Financial Snapshot
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About FS Bancorp, Inc.
FS Bancorp, Inc. operates as a bank holding company, which engages in the provision of banking and financial services through its subsidiary. The company is headquartered in Mountlake Terrace, Washington and currently employs 559 full-time employees. The company went IPO on 2011-10-06. The Bank provides loan and deposit services to customers who are predominantly small- and middle-market businesses and individuals in Washington and Oregon. The Bank has two segments: commercial and consumer banking and home lending. The commercial and consumer banking segment provides diversified financial products and services to its commercial and consumer customers through the Bank branches, online banking platforms, mobile banking apps, and telephone banking. These products and services include deposit products, residential, consumer, business and commercial real estate lending portfolios, and cash management services. The home lending segment originates one-to-four-family residential mortgage loans primarily for sale in the secondary markets, as well as loans held for investment. A majority of these mortgage loans are sold to or securitized by FNMA, FHLMC, GNMA or the FHLB of Des Moines.
Industry: Savings Institutions, Not Federally Chartered Peers: ESSA Bancorp, Inc. Home Point Capital Inc. NorthEast Community Bancorp, Inc./MD/ Pioneer Bancorp, Inc./MD ONITY GROUP INC. Ponce Financial Group, Inc. Provident Bancorp, Inc. /MD/ Rocket Companies, Inc. TIMBERLAND BANCORP INC Western New England Bancorp, Inc.