Local Business Briefs

Honda of Grays Harbor is business of quarter

Each quarter, Greater Grays Harbor Inc. selects an outstanding local business or organization to be named Business of the Quarter. Honda of Grays Harbor was awarded with the honor on Wednesday, Oct. 23, at the dealership location, 1720 Simpson Ave. in Aberdeen.

Honda of Grays Harbor received the award due to its commitment to strengthening the Grays Harbor community. Over the two years that John and Lynn Csernotta have operated Honda of Grays Harbor, the company has supported numerous non-profit organizations such as PAWS and Relay for Life as well as encouraged staff to be a part of service organizations such as Rotary Club.

“Greater Grays Harbor couldn’t be happier to have awarded Honda of Grays Harbor with this honor,” states Derek Schlaht, Director of Member Services. “We greatly appreciate our partnership with them and all that they do for our community.”

Greater Grays Harbor recruiting volunteers

Volunteer opportunities are available to greet guests and assist with light office tasks at GGHI.

Do you enjoy working with the public? Greater Grays Harbor Inc. is currently recruiting volunteers to assist with customer service operations in its office. Morning volunteer slots are available (Monday-Friday) from 9 a.m. to 1 p.m. at the GGHI office located at 506 Duffy St. in Aberdeen.

Tasks that volunteers will be expected to perform include light office duties such as filing paperwork, answering phone calls, and greeting guests in the office. The ideal volunteer will have excellent customer service and speaking skills.

For additional information about this unique opportunity, please call GGHI at (360) 532-7888, send an email to candie@graysharbor.org, or stop into the office.

Timberland Bancorp fiscal year net income increases 44%

Timberland Bancorp, Inc. last week reported net income increased 44% to $24.02 million for the fiscal year ended Sept. 30, 2019, from $16.72 million for the fiscal year ended Sept. 30, 2018. Earnings per diluted common share (“EPS”) increased 28% to $2.84 for the fiscal year 2019 from $2.22 for the prior fiscal year.

Timberland also reported quarterly net income of $6.33 million, or $0.75 per diluted common share, for the quarter ended September 30, 2019. This compares to net income of $5.96 million, or $0.70 per diluted common share, for the preceding quarter and net income of $4.42 million, or $0.59 per diluted common share, for the quarter ended September 30, 2018.

“We are pleased to report record net income for the year ended September 30, 2019 and, for the ninth consecutive fiscal year, increases in revenue, earnings per share, return on average equity and return on average assets,” stated Michael Sand, president and CEO. “The Northwest economy continues to provide an enviable economic environment within which to operate and we continue to develop lending and deposit relationships throughout our six county Western Washington footprint.

“Also, during our recently completed fiscal year we were honored to be recognized for the second consecutive year by Raymond James as being in the top 10% of community banks in the country, as measured by various financial metrics, and, by Sandler O’Neill, as one of the 30 best performing small cap banks in the country.”