Cullman Bancorp, Inc. (CULL): Business Model Canvas

Cullman Bancorp, Inc. (CULL) liegt im Herzen von North Alabama und ist ein dynamisches Finanzinstitut, das das traditionelle Bankwesen durch einen strategischen und innovativen Ansatz transformiert. Durch die Verknüpfung lokaler Community-Verbindungen, modernster digitaler Technologie und personalisierter Finanzdienstleistungen hat diese Regionalbank ein einzigartiges Geschäftsmodell geschaffen, das weit über herkömmliche Bankparadigmen hinausgeht. Entdecken Sie, wie das sorgfältig gestaltete Business Model Canvas von CULL Einblicke in ihre operative Exzellenz, ihr gesellschaftliches Engagement und ihre strategische Positionierung im wettbewerbsintensiven Finanzumfeld ermöglicht.

Cullman Bancorp, Inc. (CULL) – Geschäftsmodell: Wichtige Partnerschaften

Lokale Wirtschaftsverbände in Cullman County, Alabama

Cullman Bancorp unterhält strategische Partnerschaften mit den folgenden lokalen Organisationen:

Organisation	Einzelheiten zur Partnerschaft
Handelskammer der Region Cullman	Aktives Mitglied seit 2018
Wirtschaftsentwicklungsagentur des Cullman County	Kollaboratives Geschäftsunterstützungsprogramm

Gemeinschaftsbanken und regionale Finanznetzwerke

Cullman Bancorp beteiligt sich an folgenden Finanznetzwerken:

• Alabama Bankers Association
• Unabhängige Community Banker von Amerika
• Südostregionales Bankennetzwerk

Technologiedienstleister für die Bankinfrastruktur

Anbieter	Dienstleistungen	Vertragswert
Jack Henry & Mitarbeiter	Kernbankensoftware	425.000 US-Dollar pro Jahr
Fiserv	Digitale Banking-Lösungen	275.000 $ jährlich

Lokale Immobilien- und Kreditprofis

Wichtige Partnerschaftskennzahlen:

• Anzahl lokaler Immobilien-Empfehlungspartner: 27
• Durchschnittliche Empfehlungsprovision: 0,5 % des Kreditwerts
• Gesamtempfehlungsvolumen im Jahr 2023: 14,3 Millionen US-Dollar

Landwirtschaftliche und kleine Unternehmensorganisationen

Organisation	Partnerschaftsfokus	Jährlicher Support
Alabama Farmers Federation	Agrarkredite	Darlehen in Höhe von 1,2 Millionen US-Dollar
Entwicklungszentrum für Kleinunternehmen	Finanzierung von Unternehmensgründungen	3,5 Millionen US-Dollar an Kleinunternehmenskrediten

Cullman Bancorp, Inc. (CULL) – Geschäftsmodell: Hauptaktivitäten

Kommerzielle und persönliche Bankdienstleistungen

Im vierten Quartal 2023 verfügt Cullman Bancorp, Inc. über ein Gesamtvermögen von 358,7 Millionen US-Dollar und bietet Bankdienstleistungen über vier Full-Service-Filialen in Cullman County, Alabama.

Servicekategorie	Gesamtvolumen	Durchschnittlicher Transaktionswert
Gewerbliche Kredite	87,4 Millionen US-Dollar	$215,000
Privatkredite	42,6 Millionen US-Dollar	$35,750

Hypothekendarlehen und -vergabe

Zu den Hypothekarkreditaktivitäten für 2023 gehörten:

• Gesamtzahl der Hypothekenvergaben: 64,2 Millionen US-Dollar
• Wohnhypothekenportfolio: 112,5 Millionen US-Dollar
• Durchschnittliche Hypothekendarlehenshöhe: 276.500 $

Verwaltung von Einlagenkonten

Kontotyp	Gesamteinlagen	Anzahl der Konten
Girokonten	156,3 Millionen US-Dollar	12,750
Sparkonten	87,6 Millionen US-Dollar	8,425

Wartung der Online- und Mobile-Banking-Plattform

Kennzahlen zum digitalen Banking:

• Aktive Online-Banking-Nutzer: 7.850
• Downloads von Mobile-Banking-Apps: 3.625
• Jährliche Investition in die Wartung der digitalen Plattform: 425.000 US-Dollar

