Marathon Bancorp, Inc. /MD/
For the period ended Jun 30, 2026. Filed Sep 16, 2026.
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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 Income
For the Years ended June 30, 2026 and 2025
| | | | | | | |
|---|---|---|---|---|---|---|
| · · June 30, | ||||||
| · · 2026 · · 2025 | ||||||
| Interest Income: | | | | | | |
| Loans, including fees | | $11,082,152 | | $8,648,835 | ||
| Debt securities | | 150,721 | | 168,587 | ||
| Other | | 668,489 | | 733,458 | ||
| Total interest income | | 11,901,362 | | 9,550,880 | ||
| Interest Expense: | | | | | | |
| Deposits | | 2,985,416 | | 3,039,593 | ||
| Borrowings and other | | 710,834 | | 468,706 | ||
| Total interest expense | | 3,696,250 | | 3,508,299 | ||
| Net Interest Income | | 8,205,112 | | 6,042,581 | ||
| Provision for (Recovery of) Credit Losses | | 35,456 | | (93,833) | ||
| Net Interest Income After Provision for (Recovery of) Credit Losses | | 8,169,656 | | 6,136,414 | ||
| Non-Interest Income: | | | | | ||
| Service charges on deposit accounts | | 122,940 | | 114,155 | ||
| Mortgage banking income | | 299,126 | | 291,416 | ||
| Increase in cash surrender value of life insurance | | 284,308 | | 269,888 | ||
| Other non-interest income | | 121,645 | | 73,461 | ||
| Total non-interest income | | 828,019 | | 748,920 | ||
| Non-Interest Expenses: | | | | | ||
| Salaries and employee benefits | | 3,885,513 | | 3,645,754 | ||
| Occupancy and equipment expenses | | 890,974 | | 915,109 | ||
| Data processing and office | | 315,123 | | 450,058 | ||
| Professional fees | | 855,545 | | 700,730 | ||
| Marketing expenses | | 69,927 | | 42,183 | ||
| FDIC insurance premiums | | | 105,619 | | | 95,799 |
| Directors fees | | | 108,235 | | | 108,235 |
| Foreclosed assets, net | | | 56,450 | | | 429,128 |
| Other non-interest expenses | | 578,160 | | 487,448 | ||
| Total non-interest expenses | | 6,865,546 | | 6,874,444 | ||
| Income Before Provision for (Benefit From) Income Taxes | | 2,132,129 | | 10,890 | ||
| Provision For (Benefit From) Income Taxes | | 340,958 | | (31,555) | ||
| Net Income | | $1,791,171 | | $42,445 | ||
| | | | | | | |
| Net income per common share-basic | | | $ 0.67 | | | $ 0.02 |
| Net income per common share-diluted | | | $ 0.66 | | | $ 0.02 |
| Weighted average number of common shares outstanding-basic | | | 2,692,265 | | | 2,763,875 |
| Weighted average number of common shares outstanding-diluted | | | 2,729,129 | | | 2,763,875 |
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