Hazard-based Kentucky First Federal Bancorp posts $304,000 quarterly net income

Kentucky First Federal Bancorp posted net income of $304,000, or $0.04 per diluted share, for the quarter ended Dec. 31, 2025, a sharp rise from $13,000 a year earlier, the company said. The holding company for First Federal Savings and Loan Association of Hazard and First Federal Savings Bank of Kentucky reported $648,000 in net earnings for the six months ended Dec. 31, 2025, reversing a $2,000 loss in the comparable period a year earlier, a swing of $650,000.

The gain was driven largely by interest income improvements. Quiverquant reported that “Net interest income increased by $618,000 or 30.3% to $2.7 million for the quarter ended December 31, 2025.” That boost, together with lower interest expense, underpinned the jump in profitability even as non-interest costs rose. As Quiverquant noted, “Although non-interest expenses rose by 10% due to data processing and employee compensation costs, the overall financial health was strengthened, with total assets increasing to $375.3 million and shareholders' equity growing to $49.1 million.”

Balance-sheet details show modest growth and active funding moves. Total assets stood at $375.3 million, up $4.1 million or 1.1% from $371.2 million at June 30, 2025, supported by a $2.6 million rise in net loans and a $1.4 million increase in investment securities. Cash and cash equivalents were $19.7 million. Total liabilities rose to $326.2 million, while deposits fell $4.4 million, to $273.2 million. The company explained that “Deposits decreased $4.4 million or 1.6% to $273.2 million primarily related to a decrease in savings accounts associated with distributions of funds in administration of various estate accounts.” To back asset growth, “FHLB advances increased $8.7 million or 20.3% to $51.4 million to fund the growth in assets.”

For Perry County residents, those numbers matter in practical ways. Loan growth and higher net interest income can translate into more local credit availability for small businesses, home mortgages, and agriculture-related borrowing. At the same time, a 1.6% drop in deposits and a 20.3% increase in Federal Home Loan Bank borrowing underscore that funding is shifting; depositors and local institutions should monitor whether higher wholesale funding raises funding costs or affects local lending terms later this year.

Market and governance signals add context. Shares outstanding were approximately 8,086,715, with about 58.5% held by First Federal MHC, and the bank trades under the Nasdaq symbol KFFB. Stocktitan observed that “Over the last few quarters, Kentucky First Federal Bancorp has steadily shifted from losses to profitability,” and Marketscreener’s timeline notes a recent management appointment, signaling leadership changes intended to sustain the turnaround.

What this means for readers is a cautiously positive local picture: the Hazard-based bank is back in the black and building capital, but higher non-interest costs and changing funding patterns merit attention. Watch the company’s next quarterly filing and local loan activity for signs that higher net interest income is translating into sustained lending to Perry County households and businesses.