Welcome to our dedicated page for SR Bancorp SEC filings (Ticker: SRBK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to SEC filings for SR Bancorp, Inc. (NASDAQ: SRBK), the Maryland-incorporated holding company for Somerset Regal Bank, a New Jersey commercial bank headquartered in Bound Brook, New Jersey. Through these filings, investors can review the company’s regulatory disclosures about its commercial banking operations, financial condition, governance and capital management.
SR Bancorp’s core periodic reports, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, contain audited and interim financial statements, management’s discussion and analysis, risk factor discussions and details on loan and deposit portfolios, securities holdings, borrowings and capital. The definitive proxy statement (DEF 14A) describes the annual meeting of stockholders, director elections, voting procedures, the role of the ESOP and 401(k) Plan, and limitations on voting rights for holders above specified ownership thresholds.
Current reports on Form 8-K document specific material events. For SR Bancorp, these include announcements of quarterly and annual financial results, declarations of cash quarterly dividends of $0.05 per share, adoption of stock repurchase programs, management changes such as the retirement of the Chief Executive Officer and appointments of new executives, and the results of annual stockholder meetings. Some 8-K filings also furnish investor presentations or restated earnings releases when prior information has been corrected.
For those tracking capital actions and governance, the filings show how SR Bancorp completed the mutual-to-stock conversion of Somerset Savings Bank, SLA and the related stock offering, and then completed the merger with Regal Bancorp and the combination of Regal Bank into Somerset Bank, which was renamed Somerset Regal Bank. The filings also describe the establishment of the Somerset Regal Charitable Foundation in connection with the conversion.
On Stock Titan, these SRBK filings are updated as they become available from EDGAR. AI-powered summaries highlight key points from lengthy documents, helping readers quickly identify items such as dividend declarations, stock repurchase authorizations, changes in executive roles, voting outcomes at the annual meeting and significant shifts in earnings, credit loss provisions or balance sheet composition.
SR Bancorp, Inc., holding company for Somerset Regal Bank, reported stronger quarterly results but softer year-to-date performance. For the three months ended March 31, 2026, net income rose to $886,000, or $0.12 per share, up from $537,000, or $0.06, a year earlier. On an adjusted basis excluding acquisition-related accretion, quarterly net income was $784,000 versus $124,000 a year ago.
For the nine months ended March 31, 2026, net income declined to $2.4 million from $2.9 million, as prior-year results were boosted by higher accretion income from the Regal Bancorp acquisition. Net interest income grew to $7.8 million for the quarter and $23.2 million year‑to‑date, with net interest margin improving to 3.00% for the quarter.
Total assets reached $1.14 billion at March 31, 2026, with net loans of $859.1 million and deposits of $894.3 million. Credit quality remained very strong, with no non‑performing loans and an allowance for credit losses of 0.66% of total loans. The company also repurchased 761,229 shares of common stock for $12.0 million, contributing to a decrease in equity to $184.5 million and a tangible book value per share of $19.46.
SR Bancorp, Inc. reported that its subsidiary Somerset Regal Bank entered into amended and restated employment agreements with executives William Taylor, Christopher Pribula and David Orbach. The updates primarily align contract terms with recent title changes and define salary, bonus opportunities, severance and restrictive covenants.
Mr. Taylor’s agreement has a one-year term, while Messrs. Pribula and Orbach have three‑year terms that automatically extend annually. Base salaries are set at $260,000 for Mr. Taylor, $490,000 for Mr. Pribula and $410,000 for Mr. Orbach, with target cash bonus opportunities of at least 25%, 23% and 20% of base salary, respectively.
If employment ends without cause or for defined “good reason,” executives receive severance based on remaining contract value or two times salary plus average bonus, and up to 18 months of COBRA reimbursement. If such a termination follows a change in control, severance increases to three times salary plus average incentive bonus and a lump sum equal to 36 months of health care costs, subject to tax cutback rules under Sections 280G and 4999 of the Internal Revenue Code.
SR Bancorp Inc ownership filing shows The Vanguard Group reports 0 shares beneficially owned, representing 0% of the Common Stock. The filing states an internal realignment effective January 12, 2026, after which certain Vanguard subsidiaries report holdings separately in reliance on SEC Release No. 34-39538.
