Central Plains Bancshares Inc
For the period ended Dec 31, 2023. Filed Feb 13, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2023 · Filed Feb 13, 2024
CPBI$20.80+0.9%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
CONSOLIDATED STATEMENTS OF INCOME
| For the Three Months Ended December 31, | For the Nine Months Ended December 31, | |||
|---|---|---|---|---|
| 2023 | 2022 | 2023 | 2022 | |
| Interest and dividend income: | ||||
| Loans—including fees | $4,892 | $3,876 | $13,801 | $10,698 |
| Investment securities | 442 | 342 | 1,229 | 1,058 |
| FHLB stock | 7 | 13 | 21 | 25 |
| Federal funds sold | 101 | 6 | 190 | 71 |
| Total interest and dividend income | 5,442 | 4,237 | 15,241 | 11,852 |
| Interest expense: | ||||
| Deposits | 1,692 | 709 | 4,572 | 1,400 |
| Borrowings under Federal Home Loan Bank (FHLB) advances | 2 | 152 | 104 | 269 |
| Total interest expense | 1,694 | 861 | 4,676 | 1,669 |
| Net interest income before provision for credit losses | 3,748 | 3,376 | 10,565 | 10,183 |
| Provision for credit losses | 191 | 2,522 | 99 | 2,842 |
| Net interest income after provision for credit losses | 3,557 | 854 | 10,466 | 7,341 |
| Noninterest income: | ||||
| Servicing fees on loans | 66 | 55 | 228 | 198 |
| Service charges on deposit accounts | 194 | 164 | 579 | 490 |
| Interchange income | 286 | 279 | 885 | 837 |
| Gain on sale of loans | 60 | 9 | 173 | 90 |
| Gain from real estate owned and other repossessed assets, net | — | — | 4 | — |
| Other | 284 | 57 | 349 | 224 |
| Total noninterest income | 890 | 564 | 2,218 | 1,839 |
| Noninterest expense: | ||||
| Salaries and employee benefits | 1,903 | 1,381 | 5,091 | 4,478 |
| Occupancy and equipment | 251 | 276 | 752 | 772 |
| Data processing | 459 | 451 | 1,366 | 1,313 |
| Federal deposit insurance premiums | 63 | 43 | 211 | 119 |
| Debit card processing | 66 | 57 | 190 | 168 |
| Advertising | 80 | 96 | 238 | 262 |
| Other general and administrative expenses | 470 | 430 | 1,271 | 1,240 |
| Total noninterest expense | 3,292 | 2,734 | 9,119 | 8,352 |
| Income (loss) before income tax expense | 1,155 | (1,316) | 3,565 | 828 |
| Income tax expense (benefit) | 218 | (260) | 709 | 137 |
| Net income (loss) | $937 | $(1,056) | $2,856 | $691 |
| Basic and diluted earnings per share | $0.31 | n/a | n/a | n/a |
| Weighted average shares outstanding | 3,057,992 | n/a | n/a | n/a |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.