headquartered in mountlake terrace, washington, 1st security bank has been serving customers in king, kitsap, pierce and snohomish counties since 1936. with our seven neighborhood branches, we believe that bigger is not necessarily better. in fact, our strength comes from the relationships that we build with our customers, small businesses and community partners. additionally, 1st security operates lending programs for home buyers, local contractors, builders, mortgage companies and boat dealerships that help strengthen the communities in which we live and work. we aren't just open for business; we live here, which is why our branches are so involved with their communities. from sponsoring food drives to the annual poulsbo kids day celebration, everyone at 1st security lives our passion for being the bank that makes our customers say "wow". the northwest is a diverse, open and welcoming community with many cultures and backgrounds that we celebrate, truly believing that we are stron
Company profile
Ticker
FSBW
Exchange
Website
CEO
Joseph C. Adams
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
454585178
FSBW stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
8 Apr 24
DEF 14A
Definitive proxy
8 Apr 24
10-K
2023 FY
Annual report
15 Mar 24
8-K
Departure of Directors or Certain Officers
28 Feb 24
8-K
Regulation FD Disclosure
28 Feb 24
8-K
Departure of Directors or Certain Officers
2 Feb 24
8-K
Regulation FD Disclosure
31 Jan 24
8-K
Results of Operations and Financial Condition
24 Jan 24
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
FS Bancorp, Inc. Reports Third Quarter Net Income of $9.0 Million or $1.13 Per Diluted Share and the Forty-Third Consecutive Quarterly Dividend
25 Oct 23
Latest ownership filings
SC 13G/A
T. Rowe Price Investment Management, Inc.
14 Feb 24
SC 13G
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
PRINCIPAL FINANCIAL GROUP INC
9 Feb 24
4
Ben Crowl
8 Feb 24
4
DONN C COSTA
8 Feb 24
4
Pamela Marie Andrews
8 Feb 24
4
Joseph P. Zavaglia
8 Feb 24
4
Michael J. Mansfield
8 Feb 24
4
Shana Allen
8 Feb 24
4
Victoria Jarman
8 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
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Net income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 80.67 mm | 80.67 mm | 80.67 mm | 80.67 mm | 80.67 mm | 80.67 mm |
Cash burn (monthly) | 17.14 mm | 6.59 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 116.53 mm | 44.82 mm | n/a | n/a | n/a | n/a |
Cash remaining | -35.85 mm | 35.85 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -2.1 | 5.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
58.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 79 |
Opened positions | 5 |
Closed positions | 4 |
Increased positions | 24 |
Reduced positions | 20 |
13F shares | Current |
---|---|
Total value | 130.32 bn |
Total shares | 4.56 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
T. Rowe Price Investment Management | 976.01 k | $28.80 bn |
BLK Blackrock | 420.07 k | $12.39 bn |
Vanguard | 398.66 k | $11.76 bn |
Dimensional Fund Advisors | 375.31 k | $11.07 bn |
TCW | 281.98 k | $8.32 bn |
Pacific Ridge Capital Partners | 270.72 k | $7.99 bn |
Alliancebernstein | 249.21 k | $7.35 bn |
Geode Capital Management | 135.62 k | $4.00 bn |
Stilwell Value | 120.00 k | $3.54 bn |
Renaissance Technologies | 102.30 k | $3.02 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 Feb 24 | Terri L Degner | Common Stock | Other | Acquire J | No | No | 32.69 | 76 | 2.48 k | 741 |
6 Feb 24 | Joseph C. Adams | Common Stock | Other | Acquire J | No | No | 32.69 | 229 | 7.49 k | 488 |
6 Feb 24 | Erin Burr | Common Stock | Other | Acquire J | No | No | 32.69 | 229 | 7.49 k | 1,325 |
6 Feb 24 | Marina Cofer-Wildsmith | Common Stock | Other | Acquire J | No | No | 32.69 | 191 | 6.24 k | 925 |
6 Feb 24 | Margaret R. Piesik | Common Stock | Other | Acquire J | No | No | 32.69 | 19 | 621.11 | 140 |