The report is an amendment identifying the filer and confirming that Vanguard and its managed accounts have the right to receive dividends or proceeds for reported securities and that no single other person holds more than 5% of the class. The filing is signed by Ashley Grim on 03/27/2026.
SR Bancorp, Inc. senior vice president and CFO Harris M. Faqueri reported an open-market purchase of 3,000 shares of common stock at $16.40 per share through an IRA. After this buy, the IRA held 13,000 shares indirectly.
Separately, Faqueri holds 15,213 shares of common stock directly, including restricted stock that vests 20% per year starting January 29, 2026, and 2,865 shares through an ESOP. He also has stock options tied to 38,032 underlying shares at a $12.50 exercise price, vesting 20% per year from January 29, 2026 and expiring in 2035.
SR Bancorp, Inc., the holding company for Somerset Regal Bank, announced that its board has declared a quarterly cash dividend of $0.05 per share. The dividend will be paid on April 15, 2026 to stockholders of record as of March 31, 2026.
Management stated the company is in a strong financial position to support this payout. As of December 31, 2025, Somerset Regal Bank reported $1.14 billion in total assets, $835.4 million in net loans, $891.5 million in deposits and total equity of $188.5 million.
SR Bancorp, Inc. director Mary E. Davey bought additional shares of the company. On March 6, 2026, she made an open-market purchase of 320 shares of common stock at an average price of $16.305 per share, bringing her directly owned common stock holdings to 28,970 shares.
The filing also notes stock options covering 47,539 shares held directly, and that both restricted stock and options vest at a rate of 20% per year commencing on November 21, 2025.
SR Bancorp, Inc. executive vice president and COO Neil C. Viotto, through an IRA, bought 1,000 shares of common stock in three open-market purchases on March 3, 2026 at prices between $16.67 and $17.0396 per share, raising IRA holdings to 11,400 shares. He also reports 18,134 common shares held directly, additional indirect holdings through a 401(k) and ESOP, and 23,770 stock options and restricted stock that vest 20% per year starting on January 29, 2026 and December 17, 2026.
SR Bancorp, Inc. director Thomas Lupo reported an open-market purchase of 1,000 shares of Common Stock on February 23, 2026 at an average price of $16.4657 per share. After this trade, his directly held Common Stock position increased to 44,015 shares, which includes restricted stock that vests 20% per year starting November 21, 2025.
He also reported holdings of 47,539 stock options, which vest at 20% per year commencing on November 21, 2025.
SR Bancorp, Inc. received a Schedule 13G reporting that the Somerset Regal Bank Employee Stock Ownership Plan Trust, with Delaware Charter Guarantee & Trust Company as trustee, beneficially owns 757,137.71 shares of common stock, or 9.0% of the class as of 12/31/2025.
The trust has sole voting power over 646,538.90 shares and shared voting power over 110,598.81 shares, with sole dispositive power over all 757,137.71 shares. The filer certifies the holdings are in the ordinary course of business and not for influencing control of SR Bancorp.
SR Bancorp, Inc. reported lower profitability for the quarter while growing its balance sheet. For the three months ended December 31, 2025, net income was $834,000 versus $1.0 million a year earlier, with basic earnings per share of $0.11 compared with $0.12. For the six-month period, net income was $1.5 million versus $2.4 million and earnings per share were $0.20 versus $0.27.
Total assets increased to $1.14 billion from $1.08 billion at June 30, 2025, driven largely by loan growth to $835.4 million and higher cash and interest-bearing deposits. Deposits rose to $891.5 million and borrowings to $50.0 million. Credit quality remained strong, with only one $176,000 commercial and industrial loan on non-accrual at December 31, 2025 that was fully repaid in January 2026 and no charge-offs reported.
The allowance for credit losses stood at $5.6 million, and the bank’s Tier 1 leverage ratio was a robust 14.85%, keeping it in the "well capitalized" category. Stock repurchases and dividends reduced stockholders’ equity to $188.5 million, while share-based compensation and ESOP activity continued under the 2024 equity plan.