• FS Bancorp annual report for fiscal 2025 highlighted continued balance-sheet expansion, supported by core deposit growth and higher loan production.
• Capital returns remained central strategy, with ongoing share repurchases alongside quarterly dividends, including special dividend.
• Company advanced technology modernization, completing major bankwide projects including migration to new online banking platform.
• Real estate footprint shifted with purchase of headquarters building in Mountlake Terrace, positioning bank for future staffing growth.
• Leadership transition moved into focus, with Matthew Mullet taking top role as long-time CEO Joseph Adams prepared for retirement in 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FS Bancorp Inc. published the original content used to generate this news brief on April 06, 2026, and is solely responsible for the information contained therein.