FSBW - FS Bancorp, Inc.
About FS Bancorp, Inc. (https://www.fsbwa.com)
FS Bancorp, Inc. operates as a bank holding company for 1st Security Bank of Washington that provides banking and financial services to local families, local and regional businesses, and industry niches. The company operates in two segments, Commercial and Consumer Banking; and Home Lending. It offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, and certificates of deposit. The company provides one-to-four-family residential first mortgages, second mortgage/home equity loan products, non-mortgage commercial business loans, commercial real estate loans, and construction and development loans, as well as consumer loans, which primarily include personal lines of credit, credit cards, automobile, direct home improvement, loans on deposit, and recreational loans. As of December 31, 2021, it operated 21 full bank service branches and 10 home loan production offices in suburban communities in the greater Puget Sound area, including Snohomish, King, Pierce, Jefferson, Kitsap, Clallam, Grays Harbor, Thurston, and Lewis counties; and one loan production office in the market area of the Tri-Cities. The company was founded in 1936 and 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 | President, Treasurer & Secretary | 1979 | $727,583 USD |
| Donn C. Costa | Executive Vice President & Chief Home Lending Officer | 1962 | $625,711 USD |
| Benjamin G. Crowl | Executive Vice President & Chief Lending Officer | 1985 | $434,985 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 | – |
| Vickie A. Jarman | Executive Vice President & Chief Human Resources Officer | 1978 | – |