FS Bancorp, Inc.

For the period ended Dec 31, 2024. Filed Mar 17, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 17, 2025

FSBW$43.67+0.3%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Changes in Stockholders’ Equity

(Dollars in thousands, except share amounts)

Accumulated
Other
Additional · Comprehensive · Total
Common Stock · Paid-in · Retained · Income (Loss), · Stockholders'
	Shares	Amount	Capital	Earnings	Net of Tax	Equity
BALANCE, January 1, 2022	8,169,887	$82	$67,958	$179,215	$252	$247,507
Net income	—	$—	—	29,649	—	$29,649
Dividends paid ($0.90 per share)	—	$—	—	(7,096)	—	$(7,096)
Share-based compensation	—	$—	1,971	—	—	$1,971
Issuance of common stock - employee stock purchase plan	16,934	$—	503	—		$503
Restricted stock awards	35,050	$—	—	—	—	$—
Cumulative effect of new accounting standard (Topic 326) - impact in year of adoption	—	$—	—	297	—	$297
Common stock repurchased - repurchase plan	(544,530)	$(5)	(15,623)	—	—	$(15,628)
Common stock repurchased for employee/director taxes paid on restricted stock awards	(6,150)	$—	(190)	—	—	$(190)
Stock options exercised, net	64,994	$—	568	—	—	$568
Other comprehensive loss, net of tax	—	$—	—	—	(25,884)	$(25,884)
BALANCE, December 31, 2022	7,736,185	$77	$55,187	$202,065	$(25,632)	$231,697
BALANCE, January 1, 2023	7,736,185	$77	$55,187	$202,065	$(25,632)	$231,697
Net income	—	$—	—	36,053	—	$36,053
Dividends paid ($1.00 per share)	—	$—	—	(7,764)	—	$(7,764)
Share-based compensation	—	$—	2,010	—	—	$2,010
Issuance of common stock - employee stock purchase plan	32,330	$1	1,016	—	—	$1,017
Restricted stock awards	37,600	$—	—	—	—	—
Restricted stock awards forfeited	(9,524)	$—	—	—	—	$—
Common stock repurchased - repurchase plan	(32,334)	$—	(223)	—	—	(223)
Common stock repurchased for employee/director taxes paid on restricted stock awards	(11,446)	$—	(355)	—	—	$(355)
Stock options exercised, net	47,734	$—	(273)	—	—	$(273)
Other comprehensive income, net of tax	—	$—	—	—	2,326	$2,326
BALANCE, December 31, 2023	7,800,545	$78	$57,362	$230,354	$(23,306)	$264,488

FS BANCORP, INC. AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’** EQUITY**

FOR THE YEARS ENDEDDecember 31, 2024, 2023 and 2022 (Continued)

(Dollars in thousands, except share amounts)

Accumulated
Other
Additional · Comprehensive · Total
Common Stock · Paid-in · Retained · Income (Loss), · Stockholders’
	Shares	Amount	Capital	Earnings	Net of Tax	Equity
BALANCE, January 1, 2024	7,800,545	$78	$57,362	$230,354	$(23,306)	$264,488
Net income	—	$—	—	35,024	—	$35,024
Dividends paid ($1.06 per share)	—	$—	—	(8,265)	—	$(8,265)
Share-based compensation	—	$—	1,806	—	—	$1,806
Issuance of common stock- employee stock purchase plan	29,122	$1	1,074	—	—	$1,075
Restricted stock awards	42,250	$—	—	—	—	$—
Restricted stock awards forfeited	(4,000)	$—	—	—	—	$—
Common stock repurchased - repurchase plan	(213,188)	$(1)	(2,507)	—	—	$(2,508)
Common stock repurchased for employee/director taxes paid on restricted stock awards	(9,193)	$—	(386)	—	—	$(386)
Stock options exercised, net	187,478	$—	(1,633)	—	—	$(1,633)
Other comprehensive income, net of tax	—	$—	—	—	6,166	$6,166
BALANCE, December 31, 2024	7,833,014	$78	$55,716	$257,113	$(17,140)	$295,767

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.