1st Security Bank of Washington: FS Bancorp, Inc. Reports Net Income for the Second Quarter of 2021 of $8.5 Million or $0.97 Per Diluted Share, and Implemented Previously Announced Two-For-One Stock Split and Scheduled Payment of the Thirty-Fourth Quarter (5,514 359 1,444,425 Loans receivable, net increased $52.6 million to $1.65 billion at June 30, 2021, from $1.59 billion at March 31, 2021, and increased $201.2 million from $1.44 billion at June 30, 2020. The quarter over linked quarter increase in total real estate loans was $52.1 million, including increases in one-to-four-family loans of $36.1 million, multi-family loans of $11.2 million, commercial real estate loans of $4.4 million and construction and development loans of $1.0 million, offset by a decrease in home equity loans of $634,000. Consumer loans increased $15.0 million, primarily due to an increase of $14.0 million in indirect home improvement loans. Commercial business loans decreased $14.1 million, primarily due to a decrease in commercial and industrial loans of $19.6 million, partially due to a net decrease in PPP loans of $10.6 million.