Consumers Bancorp Q1 FY2027 Net Income Rises to $3.04M

Consumers Bancorp Reports Loan Growth and Securities Losses in September 2026 Quarter

According to the filing, Consumers Bancorp reported total interest and dividend income of $16,147 thousand for the three months ended September 30, 2026, up from $14,392 thousand in the same period of 2025. Loan interest income, including fees, increased to $13,977 thousand from $12,086 thousand year-over-year. Total interest expense was $5,366 thousand for the quarter, compared to $4,847 thousand a year earlier, resulting in net interest income of $10,781 thousand. The company recorded a provision for credit losses on loans of $415 thousand and a provision for credit losses on unfunded commitments of $10 thousand.

Total noninterest income was $1,585 thousand for the quarter, the filing disclosed, including service charges on deposit accounts of $451 thousand, debit card interchange income of $697 thousand, and net securities losses of $12 thousand. Total noninterest expenses rose to $8,345 thousand from $7,618 thousand in the prior-year period, with salaries and employee benefits increasing to $4,840 thousand from $4,233 thousand. Income before income taxes was $3,596 thousand, and income tax expense was $558 thousand, resulting in net income of $3,038 thousand.

On the balance sheet, total deposits increased to $1,145,684 thousand at September 30, 2026, from $1,120,962 thousand at June 30, 2026. Total shareholders' equity declined to $82,358 thousand from $89,885 thousand at June 30, 2026, primarily due to an increase in accumulated other comprehensive loss to $27,816 thousand, reflecting unrealized losses on securities available-for-sale. The filing noted 3,161,071 shares of common stock outstanding as of November 9, 2026. The securities registered section of the filing lists no exchange-listed securities, with the trading symbol field showing "None."

What Was Disclosed

Consumers Bancorp filed its quarterly report for the period ended September 30, 2026, disclosing net income of $3,038 thousand, total assets of $1,293,821 thousand, a cash dividend of $0.22 per share, and a comprehensive loss driven by unrealized losses on available-for-sale securities.