Marathon Bancorp Inc MD

For the period ended Jun 30, 2024. Filed Sep 26, 2024.

About this filing

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.

FY2024 · Filed Sep 26, 2024

MBBC$14.18-2.0%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Comprehensive Income

Consolidated Statements of Comprehensive Income (Loss)


· · June 30,
· 2024 · 2023
Net Income (Loss)	$(186,994)	$1,672,070
Other comprehensive income (loss)
Unrealized gains (losses) on available for sale debt securities
Unrealized holding gains (losses) arising during the period	47,619	(556,318)
Tax effect	(10,008)	152,142
Net amount	37,611	(404,176)

Reclassification adjustment for gains included in net income (loss) (b)	—	(24,000)
Tax effect	—	6,538
Net amount	—	(17,462)
Reclassification adjustment for amortization of stranded tax effect from change in tax legislation (c)	(10,472)	—
Amortization of unrealized losses on debt securities transferred from available for sale to held to maturity (a)	4,930	5,810
Other comprehensive income (loss)	32,069	(415,828)
Comprehensive Income (Loss)	$(154,925)	$1,256,242

(a)	The reclassification adjustment is reflected in the Consolidated Statement of Income (Loss) as Interest Income - Debt Securities.

(b)	The reclassification adjustment is reflected in the Consolidated Statement of Income (Loss) as Net Gain on Securities Transactions.

(c)	The reclassification is included in the Consolidated Statements of Income (Loss) as Other Expenses.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.