SR BANCORP, INC. ANNOUNCES QUARTERLY FINANCIAL RESULTS [Yahoo! Finance]
SR Bancorp, Inc. (SRBK)
Company Research
Source: Yahoo! Finance
Bank (the "Bank"), announced today net income of $1.6 million for the three months ended December 31, 2023 (unaudited), compared to a net loss of $10.5 million for the three months ended September 30, 2023 (unaudited). Excluding of costs related to the acquisition of Regal Bancorp and its wholly-owned subsidiary Regal Bank, which is described in greater detail below, offset by $1.4 million of net accretion income related to fair value adjustments, net income would have been for the three months ended December 31, 2023 . Excluding $3.9 million of merger-related costs, a $4.2 million provision for credit losses related to the Merger and a $5.4 million charitable contribution, offset by of net accretion income related to fair value adjustments, net income would have been for the three months ended September 30, 2023 The financial information contained in this earnings release as of and for the periods ended December 31, 2023 and September 30, 2023 is for SR Bancorp and Somerset Regal B
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Sec Filings
- 5/1/24 - Form 8-K
- 4/26/24 - Form 8-K
- 2/16/24 - Form 4
- SRBK's page on the SEC website