secwatch.observer — SEC 8-K summary
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Issuer:     SR Bancorp, Inc. (SRBK)
CIK:        0001951276
Form:       8-K
Filed at:   2026-10-26T20:00:48+00:00
Accession:  0001437749-26-033517
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1951276/000143774926033517/0001437749-26-033517-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1951276/000143774926033517/srbk20260921c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-033517

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