Press Release: Kentucky First Federal Bancorp Reports Earnings

Dow Jones
02-12
 share                                             $      5.94   $     5.94 
                                                    ==========    ========= 
Tangible book value 
 per share                                         $      5.94   $     5.94 
                                                    ==========    ========= 
 
Condensed Consolidated Statements of 
Income (Loss) 
(In thousands, 
except share data) 
 
                      Six months ended December    Three months ended December 
                                 31,                           31, 
                            2024                       2024 
                         (Unaudited)        2023    (Unaudited)        2023 
                         -----------   ---------    -----------   --------- 
Interest Income       $       9,403   $    7,661   $     4,784   $    3,927 
Interest Expense              5,496        4,333         2,746        2,270 
                         ----------    ---------    ----------    --------- 
Net Interest Income           3,907        3,328         2,038        1,657 
Provision for 
 Credit Losses                   15           15             -            9 
Non-interest Income             308          121           171           46 
Non-interest 
 Expense                      4,215        4,132         2,203        2,149 
                         ----------    ---------    ----------    --------- 
Income (Loss) 
 Before Income 
 Taxes                          (15)        (698)            6         (455) 
Income Taxes                    (13)        (162)           (7)         (94) 
                         ----------    ---------    ----------    --------- 
Net Income (Loss)     $          (2)  $     (536)  $        13   $     (361) 
                         ==========    =========    ==========    ========= 
Earnings per share: 
Basic and Diluted     $       (0.00)  $    (0.07)  $      0.00   $    (0.05) 
                         ==========    =========    ==========    ========= 
Weighted average 
outstanding 
shares: 
Basic and Diluted         8,098,715    8,098,715     8,098,715    8,098,715 
                         ==========    =========    ==========    ========= 
 
 
Contact: Don Jennings, President, or Tyler Eades, 
Vice President 
      (502) 223-1638 
      216 West Main Street 
      P.O. Box 535 
      Frankfort, KY 40602 
 

(END) Dow Jones Newswires

February 11, 2025 15:11 ET (20:11 GMT)

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