Revenue: As of FY2026 Q2, the actual value is USD 5.354 M.EPS: As of FY2026 Q2, the actual value is USD 0.04.EBIT: As of FY2026 Q2, the actual value is USD -2.255 M.Kentucky First Federal Bancorp operates as a single reportable operating segment, aggregating its financial service operations.<h4>Operational Metrics</h4><ul><li>Net Income (Loss): For the six months ended December 31, 2025, net income was $648,000, a significant increase from a net loss of - $2,000 for the same period in 2024. For the three months ended December 31, 2025, net income was $304,000, up from $13,000 for the same period in 2024.</li><li>Income (Loss) Before Income Taxes: For the six months ended December 31, 2025, income before income taxes was $854,000, compared to - $15,000 for the same period in 2024. For the three months ended December 31, 2025, income before income taxes was $401,000, compared to $6,000 for the same period in 2024.</li><li>Total Non-interest Expense: Total non-interest expense increased by $412,000, or 9.8%, to $4.6 million for the six months ended December 31, 2025, compared to the prior year period. For the three months ended December 31, 2025, it increased by $220,000, or 10.0%, to $2.4 million.<ul><li>Employee Compensation and Benefits: Increased by $119,000, or 5.0%, for the six months ended December 31, 2025, reaching $2.515 million.</li><li>Data Processing: Increased by $180,000, or 66.4%, for the six months ended December 31, 2025, reaching $451,000.</li><li>Outside Service Fees: Increased by $169,000, or 75.1%, for the six months ended December 31, 2025, reaching $394,000.</li></ul></li><li>Provision for Credit Losses: A provision of $10,000 was made for the six months ended December 31, 2025, compared to $15,000 for the same period in 2024. A provision of $10,000 was also made for the three months ended December 31, 2025, compared to - $0- for the same period in 2024.</li></ul><h4>Revenue Categories</h4><ul><li>Total Interest Income: Increased $825,000, or 8.8%, to $10.228 million for the six months ended December 31, 2025, primarily due to a 48 basis point increase in the average rate earned on interest-earning assets to 5.65%. For the three months ended December 31, 2025, it increased $392,000, or 8.2%, to $5.176 million.</li><li>Total Non-interest Income: Increased $23,000, or 7.5%, to $331,000 for the six months ended December 31, 2025, mainly due to a $25,000, or 17.7%, increase in net gains from the sale of loans. For the three months ended December 31, 2025, it increased $7,000, or 4.1%, to $178,000.</li></ul><h4>Cash Flow</h4><ul><li>Net Cash Provided by Operating Activities: $147,000 for the six months ended December 31, 2025, compared to $40,000 for the same period in 2024.</li><li>Net Cash Used in Investing Activities: - $3.660 million for the six months ended December 31, 2025, compared to $3.632 million provided by investing activities for the same period in 2024.</li><li>Net Cash Provided by Financing Activities: $3.705 million for the six months ended December 31, 2025, compared to - $983,000 used in financing activities for the same period in 2024.</li><li>Net Increase in Cash and Cash Equivalents: $192,000 for the six months ended December 31, 2025, compared to $2.689 million for the same period in 2024.</li></ul><h4>Unique Metrics</h4><ul><li>Total Assets: $375.3 million at December 31, 2025, an increase of $4.1 million, or 1.1%, from June 30, 2025.</li><li>Total Liabilities: Increased $3.3 million, or 1.0%, to $326.2 million at December 31, 2025.</li><li>Shareholders’ Equity: Totaled $49.1 million at December 31, 2025, an increase of $732,000, or 1.5%, from June 30, 2025.</li><li>Accumulated Other Comprehensive Loss: Decreased by $84,000, or 57.9%, from a loss of - $145,000 at June 30, 2025, to a loss of - $61,000 at December 31, 2025.</li><li>Loans, Net and Loans Held-for-Sale (Aggregate): Increased $2.3 million, or 0.8%, to $330.5 million at December 31, 2025.</li><li>Non-performing Loans: Decreased to $2.4 million, or 0.7% of total loans, at December 31, 2025, from $3.9 million, or 1.2%, at June 30, 2025.</li><li>Allowance for Credit Losses (ACL): Remained at $2.2 million at both December 31, 2025, and June 30, 2025. The ACL represented 92.7% of nonperforming loans at December 31, 2025, up from 54.1% at June 30, 2025.</li><li>Classified Assets (Substandard): $6.3 million at December 31, 2025, compared to $6.086 million at June 30, 2025.</li><li>Deposits: Totaled $273.194 million at December 31, 2025, with savings decreasing by $5.1 million (10.5%) and demand deposit accounts increasing by $874,000 (3.0%). Certificates of deposit decreased by $123,000 (0.1%).</li><li>Federal Home Loan Bank Advances: Increased $8.7 million, or 20.3%, to $51.4 million at December 31, 2025.</li><li>Net Interest Spread: Increased from 1.63% in the six months ended December 31, 2024, to 2.37% in the six months ended December 31, 2025. For the three months ended December 31, 2025, it increased from 1.75% to 2.45%.</li><li>Net Interest Margin: Increased from 2.15% in the six months ended December 31, 2024, to 2.85% in the six months ended December 31, 2025. For the three months ended December 31, 2025, it increased from 2.25% to 2.94%.</li><li>First Federal of Kentucky Capital Ratios (as of December 31, 2025): Common equity tier 1 capital ratio was 13.99%, tier 1 capital ratio was 13.99%, total capital ratio was 14.76%, and leverage ratio was 10.37%. These ratios all exceeded the individual minimum capital requirements (IMCRs) of 9.0%, 11.0%, 12.0%, and 9.0% respectively, imposed by the OCC.</li></ul><h4>Future Outlook and Strategy</h4>Kentucky First Federal Bancorp’s indirect wholly-owned bank subsidiary, First Federal Savings Bank of Kentucky, is operating under a formal written agreement with the OCC, effective August 13, 2024. This agreement mandates the establishment of objectives for its overall risk profile, balance sheet mix, funding structure, interest rate risk, liquidity, capital adequacy, earnings performance, and asset and core deposit growth through a revised three-year strategic plan, along with adopting revised risk management programs. Management is committed to fully addressing the agreement’s provisions, and the company has indefinitely suspended quarterly dividends, with future payments contingent on regulatory approvals and the ability to increase earnings and core deposits while reducing reliance on higher-cost funding sources.

Kentucky First Federal Bancorp | 10-Q: FY2026 Q2 Revenue: USD 5.354 M