CFSB Bancorp Inc

NASDAQ:CFSBUnited States

Oct 29, 2024

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• CFSB BANCORP, INC. ANNOUNCES FISCAL FIRST QUARTER 2025 FINANCIAL RESULTS, from 4:30PM ET on Tuesday Oct 29, 2024 by PR Newswire

  4:30PM ET on Tuesday Oct 29, 2024 by PR Newswire
  Companies Mentioned: CFSB

  CFSB Bancorp, Inc. (the "Company") (NASDAQ Capital Market: CFSB), the holding company for Colonial Federal Savings Bank (the "Bank"), announced a net loss of $6,000, or $0.00 per basic and diluted share, for the three months ended September 30, 2024 compared to net income of $123,000, or $0.02 per basic and diluted share, for the three months ended September 30, 2023 and net income of $160,000, or $0.03 per basic and diluted share, for the three months ended June 30, 2024.

• CFSB BANCORP, INC. ANNOUNCES FISCAL FIRST QUARTER 2025 FINANCIAL RESULTS, from 4:30PM ET on Tuesday Oct 29, 2024 by Dow Jones

  4:30PM ET on Tuesday Oct 29, 2024 by Dow Jones
  Companies Mentioned: CFSB
  Money market deposits 22,365 14 0.25% 22,332 13 0.23% 26,271 17 0.26% Certificates of deposit 133,142 1,425 4.28% 129,340 1,358 4.20% 111,812 839 3.00% --------- ------ --------- ------ --------- ------ Total interest-bearing deposits 239,264 1,457 2.44% 236,308 1,389 2.35% 230,441 876 1.52% FHLB advances 10,350 119 4.60% 10,350 118 4.56% 3,571 50 5.60% --------- ------ --------- ------ --------- ------ Total interest-bearing liabilities 249,614 1,576 2.53% 246,658 1,507 2.44% 234,012 926 1.58% --------- ------ --------- ------ --------- ------ Non-interest-bearing liabilities: Non-interest-bearing demand deposits 31,748 29,790 30,971 Other non-interest-bearing liabilities 5,809 6,011 5,740 --------- --------- --------- Total liabilities 287,171 282,459 270,723 --------- --------- --------- Total stockholders' equity 76,009 75,805 75,711 --------- --------- --------- Total liabilities and stockholders' equity $ 363,180 $ 358,264 $ 346,434 ========= ========= ========= Net interest income $ 1,663 $ 1,643 $ 1,832 ====== ====== ====== Net interest rate spread(2) 1.21% 1.25% 1.77% Net interest-earning assets(3) $ 96,396 $ 94,547 $ 95,767 ========= ========= ========= Net interest margin(4) 1.92% 1.93% 2.22% Cost of deposits(5) 2.15% 2.09% 1.34% Cost of funds(6) 2.24% 2.18% 1.40% Ratio of interest-earning assets to interest-bearing liabilities 138.62% 138.33% 140.92% ========= ========= =========
  

• Press Release: CFSB BANCORP, INC. ANNOUNCES FISCAL FIRST QUARTER 2025 FINANCIAL RESULTS, from 4:30PM ET on Tuesday Oct 29, 2024 by Dow Jones

  4:30PM ET on Tuesday Oct 29, 2024 by Dow Jones
  Companies Mentioned: CFSB