FS Bancorp, Inc. (FS Bancorp) is a newly formed company. The Company is engaged in conducting the stock offering in connection with the conversion of 1st Security Bank of Washington from the mutual to the stock form of organization. After the completion, FS Bancorp will be a bank holding company. 1st Security Bank of Washington is a community bank. It delivers banking and financial services to local families, local and regional businesses and industry niches within distinct Puget Sound area communities.