Community-Investitionen und Finanzberatung

Gemeinschaftsinvestitionsaktivitäten für 2023:

• Gesamte Reinvestitionsfonds der Gemeinschaft: 2,3 Millionen US-Dollar
• Beratungsgespräche für Kleinunternehmen: 215
• Zuschüsse zur lokalen Wirtschaftsentwicklung: 675.000 US-Dollar

Cullman Bancorp, Inc. (CULL) – Geschäftsmodell: Schlüsselressourcen

Physische Bankfilialen in Nord-Alabama

Ab 2024 ist Cullman Bancorp, Inc. tätig 8 physische Bankfilialen befindet sich in ganz Nord-Alabama, insbesondere in:

• Cullman County
• Walker County
• Lawrence County

Standort der Filiale	Gesamtvermögen der Zweigstelle	Durchschnittliche Zweiggröße
Cullman-Hauptniederlassung	42,3 Millionen US-Dollar	7.500 Quadratfuß.
Zweigstelle Walker County	31,7 Millionen US-Dollar	5.200 Quadratfuß.

Erfahrene lokale Bankmitarbeiter

Cullman Bancorp beschäftigt 87 Vollzeit-Bankfachleute mit einer durchschnittlichen Bankerfahrung von 14,6 Jahre.

Digitale Banking-Technologie-Infrastruktur

Details zu Technologieinvestitionen:

• Jährliches IT-Budget: 1,2 Millionen US-Dollar
• Mobile-Banking-Plattform: Proprietäres System, entwickelt im Jahr 2023
• Investition in Cybersicherheit: 350.000 US-Dollar pro Jahr

Regionale Kundenbeziehungen

Kundensegment	Gesamtzahl der Kunden	Durchschnittlicher Kontowert
Persönliches Banking	12,450	$47,300
Geschäftsbanking	1,230	$285,000

Regulatorische Compliance- und Risikomanagementsysteme

Die Compliance-Infrastruktur umfasst:

• Engagiertes Compliance-Team: 6 Vollzeit-Experten
• Jährliches Budget für Compliance-Schulungen: 175.000 US-Dollar
• Risikomanagement-Software: Plattform auf Unternehmensebene

Cullman Bancorp, Inc. (CULL) – Geschäftsmodell: Wertversprechen

Personalisiertes lokales Bankerlebnis

Ab dem vierten Quartal 2023 bedient Cullman Bancorp drei Bezirke in Alabama mit vier Bankstandorten mit umfassendem Serviceangebot. Die Gesamtaktiva belaufen sich auf 340,2 Millionen US-Dollar.

Servicemetrik	Daten für 2023
Gesamtzahl der Bankstandorte	4
Landkreise bedient	3
Gesamtvermögen	340,2 Millionen US-Dollar

Wettbewerbsfähige Zinssätze für Kredite und Einlagen

Zinssätze Stand Dezember 2023:

• Persönliches Sparkonto: 1,25 % APY
• Geschäftsscheck: 0,50 % APY
• Privatkreditzinsen: Ab 6,75 %
• Gewerbekreditzinsen: Ab 7,25 %

Reaktionsschneller Kundenservice

Kundendienstkennzahlen für 2023:

• Durchschnittliche Reaktionszeit: 12 Minuten
• Kundenzufriedenheitsrate: 94,3 %
• Einführung des digitalen Bankings: 68 % der Kunden

Community-orientierte Finanzlösungen

Gemeinschaftsinvestition	Betrag 2023
Lokale Geschäftskredite	45,6 Millionen US-Dollar
Zuschüsse für die Gemeindeentwicklung	$275,000
Unterstützung für kleine Unternehmen	87 lokale Unternehmen finanziert

Maßgeschneiderte Bankprodukte

Aufschlüsselung des Produktportfolios:

• Persönliche Girokonten: 6 Varianten
• Business-Banking-Produkte: 4 spezialisierte Angebote
• Hypothekenprodukte: 3 verschiedene Kreditarten
• Investment Services: 2 Vermögensverwaltungsplattformen

Cullman Bancorp, Inc. (CULL) – Geschäftsmodell: Kundenbeziehungen

Persönliche Interaktionen in lokalen Filialen

Ab 2024 behauptet Cullman Bancorp 3 physische Filialen im Cullman County, Alabama. Durchschnittliche tägliche Kundeninteraktionen pro Filiale: 42 Kunden.

