Cullman Bancorp Inc. Reports Q1 2025 Results: Net Income Rises to $863K, Up from $714K in Q1 2024

Reuters
2025.04.28 19:24
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Cullman Bancorp Inc. reported a net income of $863,000 for Q1 2025, up from $714,000 in Q1 2024. Total interest income increased to $5.521 million, driven by higher loan income. Interest expense rose to $1.732 million, while noninterest income slightly increased to $409,000. Noninterest expenses also rose to $3.106 million. Total assets were $432.178 million, with total deposits at $280.777 million. Shareholders’ equity decreased to $99.641 million due to changes in capital and comprehensive loss.