FSBW on Nasdaq

FS Bancorp, Inc.

FS Bancorp, Inc. is an American savings institutions company based in Mountlake Terrace.1 Its shares trade on Nasdaq under the symbol FSBW.1

Price unavailable

Last updated Oct 20, 2026.

Overview

Compare with GREENE COUNTY BANCORP INC, Rhinebeck Bancorp, Inc. or Pioneer Bancorp, Inc./MD, or pick any stock.

  • TickerFSBW on Nasdaq1
  • IndustrySavings Institutions, Not Federally Chartered1
  • HeadquartersMountlake Terrace, Washington1
  • Incorporated inWA2
  • Business address6920 220Th Street Sw, Mountlake Terrace, Wa 980432
  • Filer categoryAccelerated filer2

See how the biggest companies compare on our leaderboards

FS Bancorp, a Washington corporation, was organized in September 2011 for the purpose of becoming the holding company of 1st Security Bank upon the Bank’s conversion from a mutual to a stock savings bank (“Conversion”). The Conversion was completed on July 9, 2012. At December 31, 2025, the Company had consolidated total assets of $3.2 billion, total loans receivable, net of $2.62 billion, total deposits of $2.67 billion, and total stockholders’ equity of $307.7 million. The Company has not engaged in significant activities other than holding the stock of the Bank and providing capital to it through the debt and equity markets. Accordingly, the information set forth in this Form 10–K, including the consolidated financial statements and related data, relates primarily to the Bank.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

781.7%Net margin5
44.8%Revenue growth, 20236
13.6%Return on equity5
$76.0MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Selling, general and admin13¢$13.1M
  • Interest43¢$43.9M
  • Income tax9¢$9.2M
  • Profit35¢$36.1M

Out of $4.6M in revenue.65

Where each dollar of operating cash went, fiscal 2023

  • Capital spending2¢$1.7M
  • Dividends paid10¢$7.8M
  • Share buybacks0¢$223.0K
  • Kept or used elsewhere88¢$68.0M

Out of $77.7M of cash from operations.5

Financial statements

Revenue786$4.6M in 2023+58% since 2019
0$2.0M$4.0M$6.0M2019: $2.9M$2.9M20192020: $2.7M$2.7M2020−9%2021: $3.0M$3.0M2021+13%2022: $3.2M$3.2M2022+6%2023: $4.6M$4.6M2023+45%
Net income78695$36.1M in 2023+59% since 2019
0$10.0M$20.0M$30.0M$40.0M2019: $22.7M$22.7M20192020: $39.3M$39.3M2020+73%2021: $37.4M$37.4M2021−5%2022: $29.6M$29.6M2022−21%2023: $36.1M$36.1M2023+22%

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2025-12-312024-12-312023-12-31
Loans receivable, including fees$181.9M$170.9M$154.9M
Interest and dividends on investment securities, cash and cash equivalents, and certificates of deposit at other financial institutions$15.4M$14.0M$12.2M
Total interest and dividend income$197.2M$184.8M$167.2M
Deposits$57.7M$53.2M$36.8M
Borrowings$7.2M$6.6M$5.2M
Subordinated notes$1.9M$1.9M$1.9M
Total interest expense$66.8M$61.7M$43.9M
NET INTEREST INCOME$130.4M$123.1M$123.3M
PROVISION FOR CREDIT LOSSES$9.5M$5.5M$4.8M
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES$120.9M$117.6M$118.5M
Service charges and fee income$9.1M$10.0M$11.1M
Gain on sale of loans$8.3M$8.6M$6.7M
Gain on sale of MSRs$0$8.4M$0
Loss on sale of investment securities, net$0-$7.8M$0
Earnings on cash surrender value of BOLI$1.0M$990.0K$920.0K
Other noninterest income$3.8M$1.5M$1.7M
Total noninterest income$22.3M$21.6M$20.5M
Salaries and benefits$57.8M$55.1M$53.6M
Operations$14.9M$13.5M$13.1M
Occupancy$7.1M$6.9M$6.4M
Data processing$7.8M$8.4M$6.9M
Gain on sale of OREO$0$0-$148.0K
Loan costs$2.9M$2.7M$2.6M
Professional and board fees$4.6M$4.1M$2.6M
Federal Deposit Insurance Corporation (FDIC) insurance$2.3M$2.0M$2.4M
Marketing and advertising$1.2M$1.3M$1.3M
Acquisition cost$0$0$1.6M
Amortization of core deposit intangible$3.2M$3.6M$3.5M
Impairment (recovery) of MSRs$54.0K-$38.0K$48.0K
Total noninterest expense$102.0M$97.6M$93.7M
INCOME BEFORE PROVISION FOR INCOME TAXES$41.1M$41.6M$45.3M
PROVISION FOR INCOME TAXES$7.8M$6.6M$9.2M
NET INCOME$33.3M$35.0M$36.1M
Basic earnings per share (in dollars per share)$4.35$4.48$4.63
Diluted earnings per share (in dollars per share)$4.29$4.36$4.56

Compare FS Bancorp, Inc. with another company

Corporate structure

FS Bancorp, Inc. sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of FS Bancorp, Inc.

