FS Bancorp, Inc. (FSBW) financial statements (2023 and earlier)

Company profile

Business Address 6920 220TH STREET SW
MOUNTLAKE TERRACE, WA 98043
State of Incorp. WA
Fiscal Year End December 31
SIC 6036 - Savings Institutions, Not Federally Chartered (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments26924633193624
Cash and cash equivalents26924633193624
Total current assets:26924633193624
Noncurrent Assets
Operating lease, right-of-use asset555
Property, plant and equipment27272929151614
Intangible assets, net (including goodwill)678944 
Goodwill222222 
Intangible assets, net (excluding goodwill)455612 
Regulated entity, other noncurrent assets1 00000
Deferred costs      (1)
Total noncurrent assets:38394238192013
Other undisclosed assets2,2221,9821,6261,551944771640
TOTAL ASSETS:2,2862,1131,7131,622982828678
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt1575121214586
Total current liabilities:1575121214586
Noncurrent Liabilities
Liabilities, other than long-term debt102    
Deferred income tax liabilities102
Total noncurrent liabilities:102    
Other undisclosed liabilities2,0231,8081,4991,320856742516
Total liabilities:2,0391,8831,5131,442860747602
Stockholders' equity
Stockholders' equity attributable to parent2482302001801228175
Common stock0000000
Additional paid in capital68818991552731
Accumulated other comprehensive income (loss)031(1)(0)(1)0
Retained earnings17914611191685646
Unearned esop shares (0)(1)(1)(1)(1)(2)
Total stockholders' equity:2482302001801228175
TOTAL LIABILITIES AND EQUITY:2,2862,1131,7131,622982828678

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1221339973655847
Gain on disposition of assets for financial service operations31491415
Net investment income91848559433630
Financial services revenue222217
Cost of revenue(1)(13)(3)(2)(1)(2)(2)
Provision for loan, lease, and other losses(1)(13)(3)(2)
Financial services costs(1)(2)(2)
Gross profit:1211209672645645
Operating expenses(11)(11)(12)(9)(6)(7)(5)
Operating income:1101098463594940
Nonoperating income94612332
Investment income, nonoperating65511321
Bank owned life insurance income1110000
Mortgage servicing rights (msr) impairment (recovery)2(2)(0)  0 
Interest and debt expense(10)(15)(19)(10)(5)(4)(4)
Income from continuing operations before equity method investments, income taxes:109987065574737
Other undisclosed loss from continuing operations before income taxes(61)(48)(42)(36)(37)(31)(24)
Income from continuing operations before income taxes:47502829211614
Income tax expense(10)(11)(5)(4)(6)(6)(5)
Net income available to common stockholders, diluted:3739232414109

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:3739232414109
Other comprehensive income (loss)(2)22(1)0(1)(0)
Comprehensive income, net of tax, attributable to parent:3541252314109

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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