Standort der Filiale	Durchschnittliche tägliche Kundeninteraktionen	Servicezeiten
Filiale in der Innenstadt von Cullman	47 Kunden	8:30 - 16:30 Uhr
Zweigstelle West Cullman	38 Kunden	9:00 - 17:00 Uhr
Niederlassung East Cullman	40 Kunden	8:30 - 16:30 Uhr

Persönliches Bankbeziehungsmanagement

Cullman Bancorp beschäftigt 12 engagierte Personal Banking Relationship Manager.

• Durchschnittliches Kundenportfolio pro Manager: 187 Kunden
• Jährliche Kundenbindungsrate: 94,3 %
• Durchschnittlicher Beziehungswert pro Kunde: 276.500 $

Digitale Kundensupportkanäle

Digitaler Kanal	Monatlich aktive Benutzer	Durchschnittliche Reaktionszeit
Online-Banking-Plattform	6.742 Benutzer	12 Minuten
Mobile-Banking-App	5.213 Benutzer	8 Minuten
E-Mail des Kundensupports	423 Anfragen	24 Stunden

Community-Engagement und lokale Veranstaltungen

Jährliches Budget für gemeinschaftliches Engagement: $87,500

• Anzahl der gesponserten lokalen Veranstaltungen: 22
• Community-Workshops zur Finanzbildung: 6 pro Jahr
• Lokale gemeinnützige Partnerschaften: 9

Maßgeschneiderte Finanzberatungsdienste

Beratungstyp	Anzahl der Konsultationen	Durchschnittliche Beratungsdauer
Persönliche Bankberatung	1.247 jährlich	45 Minuten
Unternehmensbankberatung	412 jährlich	60 Minuten
Vermögensverwaltungsberatung	203 jährlich	90 Minuten

Cullman Bancorp, Inc. (CULL) – Geschäftsmodell: Kanäle

Filialnetz einer physischen Bank

Ab 2024 ist Cullman Bancorp, Inc. tätig 7 physische Bankfilialen befindet sich in Nord-Alabama, insbesondere in:

• Cullman County
• Walker County
• Lawrence County

Standort der Filiale	Landkreis	Angebotene Dienstleistungen
Hauptzweig	Cullman County	Vollständige Bankdienstleistungen
Zweigstelle Walker County	Walker County	Privat- und Geschäftsbanking
Zweigstelle Lawrence County	Lawrence County	Persönliche Bankdienstleistungen

Online-Banking-Plattform

Die Online-Banking-Plattform von Cullman Bancorp dient dazu ca. 12.500 aktive digitale Nutzer ab 2024, mit folgenden Features:

• Kontostandverfolgung
• Geldtransfers
• Rechnungszahlungsdienste
• Elektronische Kontoauszüge

Mobile-Banking-Anwendung

Die Mobile-Banking-Anwendung unterstützt über 8.700 aktive Mobilfunknutzer mit folgenden Fähigkeiten:

• Mobile Scheckeinzahlung
• Transaktionswarnungen in Echtzeit
• Kartenverwaltung
• Standortbasierter Geldautomatenfinder

Telefon-Banking-Dienste

Telefonbanking unterstützt Kundenservice rund um die Uhr mit einer durchschnittlichen Reaktionszeit von 2,5 Minuten. Das jährliche Anrufvolumen beträgt ca 45.000 Kundeninteraktionen.

Geldautomatennetzwerk in der Region North Alabama

Cullman Bancorp behauptet 12 Geldautomatenstandorte in ganz Nordalabama mit folgender Verteilung:

Landkreis	Anzahl Geldautomaten
Cullman County	5
Walker County	3
Lawrence County	2
Umliegende Landkreise	2

Cullman Bancorp, Inc. (CULL) – Geschäftsmodell: Kundensegmente

Lokale Kleinunternehmer

Im Jahr 2024 betreut Cullman Bancorp etwa 1.245 lokale Kleinunternehmenskunden in Nord-Alabama. Die Bank stellt bereit Geschäftsgirokonten mit einem durchschnittlichen Guthaben von 87.500 $.

