Timberland Bancorp, Inc. is the bank holding company for Timberland Savings Bank, SSB (the Bank). The Company is engaged in community banking in western Washington under the operating name, Timberland Bank. The Company's business activities are limited to passive investment activities and oversight of its investment in the Bank. The Bank is a community-oriented bank, which offers a range of savings products to its retail customers while concentrating its lending activities on real estate mortgage loans and commercial business loans. Its lending activities are focused on the origination of loans secured by real estate, including construction and land development, one- to four-family residential, multi-family, commercial real estate and land loans. It has over five branches in Pierce County; five branches in Thurston County, and three branches located in Lewis County. Timberland Service Corporation is its subsidiary that acts as the Bank's escrow department.
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