Kentucky First Federal Bancorp (KFFB): Business Model Canvas [Dec-2025 Updated]

If you think community banks can't move the needle, take a look at Kentucky First Federal Bancorp (KFFB); this isn't some sleepy regional player, but a focused operation with $371.2 million in assets that just posted a 33.9% year-over-year jump in Net Interest Income for Q3 2025. Honestly, their success isn't some secret sauce, but a masterclass in executing the basics: being the primary local lender for one-to four-family residential mortgages and securing stable funding from folks who trust them-a model that netted $8.84 million in total revenue for FY 2025. I've mapped out their entire Business Model Canvas below, showing exactly how their approximately 55 employees and seven branches translate into this kind of performance, so dig in to see the mechanics behind their community-first strategy.

Kentucky First Federal Bancorp (KFFB) - Canvas Business Model: Key Partnerships

You're looking at the essential external relationships Kentucky First Federal Bancorp (KFFB) relies on to operate and fund its business as of late 2025. These aren't just vendors; they are critical links for liquidity, compliance, and business flow.

Federal Home Loan Bank (FHLB) for wholesale funding and advances remains a key part of the funding structure, though KFFB has shown efforts to reduce reliance on this source. For example, at December 31, 2024, FHLB advances stood at $61.8 million, which represented a reduction of $7.2 million or 10.4% compared to June 30, 2024, as the company worked to lower higher-cost funding sources. This relationship also ties into loan servicing, as KFFB serviced $25.3 million in loans for the FHLB-Cincinnati as of June 30, 2025.

The relationship with the Core technology provider for data processing and digital banking platforms is evident in operational expenses. For the three months ended September 30, 2025, data processing expense totaled $226,000, marking an increase of $62,000 or 37.8% over the prior year period, driven by increased rates and the addition of new products from this provider.

Regulatory bodies (OCC, FDIC) for compliance oversight dictate the operational boundaries. As of March 31, 2025, First Federal Savings Bank of Kentucky was reported to be exceeding the OCC's individual minimum capital requirements. You can see this in the reported ratios:

Regulatory Metric	Value as of March 31, 2025
Common Equity Tier 1 Capital Ratio	16.72%
Leverage Ratio	10.13%

For mortgage origination, the partnership with local real estate agents and brokers for mortgage origination referrals is supported by the composition of the loan book. As of June 30, 2025, residential mortgage loans, which include construction and multi-family loans, amounted to $276.2 million, comprising 83.6% of the total loan portfolio. The bank earns income from fees charged on origination and interest spread premiums when selling these fixed-rate mortgages into the secondary market.

Regarding Correspondent banks for interbank services and liquidity, specific partner names aren't detailed, but the use of interbank liquidity tools is shown by the increase in fed funds sold, which grew by 2,327.5% to $17.1 million as of March 31, 2025, suggesting active use of correspondent or interbank markets for cash management.

Here's a summary of the quantifiable partnership elements:

• FHLB Advances balance as of December 31, 2024: $61.8 million.
• Core Technology Expense for Q3 2025: $226,000.
• Loans serviced for FHLB-Cincinnati as of June 30, 2025: $25.3 million.
• Residential Mortgage Portfolio as of June 30, 2025: $276.2 million.
• Fed Funds Sold balance as of March 31, 2025: $17.1 million.

Finance: draft Q4 2025 liquidity forecast by Tuesday.

Kentucky First Federal Bancorp (KFFB) - Canvas Business Model: Key Activities

You're looking at the core things Kentucky First Federal Bancorp (KFFB) has to do every day to keep the lights on and make money. It's all about turning deposits into loans and managing the risks that come with that balance sheet.

Residential mortgage loan origination and servicing

The primary engine for Kentucky First Federal Bancorp is originating and servicing residential mortgage loans, mostly one- to four-family residential mortgages within its Kentucky market areas. The loan portfolio, which consists of loans net and loans held-for-sale in the aggregate, totaled $326.8 million as of September 30, 2025. Management is actively focused on high-quality originations, aiming to shift the loan portfolio towards higher-earning loans. The activity of selling loans into the secondary market is a recognized part of the operation, as evidenced by non-interest income increasing due to net gains on sales of loans for the three months ended September 30, 2025. The company also offers other loans secured by churches, commercial real estate, multi-family real estate, and deposit accounts, plus home equity loans through its subsidiary. Honestly, the loan portfolio saw a slight decrease, down 0.4% or $1.4 million from the end of the prior quarter.

