Welcome to our dedicated page for Central Plains SEC filings (Ticker: CPBI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Central Plains Bancshares, Inc. filings document the company's public-company governance and bank holding company structure. Proxy materials and related 8-K reports cover annual meeting matters, director elections, independent auditor ratification, and stockholder voting results.
Other filed disclosures address executive and officer compensation arrangements at Home Federal Savings and Loan Association of Grand Island, the wholly owned banking subsidiary. The record also identifies the issuer's Maryland incorporation and Exchange Act reporting context.
Central Plains Bancshares, Inc. is the target of an activist campaign by Joseph Stilwell and related funds. The Stilwell group reports beneficial ownership of 406,874 shares of common stock, or about 9.7% of the company’s 4,182,777 shares outstanding as of June 18, 2026.
The group has recently purchased additional shares through Stilwell Activist Investments, which spent $732,281.06 to acquire 39,973 shares using working capital and potential margin loans. They state their goal is to profit from an increase in the stock price by asserting shareholder rights, arguing the company’s asset value is not reflected in the current market price.
The group has notified the company of its intent to nominate Francis “Frank” E. Younes, with Mark E. Novotny as alternate, for election to the board at the 2026 annual meeting. They also submitted a non-binding proposal requesting that the board repurchase at least 10% of outstanding shares in any year the stock trades below book value per share, supported by appropriate trading plans.
Central Plains Bancshares, Inc., holding company for Home Federal Bank in southcentral Nebraska, reports a community banking profile built around deposits and diversified lending. The company completed a mutual-to-stock conversion IPO in October 2023, selling 4,130,815 shares at $10.00 per share for gross proceeds of about $41.3 million.
At March 31, 2026, Central Plains Bancshares had consolidated assets of $558.6 million, deposits of $460.4 million and stockholders’ equity of $89.0 million. The loan portfolio totaled $448.4 million, led by residential real estate (36.14%), commercial real estate (28.82%), agricultural (12.19%), commercial non‑real estate (10.79%), construction (6.39%), land development/SIDs (3.41%) and other consumer (2.26%).
Credit quality appears conservative, with non‑performing assets of $1.9 million, or 0.35% of total assets, and an allowance for credit losses of $5.8 million, equal to 1.30% of total loans and more than three times non‑performing loans. Funding is primarily core deposits across checking, savings, money market and certificates, with average deposit cost of 2.55% and uninsured deposits of $52.2 million. The bank emphasizes traditional underwriting, diversified commercial, agricultural and residential lending, and maintains ample unused borrowing capacity with the Federal Home Loan Bank and Federal Reserve.
Stilwell Activist Investments and affiliated participants have filed a proxy statement to solicit votes at Central Plains Bancshares' 2026 annual meeting to nominate a director and submit a business proposal. Stilwell filed Amendment No. 2 to a Schedule 13D disclosing delivery of its notice of intent on May 20, 2026.
The filing lists direct holdings of 291,996, 54,905, and 20,000 shares by Stilwell entities and states aggregate beneficial ownership of 366,901 shares as of the date hereof.
Stilwell Activist Fund and related entities filed a second amendment to their Schedule 13D on Central Plains Bancshares, Inc., detailing an aggregate holding of 366,901 shares of common stock, or 8.7% of the outstanding shares as of February 11, 2026.
The group states its purpose is to profit from share-price appreciation by asserting shareholder rights and believes the company’s asset value is not reflected in the current market price. They have notified the company of their intent to nominate Francis "Frank" E. Younes as director, with Mark E. Novotny as an alternate, at the 2026 annual meeting.
The group also submitted a non-binding share repurchase proposal asking the board to repurchase at least 10% of outstanding common stock in any year the stock trades below book value per share, supported by appropriate trading plans to address blackout periods.
Central Plains Bancshares, Inc. disclosed that the Home Federal Savings and Loan Association of Grand Island Employee Stock Ownership Plan Trust beneficially owns 328,195.71 shares of its common stock, representing 7.8% of the class as of the event date 12/31/2025.
The ESOP trust has sole voting power over 290,809.20 shares and shared voting power over 37,386.51 shares. It holds sole dispositive power over all 328,195.71 shares and no shared dispositive power. The filing states these securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
Central Plains Bancshares, Inc. increased total assets to $535.7 million at December 31, 2025, driven mainly by 7.0% loan growth to $430.2 million. Deposits rose 5.7% to $440.0 million, including higher time and brokered deposits, while the company reported no outstanding borrowings.
For the three months ended December 31, 2025, net income rose to $1.2 million from $951,000 a year earlier, with basic and diluted earnings per share of $0.31. For the nine-month period, net income was $3.0 million versus $2.8 million, or $0.80 per share, and equity increased to $87.8 million.
Central Plains Bancshares (CPBI) reported quarterly results for the period ended September 30, 2025. Net income was $882 thousand versus $952 thousand a year ago, with diluted EPS of $0.23. Net interest income rose to $4.59 million as loan interest increased, while the provision for credit losses was $89 thousand.
Total assets were $510.0 million. Loans grew to $422.4 million (net loans $416.8 million), and deposits were $408.2 million. The bank added $8.5 million in FHLB borrowings and held cash and equivalents of $8.89 million (from $28.68 million at March 31). Available-for-sale securities had a fair value of $59.67 million, and accumulated other comprehensive loss improved to $(2.77) million.
Credit metrics were stable: the allowance for credit losses on loans was $5.52 million, and nonaccrual loans declined to $344 thousand. Capital remained strong and well-capitalized, with CET1 16.46%, total risk-based capital 17.71%, and leverage ratio 14.05%. Brokered deposits were $17.4 million.
Central Plains Bancshares, Inc. reported the results of its Annual Meeting of Stockholders held on August 26, 2025. Stockholders elected two directors, William D. Oltean and Tamara L. Slater, each to serve a three-year term. Mr. Oltean received 1,891,886 votes for and 177,230 withheld, while Ms. Slater received 1,885,355 votes for and 183,761 withheld, with 682,778 broker non-votes for each nominee.
Stockholders also ratified the appointment of Plante & Moran, PLLC as the company’s independent registered public accounting firm for the year ending March 31, 2026, with 2,659,325 votes for, 92,469 against, and 100 abstentions. The filing notes that Central Plains Bancshares, Inc. is listed on The Nasdaq Stock Market LLC under the symbol CPBI.
Central Plains Bancshares (CPBI) reported quarterly net income of $988,000 for the three months ended June 30, 2025, up from $903,000 a year earlier, producing diluted earnings per share of $0.26 versus $0.24 in the prior year period. Net interest income rose to $4.49 million as loan yields and average loan balances increased, lifting net interest margin to 3.75%. Loans grew by $11.0 million to $413.3 million.
Liquidity tightened as cash and cash equivalents fell by $20.8 million to $7.9 million and deposits declined $15.6 million to $400.6 million, prompting $8.5 million of borrowings at period end. Available-for-sale securities have $4.59 million of unrealized losses, though management expects recovery at maturity. Capital ratios remain strong with total capital to risk-weighted assets at 17.89%, well above regulatory thresholds.