SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): October 25, 2005
Timberland Bancorp, Inc.
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(Exact name of registrant as specified in its charter)
Washington 0-23333 91-1863696
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State or other jurisdiction Commission (I.R.S. Employer
Of incorporation File Number Identification No.)
624 Simpson Avenue, Hoquiam, Washington 98550
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number (including area code) (360) 533-4747
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the
filing obligation of the registrant under any of the following provisions.
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors, or Principal Officers, Election of
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Directors; Appointment of Principal Officers
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The Registrant announced that on October 25, 2005 Richard R. Morris, Jr.
resigned from the Boards of Directors of the Registrant and its financial
institution subsidiary, Timberland Bank. Mr. Morris's resignation is not in
connection with any known disagreements with the Registrant on any matter.
A copy of the press release announcing Mr. Morris's resignation is
attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
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(c) Exhibits
99.1 Press Release of Timberland Bancorp, Inc. dated October 27,
2005.
SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
TIMBERLAND BANCORP,INC.
DATE: October 27, 2005 By:/s/Michael R. Sand
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Michael R. Sand
President and Chief Executive Officer
Exhibit 99.1
Press Release of Timberland Bancorp, Inc. dated October 27, 2005
Timberland Bancorp, Inc. Announces Director Resignation
HOQUIAM, Wash. - October 27, 2005 - Timberland Bancorp, Inc. (Nasdaq: TSBK)
("Company"), the holding company for Timberland Bank ("Bank"), today reported
that Richard R. Morris, Jr. has resigned from the Boards of Directors of the
Company and the Bank effective as of the close of business on October 25,
2005.
Timberland's President and CEO Michael Sand said, "I would like to thank Dick
for his valued contributions to the Company and the Bank during his 13 years
of service. He brought a great deal of experience to the Boards and we will
miss his insight and perspective. We are indebted to Dick for sharing some of
his retirement years to further the interests of the Bank."
The Bank owns and operates 21 branches in the state of Washington in Hoquiam,
Aberdeen, Ocean Shores, Montesano, Elma, Olympia, Lacey, Panorama, Tumwater,
Yelm, Puyallup, Edgewood, Tacoma, Spanaway (Bethel Station), Gig Harbor,
Poulsbo, Silverdale, Auburn, Winlock, and Toledo.
Disclaimer
This report contains certain "forward-looking statements." The Company
desires to take advantage of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995 and is including this statement for
the express purpose of availing itself of the protection of such safe harbor
with forward looking statements. These forward-looking statements may
describe future plans or strategies and include the Company's expectations of
future financial results. Forward-looking statements are subject to a number
of risks and uncertainties that might cause actual results to differ
materially from stated objectives. These risk factors include but are not
limited to the effect of interest rate changes, competition in the financial
services market for both deposits and loans as well as regional and general
economic conditions. The words "believe," "expect," "anticipate," "estimate,"
"project," and similar expressions identify forward-looking statements. The
Company's ability to predict results or the effect of future plans or
strategies is inherently uncertain and undue reliance should not be placed on
such statements.
CONTACT:
Timberland Bancorp, Inc.
Michael Sand, President & CEO or Dean Brydon, CFO 360/533-4747