---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-24-000035"
form_type: "8-K"
ticker: "SRBK"
cik: "0001951276"
company_name: "SR Bancorp, Inc."
filed_at: "2024-01-31T23:59:59+00:00"
generated_at: "2026-06-06T14:12:45.272527+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SR Bancorp posts Q2 net income of $1.6M vs $10.5M loss prior quarter

## Summary
- Net income of $1.6M for Dec 31, 2023 quarter, vs net loss of $10.5M in Sep 30, 2023 quarter.
- Total assets of $1.07B, up 65% from $651.5M at June 30, 2023, reflecting Regal Bank acquisition.
- Net loans $695.8M (+92.1%) and deposits $843.3M (+67.4%) vs June 30, 2023 levels.
- Net interest income of $9.0M (vs $4.1M); net interest margin improved to 3.56% from 2.41%.
- Adjusted net income $605,000 (excl merger costs & accretion) vs $586,000 prior quarter.

## SEC filing metadata
- accession: 0000943374-24-000035
- form_type: 8-K
- ticker: SRBK
- cik: 0001951276
- company_name: SR Bancorp, Inc.
- filed_at: 2024-01-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1951276/000094337424000035/0000943374-24-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1951276/000094337424000035/form8k_013124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-24-000035
- JSON: https://secwatch.observer/filing/0000943374-24-000035.json
- Plain text: https://secwatch.observer/filing/0000943374-24-000035.txt

## Key facts
- Earnings Releases
  SR Bancorp, Inc. reported three months ended December 31, 2023 results: net income $1.6 million.
  - Period: three months ended December 31, 2023
  - Net income: $1.6 million
  - Result: reported results
  source text: SR BANCORP, INC. ANNOUNCES QUARTERLY FINANCIAL RESULTS Bound Brook, New Jersey (January 31, 2024) – SR BANCORP, INC. (the “Company”) (NASDAQ: SRBK), the holding company for Somerset Regal Bank (the “Bank”), announced today net income of $1.6 million for the three months ended December 31, 2023 (unaudited), compared to a net loss of $10.5 million for the three months ended September 30, 2023 (unaudited).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1951276/000094337424000035/0000943374-24-000035-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.