorp's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Timberland Bancorp's Net Interest Margin (Bank Only) % falls into.



Timberland Bancorp Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Timberland Bancorp's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Sep. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Sep. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Sep. 2022 ) + Earning Assets (A: Sep. 2023 ))/ count )
=68.089/( (1445.032 + 1618.505)/ 2 )
=68.089/1531.7685
=4.45 %

where

Earning Assets(A: Sep. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 1133.174 + 311.858
=1445.032

Earning Assets(A: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 1302.705 + 315.8
=1618.505

Timberland Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Sep. 2023 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=63.652/( (1618.505 + 1648.087)/ 2 )
=63.652/1633.296
=3.90 %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 1302.705 + 315.8
=1618.505

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 1337.708 + 310.379
=1648.087

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Dec. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Timberland Bancorp  (NAS:TSBK) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Timberland Bancorp Net Interest Margin (Bank Only) % Related Terms

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Timberland Bancorp (Timberland Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
624 Simpson Avenue, Hoquiam, WA, USA, 98550
Timberland Bancorp Inc is a bank holding company. The bank offers a variety of services such as checking accounts, online and mobile banking, savings accounts, home loans, consumer loans, construction loans, business rewards, cash management, small business solutions, and business checking accounts among others. Company also offers loans to real estate, including residential and commercial / multi-family construction loans, one- to four-family residential loans, multi-family loans, commercial real estate loans and land loans. The company mainly operates in the United States.
Executives
Matthew J Debord officer: Chief Lending Officer/EVP 624 SIMPSON AVENUE, HOQUIAM WA 98550
David Alan Smith director 18 WESTVIEW DR, HOQUIAM WA 98550
Breanne D Antich officer: Chief Technology Officer/EVP 624 SIMPSON AVENUE, HOQUIAM WA 98550
Marci A Basich officer: Treasurer 409 FIR STREET, MCLEARY WA 98557
Andrea M Clinton director 4520 GREEN COVE CT NW, OLYMPIA WA 98502
Michael R Sand director, officer: President 128 BEACON HILL DRIVE, HOGUIAM WA 98550
Jonathan Arthur Fischer officer: Senior Vice President PO BOX 1156, COSMOPOLIS WA 98537
Jon C Parker director P O BOX 700, HOGUIAM WA 98550
Parul Bhandari director 1775 I STREET NW, SUITE 910, WASHINGTON DC 20006
Foster Edward Colman officer: Senior Vice President 624 SIMPSON AVENUE, HOQUIAM WA 98550
Larry David Goldberg director 1801 SHERWOOD LANE, ABERDEEN WA 98520
Michael John Stoney director P.O. BOX 226, MCCLEARY WA 98557
Dean J Brydon officer: CFO 55 BAY BERRY DRIVE, HOGUIAM WA 98550
Daniel D Yerrington director 624 SIMPSON AVENUE, HOQUIAM WA 98550
Kelly Suter director 624 SIMPSON AVENUE, HOQUIAM WA 98550