secwatch.observer — SEC 8-K summary
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Issuer:     CONSUMERS BANCORP INC /OH/ (CBKM)
CIK:        0001006830
Form:       8-K
Filed at:   2024-04-18T23:59:59+00:00
Accession:  0001437749-24-012387
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Consumers Bancorp Q3 net income falls 22% to $2.1M; EPS $0.66 vs $0.86
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- Net interest margin narrowed to 2.92% from 3.27% a year ago; cost of funds rose to 2.35%.
- Total loans grew $7.4M in Q3 (annualized 3.4% for nine months); deposits up $22.6M.
- Non-performing loans remain low at 0.15% of total loans (0.07% net of government guarantees).
- Operating expenses increased 7.9% in Q3, driven by salaries, software, and FDIC assessment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1006830/000143774924012387/0001437749-24-012387-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1006830/000143774924012387/cbkm20240417_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-012387

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