Attracting and managing customer deposits (checking, savings, CDs)

A crucial activity is attracting and managing customer deposits to fund the loan book. Total deposits stood at $271.4 million at September 30, 2025, representing a decrease of $6.1 million or 2.2% from the prior quarter. Management has a stated strategy to increase core deposits and reduce reliance on higher cost funding sources. The interest expense on interest-bearing liabilities is actively managed; for the quarter ending September 30, 2025, total interest expense decreased to $2.5 million, down from $2.750 million in the prior year period, partly due to the average rate paid on interest-bearing liabilities decreasing 22 basis points to 3.33%.

Investment portfolio management (e.g., mortgage-backed securities)

Kentucky First Federal Bancorp manages an investment portfolio, which includes mortgage-backed securities, to deploy excess liquidity and manage interest rate risk. At March 31, 2025, the securities portfolio had decreased by 15.0% or $1.4 million to $8.2 million, driven by prepayments and repayments. The company is actively monitoring its asset/liability position, using third-party calculations to maintain acceptable levels of change in the economic value of equity (EVE) and earnings in response to interest rate shifts. The decrease in unrealized losses on the investment portfolio contributed to a decrease of $66,000 in accumulated other comprehensive loss between June 30, 2025, and September 30, 2025.

Regulatory compliance and risk management

This is a non-negotiable activity for Kentucky First Federal Bancorp. First Federal of Kentucky is currently operating under a formal written agreement with the Office of the Comptroller of the Currency (OCC), which mandates maintaining specific capital ratios and implementing strategic and risk management plans. Managing credit risk is central; non-performing loans decreased to approximately $3.2 million, which is 1.0% of total loans as of September 30, 2025, down from 1.2% the previous quarter. The allowance for credit losses (ACL) covered 67.1% of nonperforming loans at that date. The bank is required to maintain specific capital ratios, and as of March 31, 2025, the leverage ratio was 10.13%.

Managing a network of 7 physical branch locations

The physical presence is maintained through a network of seven banking offices across Kentucky. This network supports the core deposit-gathering and loan-servicing activities. The locations are distributed as follows:

• Hazard, Kentucky: One banking office (First Federal Savings and Loan Association of Hazard).
• Frankfort, Kentucky: Three banking offices (First Federal Savings Bank of Kentucky).
• Danville, Kentucky: Two banking offices.
• Lancaster, Kentucky: One banking office.

Also, data processing expense, which relates to the technology supporting these operations, increased by 37.8% or $62,000 to total $226,000 for the three months ended September 30, 2025, due to increased rates from the core provider.

Here's a quick look at how the core balance sheet components supporting these activities stack up as of the third quarter close:

Financial Metric	Amount as of September 30, 2025	Change from Prior Period (if available)
Total Assets	$366.5 million	Decreased $4.7 million or 1.3% from June 30, 2025
Total Deposits	$271.4 million	Decreased $6.1 million or 2.2% from June 30, 2025
Loans, Net	$326.5 million	Decreased $798,000 from June 30, 2025
Non-Performing Loans	$3.2 million	1.0% of total loans
Shareholders' Equity	$48.8 million	Increased $410,000 or 0.8% from June 30, 2025

The focus on managing the loan portfolio quality and deposit base is definitely driving the improved Net Interest Income, which was $2.504 million for the quarter, up from $1.870 million year-over-year. Finance: draft the 13-week cash view by Friday.

Kentucky First Federal Bancorp (KFFB) - Canvas Business Model: Key Resources

You're looking at the core assets Kentucky First Federal Bancorp (KFFB) relies on to execute its community banking model. These aren't just line items; they are the foundation for lending and deposit gathering in their specific Kentucky markets. Let's break down the hard numbers supporting their operations as of late 2025.

