secwatch.observer — SEC 8-K summary
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Issuer:     SR Bancorp, Inc. (SRBK)
CIK:        0001951276
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0000950170-25-060999
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SR Bancorp Q3 net income falls 49.5% to $537K; nine-month earnings swing to $2.9M
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- Net income of $537K ($0.06/sh) for Q3 FY2025 vs $1.1M in prior year; ex-accretion income was $124K.
- Nine-month net income $2.9M ($0.34/sh) vs $7.8M net loss year ago; benefited from absence of $5.4M charitable contribution and merger costs.
- Net loans $780.8M (+6.7% from June 30, 2024); total assets $1.07B; deposits $835.6M (+3.5%).
- Net interest margin fell 49bps to 2.82% for Q3; net interest income down 13.1% YoY to $7.2M.
- No non-performing loans at March 31, 2025; allowance for credit losses at 0.65% of loans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1951276/000095017025060999/0000950170-25-060999-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1951276/000095017025060999/srbk-20250430.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-060999

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