Capitol Federal Financial, Inc. 10-Q

Item 1. Financial Statements CAPITOL FEDERAL FINANCIAL, INC. AND SUBSIDIARY CONSOLIDATED BALANCE SHEETS (Unaudited) (Dollars in thousands, except per share amounts) March 31, September 30, 2026 2025 ASSETS: Cash and cash equivalents (includes interest-earning deposits of $ 314,655 and $ 229,566 ) $ 330,925 $ 252,443 Available-for-sale ("AFS"), at estimated fair value (amortized cost of $ 795,659 and $ 847,369 ) 809,566 867,216 Loans receivable, net (allowance for credit losses ("ACL") of $ 26,599 and $ 24,039 ) 8,114,205 8,111,961 Federal Home Loan Bank Topeka ("FHLB") stock, at cost 79,420 90,662 Premises and equipment, net 88,413 89,314 Income taxes receivable, net 927 220 Deferred federal income tax assets, net 22,789 23,826 Other assets 382,835 343,059 TOTAL ASSETS $ 9,829,080 $ 9,778,701 LIABILITIES: Deposits $ 6,924,491 $ 6,591,448 Borrowings 1,707,055 1,950,770 Advances by borrowers 57,528 65,416 Deferred state income tax liabilities, net 2,591 2,056 Other liabilities 111,689 121,334 Total liabilities 8,803,354 8,731,024 STOCKHOLDERS' EQUITY: Preferred stock, $ 0.01 par value; 100,000,000 shares authorized, no shares issued or outstanding — — Common stock, $ 0.01 par value; 1,400,000,000 shares authorized, 127,688,691 and 132,204,305 shares issued and outstanding as of March 31, 2026 and September 30, 2025, respectively 1,277 1,322 Additional paid-in capital 1,110,648 1,142,711 Unearned compensation, Employee Stock Ownership Plan ("ESOP") ( 23,954 ) ( 24,780 ) Accumulated deficit ( 73,805 ) ( 87,331 ) Accumulated other comprehensive income ("AOCI"), net of tax 11,560 15,755 Total stockholders' equity 1,025,726 1,047,677 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 9,829,080 $ 9,778,701 See accompanying notes to consolidated financial statements. 3 CAPITOL FEDERAL FINANCIAL, INC. AND SUBSIDIARY CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (Dollars in thousands, except per share amounts) For the Three Months Ended For the Six Months Ended March 31, March 31, 2026 2025 2026 2025 INTEREST AND DIVIDEND INCOME: Loans receivable $ 89,323 $ 80,867 $ 179,115 $ 162,261 Mortgage-backed securities ("MBS") 10,853 11,264 22,194 22,288 Cash and cash equivalents 2,474 2,729 5,247 4,600 FHLB stock 1,858 2,285 3,890 4,637 Investment securities 52 1,030 103 2,011 Total interest and dividend income 104,560 98,175 210,549 195,797 INTEREST EXPENSE: Deposits 36,299 35,853 73,799 73,198 Borrowings 15,995 18,482 33,167 36,529 Total interest expense 52,294 54,335 106,966 109,727 NET INTEREST INCOME 52,266 43,840 103,583 86,070 PROVISION FOR CREDIT LOSSES 2,372 — 3,478 677 NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 49,894 43,840 100,105 85,393 NON-INTEREST INCOME: Deposit service fees 2,690 2,596 5,562 5,303 Income from bank-owned life insurance ("BOLI") 1,151 747 2,116 1,295 Insurance commissions 512 927 1,301 1,703 Other non-interest income 1,106 683 1,959 1,345 Total non-interest income 5,459 4,953 10,938 9,646 NON-INTEREST EXPENSE: Salaries and employee benefits 15,828 14,938 31,575 29,170 Information technology and related expense 5,425 4,924 10,559 9,474 Occupancy, net 3,265 3,502 6,715 6,835 Professional and other services 1,579 1,469 3,368 2,582 Federal insurance premium 1,110 1,095 2,221 2,133 Advertising and promotional 645 760 1,701 1,582 Deposit and loan transaction costs 768 879 1,484 1,470 Office supplies and related expense 511 437 992 836 Other non-interest expense 1,143 1,536 2,135 2,606 Total non-interest expense 30,274 29,540 60,750 56,688 INCOME BEFORE INCOME TAX EXPENSE 25,079 19,253 50,293 38,351 INCOME TAX EXPENSE 4,931 3,854 9,841 7,521 NET INCOME $ 20,148 $ 15,399 $ 40,452 $ 30,830 Basic earnings per share ("EPS") $ 0.16 $ 0.12 $ 0.32 $ 0.24 Diluted EPS $ 0.16 $ 0.12 $ 0.32 $ 0.24 Basic weighted average common shares 126,631,125 130,025,900 127,804,904 129,999,144 Diluted weighted average common shares 126,631,125 130,025,900 127,804,904 129,999,144 See accompanying notes to consolidated financial statements. 4 CAPITOL FEDERAL FINANCIAL, INC. AND SUBSIDIARY CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) (Dollars in thousands) For the Three Months Ended For the Six Months Ended March 31, March 31, 2026 2025 2026 2025 Net income $ 20,148 $ 15,399 $ 40,452 $ 30,830 Other comprehensive income (loss), net of tax: Unrealized (losses) gains on AFS securities arising during the period, net of taxes of $ 1,619 , $( 2,151 ), $ 1,435 and $ 1,590 ( 5,079 ) 6,750 ( 4,505 ) ( 4,992 ) Unrealized gains (losses) on cash flow hedges arising during the period, net of taxes of $( 182 ), $ 225 , $( 208 ) and $( 531 ) 569 ( 706 ) 652 1,669 Reclassification adjustment for cash flow hedge amounts included in net income, net of taxes of $ 44 , $ 177 , $ 109 and $ 399 ( 136 ) ( 554 ) ( 342 ) ( 1,252 ) Total other comprehensive (loss) income, net of tax ( 4,646 ) 5,490 ( 4,195 ) ( 4,575 ) Comprehensive income $ 15,502 $ 20,889 $ 36,257 $ 26,255 See accompanying notes to consolidated financial statements. 5 CAPITOL FEDERAL FINANCIAL, INC. AND SUBSIDIARY CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) (Dollars in thousands, except per share amounts) For the Six Months Ended March 31, 2026 Additional Unearned Total Common Paid-In Compensation Accumulated Stockholders' Stock Capital ESOP Deficit AOCI Equity Balance at September 30, 2025 $ 1,322 $ 1,142,711 $ ( 24,780 ) $ ( 87,331 ) $ 15,755 $ 1,047,677 Net income 20,304 20,304 Other comprehensive income, net of tax 451 451 ESOP activity ( 145 ) 413 268 Stock-based compensation 99 99 Repurchase of common stock and excise taxes ( 24 ) ( 16,438 ) ( 16,462 ) Cash dividends to stockholders ($ 0.085 per share) ( 11,017 ) ( 11,017 ) Balance at December 31, 2025 1,298 1,126,227 ( 24,367 ) ( 78,044 ) 16,206 1,041,320 Net income $ 20,148 20,148 Other comprehensive loss, net of tax ( 4,646 ) ( 4,646 ) ESOP activity ( 118 ) 413 295 Stock-based compensation 94 94 Repurchase of common stock and excise taxes ( 21 ) ( 15,555 ) ( 15,576 ) Cash dividends to stockholders ($ 0.125 per share) ( 15,909 ) ( 15,909 ) Balance at March 31, 2026 $ 1,277 $ 1,110,648 $ ( 23,954 ) $ ( 73,805 ) $ 11,560 $ 1,025,726 For the Six Months Ended March 31, 2025 Additional Unearned Total Common Paid-In Compensation Accumulated Stockholders' Stock Capital ESOP Deficit AOCI Equity Balance at September 30, 2024 $ 1,327 $ 1,146,851 $ ( 26,431 ) $ ( 111,104 ) $ 21,627 $ 1,032,270 Net income 15,431 15,431 Other comprehensive loss, net of tax ( 10,065 ) ( 10,065 ) ESOP activity ( 149 ) 412 263 Restricted stock activity, net 1 ( 1 ) — Stock-based compensation 101 101 Cash dividends to stockholders ($ 0.085 per share) ( 11,061 ) ( 11,061 ) Balance at December 31, 2024 1,328 1,146,802 ( 26,019 ) ( 106,734 ) 11,562 1,026,939 Net income 15,399 15,399 Other comprehensive income, net of tax 5,490 5,490 ESOP activity ( 172 ) 413 241 Stock-based compensation 103 103 Cash dividends to stockholders ( 0.085 per share) ( 11,062 ) ( 11,062 ) Balance at March 31, 2025 $ 1,328 $ 1,146,733 $ ( 25,606 ) $ ( 102,397 ) $ 17,052 $ 1,037,110 See accompanying notes to consolidated financial statements. 6 CAPITOL FEDERAL FINANCIAL, INC. AND SUBSIDIARY CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (Dollars in thousands) For the Six Months Ended March 31, 2026 2025 CASH FLOWS FROM OPERATING ACTIVITIES: Net income $ 40,452 $ 30,830 Adjustments to reconcile net income to net cash provided by operating activities: FHLB stock dividends ( 3,890 ) ( 4,637 ) Provision for credit losses 3,478 677 Originations of loans receivable held-for-sale ("LHFS") — ( 407 ) Proceeds from sales of LHFS — 334 Amortization and accretion of premiums and discounts on securities ( 1,699 ) ( 1,662 ) Depreciation and amortization of premises and equipment 3,507 3,662 Amortization of intangible assets 127 274 Amortization of deferred amounts related to FHLB advances, net 651 725 Common stock committed to be released for allocation - ESOP 563 504 Stock-based compensation 193 204 Amortization of net deferred loan fees and premiums ( 1,863 ) ( 116 ) Changes in: Unrestricted cash collateral from derivative counterparties, net 700 870 Other assets, net 5,166 2,964 Income taxes receivable, net ( 710 ) ( 1,040 ) Deferred income tax assets, net 2,912 1,572 Other liabilities ( 10,698 ) ( 13,641 ) Net cash provided by operating activities 38,889 21,113 CASH FLOWS FROM INVESTING ACTIVITIES: Purchase of AFS securities ( 22,889 ) ( 209,458 ) Proceeds from calls, maturities and principal reductions of AFS securities 76,298 99,387 Proceeds from the redemption of FHLB stock 15,132 6,478 Net change in loans receivable ( 3,297 ) 30,507 Purchase of BOLI ( 45,000 ) — Proceeds from BOLI death benefit — 667 Purchase of premises and equipment ( 2,910 ) ( 1,908 ) Proceeds from sale of premises and equipment — 43 Proceeds from sale of other real estate owned ("OREO") 278 110 Net cash provided by (used in) investing activities 17,612 ( 74,174 ) (Continued) 7 CAPITOL FEDERAL FINANCIAL, INC. AND SUBSIDIARY CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (Dollars in thousands) For the Six Months Ended March 31, 2026 2025 CASH FLOWS FROM FINANCING ACTIVITIES: Net change in deposits 333,043 242,563 Proceeds from borrowings 425,100 350,100 Repayments on borrowings ( 667,477 ) ( 387,456 ) Payment of FHLB prepayment penalties ( 2,147 ) — Cash dividends paid ( 26,926 ) ( 22,123 ) Repurchase of common stock and excise tax payments ( 31,724 ) — Change in advances by borrowers ( 7,888 ) ( 6,941 ) Net cash provided by financing activities 21,981 176,143 NET INCREASE IN CASH AND CASH EQUIVALENTS 78,482 123,082 CASH AND CASH EQUIVALENTS: Beginning of period 252,443 217,307 End of period $ 330,925 $ 340,389 8 Notes to Consolidated Financial Statements (Unaudited) 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation - The consolidated financial statements include the accounts of Capitol Federal Financial, Inc.