Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(d) On September 4, 2009, Timberland Bancorp, Inc. ("Company"), the holding company of Timberland Bank ("Bank"), announced that Larry David Goldberg had been appointed to the Company's and the Bank's Boards of Directors effective September 23, 2009. Mr. Goldberg was not appointed to serve on any of the Company's or the Bank's Committees of their respective Boards of Directors at this time. For further information concerning Mr. Goldberg's background, reference is made to the press release dated September 4, 2009 which is attached hereto as Exhibit 99.1 and incorporated herein by reference.

There are no family relationships between Mr. Goldberg and any director or other executive officer of the Company and the Bank and he was not appointed as a director pursuant to any arrangement or understanding with any person. Mr. Goldberg has not engaged in any transaction with the Company or the Bank that would be reportable as a related party transaction under the rules of the Securities and Exchange Commission.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

99.1 Press Release of Timberland Bancorp, Inc. dated September 4, 2009

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