secwatch.observer — SEC 8-K summary
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Issuer:     CONSUMERS BANCORP INC /OH/ (CBKM)
CIK:        0001006830
Form:       8-K
Filed at:   2023-01-25T23:59:59+00:00
Accession:  0001437749-23-001712
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Consumers Bancorp Q2 net income down 11% to $2.8M; EPS $0.91 vs $1.04
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- Net income $2.8M for Q2 FY2023, down $353K or 11.2% YoY; EPS $0.91 vs $1.04.
- Net interest margin 3.53% vs 3.77% YoY; cost of funds rose to 0.72% from 0.21%.
- Total loans increased $53.1M (annualized 17.4%) in H1; non-performing loans remain low at $47K (0.01%).
- Mortgage banking gains dropped 64% YTD; other expenses rose 8.0% due to salary and benefits increases.
- Six-month net income $5.3M ($1.74) vs $5.8M ($1.92) YoY; return on avg equity 21.01%, ROA 1.06%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1006830/000143774923001712/0001437749-23-001712-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1006830/000143774923001712/cbkm20230124_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-001712

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