Marathon Bancorp Inc 2025年季度报告

☒QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(D)OF THE SECURITIES EXCHANGE ACTOF 1934 For the quarterly period endedMarch 31, 2025or ☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACTOF 1934 For the transition period from ________ to ________Commission File Number:001-42608 MARATHON BANCORP,INC. (Exact name of registrant as specified in its charter) 86-2191258(I.R.S. Employer Identification No.) 500 Scott Street,Wausau,Wisconsin54403(Address of principal executive offices)(Zip Code) Registrant’s telephone number, including area code:(715)845-7331Securities registered pursuant to Section12(b)of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)ofthe Securities Exchange Act of 1934 during the preceding 12months (or for such shorter period that the registrantwas required to file such reports), and (2)has been subject to such filing requirements for the past 90days. Yes⌧No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12months (or forsuch shorter period that the registrant was required to submit such files). Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer,smaller reporting company, or an emerging growth company. See definitions of “large accelerated filer,” “acceleratedfiler,” “small reporting company,” and “emerging growth company” in Rule12b-2 of the Exchange Act. Large accelerated filer☐Accelerated filer☐Non-accelerated filer⌧Smaller reporting company☒Emerging growth company☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transitionperiod for complying with any new or revised financial accounting standards provided pursuant to Section7(a)(2)(B)of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Act). Yes☐No⌧ Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicaldate: As of May 13, 2025, there were2,941,927shares of the registrant’s common stock issued and outstanding. MARATHON BANCORP,INC.INDEXPAGENO.PARTI- FINANCIAL INFORMATION2Item1.Consolidated Balance Sheets as of March 31, 2025 (Unaudited) and June 30,20242Consolidated Statements of Income (Loss) for the Three and Nine MonthsEnded March 31, 2025 and 2024 (Unaudited)3Consolidated Statements of Comprehensive Income (Loss) for the Three andNine Months Ended March 31, 2025 and 2024 (Unaudited)4Consolidated Statements of Changes in Stockholders’ Equity for the Three andNine Months Ended March 31, 2025 and 2024 (Unaudited)6Consolidated Statements of Cash Flows for the Nine Months Ended March 31,2025 and 2024 (Unaudited)7Notes to Consolidated Financial Statements (Unaudited)8Item2.Management’s Discussion and Analysis of Financial Condition and Results ofOperations33Item3.Quantitative and Qualitative Disclosures About Market Risk55Item4.Controls and Procedures55PARTII- OTHER INFORMATION55Item1.Legal Proceedings55Item1A.Risk Factors55Item2.Unregistered Sales of Equity Securities and Use of Proceeds56Item3.Defaults upon Senior Securities56Item4.Mine Safety Disclosures56Item5.Other information56Item6.Exhibits57SIGNATURES58 PARTI- FINANCIAL INFORMATION MARATHON BANCORP, INC.CONSOLIDATED BALANCE SHEETS MARATHON BANCORP, INC.CONSOLIDATED STATEMENTS OF INCOME (LOSS)Unaudited MARATHON BANCORP, INC.CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(LOSS)Unaudited Three Months EndedMarch31,20252024Net Income (Loss)$148,403$(631,127)Other comprehensive incomeUnrealized gains on available for sale debt securitiesUnrealized holding gains arising during the period74,82736,582Tax effect(15,713)(7,684)Net amount59,11428,898Reclassification adjustment for amortization of stranded tax effect from change in taxlegislation (b)(2,576)(3,476)Amortization of unrealized losses on debt securities transferred from available for sale toheld to maturity (a)1,3611,065Other comprehensive income57,89926,487Comprehensive Income (Loss)$206,302$(604,640) (a)The reclassification adjustment is reflected in the Consolidated Statement of Income (Loss)as Interest Income - Debt Securities.(b)The reclassification is included in the Consolidated Statements of Income (Loss) as OtherExpenses. See accompanying notes to the consolidated financial statements. MARATHON BANCORP, INC.CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)Unaudited Nine Months EndedMarch31, 20252024Net Income (loss)$374,437$(272,830)Other comprehensive income (loss)Unrealized gains (losses) on available for sale debt securitiesUnrealized holding gains (losses) arising during the period228,463(2,201)Tax effect(47,977)453Net amount180,486(1,748)Reclassification adjustment for amort