SR Bancorp (SRBK) Proxy Filing summary
Event summary combining transcript, slides, and related documents.
Proxy Filing summary
2 Dec, 2025Executive summary
Annual meeting scheduled for November 19, 2025, at Bridgewater Marriott, NJ, to elect directors and ratify the independent auditor appointment.
Shareholders of record as of September 22, 2025, are eligible to vote; 8,707,164 shares outstanding, each with one vote.
Proxy materials and annual report are available online; voting can be done by mail or Internet.
Voting matters and shareholder proposals
Election of one director for a one-year term and three directors for three-year terms.
Ratification of Baker Tilly US, LLP as independent registered public accounting firm for fiscal year ending June 30, 2026.
Shareholder proposals for the next annual meeting must be received by June 22, 2026.
Board of directors and corporate governance
Board consists of eight members, with five deemed independent per Nasdaq standards.
Separation of Chairman and CEO roles at the holding company level; combined at the bank level for continuity.
Three standing committees: Audit, Compensation, and Nominating & Corporate Governance, all with independent members.
Code of Ethics for Senior Officers and Insider Trading Policy in place; no anti-hedging policy.
Directors encouraged to attend annual meetings; high attendance in 2024.
Latest events from SR Bancorp
- Net income fell on higher expenses and absence of one-time gains, but loan growth remained robust.SRBK
Q4 2026 - Quarterly net income surged 65% year-over-year, driven by robust loan and deposit growth.SRBK
Q3 2026 - Net income fell as expenses rose, but loan growth and strong capital supported asset expansion.SRBK
Q2 2026 - Shareholders to vote on director elections, a new equity plan, and auditor ratification.SRBK
Proxy Filing - Net income fell 49% year-over-year as higher expenses offset loan-driven asset growth.SRBK
Q3 2025 - Net income fell, but asset and loan growth continued as expenses and share buybacks reduced equity.SRBK
Q4 2025 - Returned to profitability in FY 2025 with strong loan growth and improved efficiency.SRBK
Q2 2025 - Profit rebounded to $1.4 million on higher net interest income and lower expenses.SRBK
Q3 2024 - Net income fell year-over-year, but nine-month profit rebounded on loan growth and merger gains.SRBK
Q1 2025