IPO Company Profile
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Timberland Bancorp, Inc.
624 Simpson Avenue, Hoquiam, WA 98550 * (360) 533-4747

The company is a community oriented financial institution engaged primarily in the business of attracting deposits from the general public and using these funds to originate one-to-four family mortgage loans, construction and land development loans.

Primary Underwriting Group
ManagerTierPhone
Charles Webb & CompanyLead Manager (614) 766-8400

Offering Information
NASNTL:TSBK Financial: SIC 6036
Type of Shares:Common Shares Filing Date:9/17/97
U.S. Shares:6,613,000 Offer Date:1/12/98
Non-U.S. Shares:0 Filing Price:$10.00
Primary Shares:6,613,000 Offer Price:$10.00
Secondary Shares:0 Gross Spread:$0.00
Offering Amount: $66,130,000 Selling:$0.00
Expenses:$0 Reallowance:$0.00
Post-IPO Shares: -

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Breyer & Aguggia
Bank's Law Firm: Muldoon, Murphy & Faucette
Auditor: Dwyer Pemberton & Coulson, P.C.

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
9 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
9/30/96 6/30/97 6/30/96 6/30/97
Revenue:Assets:$206.19
Net Income:Curr Assets:
EPS:Liabilities:$182.32
Prior EPS:$2.23$2.83Curr Liab:
Cash Flow/Oper:$3.97$10.01$6.85Equity:$23.87
Cash Flow/Fin:$12.86-$11.46-$8.52Cash:
Cash Flow/Inv:-$16.63-$11.46

Use of Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.

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