FS Bancorp Inc 2026年季度报告

None Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the SecuritiesExchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required to file such Indicate by check mark whether the registrant has submitted electronically, every Interactive Data File required to be submittedpursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period that If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section13(a)of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b‑2 of the Exchange Act).☐No☒ Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: As ofMay 5, 2026, there were 5,414,542 outstanding shares of the registrant’s common stock. FS Bancorp,Inc.Form10‑Q PARTIFINANCIAL INFORMATION Consolidated Statements of Income for the ThreeMonths Ended March 31, 2026and 2025(Unaudited) When we refer to “FS Bancorp” in this report, we are referring to FS Bancorp,Inc. When we refer to “Bank” or “1st SecurityBank” in this report, we are referring to 1st Security Bank of Washington, the wholly owned subsidiary of FS Bancorp. As used inthis report, the terms “we,” “our,” “us,” and “Company” refer to FS Bancorp, Inc. and its consolidated subsidiary, 1st Security FS BANCORP,INC. AND SUBSIDIARYCONSOLIDATED STATEMENTS OF INCOME (In thousands, except shares and per share amounts) (Unaudited) FS BANCORP,INC. AND SUBSIDIARYCONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’EQUITY FS BANCORP,INC. AND SUBSIDIARYCONSOLIDATED STATEMENTS OF CASH FLOWS FS BANCORP, INC. AND SUBSIDIARYNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)(Table Dollar Amounts in Thousands, Except Per Share Amounts) NOTE1–BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations– FS Bancorp,Inc. (the “Company”) was incorporated in September2011 as the holding company for 1stSecurity Bank of Washington (the “Bank” or “1st Security Bank”) in connection with the Bank’s conversion from the mutual tostock form of ownership which was completed on July 9, 2012. The Bank is a community-based savings bank with 27 full-servicebank branches, a headquarters that also originates loans and accepts deposits, and loan production offices in suburban communitiesin the greater Puget Sound area, the Kennewick-Pasco-Richland metropolitan area of Washington, also known as the Tri-Cities,Goldendale, Vancouver, and White Salmon, Washington and Manzanita, Newport, Ontario, Tillamook, and Waldport, Oregon.The Financial Statement Presentation– The accompanying unaudited interim consolidated financial statements have been prepared inaccordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial informationand in accordance with the instructions to Form10‑Q and Article10 of Regulation S-X as promulgated by the Securities andExchange Commission (“SEC”). These unaudited interim consolidated financial statements should be read in conjunction with theCompany’s Annual Report on Form10‑K which includesall the audited financial statements and footnotes required by U.S. GAAP On February 25, 2026, FS Bancorp, Inc. announced the signing of a definitive merger agreement whereby the Company willacquire Pacific West Bancorp (“Pacific West”) in a stock and cash transaction valued at approximately $34.6 million.Thetransaction is subject to customary closing conditions, including the receipt of regulatory approvals and approval of the agreement The results for the three months ended March 31, 2026, are not necessarily indicative of the results that may be expected fortheyear ending December 31, 2026, or any other future period. The preparation of financial statements, in conformity with U.S.GAAP, requires management to make estimates and assumptions that affect amounts reported in the financial statements. Actual Amounts presented in the consolidated financial statements and footnote tables are rounded and presented to the nearest thousandsof dollars except per share amounts. If the amounts are above $1.0 million, they are rounded one decimal point, and if they are Principles of Consolidation– The consolidated financial statements include the accounts of FS Bancorp and its wholly ownedsubsidiary, 1st Security Bank. All material intercompany accounts have been eliminated in consolidation. Segment Reporting–The Company operates in two business segments through the Bank: commercial and consumer banking andhome lending. The Company’s business segments are determined based on the products an