Financial Capital: This is the balance sheet muscle. As of June 30, 2025, Kentucky First Federal Bancorp reported Total Assets of $371.2 million. This figure represents the total resources available to support lending activities and maintain liquidity. To give you a clearer picture of the structure supporting those assets, here's a quick look at the key components from the end of the fiscal year:

Financial Metric	Amount (as of June 30, 2025)
Total Assets	$371.2 million
Total Deposits (Base for Growth Calculation)	$277.6 million
Loans, Net	$327.2 million
Stockholders' Equity	$48.4 million

Stable Funding Base: A bank lives and dies by its deposits. For the fiscal year ending June 30, 2025, Kentucky First Federal Bancorp saw its Total deposits increase by 8.4%. That growth signals customer trust, which is crucial for reducing reliance on more volatile or costly funding sources like Federal Home Loan Bank (FHLB) advances. To be fair, the most recent data point shows deposits slightly declined by September 30, 2025, but the FYE growth is the key indicator of the year's success in attracting core funding.

Human Capital: People run the branches and manage the risk. As of June 29, 2025, Kentucky First Federal Bancorp was staffed by approximately 55 employees. That relatively lean headcount supports the operations across their physical footprint, suggesting a focus on efficiency in their local service model.

Physical Assets: The tangible presence in the community is vital for a regional bank. Kentucky First Federal Bancorp operates a network of seven banking offices across Kentucky counties. These locations are the direct touchpoints for their customer segments. You can map out where they serve customers:

• One office in Hazard, Kentucky (First Federal Savings and Loan Association of Hazard).
• Six offices serving Frankfort, Danville, and Lancaster, Kentucky (First Federal Savings Bank of Kentucky).

Institutional Ownership: The governance structure is anchored by its mutual holding company. First Federal MHC holds approximately 58.5% of shares. This majority stake by the MHC means the institution maintains a structure closely tied to its depositor/borrower base, which is a defining characteristic of its operational philosophy.

Finance: draft 13-week cash view by Friday.

Kentucky First Federal Bancorp (KFFB) - Canvas Business Model: Value Propositions

You're looking at what Kentucky First Federal Bancorp (KFFB) offers its customers, which is deeply tied to its community bank structure. The value proposition centers on service that larger institutions often can't match, backed by solid balance sheet figures from late 2025.

Community-focused, personalized relationship banking

The core value is the relationship banking model, operating through branches in areas like Perry, Franklin, Boyle, and Garrard counties in Kentucky. This local presence supports personalized service, a key differentiator from national banks. The commitment to the region is evident in the loan origination strategy, where substantially all loans are made within the Banks' respective market areas. The bank returned to meaningful profitability in Calendar Q3 2025 with a net income of $344,000, or $0.04 diluted earnings per share, showing operational focus.

Primary lender for one-to four-family residential mortgages

Kentucky First Federal Bancorp's lending activity is fundamentally anchored in residential mortgages. This focus provides stability and deep expertise in the local housing market. While the most recent specific breakdown is from mid-2024, residential mortgage loans historically represent the bulk of the portfolio. The total loan portfolio, net and loans held-for-sale in the aggregate, stood at $326.8 million at the end of the third quarter of 2025. The average rate earned on interest-earning assets, driven by loan yields, rose to 5.59% in Q3 2025.

Secure and stable deposit products (CDs, checking, savings)

The bank offers essential deposit products designed for security and stability for individuals, families, and local businesses. Total deposits at September 30, 2025, were $271.4 million. This figure reflected an increase of $21.4 million or 8.4% as of June 30, 2025, as the bank actively worked to increase deposits and reduce reliance on Federal Home Loan Bank (FHLB) advances. The average rate paid on interest-bearing liabilities was managed down to 3.33% in Q3 2025, helping to improve the net interest margin.

Local decision-making and deep regional market expertise

A key promise is local decision-making, meaning loan approvals are handled by people familiar with the local economic conditions, such as those in Perry County where median household income was reported at $46,572 in the most recent available data. This contrasts with centralized underwriting. The bank's ability to generate Net Interest Income of $2.504 million in Q3 2025, up from $1.870 million in the prior year period, shows effective management within its specific regional context.

