Recent Updates — CBKM

Effective October 29, 2026, Frank Paden retired from the Board of Directors and as Chairman of Consumers Bancorp, Inc. due to mandatory retirement age policies. The Board elected current director Joseph Gerzina to succeed Paden as Chairman of both the Company and Consumers National Bank. At its Annual Meeting on October 29, shareholders ratified the election of three directors—Bradley Goris, Shawna L. L’Italien, and Laurie L. McClellan—and approved the ratification of Plante & Moran, PLLC as the independent registered public accounting firm for the fiscal year ending June 30, 2027. Consumers Bancorp operates in the banking industry, providing financial services through its subsidiary, Consumers National Bank.

Consumers Bancorp reported net income of $3.0 million for the first quarter ended September 30, 2026, an increase of 15.3% from the prior year period and $0.96 in earnings per share. Net interest income rose 12.9% to $10.8 million as the net interest margin expanded to 3.52%. Total loans grew by $30.8 million, an annualized 13.2%, while total deposits increased by $24.7 million. The company reported strong asset quality with non-performing loans at just 0.06% of the loan portfolio and minimal net charge-offs. Consumers Bancorp operates as a community bank providing banking and investment services through its branch network in northeast Ohio, western Pennsylvania, and northern West Virginia.

Consumers Bancorp, Inc. reported fourth-quarter fiscal 2026 results for the period ended June 30, 2026, showing net income of $3.0 million, or $0.94 per share, a 29.0% increase from the prior year quarter. For the twelve-month period, net income rose 28.8% to $11.2 million, or $3.55 per share. Net interest income grew 16.6% to $39.8 million for the year, driven by a 30-basis point expansion in net interest margin to 3.45%. Total loans increased by $124.1 million, or 15.3%, while total deposits rose $84.1 million, or 8.1%. Non-performing loans stood at 0.07% of total loans as of June 30, 2026. The company operates in the banking industry, providing commercial and retail financial services through its subsidiary Consumers National Bank.