| Balance Sheets | 2025-06-30 | |||
|---|---|---|---|---|
| Cash and due from banks | 1,691 | |||
| Short-term investments | 22,974 | |||
| Total cash and cash equivalents | 24,665 | |||
| Securities available for sale | 91 | |||
| Securities held to maturity, net of allowance for credit losses of 204 and 149, fair value of 136,435 and 133,420 at june 30, 2025 and june 30, 2024, respectively | 145,752 | |||
| Federal home loan bank stock, at cost | 704 | |||
| Loans, net of allowance for credit losses of 1,547 at june 30, 2025 and 1,553 at june 30, 2024 | 177,214 | |||
| Premises and equipment, gross | 5,155 | |||
| Less accumulated depreciation and amortization | 2,128 | |||
| Premises and equipment, net | 3,027 | |||
| Accrued interest receivable | 1,451 | |||
| Bank-owned life insurance | 10,956 | |||
| Deferred tax asset | 1,291 | |||
| Operating lease right of use asset | 764 | |||
| Other assets | 690 | |||
| Total assets | 366,605 | |||
| Non-interest bearing | 33,274 | |||
| Interest-bearing | 240,901 | |||
| Total deposits | 274,175 | |||
| Federal home loan bank of boston advances | 10,350 | |||
| Mortgagors' escrow accounts | 1,634 | |||
| Operating lease liability | 789 | |||
| Accrued expenses and other liabilities | 3,926 | |||
| Total liabilities | 290,874 | |||
| Preferred stock, .01 par value, 10,000,000 shares authorized, none outstanding | 0 | |||
| Common stock, .01 par value, 90,000,000 shares authorized, 6,548,575 issued and outstanding as of june 30, 2025 and 6,621,152 issued and outstanding as of june 30, 2024 | 65 | |||
| Additional paid-in capital | 28,476 | |||
| Treasury stock at cost, 84,067 and 11,490 shares at june 30, 2025 and 2024, respectively | 573 | |||
| Retained earnings | 49,961 | |||
| Accumulated other comprehensive income (loss) | 1 | |||
| Unearned compensation - esop, 219,856 and 230,084 shares unallocated at june 30, 2025 and june 30, 2024, respectively | 2,199 | |||
| Total stockholders' equity | 75,731 | |||
| Total liabilities and stockholders' equity | 366,605 | |||
CFSB Bancorp, Inc. MA (CFSB)
CFSB Bancorp, Inc. MA (CFSB)