MOUNTLAKE TERRACE, Wash. (AP) — MOUNTLAKE TERRACE, Wash. (AP) — FS Bancorp Inc. (FSBW) on Wednesday reported first-quarter earnings of $8.4 million.

The bank, based in Mountlake Terrace, Washington, said it had earnings of $1.06 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 98 cents per share.

The bank holding company posted revenue of $50 million in the period. Its revenue net of interest expense was $35.5 million, which also beat Street forecasts.

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