SOURCE: Timberland Bancorp, Inc.

May 01, 2007 16:00 ET

Timberland Bancorp, Inc. to Present at D.A. Davidson Financial Services Conference

HOQUIAM, WA -- (MARKET WIRE) -- May 1, 2007 --Timberland Bancorp, Inc. (NASDAQ: TSBK) announced today that it will be presenting at the D.A. Davidson Ninth Annual Financial Services Conference next week. Michael Sand, President and CEO, and Dean Brydon, Chief Financial Officer, are scheduled to present on Thursday, May 10, 2007, at 9:30 a.m. PDT. The two-day conference will be held at the Bell Harbor International Conference Center in Seattle.

Last week, Timberland reported that loan portfolio growth and a strong net interest margin contributed to solid fiscal second quarter 2007 results. Net income for the quarter ended March 31, 2007 totaled $1.92 million, or $0.54 per diluted share compared to net income of $1.95 million, or $0.53 per diluted share, for the quarter ended March 31, 2006.

About Timberland Bancorp, Inc.

Timberland Bancorp, Inc. is the holding company for Timberland Bank, a western Washington-based financial institution since 1915. The bank operates 21 branches in Hoquiam, Aberdeen, Ocean Shores, Montesano, Elma, Lacey, Tumwater, Olympia, Yelm, Puyallup, Edgewood, Tacoma, Bethel Station (Spanaway), Gig Harbor, Silverdale, Poulsbo, Auburn, Winlock and Toledo, Washington.

About D.A. Davidson & Co.

Founded in 1935, D.A. Davidson & Co. is a full-service investment firm with offices in 16 states. D.A. Davidson & Co. is owned by Davidson Companies, a Great Falls-based financial services holding company. Also part of Davidson Companies are Davidson Trust Co., a wealth management and trust company; Davidson Investment Advisors, a professional money management firm; Davidson Fixed Income Management, a registered investment adviser providing wealth management and other fixed income services; and Davidson Travel, a full-service travel agency.

www.timberlandbank.com

Contact Information

  • CONTACT:
    Michael R. Sand
    President & CEO

    Dean J. Brydon
    Chief Financial Officer
    360.533.4747