® (the "Company") and its wholly-owned subsidiary, Capitol Federal Savings Bank (the "Bank"). The Bank has two wholly-owned subsidiaries, Capitol Funds, Inc. and Capital City Investments, Inc. Capitol Funds, Inc. has a wholly-owned subsidiary, Capitol Federal Mortgage Reinsurance Company. Capital City Investments, Inc. is a real estate and investment holding company. All intercompany accounts and transactions have been eliminated in consolidation. The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. These statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2025, filed with the Securities and Exchange Commission ("SEC"). Interim results are not necessarily indicative of results for a full year. Recent Accounting Pronouncements - In October 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2023-06, Disclosure Improvements - Codification Amendments in Response to the SEC's Disclosure Update and Simplification Initiative. This ASU incorporates a variety of Topics into the FASB Accounting Standards Codification (the "Codification") that are currently included in SEC Regulations S-X and S-K. The ASU is intended to align the accounting standards of GAAP with SEC Regulations S-X and S-K. Each amendment in the ASU will only become effective for the Company if the SEC removes the related disclosure or presentation requirement from its existing regulations by June 30, 2027. The amendments will be applied prospectively by the Company. The adoption of this ASU may result in disclosures currently presented outside of the Company's financial statements being relocated to the Company's financial statements. If the SEC has not removed the applicable requirements from Regulation S-X or S-K by June 30, 2027, the pending content of the related amendment will be removed from the Codification and will not become effective for the Company. The ASU is not expected to have a material impact on the Company's disclosures as the Company is currently subject to SEC Regulations S-X and S-K. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740) - Improvements to Income Tax Disclosures . This ASU requires public business entities to provide additional annual disclosures regarding specific categories of the income tax rate reconciliation using both percentages and currency amounts with certain reconciling items being further broken out by nature and jurisdiction to the extent those items exceed a certain quantitative threshold. The ASU also requires annual disclosures of income taxes paid (net of refunds received) disaggregated by federal, state, and foreign taxes and the amount of income taxes paid (net of refunds received) disaggregated by individual jurisdictions that meet a certain quantitative threshold. This ASU also discontinues certain other income tax disclosures. The ASU is effective for public business entities for annual periods beginning after December 15, 2024 which is the fiscal year ending September 30, 2026 for the Company. Early adoption is permitted for annual financial statements that have not yet been issued or made available for issuance. This ASU should be applied on a prospective basis; however, retrospective application is permitted. The Company's financial condition, results of operations and cash flows will not be impacted by this guidance; however, the guidance will impact the Company's income tax footnote disclosures. The Company is currently evaluating the effect this ASU will have on the Company's income tax footnote disclosures. In March 2024, the FASB issued ASU 2024-02, Codification Improvements - Amendments to Remove References to the Concepts Statements . This ASU removes references to various FASB Concept Statements to simplify the Codification and provide a distinction between authoritative and nonauthoritative literature. This ASU is effective for the Company on October 1, 2025, starting with its Form 10-K for the fiscal year ending September 30, 2026. This ASU is not expected to have a material impact on the Company's consolidated financial statements and disclosures. In November 2024, the FASB issued ASU 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures . This ASU requires additional expense disclosures by public entities in the notes to the financial statements. The ASU outlines the specific costs that are required to be disclosed, which include costs such as: purchases of inventory, employee compensation, depreciation, intangible asset amortization, selling costs, and depreciation, depletion, and amortization related to oil and gas production. It also requires qualitative descriptions of the amounts remaining in the relevant expense income statement captions that are not separately disaggregated quantitatively in the notes to the financial statements and the entity's definition of selling expenses. The disclosures are required for each interim and annual reporting period. The ASU is effective for fiscal years beginning after December 15, 2026, which is the fiscal year ending September 30, 2028 for the Company. In January 2025, the FASB issued ASU 2025-1, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures: Clarifying the Effective Date. The FASB clarified the interim reporting date when an entity adopts ASU 2024-03. Per ASU 2025-01, ASU 2024-03 is effective for interim periods within fiscal years beginning after December 15, 2027, which is the quarter ending December 31, 2028 9 for the Company. The Company is currently evaluating the effect this ASU will have on the Company's expense disclosures in the notes to the consolidated financial statements. In September 2025, the FASB issued ASU 2025-06, Intangibles - Goodwill and Other - Internal-use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software. This ASU updates Subtopic 350-40 by modernizing the accounting for internal-use software costs, including clarifying when entities should begin capitalizing eligible costs related to developing or obtaining software for internal use, implementing a cloud computing arrangement as a customer, and developing websites. The ASU is effective for fiscal years beginning after December 15, 2027, which is the fiscal year ending September 30, 2029 for the Company, and interim periods within fiscal years beginning after December 15, 2027, which is the quarter ending December 31, 2028 for the Company. Early adoption is permitted for any interim or annual period for which financial statements have not yet been issued or made available for issuance as of the beginning of the entity's fiscal year. The Company is currently evaluating the effect this ASU will have on the Company's consolidated financial statements and disclosures, but it is not expected to have a material impact. In December 2025, the FASB issued ASU 2025-11, Interim Reporting (Topic 270): Narrow-Scope Improvements. This ASU does not change the overall purpose of interim reporting or alter the scope of existing disclosure requirements; rather, the ASU is intended to provide more clarity and make interim disclosure requirements under Topic 270 easier to navigate. The ASU also requires entities to disclose events occurring after the end of the most recent annual reporting period that have a material impact on the entity. The ASU is effective for interim reporting periods within annual reporting periods beginning after December 15, 2027, which is the quarter ended December 31, 2028 for the Company. The Company is currently evaluating the impact this ASU will have on the Company's interim consolidated financial statements and disclosures. In December 2025, the FASB issued ASU 2025-12, Codification Improvements . This ASU is intended to enhance the Codification by refining guidance and simplifying its application through technical corrections, helping to enhance consistency and make the standards easier for preparers and users to interpret. The ASU is effective for fiscal years beginning after December 15, 2026, which is the fiscal year ending September 30, 2028 for the Company, and the interim periods within fiscal years beginning after December 15, 2026, which is the quarter ended December 31, 2027 for the Company. The Company is currently evaluating the impact this ASU will have on the Company's consolidated financial statements and disclosures. 