---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-029158"
form_type: "8-K"
ticker: "CBKM"
cik: "0001006830"
company_name: "CONSUMERS BANCORP INC /OH/"
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T06:36:51.846528+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Consumers Bancorp Q1 net income down 4.9% to $2.4M; EPS $0.78 vs $0.83 YoY; NIM narrows to 3.09%

## Summary
- Net income $2.4M ($0.78/diluted share), down 4.9% from $2.5M ($0.83) YoY.
- Net interest margin compressed to 3.09% from 3.48% YoY; cost of funds rose to 1.91% from 0.40%.
- Total loans increased $7.6M (annualized 4.3%) and deposits grew $8.8M (annualized 3.7%) during the quarter.
- Non-performing loans remained low at 0.04% of total loans; allowance for credit losses at 1.08%.
- Accumulated other comprehensive loss increased to $37.7M due to mark-to-market of securities from rising rates.

## SEC filing metadata
- accession: 0001437749-23-029158
- form_type: 8-K
- ticker: CBKM
- cik: 0001006830
- company_name: CONSUMERS BANCORP INC /OH/
- filed_at: 2023-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1006830/000143774923029158/0001437749-23-029158-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1006830/000143774923029158/cbkm20231026c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-029158
- JSON: https://secwatch.observer/filing/0001437749-23-029158.json
- Plain text: https://secwatch.observer/filing/0001437749-23-029158.txt

## Key facts
- Earnings Releases
  CONSUMERS BANCORP INC /OH/ reported first quarter of fiscal year 2024 results: net income $2.4 million, EPS $0.78.
  - Period: first quarter of fiscal year 2024
  - Net income: $2.4 million
  - EPS: $0.78
  - Result: reported results
  source text: Consumers Bancorp, Inc. (Consumers) today reported net income of $2.4 million for the first quarter of fiscal year 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1006830/000143774923029158/0001437749-23-029158-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.