April 22, 2022

Via EDGAR

Securities and Exchange Commission

Division of Corporation Finance

100 F Street, N.E.,

Washington, D.C.  20549

Attention: David Gessert

Re:      FS Bancorp, Inc.

Request for Acceleration of Effectiveness of

Registration Statement on Form S-3 (File No. 333-264269)

Dear Mr. Gessert:

Pursuant to Rule 461 under the Securities Act of 1933, as amended, FS Bancorp, Inc. (“Company”) hereby respectfully requests acceleration of the effective date of the above-referenced registration statement on Form S-3 to 3:00 p.m., Eastern Daylight Time, on Wednesday, April 27, 2022, or as soon thereafter as is practicable.

The Company requests that it be notified of the effectiveness of the Registration Statement by telephone call to John F. Breyer, Jr. of Breyer & Associates PC, the registrant’s legal counsel at, (703) 883-1100.

Sincerely, 

FS BANCORP, INC.

By:        /s/Matthew D. Mullet                         

Name:     Matthew D. Mullet 

Title:      Chief Financial Officer

6920 220th St. SW• Mountlake Terrace WA 98043 • 800.683.0973

fsbwa.com