  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on FS Bancorp, Inc., latest Mar 26, 2026 (5 filings since Feb 10, 2022)
  • De Lisle Partners LLP Filed SCHEDULE 13G on FS Bancorp, Inc., latest Feb 11, 2026
  • PRICE T ROWE ASSOCIATES INC /MD/ Filed SC 13G/A on FS Bancorp, Inc., latest Nov 14, 2024 (2 filings since Feb 14, 2022)
  • T. Rowe Price Investment Management, Inc. Filed SC 13G/A on FS Bancorp, Inc., latest Nov 14, 2024 (4 filings since Aug 10, 2022)
  • DIMENSIONAL FUND ADVISORS LP Filed SC 13G on FS Bancorp, Inc., latest Oct 31, 2024
  • Principal Financial Group Filed SC 13G/A on FS Bancorp, Inc., latest Feb 9, 2024
  • FS Bancorp, Inc. Mountlake Terrace, Washington
    • 1st Security Bank of Washington (b) Subsidiary · Washington, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What FS Bancorp, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$68.8M5 Dec 31, 2025$57.1M5 Dec 31, 2024+20.6%
Accumulated depreciation$24.8M5 Dec 31, 2025$27.3M5 Dec 31, 2024−9.3%
Property and equipment, net$44.1M5 Dec 31, 2025$29.8M5 Dec 31, 2024+48.1%
Operating-lease assets (leased space)$5.8M5 Dec 31, 2025$5.4M5 Dec 31, 2024+7.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$28.2M5 Dec 31, 2025$31.6M5 Dec 31, 2024−10.8%
Loans, net of allowance$2.6B5 Dec 31, 2025$2.5B5 Dec 31, 2024+4.8%
Deposits held (banks)$2.7B5 Dec 31, 2025$2.3B5 Dec 31, 2024+14.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$3.6M5 Dec 31, 2025$3.6M5 Dec 31, 20240%
Finite-lived intangibles, net$10.5M5 Dec 31, 2025$13.7M5 Dec 31, 2024−23.3%

Properties, in its own words

At December 31, 2025, the Company maintained a headquarters office in Mountlake Terrace, Washington, an administrative office in Aberdeen, Washington, 27 full-service bank branches, and 13 loan production offices, with an aggregate net book value of $44.1 million. The Company owns its headquarters office, its administrative office and 21 of its 27 branch offices. The remaining branch offices and the seven stand-alone loan production offices are leased facilities. The lease terms for our branch and loan production offices are not individually material. The Company’s leases have remaining lease terms of 3 months to 9.6 years, some of which include options to extend the leases for up to five years. In the opinion of management, all properties are adequately covered by insurance, are in a good state of repair and are suitable for the Company’s needs. For additional information see “Note 5 – Premises and Equipment” of the Notes to Consolidated Financial Statements included in “Item 8. Financial Statements and Supplementary Data” of this Form 10–K.

The Company maintains depositor and borrower customer files on an on-line basis, utilizing a telecommunications network, portions of which are leased. Management has a business continuity plan in place with respect to the data processing system, as well as the Company’s operations as a whole.

Item 2 of the 10-K filed Mar 13, 2026.4

Leadership

Who has led FS Bancorp, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Joseph C. Adams2012–2026
  2. Matthew D. Mullet2026–now

President

  1. Matthew D. Mullet2024–now

Chief financial officer

  1. Matthew D. Mullet2012–2025
  2. Phillip Dean Whittington2025–now

Chief operating officer

  1. Drew B. Ness2012–2017
  2. Matthew D. Mullet2018–2021
  3. Lisa Cleary2020–2022
  4. Robert A. Nesbitt2024
201520202025
Board members and other officers (23)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • 1st Security Bank of Washington (b) Washington3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Aug 24, 20268-K Other events44
  2. Aug 21, 20268-K Other events45
  3. Aug 11, 20268-K Regulation FD disclosure46
  4. Jul 21, 20268-K Results of operations; Other events47
  5. Jun 1, 20268-K Executive or director change48
  6. May 27, 20268-K Shareholder vote49
  7. May 4, 20268-K Regulation FD disclosure50
  8. Apr 22, 20268-K Results of operations; Other events51
  9. Feb 26, 20268-K Other events52
  10. Feb 10, 2026New chief executive Matthew D. Mullet becomes CEO13
  11. Feb 3, 20268-K Regulation FD disclosure53
  12. Jan 28, 20268-K Other events54
  13. Jan 21, 20268-K Results of operations; Other events55
  14. Jun 28, 2012New chief executive Joseph C. Adams becomes CEO14