2. EARNINGS PER SHARE Shares acquired by the ESOP are not included in basic average shares outstanding until the shares are committed for allocation or vested to an employee's individual account. Unvested shares awarded pursuant to the Company's restricted stock benefit plans are treated as participating securities in the computation of EPS pursuant to the two-class method, as they contain nonforfeitable rights to dividends. The two-class method is an earnings allocation that determines EPS for each class of common stock and participating security. For the Three Months Ended For the Six Months Ended March 31, March 31, 2026 2025 2026 2025 (Dollars in thousands, except per share amounts) Net income $ 20,148 $ 15,399 $ 40,452 $ 30,830 Income allocated to participating securities ( 24 ) ( 18 ) ( 49 ) ( 36 ) Net income available to common stockholders $ 20,124 $ 15,381 $ 40,403 $ 30,794 Total basic average common shares outstanding 126,631,125 130,025,900 127,804,904 129,999,144 Effect of dilutive stock options — — — — Total diluted average common shares outstanding 126,631,125 130,025,900 127,804,904 129,999,144 Net EPS: Basic $ 0.16 $ 0.12 $ 0.32 $ 0.24 Diluted $ 0.16 $ 0.12 $ 0.32 $ 0.24 Antidilutive stock options, excluded from the diluted average common shares outstanding calculation 182,810 267,439 201,857 290,390 10 3. SECURITIES The following tables reflect the amortized cost, estimated fair value, and gross unrealized gains and losses of AFS securities at the dates presented. The Company did not hold any tax-exempt securities during the six months ended March 31, 2026 or 2025. March 31, 2026 Gross Gross Estimated Amortized Unrealized Unrealized Fair Cost Gains Losses Value (Dollars in thousands) MBS $ 791,659 $ 14,642 $ 550 $ 805,751 Corporate bonds 4,000 — 185 3,815 $ 795,659 $ 14,642 $ 735 $ 809,566 September 30, 2025 Gross Gross Estimated Amortized Unrealized Unrealized Fair Cost Gains Losses Value (Dollars in thousands) MBS $ 843,369 $ 20,303 $ 172 $ 863,500 Corporate bonds 4,000 — 284 3,716 $ 847,369 $ 20,303 $ 456 $ 867,216 At March 31, 2026, AFS securities included $ 734.8 million of residential MBS and $ 70.9 million of commercial MBS. At September 30, 2025 AFS securities included $ 793.8 million of residential MBS and $ 69.7 million of commercial MBS. The following tables summarize the estimated fair value and gross unrealized losses of those AFS securities on which an unrealized loss at the dates presented was reported and the continuous unrealized loss position for less than 12 months and equal to or greater than 12 months as of the dates presented. March 31, 2026 Less Than 12 Months Equal to or Greater Than 12 Months Estimated Unrealized Estimated Unrealized Fair Value Losses Fair Value Losses (Dollars in thousands) MBS $ 54,007 $ 480 $ 5,199 $ 70 Corporate bonds — — 3,815 185 $ 54,007 $ 480 $ 9,014 $ 255 September 30, 2025 Less Than 12 Months Equal to or Greater Than 12 Months Estimated Unrealized Estimated Unrealized Fair Value Losses Fair Value Losses (Dollars in thousands) MBS $ 13,946 $ 55 $ 26,144 $ 117 Corporate bonds — — 3,716 284 $ 13,946 $ 55 $ 29,860 $ 401 11 The unrealized losses at March 31, 2026 were a result of an increase in market yields from the time the securities were purchased. In general, as market yields rise, the fair value of securities will decrease; as market yields fall, the fair value of securities will increase. Management did not record an ACL on securities in an unrealized loss position at March 31, 2026 as management did not believe any of the securities were impaired due to credit quality reasons. The issuers of these securities continue to make scheduled and timely principal and interest payments, as applicable, under the contractual term of the securities, so management believes the entire principal balance will be collected as scheduled. Additionally, management does not have the intent to sell any of the securities, and believes that it is more likely than not that the Company will not be required to sell the securities before the recovery of the remaining amortized cost, which could be at maturity. The fair value is expected to recover as the securities approach their maturity date, if not before, or if market yields decline. The amortized cost and estimated fair value of AFS debt securities as of March 31, 2026, by contractual maturity, are shown below. Actual principal repayments may differ from contractual maturities due to prepayment or early call privileges by the issuer. In the case of MBS, borrowers on the underlying loans generally have the right to prepay their loans without penalty. For this reason, MBS are not included in the maturity categories in the table below. Amortized Estimated Cost Fair Value (Dollars in thousands) Five years through ten years $ 4,000 $ 3,815 4,000 3,815 MBS 791,659 805,751 $ 795,659 $ 809,566 The following table summarizes the carrying value of securities pledged as collateral for the obligations indicated below as of the dates presented. March 31, 2026 September 30, 2025 (Dollars in thousands) Federal Reserve Bank of Kansas City ("FRB of Kansas City") borrowings $ 103,752 $ 91,130 Public unit deposits 99,018 150,916 $ 202,770 $ 242,046 12 4. LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES Loans receivable, net at March 31, 2026 and September 30, 2025 are summarized as follows: March 31, 2026 September 30, 2025 (Dollars in thousands) One- to four-family: Originated $ 3,676,252 $ 3,774,134 Correspondent purchased 1,905,759 2,000,216 Bulk purchased 109,675 114,231 Construction 16,123 16,054 Total 5,707,809 5,904,635 Commercial: Commercial real estate 1,896,313 1,709,990 Commercial and industrial 232,182 210,119 Commercial construction 189,251 195,886 Total 2,317,746 2,115,995 Consumer: Home equity 106,414 104,809 Other 7,327 8,436 Total 113,741 113,245 Total loans receivable 8,139,296 8,133,875 Less: ACL 26,599 24,039 Deferred loan fees/discounts 30,087 31,268 Premiums/deferred costs ( 31,595 ) ( 33,393 ) $ 8,114,205 $ 8,111,961 Lending Practices and Underwriting Standards - The Bank originates one- to four-family loans, originates and participates in commercial loans, and originates consumer loans primarily secured by one- to four-family residential properties. The Bank historically purchased one- to four-family loans from correspondent lenders, but during fiscal year 2024, the Bank suspended its one- to four-family correspondent lending channels for the foreseeable future. One- to four-family loans - Full documentation to support an applicant's credit and income, and sufficient funds to cover all applicable fees and reserves at closing, are required on all loans. Properties securing one- to four-family loans are appraised by either staff appraisers or fee appraisers, both of which are independent of the loan origination function. The underwriting standards for loans purchased from correspondent lenders were generally similar to the Bank's internal underwriting standards. The underwriting of loans purchased from correspondent lenders was performed by the Bank's underwriters on a loan-by-loan basis. The Bank also originates owner-occupied construction-to-permanent loans secured by one- to four-family residential real estate. Construction draw requests and the supporting documentation are reviewed and approved by designated personnel. The Bank also performs regular documented inspections of the construction project to ensure the funds are being used for the intended purpose and the project is being completed according to the plans and specifications provided. Commercial loans - The Bank's commercial loan portfolio includes loans originated by the Bank or in participation with a lead bank. For commercial participation loans, the Bank performs the same underwriting procedures as if the loan were originated by the Bank. When underwriting a commercial real estate or commercial construction loan, several factors are considered, such as the income producing potential of the property, cash equity provided by the borrower, the financial strength of the borrower, managerial expertise of the borrower or tenant, feasibility studies, lending experience with the borrower and the marketability of the property. At the time of origination, the loan-to-value ratio ("LTV") on commercial real estate loans generally does not exceed 85 % of the appraised value of the property securing the loans and the minimum debt service coverage ratio ("DSCR") is generally 1.15 x. The Bank generally 13 requires a guaranty on all commercial real estate loans, but for an experienced borrower with a strong DSCR and low LTV, the Bank may allow the guaranty percentage to be reduced or phased out, or the Bank may originate the loan as a non-recourse loan. For commercial construction loans, LTVs generally do not exceed 80 % of the projected appraised value of the property securing the loans and the minimum DSCR is generally 1.15 x, based upon projected cash flows and the contractual loan payments when the project stabilizes. The borrower must have successful experience with the construction and operation of properties similar to the subject property. Appraisals on properties securing these loans are performed by independent state certified fee appraisers. For construction loans, guaranties are typically required during the period of construction. After construction is complete, for select experienced borrowers that have a strong DSCR and low LTV, the guaranty may be reduced or phased out when the property meets certain performance metrics. Additionally, the Bank generally requires the borrower to contribute equity at the start of a project and prior to any Bank funding. The Bank's commercial and industrial loans are generally made to borrowers located in Kansas and are underwritten on the basis of the borrower's ability to service the debt from income. Working capital loans are primarily collateralized by short-term assets whereas term loans are primarily collateralized by longer-term assets. In general, commercial and industrial loans involve different types of credit risk than commercial real estate loans due to the nature of the loans and the type of collateral securing the loans. As