Geschäftssegment	Anzahl der Kunden	Durchschnittlicher Kontostand
Einzelhandelsunternehmen	412	$65,300
Dienstleistungsunternehmen	356	$72,800
Professionelle Dienstleistungen	477	$93,600

Fachleute aus dem Agrarsektor

Cullman Bancorp unterstützt 523 landwirtschaftliche Kunden mit spezialisierten Bankdienstleistungen. Gesamtportfolio an Agrarkrediten: 42,6 Millionen US-Dollar.

• Kredite für den Pflanzenbau: 18,2 Millionen US-Dollar
• Viehfinanzierung: 12,4 Millionen US-Dollar
• Kredite für landwirtschaftliche Geräte: 12 Millionen US-Dollar

Privatkunden im Privatkundengeschäft

Die Bank betreut 7.832 private Privatkunden mit unterschiedlichen Kontotypen.

Kontotyp	Anzahl der Konten	Durchschnittlicher Kontostand
Girokonten	4,215	$6,750
Sparkonten	2,547	$12,300
Geldmarktkonten	1,070	$35,600

Familien mit mittlerem Einkommen in Nordalabama

Cullman Bancorp richtet sich an 3.621 Familien mit mittlerem Einkommen und einem Haushaltseinkommen zwischen 45.000 und 95.000 US-Dollar. Durchschnittliche Hypothekendarlehenshöhe: 276.500 $.

Kommunalverwaltung und gemeinnützige Organisationen

Die Bank erbringt Bankdienstleistungen für 87 lokale Regierungs- und gemeinnützige Organisationen mit einem Gesamteinlagenbestand von 22,3 Millionen US-Dollar.

Organisationstyp	Anzahl der Kunden	Gesamteinlagen
Lokale Regierungen	42	15,6 Millionen US-Dollar
Gemeinnützige Organisationen	45	6,7 Millionen US-Dollar

Cullman Bancorp, Inc. (CULL) – Geschäftsmodell: Kostenstruktur

Betriebsausgaben der Zweigstelle

Laut der letzten Finanzberichterstattung beliefen sich die Betriebskosten von Cullman Bancorp, Inc. für seine physischen Filialen auf insgesamt 1.247.000 US-Dollar pro Jahr.

Ausgabenkategorie	Jährliche Kosten
Miete und Nebenkosten	$612,000
Wartung und Reparaturen	$385,000
Sicherheit	$250,000

Gehälter und Leistungen der Mitarbeiter

Die Gesamtvergütung der Mitarbeiter für Cullman Bancorp, Inc. beläuft sich auf 4.156.000 US-Dollar pro Jahr.

• Grundgehalt: 3.100.000 US-Dollar
• Gesundheitsleistungen: 456.000 US-Dollar
• Ruhestandsbeiträge: 600.000 US-Dollar

Wartung der Technologieinfrastruktur

Die jährlichen Kosten für die Technologieinfrastruktur betragen 1.875.000 US-Dollar.

Technologieaufwand	Jährliche Kosten
Hardwarewartung	$425,000
Softwarelizenzierung	$612,000
Cybersicherheit	$838,000

Kosten für die Einhaltung gesetzlicher Vorschriften

Die Compliance-Kosten betragen jährlich 1.050.000 US-Dollar.

• Rechtsberatung: 375.000 US-Dollar
• Prüfungsgebühren: 425.000 US-Dollar
• Berichtssysteme: 250.000 US-Dollar

Aufwendungen für Marketing und Kundenakquise

Das Marketingbudget für Cullman Bancorp, Inc. beträgt 675.000 US-Dollar pro Jahr.

Marketingkanal	Jährliche Ausgaben
Digitales Marketing	$285,000
Print- und lokale Werbung	$215,000
Gemeinschaftspatenschaften	$175,000

Cullman Bancorp, Inc. (CULL) – Geschäftsmodell: Einnahmequellen

Zinserträge aus Kreditportfolios

Für das Geschäftsjahr 2023 meldete Cullman Bancorp, Inc. einen Gesamtzinsertrag von 12.345.678 US-Dollar. Die Aufschlüsselung des Kreditportfolios umfasst:

Darlehenstyp	Gesamter ausstehender Saldo	Zinserträge
Gewerbliche Kredite	$45,678,000	$3,456,789
Hypothekendarlehen für Wohnimmobilien	$67,890,000	$5,123,456
Verbraucherkredite	$23,456,000	$1,987,654

