secwatch.observer — SEC 8-K summary
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Issuer:     CONSUMERS BANCORP INC /OH/ (CBKM)
CIK:        0001006830
Form:       8-K
Filed at:   2024-01-19T23:59:59+00:00
Accession:  0001437749-24-001682
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Consumers Bancorp Q2 net income $2.0M ($0.65/sh) down 28.3% YoY; NIM 2.95%
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- Net income $2.0M ($0.65 EPS) for Q2, down 28.3% from $2.8M ($0.91) YoY.
- Net interest margin 2.95% vs 3.53% YoY; cost of funds rose to 2.17% from 0.72%.
- Loans grew $24.9M (annualized 7.0%) in H1; deposits fell $4.0M (0.8% annualized).
- Non-performing loans 0.15% of total loans, 0.07% ex-government guarantees; ACL 1.09%.
- Shareholders' equity rose $8.0M to $63.5M, driven by reduced AOCI loss and net income.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1006830/000143774924001682/0001437749-24-001682-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1006830/000143774924001682/cbkm20240118_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-001682

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