Central Plains Bancshares, Inc. is a Maryland-based bank holding company that owns Home Federal Savings, primarily engaged in residential and commercial real estate lending in Nebraska, with assets of approximately $509 million and a recent IPO on NASDAQ.

# Company Summary: Central Plains Bancshares, Inc.

## Overview
- **Type:** Maryland corporation and bank holding company
- **Main Operating Entity:** Home Federal Savings and Loan Association of Grand Island ("Home Federal Savings")
- **Public Company:** Yes, trades on NASDAQ under the symbol **CPBI**
- **Initial Public Offering:** Completed on October 19, 2023
  - Sold 4,130,815 shares at $10.00 per share
  - Gross proceeds: approximately $41.3 million
  
## Business Activities
- **Core Business:** Accepts deposits from the public and invests them in various loans and securities
- **Focus of Lending:**
  - Primarily in **residential mortgage loans** secured by properties within the primary market area
  - Additionally in **commercial real estate loans**
  - Also originates **commercial non-real estate loans**, **multi-family residential loans**, **construction and land development loans**, **agricultural loans**, and **consumer loans**
- **Loan Portfolio Composition (as of March 31, 2025):**
  - Total loans: **$402.2 million**
  - Real estate - Construction: **$15.1 million** (3.75%)
  - Real estate - Commercial: **$120.2 million** (29.88%)
  - Real estate - Residential: **$161.1 million** (40.06%)
  - Commercial non-real estate: **$32 million** (7.96%)
  - Agricultural: **$42.8 million** (10.65%)
  - Other consumer loans: **$14.6 million** (3.64%)
  - Land development and SIDs: **$16.3 million** (4.06%)

## Customer and Employee Data
- **Number of Employees:** 73 total (68 full-time and 5 part-time)
- **Customers:** The company has approximately **253 registered stockholders** as of June 16, 2025, with around **155 depositors holding uninsured deposits** (average uninsured balance: $354,000 per depositor)

## Financial Highlights (as of March 31, 2025)
- **Assets:** **$508.7 million**
- **Deposits:** **$416.2 million**
- **Stockholders’ Equity:** **$83.3 million**
- **Revenue (Interest Income):** **$24.7 million** for the year ending March 31, 2025
  - Net interest income after provision for loan losses: **$16.3 million**
- **Net Income:** **$3.7 million** for the same period
- **Loan Growth:** Increase of **$22 million** from last year
- **Deposit Growth:** Increase of **$41.1 million** from last year

## Regulatory and Operating Details
- **Main Office Location:** 221 South Locust Street, Grand Island, Nebraska
- **Additional Offices:** 8 branches across Nebraska (Grand Island, Hastings, Holdrege, Lexington, Lincoln, Superior)
- **Regulated by:** Office of the Comptroller of the Currency (OCC)
- **Additional:** The company is a savings and loan holding company regulated by the Federal Reserve Board, with various regulatory capital and lending limits in place

## Summary
Central Plains Bancshares, Inc. operates primarily by owning 100% of Home Federal Savings, which has a focus on residential and commercial real estate lending within Nebraska, especially in areas like Grand Island, Hastings, and Lincoln. The company generates most of its revenue from interest income on loans, with a total asset base of approximately $509 million and a net income of about $3.7 million as of March 31, 2025. It has a diverse loan portfolio concentrated in real estate and agricultural loans, with a sizable deposit base and a modest capital position to support ongoing operations.

Central Plains Bancshares, Inc. is a Maryland-based financial holding company providing banking and financial services through its subsidiary in central Nebraska.

# Central Plains Bancshares, Inc. Overview

## Company Profile
Central Plains Bancshares, Inc. is a financial holding company incorporated in Maryland, primarily operating through its subsidiary, Home Federal Savings and Loan Association of Grand Island ("Home Federal Savings"). The company primarily engages in providing a range of banking and financial services to customers located in central Nebraska.

### Business Activities
- **Depository Services:** 
  - Offers various deposit accounts including savings accounts, checking accounts, and certificates of deposit (CDs).
  
- **Lending Services:**
  - Provides residential mortgage loans, commercial loans, consumer loans, agricultural loans, and business loans to individuals and businesses.

- **Financial Planning and Wealth Management:**
  - The company offers services related to financial planning and wealth management, including investment advisory services through affiliated professionals.

### Customer Base and Employees
- **Customers:** Central Plains Bancshares serves a diverse array of customers including individuals, families, and businesses across central Nebraska. Specific customer numbers were not disclosed in the report, but it indicates a commitment to the local community.

- **Employees:** As of June 21, 2024, Central Plains Bancshares had 45 employees, including its executive leadership team.

### Financial Performance
- **Revenue:** For the year ended March 31, 2024, the company reported revenues mainly from interest income generated through its lending activities, alongside service charges and fees linked to deposit accounts.

- **Net Income:** The company reported a net income for the fiscal year ending March 31, 2024, with significant contributions from both interest and non-interest income streams. Specific figures for revenue and net income were not detailed in the report, but the overall performance reflects a steady growth trajectory.

### Market Presence
- **Stock Exchange:** Central Plains Bancshares, Inc. has its common stock listed on the NASDAQ Capital Market under the trading symbol CPBI.

- **Business Philosophy:** The company emphasizes community involvement and customer service as key pillars of its business operations, aiming to meet the financial needs of its customers effectively while fostering growth in the regions it serves.

### Corporate Structure
- The company is led by a Board of Directors comprising experienced professionals from diverse industries including healthcare, agriculture, finance, and retail.

- Executive leadership includes:
  - **Steven D. Kunzman:** Chairman & CEO
  - **Kurt A. Haecker:** Executive Vice President & Chief Lending Officer
  - **Lisa A. Harris:** Executive Vice President & Chief Operating Officer

### Conclusion
Central Plains Bancshares, Inc. plays an essential role in fostering the economic growth of its community by offering comprehensive financial services tailored to meet the needs of its customers. The company prides itself on being deeply rooted in the local community, with a commitment to providing exceptional service and contributing to the overall economic well-being of central Nebraska.

Central Plains Bancshares, Inc.

10-K / June 26, 2025

10-K / July 29, 2024

10-K / June 26, 2025

Company Summary: Central Plains Bancshares, Inc.

Overview

Business Activities

Customer and Employee Data

Financial Highlights (as of March 31, 2025)

Regulatory and Operating Details

Summary