# EDGAR Filing Document

**Accession Number:** 0001297341
**File Stem:** 0001213900-25-107110
**Filing Date:** 2025-11
**Character Count:** 15969
**Document Hash:** 32184cba16a93d5431500bff42d71a52
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-107110.hdr.sgml**: 20251106

**ACCESSION NUMBER**: 0001213900-25-107110

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20251106

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251106

**DATE AS OF CHANGE**: 20251106

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Kentucky First Federal Bancorp
- **CENTRAL INDEX KEY:** 0001297341
- **STANDARD INDUSTRIAL CLASSIFICATION:** SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 611484858
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-51176
- **FILM NUMBER:** 251457713

**BUSINESS ADDRESS:**
- **STREET 1:** 479 MAIN STREET
- **CITY:** HAZARD
- **STATE:** KY
- **ZIP:** 41702
- **BUSINESS PHONE:** (606) 436-3860

**MAIL ADDRESS:**
- **STREET 1:** 479 MAIN STREET
- **CITY:** HAZARD
- **STATE:** KY
- **ZIP:** 41702

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Kentucky First Federal Bancorp Inc
- **DATE OF NAME CHANGE:** 20040715

?xml version='1.0' encoding='ASCII'?

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, DC 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): **<u>November 6, 2025</u>**

**<u>KENTUCKY FIRST FEDERAL BANCORP</u>**

(Exact Name of Registrant as Specified in Its Charter)

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| | | |
|:---|:---|:---|
| **United States** | **0-51176** | **61-1484858** |
| (State or other jurisdiction of | (Commission File Number) | (IRS Employer |
| incorporation or organization) |  | Identification No.) |

---

---

| | |
|:---|:---|
| **655 Main Street, Hazard, Kentucky** | **41702** |
| (Address of principal executive offices) | (Zip Code) |

---

**<u>(502) 223-1638</u>**

(Registrant's telephone number, including area code)

**<u>Not Applicable</u>**

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:

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| | |
|:---|:---|
| **Title of each class** | **Name of each exchange on which registered** |
| Common Stock, $0.01 par value per share KFFB | The NASDAQ Stock Market LLC |

---

**Item 2.02** **<u>Results of Operations and Financial Condition</u>**

On November 6, 2025, Kentucky First Federal Bancorp (the "Company") announced its unaudited financial results for the three months ended September 30, 2025. For more information, see the Company's press release dated November 6, 2025, which is filed as Exhibit 99.1 hereto and is incorporated herein by reference.

**Item 9.01** **<u>Financial Statements and Exhibits</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Not applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Not applicable

The following exhibit is filed herewith:

99.1 [Press Release dated November 6, 2025](ea026445001ex99-1_kentucky.htm) <br> 104 Cover Page Interactive Data File (formatted as Inline XBRL)

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | KENTUCKY FIRST FEDERAL BANCORP | KENTUCKY FIRST FEDERAL BANCORP |
| Date: November 6, 2025 | By: | /s/ Tyler Eades |
|  |  | Tyler Eades |
|  |  | Vice President and Chief Finance Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

Kentucky First Federal Bancorp

Hazard, Kentucky, Frankfort, Kentucky, Danville, Kentucky and Lancaster, Kentucky

For Immediate Release November 6, 2025

Contact: Don D. Jennings, President, or Tyler Eades, Vice President

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(502) 223-1638

216 West Main Street

P.O. Box 535

Frankfort, KY 40602

**Kentucky First Federal Bancorp Releases Earnings**

Kentucky First Federal Bancorp (Nasdaq: KFFB), the holding company (the "Company") for First Federal Savings and Loan Association of Hazard and First Federal Savings Bank of Kentucky, Frankfort, Kentucky, announced net income of $344,000 or $0.04 diluted earnings per share for the three months ended September 30, 2025, compared to a net loss of $15,000 or $(0.00) diluted earnings per share for the three months ended September 30, 2024, an increase of $359,000.

The increase in net income for the quarter ended September 30, 2025 was primarily attributable to higher net interest income, lack of a provision for loan loss, and slightly higher non-interest income, which were partially offset by higher non-interest expense and higher income tax expense. Net interest income increased $634,000 or 33.9% to $2.5 million due primarily to both an increase in interest income as well as a decrease in interest expense. Interest income increased $432,000 or 9.4%, to $5.1 million, while interest expense decreased $202,000 or 7.3% to $2.5 million for the recently-ended quarter.

