Kentucky First Federal Bancorp(KFFB) - 2026 Q2 - Quarterly Results

Financial Performance - Net income for the three months ended December 31, 2025, was $304,000 or $0.04 diluted earnings per share, a significant increase from $13,000 or $0.00 diluted earnings per share for the same period in 2024, representing an increase of $291,000 [2]. - Non-interest income increased by $7,000 or 4.1% to $178,000 for the three months ended December 31, 2025 [5]. - Shareholders' equity increased by $732,000 or 1.5% to $49.1 million at December 31, 2025, attributed to net earnings during the period [10]. Interest Income and Expenses - Net interest income increased by $618,000 or 30.3% to $2.7 million for the quarter ended December 31, 2025, driven by an increase in interest income and a decrease in interest expense [3]. - Interest income rose by $392,000 or 8.2% to $5.2 million, while interest expense decreased by $226,000 or 8.2% to $2.5 million for the recently-ended quarter [4]. Assets and Deposits - Total assets increased by $4.1 million or 1.1% to $375.3 million at December 31, 2025, primarily due to an increase in loans, net, of $2.6 million or 0.8% [9]. - The company reported a decrease in deposits by $4.4 million or 1.6% to $273.2 million, primarily due to a reduction in savings accounts [9]. Expenses and Cost Management - Non-interest expense rose by $220,000 or 10.0% to $2.4 million, primarily due to a significant increase in data processing expenses [6]. - The company anticipates continued focus on increasing earnings and core deposits while managing costs and regulatory compliance [11]. Book Value - Book value per share was reported at $6.07, an increase from $5.98 at June 30, 2025 [10].