ROBERT A. DRUGGE

Corporate Board Profile

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TIMBERLAND BANCORP INC

Filing Date	Source Excerpt
2023-12-18	Robert A. Drugge has been affiliated with Timberland since April 2006, serving as Executive Vice President of Lending from September 2006 until his retirement in March 2023. ... The following table shows the compensation paid to our directors for the fiscal year ended September 30, 2023... Robert A. Drugge Fees Earned or Paid in Cash ($) 20,460, Stock Awards ($) 16,422, All Other Compensation ($) 190,127, Total ($) 227,009.
2024-12-18	Robert A. Drugge has been affiliated with Timberland since April 2006, serving as Executive Vice President of Lending from September 2006 until his retirement in March 2023. Prior to joining Timberland, Mr. Drugge was employed at Bank of America as a senior officer and most recently served as Senior Vice President and Commercial Banking Manager. Mr. Drugge began his banking career at Seafirst in 1974, which was acquired by Bank America Corp. and became known as Bank of America. ... Each of the non-employee directors received a retainer of $3,410 per month. The Board Chair received an additional monthly retainer of $833 and each Committee Chair received an additional monthly retainer of $417, with the exception of the Budget Committee Chair, who received an additional monthly retainer of $105. No additional fees were paid for Board or committee meetings attended. Each non-employee director may periodically receive a discretionary stock-based award, if shares are available. On September 24, 2024, each non-employee director received an award of 645 shares of restricted stock. The shares vest pro rata over a three-year period from the grant date, with the first 33.3% vesting one year after the grant date.

Filing Date

Source Excerpt

2023-12-18

Robert A. Drugge has been affiliated with Timberland since April 2006, serving as Executive Vice President of Lending from September 2006 until his retirement in March 2023. ... The following table shows the compensation paid to our directors for the fiscal year ended September 30, 2023... Robert A. Drugge Fees Earned or Paid in Cash ($) 20,460, Stock Awards ($) 16,422, All Other Compensation ($) 190,127, Total ($) 227,009.

2024-12-18

Robert A. Drugge has been affiliated with Timberland since April 2006, serving as Executive Vice President of Lending from September 2006 until his retirement in March 2023. Prior to joining Timberland, Mr. Drugge was employed at Bank of America as a senior officer and most recently served as Senior Vice President and Commercial Banking Manager. Mr. Drugge began his banking career at Seafirst in 1974, which was acquired by Bank America Corp. and became known as Bank of America. ... Each of the non-employee directors received a retainer of $3,410 per month. The Board Chair received an additional monthly retainer of $833 and each Committee Chair received an additional monthly retainer of $417, with the exception of the Budget Committee Chair, who received an additional monthly retainer of $105. No additional fees were paid for Board or committee meetings attended. Each non-employee director may periodically receive a discretionary stock-based award, if shares are available. On September 24, 2024, each non-employee director received an award of 645 shares of restricted stock. The shares vest pro rata over a three-year period from the grant date, with the first 33.3% vesting one year after the grant date.

Data sourced from SEC filings. Last updated: 2026-03-05