secwatch.observer — SEC 8-K summary
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Issuer:     CONSUMERS BANCORP INC /OH/ (CBKM)
CIK:        0001006830
Form:       8-K
Filed at:   2024-10-21T23:59:59+00:00
Accession:  0001437749-24-031589
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Consumers Bancorp Q1 net income $2.2M, EPS $0.72; loans up 3.9% annualized
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- Net income of $2.2M ($0.72 EPS) up 6.3% sequentially but down from $0.78 a year ago.
- Net interest margin narrowed to 2.92% from 3.09% YoY; cost of funds rose to 2.56%.
- Total loans increased $7.4M (annualized 3.9%); deposits up $25.9M (annualized 10.7%).
- Non-performing loans 0.07% of total loans ex-government guarantees; ACL stable at 1.04%.
- Shareholders' equity rose $9.6M to $73.3M, helped by $7.8M reduction in AOCI loss.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1006830/000143774924031589/0001437749-24-031589-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1006830/000143774924031589/cbkm20241021_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-031589

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