TIMBERLAND BANCORP INC

Ticker: TSBK CUSIP: 887098101 Class: Common Stock

PARADIGM CAPITAL MANAGEMENT INC/NY's Holding History (CIK: 0001037792)

Note: Option positions (PUT/CALL) are excluded.

Q4 2013

Shares 45,775 Value ($000) $440 Avg Close $6.31 Range $5.71 - $6.99

Q3 2013

Shares 45,775 Value ($000) $412 Avg Close $6.11 Range $5.63 - $6.47

Q2 2013

Shares 45,775 Value ($000) $385 Avg Close $5.66 Range $5.09 - $5.93

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	45,775	$440	$6.31	$5.71 - $6.99
Q3 2013	45,775	$412	$6.11	$5.63 - $6.47
Q2 2013	45,775	$385	$5.66	$5.09 - $5.93