The average rate earned on interest-earning assets increased 53 basis points to 5.59% and was the primary reason for the increase in interest income, more than enough to make up for the decrease in average interest earning assets, which totaled $361.7 million for the recently-ended quarterly period, a decrease of $4.0 million or 1.10%. The increase in average rate earned is mostly due to the interest rate earned on loans, which increased 63 basis points to 5.71% quarter to quarter. Interest rates on loans have increased due to new loan production at higher coupons as well as repricing of our adjustable rate mortgages to higher rates. The average rate paid on interest-bearing liabilities decreased 22 basis points to 3.33% and was the primary reason for the increase in interest expense, despite a decrease in the average balance of interest-bearing liabilities by $3.0 million or 1.0%.

Non-interest income increased $16,000 or 11.7% and totaled $153,000 for the three months ended September 30, 2025, primarily due to net gains on sales of loans Which is due to an increase in demand for fixed -rate secondary market loans.

We recorded no provision for credit loss for the recently-ended quarter compared to a provision of $15,000 in the prior year period. Management determined that the current period allowance for credit loss was sufficient in light of the slight decrease in the loan portfolio during the recently-ended quarter. Loans, net, decreased $798,000 and totaled $326.5 million at September 30, 2025, compared to $327.2 million at June 30, 2025.

Income tax expense increased $115,000 period to period, as income tax expense totaled $109,000 for the three months just ended compared to income tax benefit of $6,000 in the prior year quarter. The increase is due to increased earnings, with the three months ended September 30, 2025 income before income taxes being $474,000 higher than that of the three months ended September 30, 2024.

Non-interest expense increased $191,000 period to period primarily due to higher expenses associated with outside service fees and data processing expense. Outside service fees increased $90,000 or 128.6% and totaled $160,000 due to higher rates as well as additional third party services utilized in the quarter. Data processing expense increased $62,000 or 37.8% and totaled $226,000 due to increased rates and additional products provided by the core provider.

At September 30, 2025, assets totaled $366.5 million, a decrease of $4.7 million or 1.3%, from $371.2 million at June 30, 2025, due primarily to a decrease in cash and cash equivalents, decreasing $4.9 million or 24.9% as the Company purchased additional investment securities and used excess liquidity to pay off various funding sources. Total liabilities decreased $5.1 million or 1.6% to $317.7 million at September 30, 2025, as total deposits decreased $6.1 million or 2.2% to $271.4 million.

At September 30, 2025, the Company reported its book value per share as $6.03. Shareholders' equity increased $410,000 or 0.8% to $48.8 million at September 30, 2025 compared to June 30, 2025. The increase in shareholders' equity was primarily associated with net earnings for the quarter as well as a decrease of $66,000 in accumulated other comprehensive loss associated with a decrease in unrealized losses on the investment portfolio.

Forward-Looking Statements

This press release may contain statements that are forward-looking, as that term is defined by the Private Securities Litigation Act of 1995 or the Securities and Exchange Commission in its rules, regulations and releases. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. These forward-looking statements may be identified by the use of words such as "believe," "expect," "anticipate," "plan," "estimate," "intend" and "potential," or words of similar meaning, or future or conditional verbs such as "should," "could," or "may." Forward-looking statements include statements of our goals, intentions and expectations; statements regarding our ability to fully and timely address the deficiencies that resulted in the Agreement that First Federal Savings Bank of Kentucky has entered into with the Office of the Comptroller of the Currency ("OCC"); First Federal Savings Bank of Kentucky's ability to satisfy the Individual Minimum Capital Requirements imposed by the OCC; statements regarding our business plans, prospects, growth and operating strategies; statements regarding the quality of our loan and investment portfolios; and estimates of our risks and future costs and benefits. Kentucky First Federal Bancorp's actual results, performance or achievements may materially differ from those expressed or implied in the forward-looking statements. Risks and uncertainties that could cause or contribute to such material differences include, but are not limited to, general economic conditions; prices for real estate in the Company's market areas; the interest rate environment and the impact of the interest rate environment on our business, financial condition and results of operations; our ability to successfully execute our strategy to increase earnings, increase core deposits, reduce reliance on higher cost funding sources and shift more of our loan portfolio towards higher-earning loans; our ability to pay future dividends and if so at what level; our ability to receive any required regulatory approval or non-objection to pay dividends to shareholders; our ability to pay dividends from First Federal Savings and Loan Association of Hazard and First Federal Savings Bank of Kentucky to the Company in order for the Company to pay dividends to shareholders; the ability of First Federal MHC to receive approval of its members to waive the payment of any Company dividends to First Federal MHC; competitive conditions in the financial services industry; changes in the level of inflation; the impacts of tariffs, sanctions and other trade policies of the United States and its global trading counterparts; changes in the demand for loans, deposits and other financial services that we provide; the possibility that future credit losses may be higher than currently expected; competitive pressures among financial services companies; the ability to attract, develop and retain qualified employees; our ability to maintain the security of our data processing and information technology systems; the outcome of pending or threatened litigation, or of matters before regulatory agencies; changes in law, governmental policies and regulations, rapidly changing technology affecting financial services, and the other matters mentioned in Item 1A of the Company's Annual Report on Form 10-K for the year ended June 30, 2025. Except as required by applicable law or regulation, the Company does not undertake the responsibility, and specifically disclaims any obligation, to release publicly the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of the statements or to reflect the occurrence of anticipated or unanticipated events.

