0001213900-26-016540
SEC filingKentucky First Federal Bancorp reported net income of $304K for Q2 2026 (period ending December 31, 2025), driven by net interest income of $2.7M and total non-interest income of $178K. Total interest income was $5.2M, primarily from loans ($4.9M), while total interest expense was $2.5M, mainly from deposits ($2.0M) and borrowings ($503K). Non-interest expense totaled $2.4M, with employee compensation and benefits ($1.3M) being the largest component. The company ended the period with total assets of $375.3M, total liabilities of $326.2M, and shareholders' equity of $49.1M. Net cash provided by operating activities was $147K, while investing activities used $3.7M primarily for securities purchases and loan originations, and financing activities provided $3.7M mainly from Federal Home Loan Bank advances. No prior period comparison data is provided in the filing for QoQ analysis.
Kentucky First Federal Bancorp reported net income of $304K for the quarter ending December 31, 2025 (Q2 2026). The company generated total interest income of $5.2M, with loans including fees contributing $4.9M (94% of interest income). Interest expense totaled $2.5M, resulting in net interest income of $2.7M. After a provision for credit losses of $10K, net interest income after provision was $2.6M. Non-interest income added $178K, primarily from net gain on sales of loans ($101K) and earnings on bank-owned life insurance ($22K). Non-interest expense totaled $2.4M, with employee compensation and benefits ($1.3M) representing the largest expense category. Income before taxes was $401K, with income tax expense of $97K. No prior quarter comparison figures are provided in the filing for QoQ analysis.
The company's revenue is primarily interest-based, with total interest income of $5.2M for the quarter. Loans including fees generated $4.9M, mortgage-backed securities contributed $107K, and interest-bearing deposits and other added $185K. Non-interest revenue totaled $178K, consisting of earnings on bank-owned life insurance ($22K), net gain on sales of loans ($101K), net gain on sales of real estate owned ($5K), and other income ($55K). The filing does not disclose segment breakdowns, geographic mix, or specific growth drivers beyond these aggregate figures. All revenue figures are presented for the current quarter only without comparative prior period data.
The company's net interest margin can be inferred from the relationship between net interest income ($2.7M) and interest-earning assets, though specific margin percentages are not disclosed in the filing. Operating margin is not explicitly stated, but operating income (equivalent to income before taxes in this context) was $401K on total revenue of approximately $5.38M (interest income plus non-interest income), suggesting an operating margin of approximately 7.5%. The cost structure shows non-interest expense of $2.4M, with the largest components being employee compensation and benefits ($1.3M), outside service fees ($234K), and data processing ($225K). No comparative margin data from prior periods is provided.
Net cash provided by operating activities was $147K, driven by net income of $304K adjusted for various non-cash items including depreciation ($96K), amortization of deferred loan origination fees ($99K), and provision for credit losses ($10K). Investing activities used $3.7M primarily for purchase of securities available for sale ($2.4M) and loans originated for investment ($2.5M net). Financing activities provided $3.7M mainly from Federal Home Loan Bank advances ($27.1M proceeds less $18.4M repayments), partially offset by net change in deposits (-$4.4M). The balance sheet shows total assets of $375.3M, with loans net of allowance ($329.8M) representing 88% of assets. Total liabilities were $326.2M, including deposits of $273.2M and Federal Home Loan Bank advances of $51.4M. Shareholders' equity was $49.1M, resulting in an equity-to-assets ratio of 13.1%.
The filing does not contain management guidance, forward-looking statements, strategic priorities, or specific risk factor discussions that would typically appear in the Management's Discussion and Analysis section. As a 10-Q filing, it primarily presents financial statements and notes without the comprehensive outlook information found in annual reports. Investors should review subsequent filings and earnings releases for updated guidance and strategic direction from management. The current filing focuses exclusively on historical financial results for the quarter ending December 31, 2025.