SR Bancorp Q1 net income up 54.1% to $1.1M ($0.15/sh); loans +5.1% and deposits +5.7% from June 30

SR Bancorp, Inc.

Net income $1.1M, or $0.15 per basic and diluted share, vs $693K ($0.09) a year earlier; excluding $47K net accretion income, net income would have been $1.0M.
Net interest income rose 9.3% to $8.3M; net interest margin slipped 2 bp to 3.03% while the net interest rate spread edged up 1 bp to 2.57%.
Total assets $1.22B (+2.0% from June 30); net loans $947.4M (+5.1%) on $32.3M commercial and $13.9M residential growth; deposits $979.2M (+5.7%).
Raised $50.0M of brokered CDs in the quarter and cut borrowings to $35.0M from $65.0M; uninsured deposits were $193.9M, or 19.8% of total.
Provision for credit losses $177K with no charge-offs or non-performing loans; ACL 0.64% of loans; repurchased 17,127 shares for $328K.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.