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12-31-2013, 08:40 PM
Timberland Bancorp Announces Accelerated Vesting of Underwater Share

Accomplishing this in which employees accrue nonforfeitable rights over employer contributions that are manufactured to the employee's qualified retirement plan account.

Notes: of underwater share previously awarded within Timberland Bancorp, Inc. 1999 Stock Option Plan and the 2003 Stock Option Plan considering the fresh accounting regulations designed to be effective with the Company's next fiscal year. The Board took this procedure when using the thought that it's inside needs of your shareholders simply because it will lessen Company's reported compensation expense later on periods.

Attributable to the vesting acceleration, options to purchase approximately 27,500 shares of Timberland Bancorp common stock became exercisable immediately. These commodity were considered underwater or straight from the money for the reason that option's exercise price was beyond the latest cost. The weighted average exercise valuation on accelerated options was $23.06 additionally, the closing valuation on send out common stock on April 26, 2005 was $22.81.

In the recently issued Financial Accounting Standard Board Statement No. 123 (Revised 2004), "Share Based Payment" ("FAS 123R"), the business shall be was required to make use of the expense recognition provisions of FAS 123R first by the first quarter of the company's 2006 fiscal year, which begins on October 1, 2005. From the acceleration, Timberland Bancorp seriously isn't likely be asked to recognize anticipated stock option expense, net of taxes of roughly $54,000 in fiscal 2006 through fiscal 2008. The provider will, however, resulting from this step record a footnote Text seems at the end of an page that contributes explanation. Selecting useful to give credit to the fundamental cause of web data. When accumulated and printed right after a document, they may be called "endnotes." stock based compensation importance of approximately $54,000 net of taxes from the quarter ending June 30, 2005.

Timberland Bancorp, Inc. , Panorama City, Tumwater, Yelm, Puyallup, Edgewood, Tacoma, Spanaway (Bethel Bethel, while in the Bible

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1 Ancient town of central Palestine, the trendy Baytin, totally free Bank, N of Jerusalem. Station), Gig Harbor, Poulsbo, Silverdale, Auburn Auburn ( City (1990 pop. 33,830), Lee co., E Ala.; inc. 1839. The city's economy centers around Auburn Univ.; you can find some manufacturing.

2 City (1990 pop. 24,309), seat of Androscoggin co. , Winlock, and Toledo.

Using the exception of the historical information on this era, this release contains certain "forwardlooking statements forwardlooking statement

An estimated financial statement influenced by management expectations. A forwardlooking statement involves risks meant for the accuracy of assumptions underlying the projections. ." The corporate wishes to free you from paying "safe harbor Safe Harbor

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2. A sort of shark repellent implemented by a target company getting a business that could be so poorly regulated that this target is less attractive. " provisions on the Private Securities Litigation Reform Act An individual can Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting circumstances brought underneath the federal securities laws, including changes based on pleading, discovery, liability, class representation and awards fees along with 1995 and it's including this statement for the express purpose of availing itself of your protection for these safe harbor with forward looking statements. These forwardlooking statements may describe future plans or strategies including transmit mail expectations エアジョーダン1 (http://inboedel.net/images/jordan.html) of future financial results. Forwardlooking statements are foreclosures numerous risks and uncertainties which can cause actual brings about differ materially from stated objectives. These risk factors include but aren't tied to the ability of the corporation to effectively integrate acquired branches and employees into its systems, effect appealing rate changes, competition while in the financial services The examples and perspective below or section probably won't represent an internationally take a look at the person.

Please [ improve this article] or discuss the situation over the talk page. marketplace for both deposits and loans combined with regional and general economic conditions. The words "believe," "expect," "anticipate," "estimate," "scheduled" and other expressions identify forwardlooking statements. Yourrrre able to send capacity to predict results and the effect of future plans or strategies is inherently uncertain and undue reliance http://www.naitsa.ca/doc/soccer.html really should not be subjected to such statements.