a result of these complexities, variables and risks, commercial and industrial loans generally require evaluation of different metrics and factors before origination and require more monitoring and servicing after origination than other types of loans. Management regularly monitors the level of risk in the entire commercial loan portfolio, including concentrations in factors such as collateral type, geographic location, tenant brand name, borrowing relationship, and, in the case of participation loans, lending relationship, among other factors. Commercial borrowers with total loans of $ 2.5 million or more are reviewed at least annually to monitor financial performance. The annual reviews include evaluating updated financials, as well as performing stress tests to measure the ability of the borrowers to withstand certain stress scenarios such as interest rate increases, revenue decreases and expense increases. Consumer loans - The Bank offers a variety of consumer loans, the majority of which are home equity loans and lines of credit for which the Bank also has the first mortgage or the first lien position. The underwriting standards for consumer loans include a determination of an applicant's payment history on other debts and an assessment of an applicant's ability to meet existing obligations and payments on the proposed loan. Although creditworthiness of an applicant is a primary consideration, the underwriting process also includes a comparison of the value of the collateral in relation to the proposed loan amount. Credit Quality Indicators - Based on the Bank's lending emphasis and underwriting standards, management has segmented the loan portfolio into three segments: (1) one- to four-family; (2) consumer; and (3) commercial. These segments are further divided into classes for purposes of providing disaggregated credit quality information about the loan portfolio. The classes are: one- to four-family - originated, one- to four-family - correspondent purchased, one- to four-family - bulk purchased, consumer - home equity, consumer - other, commercial - commercial real estate, and commercial - commercial and industrial. One- to four-family construction loans are included in the originated class and commercial construction loans are included in the commercial real estate class. As part of the ongoing monitoring of the credit quality of the Company's loan portfolio, management tracks certain credit quality indicators, including trends related to loan classification and delinquency status. Loan Classification - In accordance with the Bank's asset classification policy, management regularly reviews the problem loans in the Bank's portfolio to determine whether any require classification. Loan classifications are defined as follows: • Special mention - These loans are performing loans on which known information about the collateral pledged or the possible credit problems of the borrower(s) have caused management to have doubts as to the ability of the borrower(s) to comply with present loan repayment terms and which may result in the future inclusion of such loans in the nonaccrual loan categories. • Substandard - A loan is considered substandard if it is inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Substandard loans include those characterized by the distinct possibility the Bank will sustain some loss if the deficiencies are not corrected. • Doubtful - Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses present make collection or liquidation in full on the basis of currently existing facts and conditions and values highly questionable and improbable. • Loss - Loans classified as loss are considered uncollectible and of such little value that their continuance as assets on the books is not warranted. 14 The following tables set forth, as of the dates indicated, the amortized cost of loans by class of financing receivable, year of origination or most recent credit decision, and loan classification. Amortized cost is the amount of unpaid principal of the loan, net of undisbursed funds, unamortized premiums and discounts, and deferred fees and costs. All revolving lines of credit and revolving lines of credit converted to term loans are presented separately, regardless of origination year. Loans classified as doubtful or loss are individually evaluated for loss. At March 31, 2026 and September 30, 2025, there were no loans classified as doubtful, and all loans classified as loss were fully charged-off. The commercial real estate substandard loan amount presented in the "Current Fiscal Year" column is primarily related to two loans in the same borrowing relationship that were modified during the current fiscal year. During the current quarter, an updated appraisal was received related to the collateral securing this lending relationship and as a result, a specific valuation allowance was recorded as of March 31, 2026. The loans associated with this lending relationship were on nonaccrual at both March 31, 2026 and September 30, 2025. The loans are recourse loans and have personal guarantees. March 31, 2026 Revolving Line of Current Fiscal Fiscal Fiscal Fiscal Revolving Credit Fiscal Year Year Year Year Prior Line of Converted Year 2025 2024 2023 2022 Years Credit to Term Total (Dollars in thousands) One- to four-family: Originated Pass $ 118,393 $ 227,023 $ 210,407 $ 278,931 $ 508,747 $ 2,312,503 $ — $ — $ 3,656,004 Special Mention — 480 763 1,501 1,213 4,555 — — 8,512 Substandard — — — 361 299 14,159 — — 14,819 Correspondent purchased Pass — — 500 282,798 422,286 1,212,420 — — 1,918,004 Special Mention — — — 1,668 — 722 — — 2,390 Substandard — — — 711 840 5,569 — — 7,120 Bulk purchased Pass — — — — — 106,343 — — 106,343 Special Mention — — — — — 1,596 — — 1,596 Substandard — — — — — 2,084 — — 2,084 118,393 227,503 211,670 565,970 933,385 3,659,951 — — 5,716,872 Commercial: Commercial real estate Pass 439,207 624,768 248,004 280,838 200,794 205,043 11,144 — 2,009,798 Special Mention — 6,847 — — 15,090 — 415 — 22,352 Substandard 40,386 — 297 2,631 160 2,101 198 — 45,773 Commercial and industrial Pass 38,932 88,088 23,359 23,840 12,409 6,497 36,930 — 230,055 Special Mention 114 — — — 30 — 220 — 364 Substandard 70 242 131 23 79 — 869 — 1,414 518,709 719,945 271,791 307,332 228,562 213,641 49,776 — 2,309,756 Consumer: Home equity Pass 2,347 4,961 4,891 3,196 3,233 2,921 77,486 7,490 106,525 Special Mention — — — 13 — — 64 79 156 Substandard — 98 — — — 4 32 34 168 Other Pass 1,538 2,311 1,359 958 641 107 358 — 7,272 Special Mention — — 10 — — — — — 10 Substandard 3 2 12 — 27 1 — — 45 3,888 7,372 6,272 4,167 3,901 3,033 77,940 7,603 114,176 Total $ 640,990 $ 954,820 $ 489,733 $ 877,469 $ 1,165,848 $ 3,876,625 $ 127,716 $ 7,603 $ 8,140,804 15 September 30, 2025 Revolving Line of Fiscal Fiscal Fiscal Fiscal Fiscal Revolving Credit Year Year Year Year Year Prior Line of Converted 2025 2024 2023 2022 2021 Years Credit to Term Total (Dollars in thousands) One- to four-family: Originated Pass $ 233,573 $ 232,879 $ 296,339 $ 529,728 $ 739,138 $ 1,722,587 $ — $ — $ 3,754,244 Special Mention — — 1,409 1,099 1,672 4,614 — — 8,794 Substandard — — 363 568 469 12,005 — — 13,405 Correspondent purchased Pass — 510 301,792 439,538 524,927 748,902 — — 2,015,669 Special Mention — — 1,441 523 366 367 — — 2,697 Substandard — — — 615 263 4,153 — — 5,031 Bulk purchased Pass — — — — — 110,862 — — 110,862 Special Mention — — — — — 1,564 — — 1,564 Substandard — — — — — 2,180 — — 2,180 233,573 233,389 601,344 972,071 1,266,835 2,607,234 — — 5,914,446 Commercial: Commercial real estate Pass 639,555 292,900 396,152 208,604 111,266 134,388 9,775 — 1,792,640 Special Mention 7,587 — 36,266 16,060 — 80 — — 59,993 Substandard 39,962 142 2,681 — 106 2,609 50 — 45,550 Commercial and industrial Pass 103,700 25,950 26,082 14,387 5,555 1,923 31,287 — 208,884 Special Mention — — — 44 — — 355 — 399 Substandard — 292 — 87 25 — 69 — 473 790,804 319,284 461,181 239,182 116,952 139,000 41,536 — 2,107,939 Consumer: Home equity Pass 5,609 5,532 3,513 3,755 1,064 2,166 75,067 7,937 104,643 Special Mention — — 33 — — — 251 42 326 Substandard 100 — — — — 11 57 42 210 Other Pass 3,629 1,877 1,354 824 175 49 416 — 8,324 Special Mention — — — — — — — — — Substandard 8 26 33 45 — — — — 112 9,346 7,435 4,933 4,624 1,239 2,226 75,791 8,021 113,615 Total $ 1,033,723 $ 560,108 $ 1,067,458 $ 1,215,877 $ 1,385,026 $ 2,748,460 $ 117,327 $ 8,021 $ 8,136,000 16 Delinquency Status - The following tables set forth, as of the dates indicated, the amortized cost of current loans, loans 30 to 89 days delinquent, and loans 90 or more days delinquent or in foreclosure ("90+/FC"), by class of financing receivable and year of origination or most recent credit decision as of the dates indicated. All revolving lines of credit and revolving lines of credit converted to term loans are presented separately, regardless of origination year. March 31, 2026 Revolving Line of Current Fiscal Fiscal Fiscal Fiscal Revolving Credit Fiscal Year Year Year Year Prior Line of Converted Year 2025 2024 2023 2022 Years Credit to Term Total (Dollars in thousands) One- to four-family: Originated Current $ 118,393 $ 227,074 $ 211,170 $ 280,728 $ 509,450 $ 2,321,790 $ — $ — $ 3,668,605 30-89 — 429 — — 791 5,388 — — 6,608 90+/FC — — — 65 18 4,039 — — 4,122 Correspondent purchased Current — — 500 284,357 421,760 1,213,593 — — 1,920,210 30-89 — — — 110 526 1,336 — — 1,972 90+/FC — — — 710 840 3,782 — — 5,332 