UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
(Amendment No. 1)
CURRENT REPORT
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Explanatory Note
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Item 2.02. Results of Operations and Financial Condition
On September 18, 2024, the Company issued a press release announcing its financial results for the three months and year ended June 30, 2024. A copy of the press release was furnished as Exhibit 99.1 to the Company’s Current Report on Form 8-K filed on September 18, 2024. In the press release, the Company reported that, for the year ended June 30, 2024, (i) the average rate earned on interest-earning assets increased by 223 basis points to 6.16%, and (ii) the average rate paid on interest-bearing liabilities increased 272 basis points to 4.17%. However, in connection with the preparation of its financial statements for the fiscal year ended June 30, 2024, the Company has since determined that for the fiscal year ended June 30, 2024, (i) the average rate earned on interest-earning assets increased 69 basis points to 4.62%, and (ii) the average rate paid on interest-bearing liabilities increased 168 basis points to 3.13%.
The information contained in this Item 2.02 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as expressly set forth by specific reference in such filing.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
KENTUCKY FIRST FEDERAL BANCORP | ||
Date: October 3, 2024 | By: | /s/ Tyler Eades |
Tyler Eades | ||
Vice President and Chief Financial Officer |
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