Diverse loan offerings: commercial real estate, home equity, and consumer loans

Beyond primary residential mortgages, Kentucky First Federal Bancorp provides necessary credit to support broader local economic activity. This diversity helps manage portfolio risk. The company also offers loans secured by churches, commercial real estate, and multi-family real estate, alongside home equity loans and consumer installment loans. Net gains on sales of loans, driven by demand for fixed-rate secondary market loans, contributed to non-interest income, which totaled $153,000 in Q3 2025, an increase of 11.7%.

Here's a quick look at some key financial metrics as of late 2025:

Metric	Value (as of late 2025)	Context/Period
Total Assets	$366.5 million	September 30, 2025
Total Loans, Net	$326.8 million	End of Q3 2025
Total Deposits	$271.4 million	September 30, 2025
Net Income	$344,000	Three months ended September 30, 2025
Total Annual Revenue	$8.84 million	Full Year 2025
Average Loan Yield	5.71%	Q3 2025

The bank's product mix in lending includes:

• One-to four-family residential mortgage loans.
• Loans secured by churches.
• Commercial real estate loans.
• Multi-family real estate loans.
• Home equity loans.
• Consumer installment loans.

The focus on managing funding costs is also a value driver for depositors, as the average rate paid on interest-bearing liabilities decreased by 22 basis points to 3.33% in Q3 2025.

Finance: draft 13-week cash view by Friday.

Kentucky First Federal Bancorp (KFFB) - Canvas Business Model: Customer Relationships

You're looking at how Kentucky First Federal Bancorp (KFFB) keeps its customers close, which is really the heart of a community bank's model. It's a blend of old-school, face-to-face interaction and the digital tools everyone expects now.

Relationship-driven model via in-branch personal service

The core relationship strategy for Kentucky First Federal Bancorp is definitely built around personal service delivered through its physical footprint. As of late 2025, the company operates through its subsidiaries across a focused geographic area, maintaining a tangible local presence.

The physical network consists of:

• One banking office in Hazard, Kentucky (First Federal Savings and Loan Association of Hazard).
• Three banking offices in Frankfort, Kentucky.
• Two banking offices in Danville, Kentucky.
• One banking office in Lancaster, Kentucky.

This totals 6 domestic offices where customers can receive in-person service. This local service focus is supported by the fact that deposits grew by $21.2 million or 8.3% for the nine months ending March 31, 2025, which suggests growing customer trust in these local relationships.

Dedicated local loan officers for mortgage and commercial clients

For your more complex needs, especially lending, Kentucky First Federal Bancorp relies on dedicated local personnel. This is where the relationship moves from transactional to advisory. The bank's loan portfolio composition shows where this focus lies, with residential mortgage loans, including construction and multi-family, making up 83.6% of the total loan portfolio, totaling $276.2 million as of June 30, 2025.

You can see the commitment to lending by looking at the structure of their services:

Loan Type Focus	Portfolio Value (as of 6/30/2025)	Percentage of Total Loans
Residential Mortgage Loans (incl. Construction/Multi-family)	$276.2 million	83.6%
Total Loans, Net (as of 9/30/2025)	$326.5 million	100.0%

The availability of loan officers to discuss fixed-rate and adjustable-rate mortgages with terms up to 30 years is a direct relationship touchpoint for these key customer segments.

Transactional service via online and mobile banking platforms

While the personal touch is key, Kentucky First Federal Bancorp supports its customers with digital channels for everyday banking. The bank offers mobile banking, which includes features like mobile deposit, P2P Payments, and eStatements. This aligns with broader market trends where digital access is paramount; in 2025, 72% of U.S. adults use mobile banking apps. The bank's strategy is to offer these transactional tools while keeping the personal service available for anything more complex.

Key digital features available include:

• 24/7 account management via the mobile app.
• Mobile deposit functionality.
• P2P Payments and A2A Payments availability.
• Online loan payment portal.