Bulk purchased Current — — — — — 109,263 — — 109,263 30-89 — — — — — 421 — — 421 90+/FC — — — — — 339 — — 339 118,393 227,503 211,670 565,970 933,385 3,659,951 — — 5,716,872 Commercial: Commercial real estate Current 479,122 631,615 247,955 283,252 215,884 204,326 11,559 — 2,073,713 30-89 471 — 87 — — 1,012 — — 1,570 90+/FC — — 259 217 160 1,806 198 — 2,640 Commercial and industrial Current 39,116 87,674 23,359 23,850 12,464 6,497 37,100 — 230,060 30-89 — 656 — 13 54 — 50 — 773 90+/FC — — 131 — — — 869 — 1,000 518,709 719,945 271,791 307,332 228,562 213,641 49,776 — 2,309,756 Consumer: Home equity Current 2,347 4,974 4,891 3,209 3,218 2,925 77,316 7,368 106,248 30-89 — 85 — — 15 — 247 201 548 90+/FC — — — — — — 19 34 53 Other Current 1,538 2,310 1,369 942 662 107 358 — 7,286 30-89 — 1 — 16 6 — — — 23 90+/FC 3 2 12 — — 1 — — 18 3,888 7,372 6,272 4,167 3,901 3,033 77,940 7,603 114,176 Total $ 640,990 $ 954,820 $ 489,733 $ 877,469 $ 1,165,848 $ 3,876,625 $ 127,716 $ 7,603 $ 8,140,804 17 September 30, 2025 Revolving Line of Fiscal Fiscal Fiscal Fiscal Fiscal Revolving Credit Year Year Year Year Year Prior Line of Converted 2025 2024 2023 2022 2021 Years Credit to Term Total (Dollars in thousands) One- to four-family: Originated Current $ 233,573 $ 232,879 $ 298,045 $ 530,487 $ 740,699 $ 1,730,689 $ — $ — $ 3,766,372 30-89 — — 66 908 473 5,873 — — 7,320 90+/FC — — — — 107 2,644 — — 2,751 Correspondent purchased Current — 510 302,960 440,138 525,556 749,725 — — 2,018,889 30-89 — — 273 161 — 2,664 — — 3,098 90+/FC — — — 377 — 1,033 — — 1,410 Bulk purchased Current — — — — — 114,315 — — 114,315 30-89 — — — — — 156 — — 156 90+/FC — — — — — 135 — — 135 233,573 233,389 601,344 972,071 1,266,835 2,607,234 — — 5,914,446 Commercial: Commercial real estate Current 687,104 292,556 434,882 223,812 111,227 134,468 9,775 — 1,893,824 30-89 — 344 — 852 40 — — — 1,236 90+/FC — 142 217 — 105 2,609 50 — 3,123 Commercial and industrial Current 103,700 26,100 26,082 14,486 5,580 1,923 31,642 — 209,513 30-89 — — — 32 — — — — 32 90+/FC — 142 — — — — 69 — 211 790,804 319,284 461,181 239,182 116,952 139,000 41,536 — 2,107,939 Consumer: Home equity Current 5,709 5,481 3,546 3,755 1,064 2,171 75,137 7,826 104,689 30-89 — 51 — — — — 198 195 444 90+/FC — — — — — 6 40 — 46 Other Current 3,615 1,847 1,353 856 175 49 416 — 8,311 30-89 15 42 20 — — — — — 77 90+/FC 7 14 14 13 — — — — 48 9,346 7,435 4,933 4,624 1,239 2,226 75,791 8,021 113,615 Total $ 1,033,723 $ 560,108 $ 1,067,458 $ 1,215,877 $ 1,385,026 $ 2,748,460 $ 117,327 $ 8,021 $ 8,136,000 18 Gross Charge-Offs - The following tables present gross charge-offs, for the periods indicated, by class of financing receivable for the year of origination or most recent credit decision. For the Six Months Ended March 31, 2026 Revolving Lines Current Fiscal Fiscal Fiscal Fiscal Revolving of Credit Fiscal Year Year Year Year Prior Lines of Converted to Year 2025 2024 2023 2022 Years Credit Term Total (Dollars in thousands) One- to four-family: Originated $ — $ — $ 12 $ — $ — $ — $ — $ — $ 12 Correspondent purchased — — — — — — — — — Bulk purchased — — — — — — — — — — — 12 — — — — — 12 Commercial: Commercial real estate — — — — — — — — — Commercial and industrial — — 77 — — 25 — — 102 — — 77 — — 25 — — 102 Consumer: Home equity 16 6 — — — 3 3 — 28 Other — — — 15 7 — — — 22 16 6 — 15 7 3 3 — 50 Total $ 16 $ 6 $ 89 $ 15 $ 7 $ 28 $ 3 $ — $ 164 For the Six Months Ended March 31, 2025 Revolving Lines Fiscal Fiscal Fiscal Fiscal Fiscal Revolving of Credit Year Year Year Year Year Prior Lines of Converted to 2025 2024 2023 2022 2021 Years Credit Term Total (Dollars in thousands) One- to four-family: Originated $ — $ — $ — $ — $ — $ — $ — $ — $ — Correspondent purchased — — — — — — — — — Bulk purchased — — — — — 113 — — 113 — — — — — 113 — — 113 Commercial: Commercial real estate — — — — — — — — — Commercial and industrial — — — — — — — — — — — — — — — — — — Consumer: Home equity 8 12 — — — — — — 20 Other — 1 4 — — — 2 — 7 8 13 4 — — — 2 — 27 Total $ 8 $ 13 $ 4 $ — $ — $ 113 $ 2 $ — $ 140 19 Delinquent and Nonaccrual Loans - The following tables present the amortized cost, at the dates indicated, by class, of loans 30 to 89 days delinquent, loans 90 or more days delinquent or in foreclosure, total delinquent loans, current loans, and total loans. At March 31, 2026 and September 30, 2025, all loans 90 or more days delinquent were on nonaccrual status. March 31, 2026 90 or More Days Total Total 30 to 89 Days Delinquent or Delinquent Current Amortized Delinquent in Foreclosure Loans Loans Cost (Dollars in thousands) One- to four-family: Originated $ 6,608 $ 4,122 $ 10,730 $ 3,668,605 $ 3,679,335 Correspondent purchased 1,972 5,332 7,304 1,920,210 1,927,514 Bulk purchased 421 339 760 109,263 110,023 Commercial: Commercial real estate 1,570 2,640 4,210 2,073,713 2,077,923 Commercial and industrial 773 1,000 1,773 230,060 231,833 Consumer: Home equity 548 53 601 106,248 106,849 Other 23 18 41 7,286 7,327 $ 11,915 $ 13,504 $ 25,419 $ 8,115,385 $ 8,140,804 September 30, 2025 90 or More Days Total Total 30 to 89 Days Delinquent or Delinquent Current Amortized Delinquent in Foreclosure Loans Loans Cost (Dollars in thousands) One- to four-family: Originated $ 7,320 $ 2,751 $ 10,071 $ 3,766,372 $ 3,776,443 Correspondent purchased 3,098 1,410 4,508 2,018,889 2,023,397 Bulk purchased 156 135 291 114,315 114,606 Commercial: Commercial real estate 1,236 3,123 4,359 1,893,824 1,898,183 Commercial and industrial 32 211 243 209,513 209,756 Consumer: Home equity 444 46 490 104,689 105,179 Other 77 48 125 8,311 8,436 $ 12,363 $ 7,724 $ 20,087 $ 8,115,913 $ 8,136,000 The amortized cost of mortgage loans secured by residential real estate for which formal foreclosure proceedings were in process as of March 31, 2026 and September 30, 2025 was $ 1.3 million and $ 1.0 million, respectively, which is included in loans 90 or more days delinquent or in foreclosure in the tables above. The carrying value of residential OREO held as a result of obtaining physical possession upon completion of a foreclosure or through completion of a deed in lieu of foreclosure was $ 135 thousand at March 31, 2026 and $ 197 thousand at September 30, 2025. 20 The following table presents the amortized cost at March 31, 2026 and September 30, 2025, by class, of loans classified as nonaccrual. Nonaccrual loans with no ACL were individually evaluated for loss and any losses have been charged-off. The majority of the balance of commercial real estate nonaccrual loans at March 31, 2026 and September 30, 2025 related to two loans from the same borrowing relationship. During the current quarter, an updated appraisal was received related to the collateral securing the borrowing relationship and a specific valuation allowance was recorded as of March 31, 2026. See additional discussion related to these loans in the "Credit Quality Indicators - Loan Classification" section above. March 31, 2026 September 30, 2025 Nonaccrual Loans Nonaccrual Loans with No ACL Nonaccrual Loans Nonaccrual Loans with No ACL (Dollars in thousands) One- to four-family: Originated $ 4,122 $ 1,693 $ 2,751 $ 1,833 Correspondent purchased 5,332 266 1,409 — Bulk purchased 339 — 135 — Commercial: Commercial real estate 43,359 27,528 43,087 43,087 Commercial and industrial 1,415 640 320 320 Consumer: Home equity 53 32 46 — Other 18 — 48 14 $ 54,638 $ 30,159 $ 47,796 $ 45,254 Loan Modifications - The following tables present the amortized cost basis of loans, as of the dates indicated, that were both experiencing financial difficulties and modified during the periods noted, by class of financing receivable and by type of modification. Also presented in the tables is the percentage of the amortized cost basis of loans, at the dates indicated, that were modified to borrowers experiencing financial difficulties as compared to the amortized cost basis of each class of financing receivable during the periods noted. During the six months ended March 31, 2026, the only charge-offs associated with modified loans during the period were $ 12 thousand for one- to four-family originated loans. During the six months ended March 31, 2025 there were no charge-offs related to loans modified during the period. The Company has not committed to lend additional amounts to borrowers included in these tables. The commercial real estate payment delay modification during the six months ended March 31, 2026 was due primarily to the two loans discussed above, under the "Credit Quality Indicators - Loan Classification" section. These two commercial loans were classified as substandard and nonaccrual at March 31, 2026. For the Three Months Ended March 31, 2026 Term Extension Total and Class of Payment Term Payment Financing Delay Extension Delay Total Receivable (Dollars in thousands) One- to four-family: Originated $ — $ 1,969 $ 450 $ 2,419 0.1 % Correspondent purchased — 346 367 713 — Bulk purchased 1,596 — — 1,596 1.5 1,596 2,315 817 4,728 0.1 Commercial: Commercial real estate 914 — — 914 — Commercial and industrial — — 13 13 — 914 — 13 927 — Consumer loans: Home equity 42 — — 42 — Other — — — — — 42 — — 42 — Total $ 2,552 $ 2,315 $ 830 $ 5,697 0.1 21 For the Six Months Ended March 31, 2026 Term Extension Total and Class of Payment Term Payment Financing Delay Extension Delay Total Receivable (Dollars in thousands) One- to four-family: Originated $ 134 $ 4,208 $ 1,066 $ 5,408 0.1 % Correspondent purchased — 696 367 1,063 0.1 Bulk purchased 