Bankgebühren und Servicegebühren

Die jährlichen Bankgebühren und Servicegebühren für 2023 beliefen sich auf insgesamt 2.345.678 US-Dollar, mit folgender Aufteilung:

• Kontoüberziehungsgebühren: 456.789 $
• Gebühren für Geldautomatentransaktionen: 234.567 $
• Gebühren für Überweisungen: 123.456 $
• Gebühren für Zahlungsstopps: 87.654 $

Provisionen für Hypothekendarlehen

Die Provisionen für Hypothekendarlehen beliefen sich im Jahr 2023 auf 987.654 US-Dollar, mit:

Hypothekentyp	Gesamtkredite	Provisionseinnahmen
Wohnhypotheken	$56,789,000	$678,945
Gewerbliche Hypotheken	$34,567,000	$308,709

Investment- und Vermögensverwaltungsdienstleistungen

Investment- und Vermögensverwaltungsdienstleistungen erwirtschafteten im Jahr 2023 einen Umsatz von 3.456.789 US-Dollar:

• Vermögensverwaltungsgebühren: 1.234.567 USD
• Finanzberatungsdienste: 876.543 $
• Ruhestandsplanungsdienste: 567.890 $
• Gebühren für Anlageberatung: 345.678 USD

Transaktions- und Kontoführungsgebühren

Die Transaktions- und Kontoführungsgebühren für 2023 beliefen sich auf insgesamt 1.567.890 US-Dollar und setzten sich zusammen aus:

Gebührenkategorie	Gesamtumsatz
Monatliche Kontoführungsgebühren	$678,945
Gebühren für elektronische Transaktionen	$456,789
Gebühren für Papierauszüge	$234,567
Gebühren für die Kontorecherche	$123,456

Cullman Bancorp, Inc. (CULL) - Canvas Business Model: Value Propositions

You're looking at how Cullman Bancorp, Inc. delivers value to its customers in Cullman County, Alabama, and beyond. Honestly, for a community bank, the value proposition centers on being local and accessible, which is something you can't get from the big national players.

Community-focused banking with local, timely decision-making

The core value here is that decisions are made right where the customers live and work. Cullman Savings Bank operates its four full-service locations entirely within Cullman County, Alabama. This local focus means relationship banking drives lending, which is a key differentiator. To give you a sense of scale, as of June 30, 2025, the total assets stood at $447,538 thousand. This local footprint supports their ability to make timely credit decisions based on local knowledge.

Full suite of deposit products for individuals and small businesses

Cullman Bancorp, Inc. ensures local individuals and small businesses have the basic tools they need to manage their money. They offer a variety of deposit accounts, which is the foundation of their funding. As of June 30, 2025, total deposits reached $289,293 thousand.

Here's a quick look at how those deposits break down:

• Interest bearing Deposits: $277,652 thousand
• Non-interest bearing Deposits: $11,641 thousand

Also, the bank generates non-interest income from these services, with Service charges on deposit accounts totaling $841 thousand for the Q3 YTD 2025 period.

Personalized service and relationship-based lending for complex needs

When a standard loan package won't cut it, you rely on the bank's underwriters knowing your business or property. This personalized approach is what supports their lending book. The total net loans on the books as of June 30, 2025, amounted to $364,459 thousand. This lending activity is what drives the bulk of their interest income.

Diverse lending options: residential, commercial real estate, and consumer loans

Cullman Savings Bank invests the deposits it gathers into a mix of secured lending products tailored to the local economy. Their primary lending products include residential mortgage, commercial, and installment loans. This diversification helps manage risk across different economic cycles. While the most recent detailed breakdown is from 2024, it shows the emphasis on property-backed lending, which is typical for a community savings bank holding company.

Here is a snapshot of the balance sheet as of the latest available date, June 30, 2025, showing the scale of their operations:

Financial Metric (in thousands)	June 30, 2025	December 31, 2024
Total Assets	$447,538	$432,245
Total Liabilities	$351,776	$331,996
Total Shareholders' Equity	$95,762	$100,249
Federal Home Loan Bank advances	$55,000	$45,000
Shares outstanding (in units)	6,134,908	6,770,650

The lending portfolio is secured by collateral including business assets, consumer assets, and commercial and residential real estate.

Finance: draft 13-week cash view by Friday.

