Kentucky First Federal Bancorp reported net income of $344,000 for the quarter ended September 30, 2025, compared to a net loss of $15,000 in 2024, an increase of $359,000. This was due to higher net interest income and non-interest income, with interest income increasing by $432,000.

The company’s assets totaled $366.5 million at September 30, 2025, a decrease of $4.7 million from June 30, 2025. Total liabilities decreased to $317.7 million, with total deposits decreasing to $271.4 million. Shareholders’ equity increased to $48.8 million, with a book value per share of $6.03.

Non-interest expense increased due to higher expenses associated with outside service fees and data processing expense. Assets decreased primarily due to a decrease in cash and cash equivalents, as the company purchased additional investment securities. The increase in shareholders’ equity was associated with net earnings for the quarter.

The company’s average rate earned on interest-earning assets increased to 5.59%, primarily due to an increase in the interest rate earned on loans. Interest income increased to $5.1 million, while interest expense decreased to $2.5 million for the quarter. Non-interest income also increased to $153,000 due to gains on sales of loans.

Kentucky First Federal Bancorp operates banking offices in Hazard, Frankfort, Danville, and Lancaster, Kentucky. They reported no provision for credit loss for the quarter and an increase in income tax expense. The company’s shares are traded on the Nasdaq National Market under the symbol KFFB.

Read more at GlobeNewswire: Kentucky First Federal Bancorp Releases Earnings