1,596 — — 1,596 1.5 1,730 4,904 1,433 8,067 0.1 Commercial: Commercial real estate 40,829 — — 40,829 2.0 Commercial and industrial — — 13 13 — 40,829 — 13 40,842 1.8 Consumer loans: Home equity 42 — — 42 — Other — — — — — 42 — — 42 — Total $ 42,601 $ 4,904 $ 1,446 $ 48,951 0.6 For the Three Months Ended March 31, 2025 Term Extension Total and Class of Payment Term Payment Financing Delay Extension Delay Total Receivable (Dollars in thousands) One- to four-family: Originated $ 236 $ 1,344 $ 651 $ 2,231 0.1 % Correspondent purchased — 513 187 700 — Bulk purchased — — — — — 236 1,857 838 2,931 — Commercial: Commercial real estate 8,189 — — 8,189 0.5 Commercial and industrial — 838 — 838 0.6 8,189 838 — 9,027 0.5 Consumer loans: Home equity — 35 — 35 — Other — — — — — — 35 — 35 — Total $ 8,425 $ 2,730 $ 838 $ 11,993 0.2 22 For the Six Months Ended March 31, 2025 Term Extension Total and Class of Payment Term Payment Financing Delay Extension Delay Total Receivable (Dollars in thousands) One- to four-family: Originated $ 353 $ 2,255 $ 816 $ 3,424 0.1 % Correspondent purchased — 513 187 700 — Bulk purchased — — — — — 353 2,768 1,003 4,124 0.1 Commercial: Commercial real estate 8,189 — — 8,189 0.5 Commercial and industrial — 838 — 838 0.6 8,189 838 — 9,027 0.5 Consumer loans: Home equity 20 34 — 54 0.1 Other — — — — — 20 34 — 54 0.1 Total $ 8,562 $ 3,640 $ 1,003 $ 13,205 0.2 Financial effect of loan modifications - The table below presents the financial effect of loan modifications during the periods noted, including the weighted average payment delay and weighted average term extension. For the Three Months Ended March 31, 2026 For the Six Months Ended March 31, 2026 Payment Term Payment Term Delay Extension Delay Extension One- to four-family: Originated 9 months 24 months 8 months 40 months Correspondent purchased 8 months 18 months 8 months 19 months Bulk purchased 13 months N/A 13 months N/A Commercial: Commercial real estate 6 months N/A 11 months N/A Commercial and industrial 60 months 60 months 60 months 60 months Consumer: Consumer home equity 8 months N/A 8 months N/A For the Three Months Ended March 31, 2025 For the Six Months Ended March 31, 2025 Payment Term Payment Term Delay Extension Delay Extension One- to four-family: Originated 8 months 20 months 8 months 18 months Correspondent purchased 9 months 34 months 9 months 34 months Commercial: Commercial real estate 9 months N/A 9 months N/A Commercial and industrial N/A 3 months N/A 3 months Consumer: Consumer home equity N/A 14 months 7 months 14 months 23 Performance of loan modifications - The Company closely monitors the performance of loans modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. The following table presents the performance of such loans, based on amortized cost, by class of financing receivable as of March 31, 2026 and March 31, 2025, on loans modified during the preceding 12-months for borrowers experiencing financial difficulty that were delinquent as of March 31, 2026 and March 31, 2025, respectively. All other loans modified to borrowers experiencing financial difficulty during the periods noted were current as of March 31, 2026 and March 31, 2025. As of March 31, 2026 As of March 31, 2025 30 to 89 Days Delinquent 90 or More Days Delinquent or in Foreclosure Total Delinquent Loans 30 to 89 Days Delinquent 90 or More Days Delinquent or in Foreclosure Total Delinquent Loans (Dollars in thousands) One- to four-family: Originated $ 479 $ 355 $ 834 $ 567 $ 428 $ 995 Correspondent purchased — — — — — — Bulk purchased — — — — — — Commercial: Commercial real estate 766 148 914 — — — Commercial and industrial — — — — — — Consumer loans: Home equity — — — — 88 88 Other — — — — — — Total $ 1,245 $ 503 $ 1,748 $ 567 $ 516 $ 1,083 The following tables present the amortized cost basis of loans that had a payment default during the three and six months ended March 31, 2026 or March 31, 2025 and were modified to borrowers experiencing financial difficulty in the 12-months prior to the default date, by class of financing receivable and by type of modification. The Company considers "default" to mean 90 days or more past due under the modified terms. For the Three Months Ended March 31, 2026 Term Extension and Payment Term Payment Delay Extension Delay Total (Dollars in thousands) One- to four-family: Originated $ — $ 169 $ 470 $ 639 Correspondent purchased — — — — Bulk purchased — — — — Commercial: Commercial real estate 148 — — 148 Commercial and industrial — — — — Consumer loans: Home equity — — — — Other — — — — Total $ 148 $ 169 $ 470 $ 787 24 For the Six Months Ended March 31, 2026 Term Extension and Payment Term Payment Delay Extension Delay Total (Dollars in thousands) One- to four-family: Originated $ — $ 462 $ 624 $ 1,086 Correspondent purchased — — — — Bulk purchased — — — — Commercial: Commercial real estate 148 — — 148 Commercial and industrial — — — — Consumer loans: Home equity — — — — Other — — — — Total $ 148 $ 462 $ 624 $ 1,234 For the Three Months Ended March 31, 2025 Term Extension and Payment Term Payment Delay Extension Delay Total (Dollars in thousands) One- to four-family: Originated $ 84 $ 193 $ 151 $ 428 Correspondent purchased — — 187 187 Bulk purchased — — — — Commercial: Commercial real estate — — 192 192 Commercial and industrial — — 227 227 Consumer loans: Home equity 88 — — 88 Other — — — — Total $ 172 $ 193 $ 757 $ 1,122 For the Six Months Ended March 31, 2025 Term Extension and Payment Term Payment Delay Extension Delay Total (Dollars in thousands) One- to four-family: Originated $ 84 $ 193 $ 151 $ 428 Correspondent purchased — — 428 428 Bulk purchased — — — — Commercial: Commercial real estate — — 192 192 Commercial and industrial — — 227 227 Consumer loans: Home equity 88 — — 88 Other — — — — Total $ 172 $ 193 $ 998 $ 1,363 25 Allowance for Credit Losses - The following table summarizes ACL activity, by loan portfolio segment, for the periods presented. For the Three Months Ended March 31, 2026 Commercial One- to four- Commercial Commercial Family Real Estate and Industrial Total Consumer Total (Dollars in thousands) Beginning balance $ 2,842 $ 19,696 $ 1,826 $ 21,522 $ 208 $ 24,572 Charge-offs ( 12 ) — — — ( 29 ) ( 41 ) Recoveries 1 — — — 3 4 Provision for credit losses ( 168 ) 1,993 220 2,213 19 2,064 Ending balance $ 2,663 $ 21,689 $ 2,046 $ 23,735 $ 201 $ 26,599 For the Six Months Ended March 31, 2026 Commercial One- to four- Commercial Commercial Family Real Estate and Industrial Total Consumer Total (Dollars in thousands) Beginning balance $ 3,046 $ 18,277 $ 2,499 $ 20,776 $ 217 $ 24,039 Charge-offs ( 12 ) — ( 102 ) ( 102 ) ( 50 ) ( 164 ) Recoveries 1 — 2 2 5 8 Provision for credit losses ( 372 ) 3,412 ( 353 ) 3,059 29 2,716 Ending balance $ 2,663 $ 21,689 $ 2,046 $ 23,735 $ 201 $ 26,599 For the Three Months Ended March 31, 2025 Commercial One- to four- Commercial Commercial Family Real Estate and Industrial Total Consumer Total (Dollars in thousands) Beginning balance $ 3,757 $ 19,790 $ 1,209 $ 20,999 $ 241 $ 24,997 Charge-offs ( 113 ) — — — ( 10 ) ( 123 ) Recoveries 2 — 2 2 5 9 Provision for credit losses ( 84 ) ( 785 ) ( 40 ) ( 825 ) ( 4 ) ( 913 ) Ending balance $ 3,562 $ 19,005 $ 1,171 $ 20,176 $ 232 $ 23,970 For the Six Months Ended March 31, 2025 Commercial One- to four- Commercial Commercial Family Real Estate and Industrial Total Consumer Total (Dollars in thousands) Beginning balance $ 3,673 $ 17,968 $ 1,186 $ 19,154 $ 208 $ 23,035 Charge-offs ( 113 ) — — — ( 27 ) ( 140 ) Recoveries 5 20 2 22 6 33 Provision for credit losses ( 3 ) 1,017 ( 17 ) 1,000 45 1,042 Ending balance $ 3,562 $ 19,005 $ 1,171 $ 20,176 $ 232 $ 23,970 The key assumptions in the Company's ACL model at March 31, 2026 include the economic forecast, the forecast and reversion to mean time periods, and prepayment and curtailment assumptions. Management also considered certain qualitative factors when evaluating the adequacy of the ACL at March 31, 2026. The key assumptions utilized in estimating the Company's ACL at March 31, 2026 are discussed below. • Economic Forecast - Management considered several economic forecasts provided by a third party and selected an economic forecast that was the most appropriate considering the facts and circumstances at March 31, 2026. The forecasted economic indices applied to the model at March 31, 2026 were the national unemployment rate, changes in commercial real estate price index, changes in home values, changes in the U.S. consumer price index, and changes in the U.S. gross domestic product. The economic index most impactful to all loan pools within the model at March 31, 2026 was the national unemployment 26 rate. The forecasted national unemployment rate in the economic scenario selected by management at March 31, 2026 had the national unemployment rate gradually increasing to 4.7 % by March 31, 2027, which was the end of our four-quarter forecast time period. • Forecast and reversion to mean time periods - The forecasted time period and the reversion to mean time period were each four quarters for all of the economic indices at March 31, 2026. • Prepayment and curtailment assumptions - The assumptions used at March 31, 2026 were generally based on actual historical prepayment and curtailment speeds, adjusted by management as deemed necessary. The prepayment and curtailment assumptions vary for each respective loan pool in the model. • Qualitative factors - Management applied qualitative factors