Timberland Bancorp, Inc. (NASDAQ:TSBK) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders.
Timberland Bank, held its Annual Meeting of Shareholders on
Tuesday, January 24, 2017 in Hoquiam, Washington. The results of
the vote for the four items presented at the meeting were as
follows:
|
1.
|
Election of Directors:
|
Directors for a three-year term ending 2020 by the following
vote:
|
For
|
Against
|
Broker Non-Votes
|
|||||||
|
Number
of Votes
|
Percentage
|
Number
of Votes
|
Percentage
|
Number
of Votes
|
Percentage
|
||||
|
Jon C. Parker
|
3,418,859
|
80.35
|
836,035
|
19.65
|
2,696,574
|
N/A
|
|||
|
James C. Mason
|
3,415,462
|
80.27
|
839,432
|
19.73
|
2,696,574
|
N/A
|
|||
|
Michael J. Stoney
|
4,108,122
|
96.55
|
146,772
|
3.45
|
2,696,574
|
N/A
|
Annual Meeting of Shareholders, will continue to serve as
directors: Michael R. Sand, Andrea M. Clinton, David A. Smith and
Larry D. Goldberg.
|
2.
|
Advisory (Non-Binding) Vote on Compensation of Named
Executive Officers: |
compensation of the Company’s named executive officers as
follows:
|
Number
of Votes
|
Percentage
|
|
|
For
|
4,148,370
|
97.50
|
|
Against
|
65,547
|
1.54
|
|
Abstain
|
40,977
|
0.96
|
|
Broker non-votes
|
2,696,574
|
N/A
|
|
3.
|
Ratification of Appointment of Independent
Auditor: |
Company’s independent auditor for the fiscal year ending
September 30, 2017 by the following vote:
|
Number
of Votes
|
Percentage
|
|
|
For
|
6,050,449
|
99.52
|
|
Against
|
6,556
|
0.11
|
|
Abstain
|
22,721
|
0.37
|
About Timberland Bancorp, Inc. (NASDAQ:TSBK)
Timberland Bancorp, Inc. is the holding company for Timberland Savings Bank, SSB (the Bank). The Bank is a community-oriented bank, which offers a range of savings products to its retail customers while concentrating its lending activities on real estate mortgage loans and commercial business loans. The Bank offers personal banking solutions, business solutions, lending solutions and additional services. The Bank’s principal lending activity consists of the origination of loans secured by first mortgages on owner-occupied, one- to four-family residences, or by commercial real estate and loans for the construction of one- to four-family residences. The Bank offers consumer loans and commercial business loans. The Bank originates both fixed-rate loans and adjustable-rate loans. The Bank also offers adjustable-rate mortgage loans. It originates three types of residential construction loans: custom construction loans, owner/builder construction loans and speculative construction loans. Timberland Bancorp, Inc. (NASDAQ:TSBK) Recent Trading Information
Timberland Bancorp, Inc. (NASDAQ:TSBK) closed its last trading session down -0.03 at 20.85 with 11,488 shares trading hands.
