EWSB Bancorp, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 12, 2026, reporting unaudited financial results for the three and nine months ended that date.

Key Highlights

  • Net loss of $113,655 for the three months ended September 30, 2026, compared to a net loss in the same prior-year quarter that also reflected a $3,176,877 income tax provision.
  • Total assets of $258,199,985 as of September 30, 2026, down from $270,969,326 at December 31, 2025, according to the filing.
  • Net interest income rose to $1,369,685 for the third quarter of 2026, compared to $1,224,170 in the third quarter of 2025, as reported in the filing.
  • Shares outstanding increased to 1,014,220 common shares as of November 12, 2026, from 752,538 at December 31, 2025, the filing disclosed.
  • Preferred stock newly issued: 88,318 preferred shares ($0.01 par value) were outstanding as of September 30, 2026, compared to zero at December 31, 2025.
  • Borrowed funds declined sharply to $12,214,087 at September 30, 2026, from $38,368,820 at December 31, 2025, according to the balance sheet.
  • Total stockholders' equity increased to $15,529,269 at September 30, 2026, from $13,217,926 at December 31, 2025, the filing stated.

EWSB Bancorp's Third-Quarter 2026 Financial Position and Operating Results

EWSB Bancorp, Inc. (OTCQB:EWSB), a Maryland-incorporated bank holding company headquartered at 109 West Second Street, Kaukauna, Wisconsin, reported a net loss of $113,655 for the three months ended September 30, 2026, according to its quarterly filing. For the nine months ended September 30, 2026, the company reported a pre-tax loss of $792,959, with no income tax provision or benefit recorded in either the three-month or nine-month periods of 2026. This contrasts with the nine months ended September 30, 2025, when the company recorded a provision for income taxes of $2,803,316.

The filing showed total interest and dividend income of $2,731,155 for the third quarter of 2026, down from $2,856,412 in the same period of 2025. Total interest expense fell to $1,361,470 from $1,632,242 over the same comparison, with borrowed-funds interest expense declining to $140,076 from $473,881. Total noninterest income was essentially flat at $433,144 for the third quarter of 2026 versus $432,055 a year earlier, though year-to-date gain on sale of mortgage loans increased to $404,612 from $204,175. Total noninterest expense for the quarter was $1,873,872, up from $1,803,426 in the prior-year quarter, driven in part by higher FDIC insurance premiums ($112,140 versus $93,613) and data processing costs ($299,574 versus $224,982).

On the balance sheet, net loans stood at $187,117,118 as of September 30, 2026, net of an allowance of $1,130,241, compared to $189,415,521 net of $1,142,629 at December 31, 2025. Total deposits grew to $226,604,271 from $217,250,548 over the same period, while accumulated other comprehensive loss widened slightly to $(5,206,583) from $(5,108,963). The company is classified as a non-accelerated filer, smaller reporting company, and emerging growth company, as indicated on the filing's cover page.

What Was Disclosed

EWSB Bancorp filed its quarterly report covering the period ended September 30, 2026, disclosing a net loss of $113,655 for the quarter, a rise in net interest income, growth in total deposits, a significant reduction in borrowed funds, and the issuance of preferred stock during the period.