Calendar

Coming up

  1. Oct 20, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $1.18 a share, on Oct 21, 2025.56

When it reported results

  1. Jul 21, 2026Reported quarterly or annual results47
  2. Apr 22, 2026Reported quarterly or annual results51
  3. Jan 21, 2026Reported quarterly or annual results55
  4. Oct 22, 2025Reported quarterly or annual results57
  5. Jul 22, 2025Reported quarterly or annual results58
  6. Apr 22, 2025Reported quarterly or annual results59
  7. Jan 21, 2025Reported quarterly or annual results60
  8. Oct 22, 2024Reported quarterly or annual results61

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

513 filings to the SEC since October 2021: 6 annual reports, 16 quarterly reports, 73 major events, 369 insider forms, 19 large holders, 30 other. The latest 20:

  1. Aug 31, 20264 PRIMARY DOCUMENT EDGAR
  2. Aug 28, 2026144 EDGAR
  3. Aug 28, 20264 PRIMARY DOCUMENT EDGAR
  4. Aug 26, 20264 PRIMARY DOCUMENT EDGAR
  5. Aug 25, 2026144 EDGAR
  6. Aug 24, 20268-K EDGAR
  7. Aug 21, 20268-K EDGAR
  8. Aug 20, 20264 PRIMARY DOCUMENT EDGAR
  9. Aug 19, 20264 PRIMARY DOCUMENT EDGAR
  10. Aug 19, 20264/A PRIMARY DOCUMENT EDGAR
  11. Aug 18, 20264 PRIMARY DOCUMENT EDGAR
  12. Aug 18, 20264 PRIMARY DOCUMENT EDGAR
  13. Aug 18, 20264 PRIMARY DOCUMENT EDGAR
  14. Aug 18, 20264 PRIMARY DOCUMENT EDGAR
  15. Aug 18, 20264 PRIMARY DOCUMENT EDGAR
  16. Aug 18, 20264 PRIMARY DOCUMENT EDGAR
  17. Aug 18, 20264 PRIMARY DOCUMENT EDGAR
  18. Aug 18, 20264 PRIMARY DOCUMENT EDGAR
  19. Aug 18, 20264 PRIMARY DOCUMENT EDGAR
  20. Aug 18, 20264 PRIMARY DOCUMENT EDGAR

The 513 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

37 open-market trades by officers, directors and large owners since October 2021: 3 buys and 34 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 28, 2026Degner Terri LDirectorSale975$43.25$42.2KForm 4
Aug 25, 2026Degner Terri LDirectorSale1,694$42.72$72.4KForm 4
Aug 25, 2026McCormick SeanChief Credit Admin. OfficerSale907$42.86$38.9KForm 4
Nov 21, 2025Cofer-Wildsmith MarinaDirectorSale2,371$40.00$94.8KForm 4
Nov 21, 2025Cofer-Wildsmith MarinaDirectorSale2,371$40.00$94.8KForm 4
Nov 20, 2025Cofer-Wildsmith MarinaDirectorSale161$40.00$6.4KForm 4
Nov 20, 2025Cofer-Wildsmith MarinaDirectorSale161$40.00$6.4KForm 4
Nov 14, 2025Cofer-Wildsmith MarinaDirectorSale17$40.05$681Form 4
Nov 13, 2025Cofer-Wildsmith MarinaDirectorSale3,807$40.00$152.3KForm 4
Aug 27, 2025Adams Joseph C.DirectorSale14,646$41.83$612.6KForm 4
Aug 22, 2025Adams Joseph C.DirectorSale402$41.72$16.8KForm 4
Aug 21, 2025Adams Joseph C.DirectorSale6,674$40.01$267.0KForm 4
Aug 20, 2025Adams Joseph C.DirectorSale4,914$40.13$197.2KForm 4
Aug 19, 2025Adams Joseph C.DirectorSale10,864$40.16$436.3KForm 4
Feb 1, 2024Degner Terri LDirectorBuy500$36.09$18.0KForm 4
Aug 25, 2023FULLER ROBERT BRetired Chief Credit OfficerSale3,368$30.53$102.8KForm 4
Aug 15, 2023Andrews Pamela MarieDirectorBuy354$31.00$11.0KForm 4
Aug 4, 2023FULLER ROBERT BRetired Chief Credit OfficerSale290$31.22$9.1KForm 4
Aug 4, 2023FS Bancorp, Inc.Chief Credit OfficerSale290$31.22$9.1KForm 4
Jun 1, 2023FULLER ROBERT BRetired Chief Credit OfficerSale5,040$28.54$143.8KForm 4

