| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Loans | 1,935,261 | 1,835,976 | ||
| Investment securities | 280,471 | 295,811 | ||
| Interest-bearing deposits and other | 295,811 | 329,660 | ||
| Total interest income | 2,511,543 | 2,461,447 | ||
| Deposits | 541,585 | 547,016 | ||
| Federal home loan bank advances | 13 | 0 | ||
| Total interest expense | 541,598 | 547,016 | ||
| Net interest income | 1,969,945 | 1,914,431 | ||
| Provision for credit losses | 0 | 8,750 | ||
| Net interest income after provision for credit losses | 1,969,945 | 1,905,681 | ||
| Service fees on deposits | 239,576 | 258,599 | ||
| Debit card fees | 97,564 | 102,550 | ||
| Mortgage loan servicing fees, net | 28,164 | 26,453 | ||
| Gain on sale of loans | 39,069 | 37,085 | ||
| Other noninterest income | 88,969 | 76,456 | ||
| Total noninterest income | 493,342 | 501,143 | ||
| Salaries and employee benefits | 1,263,593 | 1,116,091 | ||
| Occupancy and equipment | 130,076 | 150,412 | ||
| Data processing fees | 189,488 | 145,610 | ||
| Fdic insurance premiums | 18,000 | 26,500 | ||
| Advertising | 45,884 | 50,623 | ||
| Directors fees | 24,101 | 24,099 | ||
| Debit card expense | 17,461 | 25,020 | ||
| Professional fees | 191,367 | 188,452 | ||
| Telephone and internet | 34,479 | 36,454 | ||
| Other | 150,271 | 175,144 | ||
| Total noninterest expense | 2,064,720 | 1,938,405 | ||
| Income before income taxes | 398,567 | 468,419 | ||
| Provision for income taxes | 117,510 | 118,871 | ||
| Net income | 281,057 | 349,548 | ||
| Earnings per share, diluted | 0.34 | - | ||
| Earnings per shares- basic | 0.34 | - | ||
| Weighted-average common shares outstanding | 828,129 | - | ||
Security Midwest Bancorp, Inc. (SBMW)
Security Midwest Bancorp, Inc. (SBMW)