– Editor’s Note:
Congratulations to Timberland Bank and the contributions to Yelm from their great staff.
– “Timberland Bank named one of the top 10% of community banks in U.S.”
“Timberland Bancorp, known locally as Timberland Bank, was awarded the Community Bankers Cup by Raymond James & Associates. The award was given based on the bank’s stellar 2017 performance.
“Raymond James & Associates released a statement about the banks selected for the award.
“‘Of the 272 community banks considered for the 2017 Community Bankers Cup, the top 10% demonstrated superior performance on a relative basis in one or more of the following measurements of financial performance and stability: nonperforming assets to loans and real estate owned, five-year average core deposit percentage, net interest margin, efficiency ratio, return on average assets, and return on average tangible common equity,'” quoting the Business Examiner.
Blogger Klein is a long-time Timberland Bank customer.