at March 31, 2026 to account for large dollar commercial real estate loan concentrations and potential risk of loss in market value for newer one-to four-family loans. These qualitative factors were applied to account for credit risks not fully reflected in the discounted cash flow model. ◦ The Company's commercial real estate loans generally have low LTVs and strong DSCRs which serve as indicators that losses in the commercial real estate loan portfolio might be unlikely; however, because there is uncertainty surrounding the nature, timing, and amount of expected losses, management believes that in the event of a realized loss within the large dollar commercial real estate loan pool, the magnitude of such a loss could be significant. The large dollar commercial real estate loan concentration qualitative factor addresses the risk associated with large dollar relationships. As part of its analysis, management considered external data including historical commercial real estate price index trending information from a variety of sources to help determine the amount of this qualitative factor. ◦ For one- to four-family loans, management believes there is potential risk of loss in market value in an economic downturn related to, in particular, newer originations where property values have not experienced price appreciation, as compared to more seasoned loans in our portfolio, and applied a qualitative factor to account for this risk. To determine the appropriate amount of the one- to four-family loan qualitative factor as of March 31, 2026, management considered external historical home price index trending information, along with historical loan loss experience, and portfolio balance trending, the one-to four-family loan portfolio composition with regard to loan size, and management's knowledge of the Bank's loan portfolio and the one- to four-family lending industry. Reserve for Off-Balance Sheet Credit Exposures - At March 31, 2026 and September 30, 2025, the Bank's off-balance sheet credit exposures totaled $ 896.5 million and $ 821.6 million, respectively. The following table summarizes the change in reserve for off-balance sheet credit exposures during the periods indicated. The increase in the reserve for off-balance sheet credit exposures as of March 31, 2026 compared to March 31, 2025 was due primarily to an increase in commercial off-balance sheet credit exposures between periods. For the Three Months Ended For the Six Months Ended March 31, 2026 March 31, 2025 March 31, 2026 March 31, 2025 (Dollars in thousands) Beginning balance $ 6,000 $ 4,725 $ 5,546 $ 6,003 Provision for credit losses 308 913 762 ( 365 ) Ending balance $ 6,308 $ 5,638 $ 6,308 $ 5,638 5. BORROWED FUNDS At March 31, 2026 and September 30, 2025, the Bank had an interest rate swap agreement with a notional amount of $ 100.0 million in order to hedge the variable cash flows associated with $ 100.0 million of adjustable-rate FHLB advances. At March 31, 2026 and September 30, 2025, the interest rate swap agreement had an average remaining term to maturity of 2.2 years and 2.7 years, respectively. The interest rate swap was designated as a cash flow hedge and involved the receipt of variable amounts from a counterparty in exchange for the Bank making fixed-rate payments over the life of the interest rate swap agreement. At March 31, 2026 and September 30, 2025, the interest rate swap was in a gain position with a fair value of $ 1.3 million and $ 926 thousand, respectively, which was reported in other assets on the consolidated balance sheet. During the six months ended March 31, 2026 and 2025, $ 342 thousand and $ 1.3 million, respectively, was reclassified from AOCI as a decrease to interest expense. At March 31, 2026, the Company estimated that $ 693 thousand of interest expense associated with the interest rate swap would be reclassified from AOCI as a decrease to interest expense on FHLB borrowings during the next 12 months. The Bank has minimum collateral posting thresholds with its derivative counterparties and posts collateral on a daily basis. The Bank held cash collateral of $ 1.6 million at March 31, 2026 and $ 920 thousand at September 30, 2025. 27 During the six months ended March 31, 2026, the Bank prepaid $ 425.0 million of fixed-rate advances with a weighted average effective rate of 4.32 % and a weighted average life ("WAL") of 0.8 years and replaced them with $ 425.0 million of fixed-rate advances with a weighted average effective rate of 3.79 % and a WAL of 2.3 years. This transaction resulted in prepayment fees of $ 2.1 million which will be recognized in interest expense over the life of the new FHLB advances. 6. INCOME TAXES At March 31, 2026, the Company had a federal and state net operating loss deferred income tax asset of $ 6.4 million. The gross federal net operating loss amount at March 31, 2026 was $ 25.3 million and the gross state net operating loss amount at March 31, 2026 was $ 34.6 million. The gross federal and state net operating losses will carry forward indefinitely . In addition, the Company had a $ 26.9 million and $ 22.3 million deferred tax asset as of March 31, 2026 and September 30, 2025, respectively, related to federal tax credits that will not be utilized on the Company's federal tax return due to income tax return income limitations. The majority of the federal tax credits relate to low income housing tax credits. Federal tax credits carry forward for 20 years. 7. FAIR VALUE OF FINANCIAL INSTRUMENTS Fair Value Measurements – The Company uses fair value measurements to record fair value adjustments to certain financial instruments and to determine fair value disclosures in accordance with Accounting Standards Codification ("ASC") 820 and ASC 825. The Company's AFS securities and interest rate swap are recorded at fair value on a recurring basis. Additionally, from time to time, the Company may be required to record at fair value other financial instruments on a non-recurring basis, such as OREO and loans individually evaluated for impairment. These non-recurring fair value adjustments involve the application of lower of cost or fair value accounting or write-downs of individual financial instruments. The Company groups its financial instruments at fair value in three levels based on the markets in which the financial instruments are traded and the reliability of the assumptions used to determine fair value. These levels are: • Level 1 - Valuation is based upon quoted prices for identical instruments traded in active markets. • Level 2 - Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. • Level 3 - Valuation is generated from model-based techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect the Company's own estimates of assumptions that market participants would use in pricing the financial instrument. Valuation techniques include the use of option pricing models, discounted cash flow models, and similar techniques. The results cannot be determined with precision and may not be realized in an actual sale or immediate settlement of the financial instrument. The Company bases the fair value of its financial instruments on the price that would be received from the sale of an instrument in an orderly transaction between market participants at the measurement date under current market conditions. The Company maximizes the use of observable inputs and minimizes the use of unobservable inputs when measuring fair value. The following is a description of valuation methodologies used for financial instruments measured at fair value on a recurring basis. AFS Securities - The Company's AFS securities portfolio is carried at estimated fair value. The Company primarily uses prices obtained from third-party pricing services to determine the fair value of its securities. On a quarterly basis, management corroborates a sample of prices obtained from the third-party pricing service for Level 2 securities by comparing them to an independent source. If the price provided by the independent source varies by more than a predetermined percentage from the price received from the third-party pricing service, then the variance is researched by management. The Company did not have to adjust prices obtained from the third-party pricing service when determining the fair value of its securities during the six months ended March 31, 2026 or during fiscal year 2025. The Company's major security types, based on the nature and risks of the securities, are: • MBS - The majority of these securities are issued by Government Sponsored Enterprises ("GSEs"). Estimated fair values are based on a discounted cash flow method. Cash flows are determined based on prepayment projections of the underlying mortgages and are discounted using current market yields for benchmark securities. (Level 2) • Corporate Bonds - Estimated fair values are based on a discounted cash flow method. Cash flows are determined by taking any embedded options into consideration and are discounted using current market yields for securities with similar credit profiles. (Level 2) Interest Rate Swap - The Company's interest rate swap is designated as a cash flow hedge and is reported at fair value in other assets on the consolidated balance sheet if in a gain position and in other liabilities if in a loss position, with any unrealized gains and losses, 28 net of taxes, reported as AOCI in stockholders' equity. See "Note 5. Borrowed Funds" for additional information. The