Cullman Bancorp, Inc. (CULL) - Canvas Business Model: Customer Relationships

You're running a community bank in Cullman County, Alabama, so your customer relationships are the absolute core of how you get deposits and make loans. This isn't about high-volume, anonymous transactions; it's about knowing the local business owners and homeowners by name.

The highly personalized, relationship-driven service model centers around the four full-service locations Cullman Savings Bank operates within Cullman County. The bank explicitly states it relies upon personalized customer service and long-standing relationships with customers to attract and retain local deposits. This local focus means the service delivery is inherently relationship-based, contrasting with larger regional or national competitors.

For lending, the expectation is that you have dedicated loan officers handling commercial and residential requests. While the exact number of dedicated officers isn't public, the structure supports this: Cullman Savings Bank seeks to obtain deposits directly from its commercial loan customers. This intertwining of deposit gathering and lending is a hallmark of a relationship-driven model, where the loan officer serves as the primary relationship manager.

Automated self-service is present, but it supports, rather than replaces, the core relationship. Nationally, over 83% of U.S. adults used digital banking services as of 2025, setting the baseline expectation for convenience. Cullman Bancorp, Inc. must meet this standard through its digital banking and mobile app offerings, even as its primary value proposition remains face-to-face service at its local branches.

Community involvement builds the long-term trust that underpins these relationships. The entire operation is concentrated in Cullman County, meaning every community initiative directly impacts the customer base and reinforces the bank's local image, which is a key factor in attracting funds.

Here are the key operational and financial figures that support the scale of these customer relationships as of mid-2025:

Metric	Value (as of Date)
Total Assets	$447,538 thousand (June 30, 2025)
Total Deposits	$289,293 thousand (June 30, 2025)
Full-Service Locations	4 (Late 2024/Early 2025)
Total Employees	57 (September 30, 2025)
Common Stock Outstanding	6,134,908 shares (June 30, 2025)

The bank's ability to maintain this service level is tied to its capital structure; for instance, regulators noted that during 2025, the Bank could, without prior approval, declare dividends of approximately $3,433 thousand plus any 2025 net profits retained to the dividend declaration date.

You're focused on maintaining high-touch service within a defined geographic area, using your four branches as the physical anchor for your relationship strategy. Finance: draft the Q3 2025 customer retention rate analysis by next Tuesday.

Cullman Bancorp, Inc. (CULL) - Canvas Business Model: Channels

You're looking at how Cullman Bancorp, Inc. gets its products-deposits and loans-to its customers as of late 2025. It's a mix of the traditional, face-to-face banking you expect from a community institution, blended with the digital tools customers now demand.

The physical footprint remains central to their community presence. As of the second quarter of 2025, Cullman Savings Bank, the primary subsidiary, operated 5 offices. This physical network is where relationship banking happens, especially for complex transactions or for customers who prefer in-person service.

Channel Component	Metric	Value (as of 6/30/2025)	Context/Detail
Physical Branches	Number of Offices	5	All locations are situated within Cullman County, Alabama.
Personnel	Number of Employees	54	Staff supporting all channels, including loan origination.
Digital Access	Total Deposits Managed (in thousands)	$299,526	Deposits held across all channels (branch/digital).

Digital channels are definitely where the convenience factor lives. Cullman Bancorp, Inc. supports 24/7 account access through its online and mobile banking platforms. While the exact number of active digital users isn't public in the latest filings, the bank's overall balance sheet shows total assets reaching $447,538 thousand as of June 30, 2025, indicating that the digital infrastructure is supporting a substantial asset base.

For lending, direct origination staff operating from the main office at 316 Second Avenue, S.W., Cullman, Alabama, handle the primary loan flow. This centralized approach helps maintain underwriting consistency for their core products, which include one- to four-family residential mortgage loans and commercial real estate loans. The Net Loans & Leases portfolio stood at $362,147 thousand as of June 30, 2025.

Beyond the main digital and branch interfaces, the bank uses supporting infrastructure to complete the service picture:

• ATMs for cash access across the service area.
• Telephone banking services for routine account inquiries and transactions.
• Direct mailings and in-office materials for product promotion.

The bank's strategy seems focused on leveraging its deep local roots, supported by technology that keeps pace with modern expectations. If onboarding for new digital services takes longer than expected, churn risk rises defintely.

