The company has not filed an annual or quarterly report since its Q2 FY2020 10-Q, filed Feb 12, 2020. Its latest SEC filing is a 15-12B from May 11, 2020.
10-Q for Q2 FY2020, filed Feb 12, 2020
The sections below describe the company as of the FY2018 annual report.
Takes deposits from local communities and makes residential and commercial real estate loans for home buyers, property owners and small businesses.
10-K for FY2018, filed Sep 26, 2019Our principal business consists of attracting deposits from the general public in the communities where our offices are located, and…View ↗
Residential Real Estate Loans. Our primary residential lending activity consists of the origination of one-to-four family residential real…View ↗
Commercial Real Estate Loans. We originate commercial real estate loans, including multi-family real estate loans. These loans are…View ↗
Commercial Loans. At June 30, 2019, we had $10.3 million in commercial business loans, which amounted to 2.7% of total loans. We make such…View ↗
Earns interest from loans and securities and charges fees for making loans; when it sells loans, it may receive a cash gain or incur a loss.
10-K for FY2018, filed Sep 26, 2019Our profitability is highly dependent on our net interest income, which is the difference between our interest income on interest-earning…View ↗
Loan Origination Fees and Other Income. In addition to interest earned on loans, Putnam Bank receives loan origination fees. Such fees and…View ↗
During the fiscal year ended June 30, 2019, we originated $22.5 million of one-to-four family loans, of which we retained $21.0 million. We…View ↗
$18.7M
10-K for FY2018, filed Sep 26, 2019
$18.7M ↗
Local depositors bank through the bank’s offices. Home and commercial borrowers work with loan staff at its branches and loan center.
10-K for FY2018, filed Sep 26, 2019Our principal business consists of attracting deposits from the general public in the communities where our offices are located, and…View ↗
Our market area has a relatively stable population and household base. We currently operate out of eight offices, which are located in…View ↗
Origination, Purchase, Sale and Servicing of Loans. Lending activities are conducted primarily by our loan personnel operating at our eight…View ↗
Yes. It kept 23 cents of every revenue dollar as net income in FY2018 and turned 33 cents into free cash flow.
10-K for FY2018, filed Sep 26, 2019
8-K, filed May 1, 2020
Under the terms of the Merger Agreement, each share of PB Bancorp common stock was converted into the right to receive $15.25 in cash (the…View ↗
Grew.
Revenue grew 8% in 1 year, from $17.3M in FY2017 to $18.7M in FY2018, about 8% a year.
10-K for FY2018, filed Sep 26, 2019
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