**About Kentucky First Federal Bancorp**

Kentucky First Federal Bancorp is the parent company of First Federal Savings and Loan Association of Hazard, which operates one banking office in Hazard, Kentucky, and First Federal Savings Bank of Kentucky, which operates three banking offices in Frankfort, Kentucky, two banking offices in Danville, Kentucky and one banking office in Lancaster, Kentucky. Kentucky First Federal Bancorp shares are traded on the Nasdaq National Market under the symbol KFFB. At September 30, 2025, the Company had approximately 8,086,715 shares outstanding of which approximately 58.5% was held by First Federal MHC.

**SUMMARY OF FINANCIAL HIGHLIGHTS**

**Condensed Consolidated Balance Sheets**

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| | | |
|:---|:---|:---|
|  | September 30,<br>2025 | June 30,<br>2025 |
|  | *(Unaudited)* |  |
| *(In thousands, except share data)* |  |  |
| Assets |  |  |
| &nbsp;&nbsp;&nbsp;Cash and Cash Equivalents | $14625 | $19480 |
| &nbsp;&nbsp;&nbsp;Investment Securities | 11888 | 9928 |
| &nbsp;&nbsp;&nbsp;Loans available-for sale | 305 | 877 |
| &nbsp;&nbsp;&nbsp;Loans, net | 326450 | 327248 |
| &nbsp;&nbsp;&nbsp;Other Assets | 13224 | 13678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Assets | $366492 | $371211 |
| Liabilities |  |  |
| &nbsp;&nbsp;&nbsp;Deposits | $271415 | $277563 |
| &nbsp;&nbsp;&nbsp;FHLB Advances | 43784 | 42760 |
| &nbsp;&nbsp;&nbsp;Other Liabilities | 2514 | 2519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Liabilities | 317713 | 322842 |
| Shareholders' Equity | 48779 | 48369 |
| Total Liabilities and Equity | $366492 | $371211 |
| Book Value Per Share | $6.03 | $5.98 |
| Tangible book value per share | $6.03 | $5.98 |

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**Condensed Consolidated Statements of Loss**

*(In thousands, except share data)*

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| | | |
|:---|:---|:---|
|  | Three months ended<br> September 30, | Three months ended<br> September 30, |
|  | 2025 | 2024 |
|  | *(Unaudited)* | *(Unaudited)* |
| Interest Income | $5052 | $4620 |
| Interest Expense | 2548 | 2750 |
| Net Interest Income | 2504 | 1870 |
| Provision for Credit Losses |  | 15 |
| Non-interest Income | 153 | 137 |
| Non-interest Expense | 2204 | 2013 |
| Income (Loss) Before Income Taxes | 453 | (21) |
| Income Taxes (Benefits) | 109 | (6) |
| Net Income (Loss) | $344 | $(15) |
| Earnings per share: |  |  |
| &nbsp;&nbsp;&nbsp;Basic and diluted | $0.04 | $(0.00) |
| Weighted average outstanding shares: |  |  |
| &nbsp;&nbsp;&nbsp;Basic and diluted | 8086715 | 8086715 |

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