All 37 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Joseph C. Adams66$590.0K$1.4M68
2025Matthew D. Mullet$425.0K$1.1M68
2025Donn C. Costa$365.0K$625.7K68
2025Shana C. Allen$258.1K$568.1K68
2025Phillip D. Whittington$148.5K$377.5K68
2024Chief Executive Officer$550.4K$1.6M68
2024President$377.1K$1.1M68
2024Chief Information Officer$245.0K$668.4K68
2024Chief Home Lending Officer$346.5K$550.5K68
2023Chief Executive Officer$525.0K$1.4M68
2023President$346.5K$891.2K68
2023Chief Information Officer$245.0K$563.7K68
2023Chief Home Lending Officer$346.5K$550.8K68

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.488,775$21.2M0.0%+51,988
Dimensional Fund Advisors LP421,646$18.3M0.0%+3,358
De Lisle Partners LLP391,651$17.0M1.9%No change
Vanguard Capital Management LLC294,351$12.8M0.0%−30,902
Pacific Ridge Capital Partners, LLC206,499$9.0M1.6%−1,595
Geode Capital Management, LLC166,440$7.2M0.0%+13,432
Tcw Group Inc154,429$6.7M0.0%+2,400
State Street Corp128,043$5.6M0.0%−262
Alliancebernstein L.P.137,519$5.3M0.0%−7,320
Renaissance Technologies LLC113,513$4.9M0.0%+4,628
Royce & Associates LP101,342$4.4M0.0%+3,256
Bridgeway Capital Management, LLC87,750$3.8M0.1%+2,456
American Century Companies Inc85,640$3.7M0.0%No change
Northern Trust Corp73,376$3.2M0.0%−126
Stilwell Value LLC70,000$3.0M1.7%−2,000
Siena Capital Partners GP, LLC52,441$2.3M0.6%No change
Bank of New York Mellon Corp49,529$2.1M0.0%+1,070
Vanguard Portfolio Management LLC43,706$1.9M0.0%+6,526
Vanguard Fiduciary Trust Co41,723$1.8M0.0%+2,018
Empowered Funds, LLC41,313$1.8M0.0%+1,490
Daytona Street Capital LLC37,957$1.6M1.2%+5,520
Two Sigma Investments, LP37,303$1.6M0.0%+1,103
Morgan Stanley36,484$1.6M0.0%+1,767
Aristides Capital LLC35,264$1.5M0.4%+827
Raymond James Financial Inc31,395$1.4M0.0%+34

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How FS Bancorp, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARFS Bancorp, Inc.1
  • CIK0001530249
  • Employer ID (EIN)45-45851784
  • Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
  • Incorporated inWashington4
  • Fiscal year endsDecember 311
  • Industry code (SIC)6036 Savings Institutions, Not Federally Chartered1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business address6920 220Th Street Sw, Mountlake Terrace, WA 980431
  • Phone425-771-52991
  • Shares outstanding7,431,972 as of Aug 5, 202611
  • Public float$259.8M as of Jun 30, 20254
  • AuditorBaker Tilly US, LLP, Everett, Washington PCAOB ID 23; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceOct 3, 20111
  • Filings1,003 in all: 4 (578), 8-K (183), 10-Q (44), SC 13G/A (32), 3 (27), 4/A (19), DEF 14A (15), 10-K (14)1
    All 37 form types

    SC 13G (14), 144 (8), 8-K/A (8), DEFA14A (7), EFFECT (6), CORRESP (5), 424B3 (4), S-8 (4), UPLOAD (4), S-4 (3), S-4/A (3), 424B5 (2), 425 (2), ARS (2), S-1/A (2), S-3 (2), SCHEDULE 13G (2), SCHEDULE 13G/A (2), 10-K/A (1), 10-Q/A (1), 3/A (1), 8-A12B (1), 8-A12B/A (1), CERTNAS (1), D (1), FWP (1), S-1 (1), SC 13D (1), SC 13D/A (1)

  • Latest filingsAnnual report (10-K) Mar 13, 2026
    Quarterly report (10-Q) Aug 10, 2026
    Proxy statement (DEF 14A) Apr 6, 2026
    Latest 8-K (8-K) Aug 24, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.01 par value per shareFSBWNASDAQ

