Consumers Bancorp Revenue, Net Income & 10-K Summary

Overview

Company type: Bank holding company regulated under the Bank Holding Company Act of 1956 (BHCA); principal focus on owning and supporting its subsidiary bank.
Primary subsidiary: Consumers National Bank (CNB), a U.S. national bank chartered in Ohio, acquired in February 1995.
Business model: Attract customer deposits to fund commercial, mortgage, and consumer lending; offer related financial services including mortgage, financial planning, and investment services to individuals, farmers, and small- to medium-sized businesses.
Corporate objective: Provide financial solutions with personalized service, local decision making, and modern banking technology.
Main office: 614 East Lincoln Way, Minerva, Ohio.

Primary market area: Counties in Ohio including Carroll, Columbiana, Jefferson, Mahoning, Stark, and Summit; contiguous counties in northeast Ohio; parts of western Pennsylvania and northern West Virginia.
Customer base: Individuals, farmers, and small- to medium-sized businesses.
Community involvement: Participates in community banking activities and CRA-related programs; CRA rating reported as satisfactory.

Footprint (as of June 30, 2026): 23 full-service branch locations and 1 loan production office (LPO).
Communities served: Adena, Alliance, Bergholz, Brewster, Calcutta, Canton, Carrollton, Dillonvale, East Canton, Fairlawn, Green, Hanoverton, Hartville, Jackson-Belden, Lisbon, Louisville, Malvern, Massillon, Minerva, Mount Pleasant, Salem, Waynesburg, Wellsville; and Boardman LPO.
Facility ownership: Ownership and lease status are tracked for each location; all 23 full-service branches and the LPO are part of the Bank’s physical footprint.

CNB Investment Co. (CNBI): Wholly owned subsidiary formed in November 2024 to invest in municipal securities and complement the Bank’s investment activities.

Regulatory authorities:
- Holding company: Securities and Exchange Commission (SEC) and Federal Reserve Board (FRB) under BHCA.
- Bank (CNB): Office of the Comptroller of the Currency (OCC) and Federal Deposit Insurance Corporation (FDIC).
Capital and risk framework:
- Operates under Basel III capital requirements and met well-capitalized thresholds as of June 30, 2026.
- Did not participate in the Community Bank Leverage Ratio (CBLR) as of June 30, 2026; management plans to elect CBLR when eligible and compliant, effective September 30, 2026. If elected, CBLR would satisfy risk-based and leverage capital requirements and result in well-capitalized treatment under CCBD/Prompt Corrective Action rules.
- Adopted CECL on July 1, 2023, and elected to phase in the day-one effect for regulatory capital purposes as a smaller reporting company.
- Enforcement authority for capital, liquidity, and safety-and-soundness actions rests with OCC, FRB, and FDIC.

Privacy: Complies with the Gramm-Leach-Bliley Act (GLBA) privacy provisions and applicable state privacy laws.
Cybersecurity: Governance aligned with the NIST Cybersecurity Framework, including an Incident Response Plan and board-level reporting through the Risk & Technology Committee.
Incident reporting: Subject to federal banking agency incident notification requirements and SEC guidance for registrants where applicable.

Core activities: Deposit gathering, loan origination (commercial, mortgage, consumer), and delivery of investment services.
Investment portfolio: Includes U.S. government-sponsored agency securities, municipal obligations, and mortgage-backed securities issued by U.S. government-sponsored entities.
CNBI supports the Bank’s municipal securities investment activity.

Staffing (as of June 30, 2026): 190 full-time employees and 11 part-time employees.
Labor relations: No collective bargaining agreements; management reports positive employee relations.

Reporting: Files annual, quarterly, and current reports, proxy statements, and other required information with the SEC.
Availability: Financial reports and governance documents, including the Code of Ethics, are available on the Company website (consumers.bank) and are provided to shareholders on request.