SR Bancorp (SRBK) investor relations material

Executive summary

• Net income for the quarter rose 65% year-over-year to $886,000, while nine-month net income declined 17.5% to $2.4 million due to lower accretion income from a prior acquisition.

• Total assets increased 5.4% to $1.14 billion since June 30, 2025, driven by strong loan growth and higher deposits.

• The company remains well-capitalized and reported no non-performing assets or loan modifications.

Financial highlights

• Quarterly net interest income increased 8.8% year-over-year to $7.8 million; net interest margin improved to 3.00%.

• Interest income for the quarter grew 8.6% to $12.5 million, while interest expense rose 8.4% to $4.7 million.

• Noninterest income was flat at $545,000 for the quarter; noninterest expense rose 0.6% to $7.1 million.

• Allowance for credit losses was 0.66% of total loans at quarter-end, with no charge-offs or non-performing loans.

Outlook and guidance

• Management expects continued loan growth, especially in commercial lending, and plans to remain competitive on deposit rates.

• Interest rate risk is actively managed; a 200 basis point rate increase would reduce economic value of equity by 15.25%.

• The company believes it has sufficient liquidity and capital to meet future obligations.