From the cover page of the 10-K filed Mar 13, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

The risks FS Bancorp, Inc. names in Item 1A of its 10-K filed Mar 13, 2026: 31 risks under these headings, as written.4

  • Risks Related to Macroeconomic Conditions
  • Our business may be adversely affected by downturns in the national economy and in the economies in our market areas.
  • Monetary policy, interest rate volatility, inflation, deflation, and other external economic factors could adversely impact our financial performance and operations.
  • Risks Related to our Lending Activities
  • Our loan portfolio possesses increased risk due to a large percentage of consumer loans.
  • Our business could suffer if we are unsuccessful in making, continuing, and growing relationships with home improvement contractors and dealers.
  • A significant portion of our business involves commercial real estate lending, which is subject to various risks that could adversely impact our results of operations and financial condition.
  • Repayment of our commercial business loans is often dependent on the cash flows of the borrower, which may be unpredictable, and the collateral securing these loans may fluctuate in value.
  • Our residential construction lending is subject to various risks that could adversely impact our results of operations and financial condition.
  • Our residential mortgage warehouse lending program is subject to various risks that could adversely impact our results of operations and financial condition.
  • If our ACL on loans is not sufficient to cover actual loan losses, our earnings could be reduced.
  • Our business may be adversely affected by credit risk associated with residential property.
The other 21 risks
  • Severe flooding in Western Washington and Oregon in November 2025, as well as the increasing frequency and severity of flood and wildfire events, could materially and adversely affect the credit quality of our loan portfolio and the adequacy of our allowance for credit losses.
  • Nonperforming assets take significant time to resolve and adversely affect our results of operations and financial condition and could result in losses in the future.
  • Risk Related to Changes in Market Interest Rates
  • Changes in interest rates may reduce our net interest income and may result in higher defaults in a rising rate environment.
  • Revenue from mortgage banking operations is sensitive to changes in economic conditions, decreased economic activity, a slowdown in the housing market, higher interest rates or new legislation and may adversely impact our financial condition and results of operations.
  • Our securities portfolio may be negatively impacted by fluctuations in market value and interest rates.
  • If our hedging against interest rate exposure is ineffective, it could result in volatility in our operating results, including potential losses, which could have a material adverse effect on our results of operations and cash flows.
  • Risks Related to Accounting Matters
  • We may experience future goodwill impairment, which could reduce our earnings.
  • Our reported financial results depend on management’s selection of accounting methods and certain assumptions and estimates, which, if incorrect, could cause unexpected losses in the future.
  • Risk Related to Regulatory and Compliance Matters
  • We may become subject to supervisory actions and enhanced regulation that could have a material adverse effect on our business, reputation, operating flexibility and financial condition.
  • Climate change and related legislative and regulatory initiatives may materially affect the Company’s business and results of operations.
  • Non-compliance with the USA PATRIOT Act, Bank Secrecy Act, or other laws and regulations could result in fines or sanctions.
  • Risks Related to Cybersecurity, Data, Fraud, Third Parties and Technology
  • We rely on other companies to provide key components of our business infrastructure.
  • We are subject to certain risks in connection with our use of technology.
  • Our current and future uses of Artificial Intelligence (AI) and other emerging technologies may create additional risks.
  • We are subject to certain risks in connection with our data management or aggregation.
  • Our business may be adversely affected by an increasing prevalence of fraud and other financial crimes.
  • Risks Related to Our Business and Industry Generally
  • Ineffective liquidity management could adversely affect our financial results and condition.
  • Our growth or future losses may require us to raise additional capital in the future, but that capital may not be available when it is needed or the cost of that capital may be exceedingly high.
  • The Company’s ability to pay dividends and make subordinated debt payments is subject to the ability of the Bank to make capital distributions to the Company.
  • The markets in which the Company operates are subject to the risk of flooding, mudslides, and other natural disasters.
  • Regulatory changes to diversity, equity and inclusion (“DEI”) and environmental, social and governance (“ESG”) practices may adversely impact our reputation, compliance costs, and business operations

Legal proceedings

Because of the nature of our activities, the Company is subject to various pending and threatened legal actions which arise in the ordinary course of business. From time to time, subordination liens may create litigation which requires the Company to defend its lien rights. In the opinion of management, liabilities arising from these claims, if any, will not have a material effect on the Company's financial position.

The opening of Item 3, Legal Proceedings.4

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
    SEC EDGAROther events
  45. 45
    SEC EDGAROther events
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
    SEC EDGAROther events
  53. 53
  54. 54
    SEC EDGAROther events
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64
  65. 65
  66. 66
  67. 67
  68. 68