SR BANCORP, INC. ANNOUNCES QUARTERLY FINANCIAL RESULTS [Yahoo! Finance]
SR Bancorp, Inc. (SRBK)
Company Research
Source: Yahoo! Finance
Bank (the "Bank"), announced net income of $1.4 million for the three months ended September 30, 2024 (unaudited), or per basic and diluted share, compared to a net loss of $10.5 million for the three months ended September 30, 2023 (unaudited). Excluding $1.0 million of net accretion income related to fair value adjustments, net income would have been for the three months ended September 30, 2024 . Excluding $3.9 million of merger costs and a $4.2 million provision for credit losses related to the acquisition of Regal Bancorp and its wholly-owned subsidiary Regal Bank, which is described in greater detail below, and a $5.4 million charitable contribution, offset by of net accretion income related to fair value adjustments, net income would have been for the three months ended September 30, 2023 Total assets were $1.05 billion , an increase of $32.1 million , or 3.1%, from $1.02 billion at June 30, 2024 . Net loans were $767.7 million , an increase of $35.9 million , or 4.9%, from $
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Sec Filings
- 11/21/24 - Form 8-K
- 11/20/24 - Form 8-K
- 11/15/24 - Form SCHEDULE
- SRBK's page on the SEC website