Central Plains Bancshares Inc 2026年季度报告

Table of Contents PART I.Financial Information Item 1.Consolidated Financial Statements (Unaudited) Consolidated Balance Sheets Consolidated Statements of Operations Consolidated Statements of Comprehensive Income (Loss) Consolidated Statements of Changes in EquityConsolidated Statements of Cash FlowsNotes to Unaudited Consolidated Financial StatementsItem 2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4.Controls and Procedures PART II.OTHER INFORMATION Item 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSignatures PART I—FINANCIAL INFORMATION CENTRAL PLAINS BANCHSARES, INC.NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS Note 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accompanying unaudited consolidated financial statements have been prepared in conformity with accountingprinciples generally accepted in the United States of America (“U.S. GAAP”) and conform to practices within the banking industry.The accounting policies followed in the preparation of the interim consolidated financial statements are consistent with those usedin the preparation of the annual financial statements. The interim consolidated financial statements reflect all normal and recurring Nature of Operations—Central Plains Bancshares, Inc. (the “Company”) was formed to serve as the holding company forHome Federal Savings and Loan Association of Grand Island (the “Association”), upon conversion into the stock form of The Company completed its stock offering on October 19, 2023.The Company sold 4,130,815 shares of common stock at$10.00 per share in its subscription offering for gross proceeds of approximately $41.3 million. Shares of the Company's common The Association is a federally chartered stock savings and loan association whose primary business is providing mortgage,consumer, commercial real estate, and commercial loans in the Grand Island, Nebraska area, with additional lending opportunities Basis of Presentation—The accompanying unaudited Consolidated Financial Statements were prepared in accordancewith GAAP and the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all theinformation and footnotes required by GAAP for complete financial statements and should be read in conjunction with Central Management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as ofthe date of the balance sheet and reported amounts of revenues and expenses during the reporting period. Significant estimates thatare particularly susceptible to change in the near term relate to the determination of the allowance for credit losses, as well as the The Company's revenue is primarily derived from the business of banking. The Company's financial performance ismonitored on consolidated basis by Mr. Dannel Garness, President and CEO, who is considered to be the Company's Chief All of the Company’s financial results are similar and considered by management to be aggregated into one reportableoperating segment. While the Company has assigned certain management responsibilities by business-line, the Company’s ChiefOperating Decision Maker ("CODM") evaluates financial performance on a Company-wide basis. The Company's assigned Financial performance is reported to the CODM monthly, and the primary measure of performance is consolidated netincome. The allocation of resources throughout the Company is determined annually based upon consolidated net incomeperformance. The presentation of financial performance to the CODM is consistent with amounts and financial statement line items InMarch 2024,the FASB issued ASU No.2024-01,“Compensation—Stock Compensation(Topic 718):ScopeApplications of Profits Interests and Similar Awards” (ASU 2024-01). ASU 2024-01 adds an example to Topic 718 whichillustrates how to apply the scope guidance to determine whether profits interests and similar awards should be accounted for asshare-based payment arrangements under Topic 718 or under other U.S. GAAP. ASU 2024-01 is effective for annual periods 2025, although early adoption is permitted. Upon adoption, ASU 2024-01 is not expected to have a material impact on the On December 14, 2023, the FASB issued ASU 2023-09 “Income Taxes (Topic 740): Improvements to Income TaxDisclosures”. The amendments require that public business entities on an annual basis (1) disclose specific categories in the ratereconciliation, and (2) provide additional information for reconciling items that meet a quantitative threshold (if the effect of thosereconciling items is equal to or greater than 5 percent of the amount computed by multiplying pretax income (or loss) by theapplicable statutory income tax rate). The a