Consumers Bancorp, Inc. (CBKM) reported net income of $3.038 million for the first quarter of fiscal 2027, up $404 thousand, or 15.3%, year over year. Earnings per share were $0.96, compared with $0.84 a year earlier.
Net interest income was $10.781 million and net interest margin was 3.52%, compared with $9.545 million and 3.37% a year earlier. The company attributed the higher margin to a higher loan-to-deposit ratio, scheduled interest-rate resets, and reinvestment of cash flow into higher-yielding loans and investments. Loans increased $30.8 million, or 13.2% annualized, and deposits increased $24.7 million, or 8.8% annualized, from June 30 to September 30, 2026. Other income increased 7.9% year over year; other expenses increased 9.5% to $8.345 million.
Annualized net charge-offs were 0.01%, and total delinquency was 0.13%. New loans and commitments totaled $117.1 million. The Jackson Township branch will relocate in January 2027, and the Boardman office is expected to open in the third quarter of fiscal 2027.
Consumers Bancorp Inc. (CBKM) reports that David E. Benavides, SVP, Senior Loan Officer, had 129 restricted stock units settled into 129 common shares on September 28, 2026. He held 195 common shares directly following the transaction; that holding includes shares acquired through a dividend reinvestment plan.
Consumers Bancorp Inc. (CBKM) SVP, Chief People Officer Hillary A. Hudak reported settlement of 198 performance-based restricted stock units into 198 common shares on September 28, 2026. Her directly held common-stock balance after the transaction was 5,803 shares, including shares acquired through a dividend reinvestment plan.
Consumers Bancorp Inc. (CBKM) reported that Kimberly K. Chuckalovchak, SVP, Chief Information Officer, acquired 190 common shares when 190 performance-based restricted stock units settled on September 28, 2026. The award’s 190 units vested on June 30, 2026. Her direct common-stock holdings following the transaction were 4,821 shares, including shares acquired through the dividend reinvestment plan.
Consumers Bancorp Inc. director David R. Bickerton settled 129 restricted stock units for 129 shares of common stock on September 28, 2026. Each unit represented a right to receive one common share at settlement. His directly held common stock position was 195 shares afterward. No Rule 10b5-1 plan is reported.
Consumers Bancorp (CBKM) CEO & President Ralph J. Lober II acquired 1,199 common shares through settlement of performance-based restricted stock units on September 28, 2026. The award footnote states that 1,199 units vested June 30, 2026. His direct common-stock holdings after the transaction were 81,353 shares, including shares acquired through the dividend reinvestment plan.
Consumers Bancorp Inc. (CBKM) EVP and Chief Financial Officer Renee Wood settled 387 performance-based restricted stock units into 387 common shares on September 28, 2026. Her direct holding afterward was 25,595 common shares, including shares acquired through a dividend reinvestment plan. Each unit represents the right to receive one common share at settlement, and no Rule 10b5-1 plan is reported.
At Consumers Bancorp Inc, SVP, Retail Operations & Sales Derek G. Williams reported settlement of 200 performance-based restricted stock units into 200 common shares on September 28, 2026. Direct common-stock holdings after the transaction were 14,499 shares, including shares acquired through a dividend reinvestment plan; Williams also reported 100 shares held indirectly by his child. The award footnote states that 200 units vested June 30, 2026.
Consumers Bancorp Inc. reported that Suzanne N. Mikes, EVP, Chief Credit Officer, received 349 shares of common stock upon settlement of 349 performance-based restricted stock units on September 28, 2026. Her reported direct common-stock holdings following the transaction were 10,148 shares, including shares acquired through a dividend reinvestment plan. The award footnote says those 349 units vested June 30, 2026.
CONSUMERS BANCORP INC (CBKM) reported that CEO and President Ralph J. Lober II purchased 70 shares of common stock on September 17, 2026 at a price of $32.59 per share in an open market or private transaction. Following this purchase, he beneficially owns 80,153.739 shares directly. No Rule 10b5-1 trading plan is reported for this transaction.