FSBW - FS Bancorp, Inc.
About FS Bancorp, Inc. (https://www.fsbwa.com)
FS Bancorp, Inc. functions as the holding company for 1st Security Bank of Washington, delivering a comprehensive suite of banking and financial services. These offerings cater to families, local and regional businesses, and specialized industry sectors. The company operates through two main divisions: Commercial and Consumer Banking, and Home Lending. Its deposit portfolio includes checking, money market, and savings accounts, alongside certificates of deposit. For lending, FS Bancorp provides diverse options such as first and second mortgages for one-to-four-family residences, home equity loans, non-mortgage commercial business loans, commercial real estate and construction/development financing, and a variety of consumer loans including personal lines of credit, credit cards, auto, direct home improvement, deposit-secured, and recreational vehicle loans. As of December 31, 2021, the company maintained 21 full-service bank branches and 10 home loan production offices, strategically situated in suburban communities across the greater Puget Sound area (including Snohomish, King, Pierce, Jefferson, Kitsap, Clallam, Grays Harbor, Thurston, and Lewis counties), with an additional loan production office serving the Tri-Cities market. Established in 1936, FS Bancorp, Inc. is headquartered in Mountlake Terrace, Washington.
Key Executives
| NAME | TITLE | DOB | SALARY |
|---|---|---|---|
| Joseph C. Adams | Chief Executive Officer & Director | 1959 | $1,005,343 USD |
| Matthew D. Mullet | CEO, President, Treasurer & Secretary | 1979 | $727,583 USD |
| Donn C. Costa | Executive Vice President & Chief Home Lending Officer | 1962 | $625,711 USD |
| Kelli Nielsen | Executive Vice President & Chief Retail Banking Officer | 1972 | $423,617 USD |
| Shana Allen | Executive Vice President & Chief Information Officer | 1970 | $408,480 USD |
| Phillip Whittington | Vice President & Chief Financial Officer | – | $244,297 USD |
| Erin Burr | Executive VP, Chief Risk Officer & CRA Officer | 1978 | – |
| May-Ling Sowell CRCM | Senior Vice President & Chief Compliance Officer | – | – |
| Robert Nesbitt | Executive Vice President & Chief Credit Operations Officer | 1977 | – |
| Sean McCormick | Executive VP & Chief Credit Administration Officer | 1979 | – |
| Vickie A. Jarman | Executive Vice President & Chief Human Resources Officer | 1978 | – |