Marathon Bancorp, Inc. /MD/
For the period ended Jun 30, 2026. Filed Sep 16, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2026 · Filed Sep 16, 2026
MBBC$14.18-2.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Stockholders’ Equity
| | | | | | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · · · · · · · · · · · · · · · · Accumulated · · · | |||||||||||||||||||||
| · · · Common · · · · · Additional · · · · · Unearned · · Other · · · | |||||||||||||||||||||
| · · Stock · · Common · · Paid-in · · Retained · · ESOP · · Comprehensive · · · | |||||||||||||||||||||
| · · Shares · · Stock · · Capital · · Earnings · · Shares · · Loss · · Total | |||||||||||||||||||||
| Balance, July 1, 2024 | | | 2,938,362 | | $20,970 | | $7,254,534 | | $25,523,681 | | $(751,613) | | $(752,788) | | $31,294,784 | ||||||
| Corporate Reorganization: | | | — | | | — | | | — | | | — | | | — | | | — | | | — |
| Conversion of Marathon Bancorp, Inc. (net of costs of $1.7 million) | | | 9,950 | | | 8,061 | | | 15,202,295 | | | — | | | — | | | — | | | 15,210,356 |
| Purchase of 1,354,720 shares by the ESOP | | | — | | | — | | | — | | | — | | | (1,354,720) | | | — | | | (1,354,720) |
| Contribution of Marathon Bancorp, Inc. Mutual Bancshares | | | — | | | — | | | 100,000 | | | — | | | — | | | — | | | 100,000 |
| Net income | | | — | | | — | | | — | | | 42,445 | | | — | | | — | | | 42,445 |
| ESOP shares committed to be released (6,473 shares) | | | — | | | — | | | 2,411 | | — | | | 59,256 | | — | | 61,667 | |||
| Restricted stock forfeited (1,270 shares) | | | (1,270) | | | — | | | — | | | — | | | — | | | — | | | — |
| Exercise of stock options (1,749 shares) | | | 1,749 | | | 13 | | | 13,301 | | | — | | | — | | | — | | | 13,314 |
| Stock based compensation | | | — | | | — | | | 156,682 | | | — | | | — | | | — | | | 156,682 |
| Other comprehensive income | | | — | | | — | | | — | | | — | | | — | | | 266,858 | | | 266,858 |
| Purchase of employee restricted shares to fund statutory tax withholdings (3,229 shares) | | | (3,229) | | | (32) | | | (37,633) | | | — | | | — | | | — | | | (37,665) |
| Purchase and retirement of common stock shares (6,864 shares) | | | (6,864) | | | (50) | | | (44,450) | | | — | | | — | | | — | | | (44,500) |
| Balance, July 1, 2025 | | | 2,938,698 | | | 28,962 | | | 22,647,140 | | | 25,566,126 | | | (2,047,077) | | | (485,930) | | | 45,709,221 |
| Net income | | | — | | | — | | | — | | | 1,791,171 | | | — | | | — | | | 1,791,171 |
| ESOP shares committed to be released (9,452 shares) | | | — | | | — | | | 58,194 | | | — | | | 83,558 | | | — | | | 141,752 |
| Exercise of stock options (27,907 shares) | | | 27,907 | | | 279 | | | 208,771 | | | — | | | — | | | — | | | 209,050 |
| Restricted stock forfeited (480 shares) | | | (480) | | | — | | | — | | | — | | | — | | | — | | | — |
| Issuance of restricted stock awards (55,339) | | | 55,339 | | | — | | | — | | | — | | | — | | | — | | | — |
| Stock based compensation | | | 403 | | | — | | | 161,181 | | | — | | | — | | | — | | | 161,181 |
| Other comprehensive income | | | — | | | — | | | — | | | — | | | — | | | 68,458 | | | 68,458 |
| Purchase of employee restricted shares to fund statutory tax withholdings (3,396 shares) | | | (3,396) | | | (34) | | | (59,480) | | | — | | | — | | | — | | | (59,514) |
| Purchase and retirement of common stock shares (4,264 shares) | | | (4,264) | | | (43) | | $(64,079) | | | — | | | — | | | — | | | (64,122) | |
| Balance, June 30, 2026 | | | 3,014,207 | | $29,164 | | $22,951,727 | | $27,357,297 | | $(1,963,519) | $ | $(417,472) | | $47,957,197 | ||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.