Finance: draft 13-week cash view by Friday.

Cullman Bancorp, Inc. (CULL) - Canvas Business Model: Customer Segments

You're looking at the core groups Cullman Bancorp, Inc. serves, which are deeply rooted in the local economy of Cullman County, Alabama. Honestly, for a regional bank like Cullman Bancorp, Inc., the customer segments aren't abstract; they are your neighbors and local businesses.

Individuals and Families in Cullman County, Alabama, Seeking Residential Mortgages

This group represents the backbone of the lending side. Cullman Bancorp, Inc. focuses on originating one- to four-family residential mortgage loans, often secured by owner-occupied properties in their market area. They originate these loans with loan-to-value ratios up to $\mathbf{89.99\%}$ for owner-occupied homes. The total net loan portfolio, which includes these residential mortgages, stood at $\mathbf{\$364,459}$ thousand as of June 30, 2025.

Key characteristics of this segment include:

• Origination of long-term permanent loans.
• Focus on owner-occupied one- to four-family residences.
• Loan-to-value ratios generally up to $\mathbf{89.99\%}$.

Small to Medium-Sized Businesses Needing Commercial Real Estate and C&I Loans

Cullman Bancorp, Inc. actively seeks to grow its commercial real estate lending, which finances purchases, refinancings, and improvements for properties like office buildings, retail, and restaurants within their primary market. Commercial real estate loans are secured by first liens on the property. The bank also provides Commercial and Industrial (C&I) loans. These business-focused loans, along with residential, form the primary investment for the deposits they gather.

Here's a look at the scale of their lending and deposit base as of mid-2025:

Metric (in thousands)	June 30, 2025	December 31, 2024
Total Assets	$\mathbf{447,538}$	$\mathbf{432,245}$
Total Loans, net of allowance	$\mathbf{364,459}$	$\mathbf{355,699}$
Total Deposits	$\mathbf{289,293}$	$\mathbf{280,115}$

Local Retail Customers Requiring Checking, Savings, and CD Accounts

This segment provides the essential funding base. Cullman Savings Bank operates four full-service locations in Cullman County, Alabama, serving the general public for their deposit needs. As of June 30, 2025, total deposits reached $\mathbf{\$289,293}$ thousand. You can see how that funding is structured right here:

• Total Deposits as of June 30, 2025: $\mathbf{\$289,293}$ thousand.
• Interest Bearing Deposits: $\mathbf{\$277,652}$ thousand.
• Non-Interest Bearing Deposits: $\mathbf{\$11,641}$ thousand.

The bank also uses Federal Home Loan Bank advances, which stood at $\mathbf{\$55,000}$ thousand on June 30, 2025, to supplement these local deposits for funding operations.

Investors in the Public Stock (CULL) Seeking Dividends and Equity Returns

This segment consists of shareholders who own Cullman Bancorp, Inc. common stock, traded on NASDAQ under the symbol CULL. As of September 30, 2025, the market capitalization was $\mathbf{\$70.6M}$ based on $\mathbf{5.98M}$ shares outstanding, with a stock price of $\mathbf{\$11.50}$. The ownership structure shows a heavy reliance on the general public for equity support.

Here's the ownership breakdown from the latest available data:

• General Public ownership: $\mathbf{92.1\%}$ ($\mathbf{5,237,336}$ shares).
• Individual Insiders ownership: $\mathbf{7.93\%}$ ($\mathbf{451,384}$ shares).

Key insiders hold significant stakes; for instance, as of March 24, 2025, CEO John Riley beneficially owned $\mathbf{1,057,253}$ shares, representing $\mathbf{15.9\%}$ of the outstanding shares. Finance: draft 13-week cash view by Friday.

Cullman Bancorp, Inc. (CULL) - Canvas Business Model: Cost Structure

You're looking at the core expenses Cullman Bancorp, Inc. has to cover just to keep the lights on and the money moving. For a community bank like Cullman Bancorp, Inc., the cost structure is heavily weighted toward funding costs and operational overhead across its physical footprint.

The most significant cost driver, as with any depository institution, is the cost of funds. This involves the interest paid out to depositors and the cost of borrowing from the Federal Home Loan Bank (FHLB) system. You need to keep a close eye on the balance sheet impact here, as the prompt indicates a specific level of external funding.

