{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-126505","form_type":"8-K","ticker":"SRBK","cik":"0001951276","company_name":"SR Bancorp, Inc.","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.294056+00:00","generated_at":"2026-06-03T03:18:28.476942+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"SR Bancorp posts Q3 net income $1.1M, adjusted net income drops to $258K on merger costs","bullets":["Net income $1.1M for quarter ended March 31, 2024, down 33.9% from $1.6M prior quarter; adjusted net income was $258K.","Total assets $1.05B at March 31, 2024, up 61.6% from June 30, 2023 due to Regal Bancorp acquisition.","Net loans $698.9M (+92.9%) and deposits $838.0M (+66.3%) driven by merger; no outstanding borrowings.","Net interest margin narrowed 21 bps QoQ to 3.31%; net interest income fell 8.3% to $8.3M.","Two branches closed Jan/Mar 2024; $200K in additional data processing costs expected in next quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-126505","json":"https://secwatch.observer/filing/0001193125-24-126505.json","markdown":"https://secwatch.observer/filing/0001193125-24-126505.md","text":"https://secwatch.observer/filing/0001193125-24-126505.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1951276/000119312524126505/0001193125-24-126505-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1951276/000119312524126505/d790373d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T03:18:28.476942+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fa2c75df15f7846c952862e6b53768bc0165964e","claim":"SR Bancorp, Inc. reported the three months ended March 31, 2024 results: net income $1.1 million.","evidence_excerpt":"SR BANCORP, INC. (the “Company”) (NASDAQ: SRBK), the holding company for Somerset Regal Bank (the “Bank”), announced net income of $1.1 million for the three months ended March 31, 2024 (unaudited)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1951276/000119312524126505/0001193125-24-126505-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Net income","value":"$1.1 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}