Long-term trust built on a century of community presence

The trust Kentucky First Federal Bancorp builds is rooted in its history within its service area, which includes Perry, Franklin, Boyle, and Garrard counties in Kentucky. While the holding company structure dates to 2005, the underlying bank, First Federal Savings Bank of Kentucky, has roots going back much further, established in 1934. This long history is a massive intangible asset in community banking. The total deposits held by the company reached $271.4 million as of September 30, 2025, which is a concrete measure of that sustained community confidence.

Direct communication with shareholders and local stakeholders

For the ownership group, communication is direct and transparent, often through required regulatory filings and annual meetings. As of November 2025, ownership structure shows a significant portion held by the mutual holding company, First Federal MHC, which held approximately 58.5% of the 8,086,715 shares outstanding as of September 30, 2025. The remaining public float is distributed among smaller groups:

Shareholder Group (as of Nov 2025)	Holding Percentage
Insiders	1.05%
Institutional Investors	3.65%
Mutual Funds	2.12%

The company held its annual shareholder meeting on November 18, 2025, to elect directors and ratify accounting firms. For investors, the book value per share was reported at $6.03 at September 30, 2025, and the stock traded at $3.93 on November 7, 2025, giving the company a market capitalization of $31.8M. This financial transparency is the direct communication channel to the investment community.

Kentucky First Federal Bancorp (KFFB) - Canvas Business Model: Channels

You're looking at how Kentucky First Federal Bancorp (KFFB) gets its value proposition to its customers as of late 2025. The channel strategy clearly centers on a localized physical presence supported by necessary digital access points.

The physical branch network remains a core component, serving the specific market areas in Kentucky. As of the third quarter of 2025, Kentucky First Federal Bancorp operates a total of 7 banking offices across its subsidiaries, First Federal Savings and Loan Association of Hazard and First Federal Savings Bank of Kentucky. These locations are concentrated in Hazard, Frankfort, Danville, and Lancaster, Kentucky, supporting the company's primary market focus. At September 30, 2025, the Company's total assets stood at $366.5 million. This physical footprint is key to their community-focused delivery model.

Office Location	Subsidiary Entity	Number of Offices
Hazard, Kentucky	First Federal Savings and Loan Association of Hazard	1
Frankfort, Kentucky	First Federal Savings Bank of Kentucky	3
Danville, Kentucky	First Federal Savings Bank of Kentucky	2
Lancaster, Kentucky	First Federal Savings Bank of Kentucky	1

For remote access, Kentucky First Federal Bancorp provides an online banking portal. This platform is used by customers for essential account management tasks and bill payment services. While specific user adoption rates for the portal as of late 2025 aren't public, the bank actively encourages customer feedback through channels including online reviews, showing an integration point with their digital service layer. The bank reported total revenue of $8.84 million for the 2025 fiscal year.

Complementing the web portal is the mobile banking application, which facilitates remote transactions for account holders. This channel is necessary for modern banking convenience, allowing customers to handle basic banking needs away from a physical office or desktop. The bank's loan portfolio totaled $326.5 million net at the end of the third quarter of 2025.

For immediate cash access, the network relies on ATMs for basic transactions. The precise number of ATMs deployed across the service area is not explicitly detailed in the latest filings, but they serve as a critical, always-on touchpoint for liquidity management for customers. The bank's strategy involves supporting economic growth in its communities through various lending products.

Customer acquisition and awareness are driven through targeted outreach, which includes direct mail and local advertising in market areas. This traditional marketing approach aligns with the community bank structure, aiming to reach residents and small businesses within the counties they serve. The company's strategy emphasizes high-quality loan originations and risk management.

The primary customer interaction points are:

• Physical branch locations for in-person service and complex transactions.
• Online portal access for self-service account maintenance.
• Mobile application for on-the-go banking functions.
• ATM network for immediate cash withdrawals.
• Targeted local marketing for outreach and awareness.

Kentucky First Federal Bancorp (KFFB) - Canvas Business Model: Customer Segments

You're looking at the core groups Kentucky First Federal Bancorp (KFFB) serves, which are deeply rooted in its regional footprint across Perry, Franklin, Boyle, and Garrard counties in Kentucky. The bank's business model centers on taking deposits from the general public and deploying that capital into secured lending activities. Here's the quick math on who they are serving as of late 2025.

