Consumers Bancorp Q4 net income up 41.5% to $2.8M; record FY net income $11.2M

CONSUMERS BANCORP INC /OH/

2022-FY EPS reported $3.68 revenue$3,864,000

Q4 net income $2.8M ($0.91 EPS) vs $2.0M ($0.65 EPS) a year ago, +41.5%.
FY2022 record net income $11.2M ($3.68 EPS), up 24.5% from $9.0M ($2.98 EPS) in FY2021.
Total loans grew 8.0% YoY; core loans (ex-PPP and acquired) up 15.7% (+$81.2M).
Deposits increased 22.0% (+$159.7M) including $104.5M from CFBank branch acquisition completed July 2021.
Non-performing loans low at 0.07% of total loans; ALLL at 1.17% with net charge-offs of $46K for FY.

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