secwatch.observer — SEC 8-K summary
======================================

Issuer:     SR Bancorp, Inc. (SRBK)
CIK:        0001951276
Form:       8-K
Filed at:   2025-10-30T23:59:59+00:00
Accession:  0001193125-25-258476
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SR Bancorp posts Q1 fiscal 2026 net income of $693K, down 49% YoY; EPS $0.09
----------------------------------------------------------------------------

- Net income $693K ($0.09 diluted EPS) vs $1.4M in prior-year quarter; adjusted net income $475K excluding $303K acquisition accretion.
- Total loans grew 3.7% to $826.4M led by residential mortgage ($12.5M) and commercial ($16.0M); deposits up 2.8% to $869.6M.
- Net interest margin compressed 16 bps to 3.05%; provision for credit losses of $171K vs recovery of $154K a year ago.
- Noninterest income fell 29.5% to $565K; noninterest expense rose 4% to $7.1M due to stock-based compensation.
- Company repurchased 198,310 shares for $2.9M during the quarter; no non-performing loans at Sep 30, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1951276/000119312525258476/0001193125-25-258476-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1951276/000119312525258476/srbk-20251030.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-258476

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer