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FS Bancorp, Inc. FSBW Provision for Credit Losses

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Segments

By segment

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Commercial And Consumer Banking$2.3M+24.2%
Home Lending$344K+100%

Other financials

Income statement

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Revenue$1.2M-96.8%
Net income$7.9M+2.7%
EPS (diluted)$1.16+39.8%

Balance sheet

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Cash & equivalents$29.7M-10.5%
Total debt$331.3M+36.6%
Total equity$319.0M+7.3%
Total assets$3.2B+0.1%

Cash flow

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Operating cash flow$52.0M+628%
CapEx$574.0K-55.6%
Free cash flow$51.4M+778%

Valuation

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Market cap$316.33M+7.1%
Enterprise value$617.87M+22.4%
P/E9.5×+0.6×

Profitability

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Net margin24.4%-1.2pp
FCF margin70%-67.3pp

Returns & leverage

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Return on equity10.8%-0.7pp
Debt / equity+0.2×

Where this comes from

Reported directly by FS Bancorp, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.

The source filing: FS Bancorp, Inc.’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 3:05 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001437749-26-026740
INTEREST INCOMEThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Subordinated notes9094861,600971
Total interest expense17,01416,59133,80232,397
NET INTEREST INCOME32,64832,11265,19363,093
PROVISION FOR CREDIT LOSSES2,6412,0215,1703,613
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES30,00730,09160,02359,480
NONINTEREST INCOME
Service charges and fee income2,2812,3234,3544,567
Gain on sale of loans2,5811,9724,9653,672

Document

FAQ

What is FS Bancorp, Inc.'s provision for credit losses?
FS Bancorp, Inc. (FSBW) reported provision for credit losses of $2.64M in Q2 2026.
How has FS Bancorp, Inc.'s provision for credit losses changed year-over-year?
FS Bancorp, Inc.'s provision for credit losses increased by 30.7% year-over-year, from $2.02M to $2.64M.
What is the long-term trend for FS Bancorp, Inc.'s provision for credit losses?
Over 4 years (2021 to 2025), FS Bancorp, Inc.'s provision for credit losses has grown at a 55.7% compound annual growth rate (CAGR), from $1.63M to $9.55M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

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