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10-QMEDIUM RiskSTABLE

FS Bancorp, Inc.

fsbwa.com
Filed: May 8, 2026 CIK: 0001530249Financial Services
View original filing on SEC.gov

AI Executive Summary

AI-powered analysis of 10-Q filing content

FS Bancorp shows mixed signals with moderate asset growth offset by deposit outflows and increased credit provisions. The company maintains adequate capital levels but faces pressure from higher funding costs and credit quality concerns.

Red Flags Detected (5)

Deposit decline of $36.1M (-1.3%) indicating potential funding pressure

Provision for credit losses increased 59% to $2.5M vs $1.6M prior year

Allowance for credit losses increased to $32.4M from $31.9M

2 more red flags detected

Key Takeaways

Net interest income grew 5.0% to $32.5M despite margin pressures

Loan portfolio remained essentially flat at $2.62B

2 more takeaways

Filing Overview

Form TypeQuarterly Report (10-Q)
Filing DateMay 8, 2026
Risk LevelMEDIUM
TrendSTABLE
AI Confidence75%
Red Flags5

What This Means

Quarterly Report: Interim filing with unaudited financial data for the quarter.

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