FS Bancorp, Inc. Form 8-K Summary
Business Context and Reporting Period
FS Bancorp, Inc. (FSBW), a Washington-based financial institution, filed this Current Report on Form 8-K on June 3, 2025. The filing addresses a change in the Company's independent registered public accounting firm.
Financial Metrics
This filing does not contain financial performance data. There are no disclosures regarding revenue, profit, cash flow, margins, debt, or liquidity metrics within this document.
Material Changes
The primary material change reported is the resignation of Moss Adams LLP as the Company's independent auditor and the appointment of Baker Tilly US, LLP as the successor firm. This transition occurred effective June 3, 2025, following the merger of Moss Adams with Baker Tilly US, LLP.
Management Commentary and Risks
- Audit History: The audit reports issued by Moss Adams for the years ended December 31, 2024 and 2023, and the interim period through June 3, 2025, did not contain adverse opinions, disclaimers, or qualifications.
- Disagreements: The Company reported no disagreements with Moss Adams regarding accounting principles, financial statement disclosures, or auditing scope during the relevant periods.
- Consultations: The Company confirmed it did not consult with Baker Tilly regarding accounting applications or potential audit opinions prior to this appointment.
- Contingencies: No reportable events requiring disclosure under Item 304(a)(1)(v) of Regulation S-K were identified.
Key Facts for Investor Verification
- Verify the effective date of the auditor transition (June 3, 2025) and the new firm name (Baker Tilly US, LLP).
- Confirm the absence of any disagreements or reportable events with the former auditor, Moss Adams LLP.
- Review the letter from Moss Adams LLP filed as Exhibit 16.1 to ensure they concur with the Company's statements regarding the change.
- Note that this filing contains no financial results; investors should refer to the most recent 10-K or 10-Q for financial data.