Individuals and families requiring residential mortgage and consumer loans

This group represents the largest portion of the loan book. KFFB's primary lending focus is on one- to four-family residential mortgage loans. You can see the composition of the total loan portfolio, which stood at $326.8 million as of September 30, 2025, by looking at the breakdown available from mid-year 2025 data, which management is actively working to shift towards higher-earning loans.

Loan Type Segment (as of June 30, 2025)	Percentage of Total Loan Portfolio	Estimated Dollar Amount (Using $326.8M total)
Residential Mortgage Loans (Primary Focus)	Not explicitly stated as a single percentage	Majority of the portfolio
Home Equity Loans (Second Mortgages)	4.5%	$14.71 million
Loans Secured by Savings Deposits	0.3%	$0.98 million
Automobile or Unsecured Loans (Consumer)	Remainder of Consumer Loans	Approximately $1.61 million (Total Consumer Loans $16.3M)

The total consumer loan balance at June 30, 2025, was $16.3 million, which represented 5.0% of the total loan portfolio at that time. Consumer loans generally carry greater risk than residential mortgages, so this segment is managed carefully.

Local small to mid-sized businesses needing commercial real estate and non-mortgage loans

While residential mortgages are the core, Kentucky First Federal Bancorp also supports local commercial activity. The bank offers loans secured by commercial real estate and also provides multi-family loans and construction loans as part of its primary products. Management is focused on shifting the loan portfolio towards higher-earning loans, which often includes commercial real estate lending.

General public seeking secure, interest-bearing deposit accounts

This segment provides the necessary funding base for KFFB's lending activities. Total deposits were reported at $271.4 million as of September 30, 2025. The bank seeks to increase core deposits to reduce reliance on higher-cost funding sources like FHLB advances, which stood at $61.8 million at December 31, 2024.

• Total Deposits (September 30, 2025): $271.4 million.
• Savings Account Deposits showed growth of $1.6 million (as of December 31, 2024).
• Certificates of Deposit showed growth of $10.3 million (as of December 31, 2024).

The average rate paid on interest-bearing liabilities was 3.33% for the quarter ending September 30, 2025.

Retail investors holding KFFB common stock

These are the individuals and entities holding ownership in the holding company, Kentucky First Federal Bancorp. Their interest lies in the stability and profitability of the bank, which saw a net income of $344,000 for the quarter ending September 30, 2025.

Metric	Value (as of late 2025)
Stock Price (as of November 7, 2025)	$3.93
Market Capitalization (as of November 7, 2025)	$31.8M
Shares Outstanding (as of September 30, 2025)	Approximately 8,086,715 shares
Book Value Per Share (as of September 30, 2025)	$6.03

Approximately 58.5% of the shares outstanding were held by investors as of September 30, 2025.

Non-profit organizations, such as churches, seeking real estate financing

This niche segment is served through the bank's willingness to offer loans secured by churches, as opportunities arise, alongside its other real estate-secured lending. This demonstrates a commitment to serving specific community-based entities within its operating region, which includes Hazard, Frankfort, Danville, and Lancaster, Kentucky.

Kentucky First Federal Bancorp (KFFB) - Canvas Business Model: Cost Structure

You're looking at the cost side of Kentucky First Federal Bancorp's (KFFB) operations as of late 2025. For a community bank like KFFB, the cost structure is dominated by the cost of money-interest paid to depositors and lenders-and the cost of running the physical and digital infrastructure.

Interest Expense is the largest variable cost. For the three months ended September 30, 2025, Total Interest Expense was reported at $2.548 million, which was a decrease of $202,000 or 7.3% compared to the prior year period. This reduction happened even though the average rate paid on interest-bearing liabilities was 3.33% for the quarter. This expense primarily covers interest paid on certificates of deposit and borrowings, such as advances from the Federal Home Loan Bank (FHLB).