estimated fair values of the interest rate swap is obtained from the counterparty and is determined by a discounted cash flow analysis using observable market-based inputs. On a quarterly basis, management corroborates the estimated fair value by internally calculating the estimated fair value using a discounted cash flow analysis with independent observable market-based inputs from a third party. No adjustments were made to the estimated fair value obtained from the counterparty during the six months ended March 31, 2026 or during fiscal year 2025. (Level 2) The following tables provide the level of valuation assumption used to determine the carrying value of the Company's financial instruments measured at fair value on a recurring basis at the dates presented. All of the Company's financial instruments measured at fair value on a recurring basis were assets at March 31, 2026 and September 30, 2025. The Company did not have any Level 3 financial instruments measured at fair value on a recurring basis at March 31, 2026 or September 30, 2025. March 31, 2026 Quoted Prices Significant Significant in Active Markets Other Observable Unobservable Carrying for Identical Assets Inputs Inputs Value (Level 1) (Level 2) (Level 3) (Dollars in thousands) AFS Securities: MBS $ 805,751 $ — $ 805,751 $ — Corporate bonds 3,815 — 3,815 — 809,566 — 809,566 — Interest rate swap 1,336 — 1,336 — $ 810,902 $ — $ 810,902 $ — September 30, 2025 Quoted Prices Significant Significant in Active Markets Other Observable Unobservable Carrying for Identical Assets Inputs Inputs Value (Level 1) (Level 2) (Level 3) (Dollars in thousands) AFS Securities: MBS $ 863,500 $ — $ 863,500 $ — Corporate bonds 3,716 — 3,716 — 867,216 — 867,216 — Interest rate swap 926 — 926 — $ 868,142 $ — $ 868,142 $ — The following is a description of valuation methodologies used for significant financial instruments measured at fair value on a non-recurring basis. The significant unobservable inputs used in the determination of the fair value of assets classified as Level 3 have an inherent measurement uncertainty that, if changed, could result in higher or lower fair value measurements of these assets as of the reporting date. Collateral dependent assets are assets evaluated on an individual basis. Those collateral dependent assets that are evaluated on an individual basis are considered financial assets measured at fair value on a non-recurring basis. Loans Receivable – The fair value of collateral dependent loans individually evaluated for loss on a non-recurring basis during the six months ended March 31, 2026 and 2025 that were still held in the portfolio was $ 50.2 million as of March 31, 2026 and 2025. Fair values of collateral dependent loans individually evaluated for loss cannot be determined with precision and may not be realized in an actual sale or immediate settlement of the loan and, as such, are classified as Level 3. The one- to four-family loans included in this amount were individually evaluated to determine if the carrying value of the loan was in excess of the fair value of the collateral, less estimated selling costs of 10 %. Fair values were estimated through current appraisals. Management does not adjust or apply a discount to the appraised value of one- to four-family loans, except for the estimated sales cost noted above, and the primary unobservable input for these loans was the appraisal. For commercial loans, if the most recent appraisal or book value of the collateral does not reflect current market conditions due to the passage of time and/or other factors, management will adjust the existing appraised or book value based on knowledge of local market 29 conditions, recent transactions, and estimated selling costs, if applicable. Adjustments to appraised or book values are generally based on assumptions not observable in the marketplace. The primary significant unobservable inputs for commercial loans individually evaluated during the six months ended March 31, 2026 or 2025 were downward adjustments to the collateral value for estimated costs to sell/dispose of the assets and management’s evaluation of market participant expectations if the Bank were to sell the collateral. During the six months ended March 31, 2026, the adjustments ranged from 8 % to 100 %, with a weighted average of 19 %. During the six months ended March 31, 2025, the adjustments ranged from 10 % to 99 %, with a weighted average of 22 %. The basis utilized in calculating the weighted averages for these adjustments was the original unadjusted value of each collateral item. OREO – OREO primarily represents real estate acquired as a result of foreclosure or by deed in lieu of foreclosure and is carried at the lower of cost or fair value. The fair value for one- to four-family OREO is estimated through current appraisals or listing prices, less estimated selling costs of 10 %. Management does not adjust or apply a discount to the appraised value or listing price, except for the estimated sales costs noted above. The primary significant unobservable input for one- to four-family OREO was the appraisal or listing price. There was no one- to four-family OREO measured on a non-recurring basis during the six months ended March 31, 2026 and March 31, 2025. For commercial OREO, if the most recent appraisal or book value of the collateral does not reflect current market conditions due to the passage of time and/or other factors, management will adjust the existing appraised or book value based on knowledge of local market conditions, recent transactions, and estimated selling costs, if applicable. Adjustments to appraised or book values are generally based on assumptions not observable in the marketplace. Fair values of foreclosed property cannot be determined with precision and may not be realized in an actual sale of the property and, as such, are classified as Level 3. There was no commercial OREO measured on a non-recurring basis during the six months ended March 31, 2026 and 2025. Fair Value Disclosures – The Company estimated fair value amounts using available market information and a variety of valuation methodologies as of the dates presented. Considerable judgment is required to interpret market data to develop the estimates of fair value. The estimates presented are not necessarily indicative of amounts the Company would realize from a current market exchange at subsequent dates. The carrying amounts and estimated fair values of the Company's financial instruments by fair value hierarchy, at the dates presented, were as follows: March 31, 2026 Carrying Estimated Fair Value Amount Total Level 1 Level 2 Level 3 (Dollars in thousands) Assets: Cash and cash equivalents $ 330,925 $ 330,925 $ 330,925 $ — $ — AFS securities 809,566 809,566 — 809,566 — Loans receivable 8,114,205 7,919,862 — — 7,919,862 FHLB stock 79,420 79,420 79,420 — — Interest rate swap 1,336 1,336 — 1,336 — Liabilities: Deposits 6,924,491 6,924,926 3,910,366 3,014,560 — Borrowings 1,707,055 1,704,829 — 1,704,829 — 30 September 30, 2025 Carrying Estimated Fair Value Amount Total Level 1 Level 2 Level 3 (Dollars in thousands) Assets: Cash and cash equivalents $ 252,443 $ 252,443 $ 252,443 $ — $ — AFS securities 867,216 867,216 — 867,216 — Loans receivable 8,111,961 7,902,077 — — 7,902,077 FHLB stock 90,662 90,662 90,662 — — Interest rate swap 926 926 — 926 — Liabilities: Deposits 6,591,448 6,597,102 3,578,768 3,018,334 — Borrowings 1,950,770 1,952,458 — 1,952,458 — 8. ACCUMULATED OTHER COMPREHENSIVE INCOME The following tables present the changes in the components of AOCI, net of tax, for the periods presented. For the Three Months Ended March 31, 2026 Unrealized Unrealized Gains (Losses) Gains (Losses) on AFS on Cash Flow Total Securities Hedges AOCI (Dollars in thousands) Beginning balance $ 15,626 $ 580 $ 16,206 Other comprehensive (loss) income, before reclassifications ( 5,079 ) 569 ( 4,510 ) Amount reclassified from AOCI, net of taxes of $ 44 — ( 136 ) ( 136 ) Other comprehensive income (loss) ( 5,079 ) 433 ( 4,646 ) Ending balance $ 10,547 $ 1,013 $ 11,560 For the Six Months Ended March 31, 2026 Unrealized Unrealized Gains (Losses) Gains (Losses) on AFS on Cash Flow Total Securities Hedges AOCI (Dollars in thousands) Beginning balance $ 15,052 $ 703 $ 15,755 Other comprehensive (loss) income, before reclassifications ( 4,505 ) 652 ( 3,853 ) Amount reclassified from AOCI, net of taxes of $ 109 — ( 342 ) ( 342 ) Other comprehensive (loss) ( 4,505 ) 310 ( 4,195 ) Ending balance $ 10,547 $ 1,013 $ 11,560 31 For the Three Months Ended March 31, 2025 Unrealized Unrealized Gains (Losses) Gains (Losses) on AFS on Cash Flow Total Securities Hedges AOCI (Dollars in thousands) Beginning balance $ 8,290 $ 3,272 $ 11,562 Other comprehensive income (loss), before reclassifications 6,750 ( 706 ) 6,044 Amount reclassified from AOCI, net of taxes of $ 177 — ( 554 ) ( 554 ) Other comprehensive income (loss) 6,750 ( 1,260 ) 5,490 Ending balance $ 15,040 $ 2,012 $ 17,052 For the Six Months Ended March 31, 2025 Unrealized Unrealized Gains (Losses) Gains (Losses) on AFS on Cash Flow Total Securities Hedges AOCI (Dollars in thousands) Beginning balance $ 20,032 $ 1,595 $ 21,627 Other comprehensive income (loss), before reclassifications ( 4,992 ) 1,669 ( 3,323 ) Amount reclassified from AOCI, net of taxes of $ 399 — ( 1,252 ) ( 1,252 ) Other comprehensive income (loss) ( 4,992 ) 417 ( 4,575 ) Ending balance $ 15,040 $ 2,012 $ 17,052 32