Timberland Bancorp Inc (TSBK) Files Form 4 Insider Selling : Marci A Basich Sells 3,000 Shares

Timberland Bancorp Inc (TSBK): Marci A Basich , Treasurer/SVP of Timberland Bancorp Inc sold 3,000 shares on Jun 6, 2016. The Insider selling transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were sold at $15.20 per share for a total value of $45,600.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 2, 2015, Edward Colman Foster (EVP and Chief Credit Officer) purchased 5 shares at $10.21 per share price.On Jun 2, 2015, Ronald A Robbel (director) purchased 13 shares at $10.21 per share price.Also, On May 29, 2015, Michael John Stoney (director) purchased 750 shares at $10.15 per share price.On Feb 4, 2015, Jon C Parker (director) sold 1,000 shares at $11.03 per share price.

Timberland Bancorp: On Friday, Jun 3, 2016 heightened volatility was witnessed in Timberland Bancorp which led to swings in the share price. The shares opened for trading at $15.26 and hit $15.27 on the upside , eventually ending the session at $15.18, with a gain of 0.07% or 0.01 points. The heightened volatility saw the trading volume jump to 3,569 shares. The 52-week high of the share price is $15.29 and the company has a market cap of $105 M . The 52-week low of the share price is at $9.82.

Timberland Bancorp Money Flow Index Chart

Timberland Bancorp Inc. is a holding company for Timberland Savings Bank SSB (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. Lending activities focuses on the origination of loans secured by real estate including construction loans and land development one- to four-family residential loans multi-family loans commercial real estate loans and land loans. The Company had total assets of $ 745.6 million total deposits of $ 608.3 million and total shareholders’ equity of $89.7 million. The Bank considers Grays Harbor Thurston Pierce King Kitsap and Lewis Counties Washington as its market areas.

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