Fs Bancorp (FSBW) Reports Q1 EPS of $0.70

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FS Bancorp, Inc. Reports Net Income for the First Quarter of $2.1 Million or $0.70 Per Diluted Share and Announces Its Ninth Consecutive Quarterly Cash Dividend, With an Increase of $0.01 to $0.07 Per

April 30, 2015 4:45 PM EDT

MOUNTLAKE TERRACE, Wash., April 30, 2015 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (Nasdaq: FSBW) ("FS Bancorp" or the "Company"), the holding company for 1st Security Bank of Washington (the "Bank") today reported 2015 first quarter net income of $2.1 million, or $0.70 per diluted share, compared to net income of $875,000, or $0.29 per diluted share, for the same period last year.

The Bank continues to grow its balance sheet through balanced lending initiatives in the communities it serves. "Home lending growth was particularly strong in the first quarter, primarily as a result of the addition of key production... More