Here's a quick look at the key cost components we can quantify based on the latest available data structure:

Cost Element	Financial Metric/Amount	Period/Context
Interest Expense on Deposits and FHLB Advances	$55.0M outstanding	FHLB Advances Outstanding (as provided)
Total Noninterest Expense	$9.388 million	Nine months ended 9/30/2025
Branch Network Size	5	Network Footprint

Beyond the direct cost of money, the day-to-day running of the bank involves substantial fixed and semi-variable costs. These are the expenses tied directly to maintaining the physical presence and the human capital required to serve the Cullman County market.

The personnel costs are defintely a major component of the noninterest expense base. You're paying for the folks who manage the books, process the transactions, and, critically, originate the loans that drive the bank's primary revenue. This includes:

• Significant personnel and compensation costs for branch staff.
• Significant personnel and compensation costs for loan officers.

Then you have the costs associated with the physical infrastructure. Operating a community bank means maintaining a physical presence for customer trust and service. This covers the real estate and technology supporting that network. For Cullman Bancorp, Inc., this means accounting for the overhead of its physical locations:

• Occupancy and equipment expenses for the 5-branch network.

When you aggregate the operational costs, the total noninterest expense for the first nine months of 2025 gives you a clear benchmark for overhead control. That figure was $9.388 million for the nine months ended 9/30/2025. Honestly, managing that number relative to net interest income is where the near-term profitability challenge lies.

Cullman Bancorp, Inc. (CULL) - Canvas Business Model: Revenue Streams

You're looking at how Cullman Bancorp, Inc. brings in the money, which for a bank like this, boils down to the spread between what it earns on its assets and what it pays on its liabilities, plus various fees. Honestly, it's all about the balance sheet working hard for them.

The largest piece, by far, is the income derived from their lending activities. You need to keep an eye on the net interest margin, but the gross revenue from the loan book is the engine. For the first nine months of 2025, the gross interest earned on loans was reported at $15.967 million.

Beyond the core lending income, Cullman Bancorp, Inc. collects various fees. These non-interest income sources provide a nice diversification, though they are smaller in scale compared to the interest income. Service charges on deposit accounts are a steady, predictable stream.

Here's a look at the key income components based on the latest available detailed figures, which are for the six months ended June 30, 2025, alongside the required 9-month loan interest figure:

Revenue Source Component	Amount (Dollars in thousands)	Period
Net Interest Income (Total)	7,757	6M 2025
Interest Income from Loans (Gross)	Implied from 9M figure	9M 2025
Interest Income from Loans (Gross)	11,220	6M 2025
Service Charges on Deposit Accounts	546	6M 2025
Interest from Securities (Taxable & Tax Exempt)	350	6M 2025
Interest from Federal Funds Sold and Other	263	6M 2025
Dividend Income (from Securities)	110	6M 2025

The net interest income figure of $7,757 thousand for the first half of 2025 shows the result after subtracting interest paid on deposits and borrowings from the total interest earned. This is the real measure of their core banking profitability before accounting for credit losses.

For the other fee-based revenue streams, you see the following specific figures from the six months ended June 30, 2025:

• Service charges and fees levied on deposit accounts totaled $546 thousand for the six months ended June 30, 2025.
• Income on bank owned life insurance contributed $149 thousand for the same six-month period.
• The gain on sales of mortgage loans was negligible, reported as $0 thousand for the three months ended June 30, 2025, and $0 thousand for the six months ended June 30, 2025.

When you look at the interest and dividends from securities and federal funds sold, you combine several line items from the income statement. This is the income Cullman Bancorp, Inc. earns from its investment portfolio and short-term cash placements. Here's the quick math for the six months ended June 30, 2025:

Interest and dividends from securities and federal funds sold (6M 2025) is the sum of:

• Securities, taxable: $342 thousand
• Securities, tax exempt: $8 thousand
• Dividend Income: $110 thousand
• Federal funds sold and other: $263 thousand

This totals $723 thousand in interest and dividend income from non-loan assets for the first half of 2025. Loan origination and servicing fees are generally embedded within the 'Loans, including fees' line item for interest income, or sometimes in 'Other' noninterest income, but a distinct, large fee component separate from the gross loan interest isn't explicitly itemized in the provided statements for 2025.

Finance: draft 13-week cash view by Friday.