Personnel Costs are tied to the team supporting the operations across the network. First Federal Savings Bank of Kentucky has 59 total employees. While specific 2025 salary and benefits figures aren't fully detailed for the third quarter, employee compensation and benefits for the three months ended December 31, 2024, decreased by $62,000 or 4.9% compared to the prior year period.

Non-Interest Expense shows specific pressures, particularly in technology. For the three months ended September 30, 2025, Non-interest expense increased by $191,000 period over period. The data processing expense component saw a significant jump, increasing by $62,000 or 37.8% to total $226,000 for the quarter, driven by increased rates and additional products from the core provider.

The physical footprint includes 7 branches across Kentucky. Occupancy and Equipment Costs support these locations: one office in Hazard, three in Frankfort, two in Danville, and one in Lancaster. Specific dollar amounts for these costs for 2025 are not explicitly detailed in the latest reports, but they are a core component of the non-interest expense base.

As a federally chartered savings bank, Regulatory and compliance costs are a constant. Kentucky First Federal Bancorp is operating under a formal written agreement with the Office of the Comptroller of the Currency (OCC), which mandates maintaining specific capital ratios and implementing risk management plans. This regulatory oversight drives ongoing compliance and professional service fees, which for Q3 2025 included Outside service fees totaling $160,000, an increase of $90,000 or 128.6%.

Here's a look at the key components of the Non-Interest Expense for the three months ended September 30, 2025, compared to the prior year period:

Cost Component	Q3 2025 Amount	Period-over-Period Change
Data Processing Expense	$226,000	Increase of $62,000 (37.8%)
Outside Service Fees	$160,000	Increase of $90,000 (128.6%)
Total Non-Interest Expense Change	N/A	Increase of $191,000

You should note the following operational facts impacting the cost structure:

• Employee Count: Approximately 59 total employees.
• Branch Network: 7 banking offices.
• Regulatory Status: Under a formal written agreement with the OCC.
• Interest-Bearing Liability Rate (Q3 2025 Avg): 3.33%.

Finance: draft 13-week cash view by Friday.

Kentucky First Federal Bancorp (KFFB) - Canvas Business Model: Revenue Streams

You're looking at the core ways Kentucky First Federal Bancorp (KFFB) brings in money as of late 2025. It's all about the spread between what they earn on assets and what they pay for funds, plus a smaller piece from fees.

The Total Revenue for FY 2025, which covers the full twelve months ending around September 30, 2025, was reported at $8.84 million. That's up from $7.25 million the prior year, showing top-line growth.

The biggest driver is Net Interest Income (NII), which is the difference between interest earned and interest paid. For the quarter ending September 30, 2025, KFFB posted NII of $2.5 million. Honestly, that's a big jump, representing a 33.9% increase year-over-year.

Here's a quick look at the key income components from that strong Q3 2025 performance:

Revenue Component	Q3 2025 Amount (USD)
Net Interest Income	$2.5 million
Total Interest Income	$5.05 million
Total Interest Expense	$2.55 million

Drilling down into Interest Income from Loans, you see the primary engine of the bank. The average rate earned on interest-earning assets rose 53 basis points to 5.59% in Q3 2025, with the loan yield specifically climbing 63 basis points to 5.71%. The loan portfolio itself is concentrated in specific asset classes, which is typical for a community-focused institution like KFFB.

The composition of that loan book, which generates that interest income, centers on:

• Primarily one- to four-family residential mortgage loans.
• Loans secured by commercial real estate.
• Multi-family real estate loans.

Next up is Interest Income from Investment Securities and fed funds sold. While the prompt asks for this specific breakdown, the latest reports focus on the total interest income of $5.05 million for Q3 2025. We do know that fed funds sold, an asset used for short-term liquidity management, saw a massive increase of $7.9 million or 1,120.0% as of June 30, 2025, suggesting a shift in how they managed excess cash that quarter.

Finally, there's Non-interest income from service charges and fees. This segment saw a slight uptick in Q3 2025, reportedly due to stronger loan sale gains. For Q3 2025, this component, when calculated against the reported total revenue aggregation of $2.66 million (NII + Noninterest Income), was approximately $160,000.

Finance: draft 13-week cash view by Friday.