OTC: URSB
URSB Bancorp, Inc.CIK 0002084261 · SIC 6036 · Savings Institutions (Not Federal)
Small by assets
Assets $382M
as of Sep 13, 2026
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8-K
Filed Sep 17, 2026
· Period ending Sep 16, 2026
Summary not yet generated.
10-Q
Filed Aug 14, 2026
· Period ending Jun 30, 2026
Summary not yet generated.
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8-K
Filed Jul 20, 2026
· Period ending Jul 16, 2026
Summary not yet generated.
8-K
Filed Jun 26, 2026
· Period ending Jun 24, 2026
Summary not yet generated.
10-Q
Filed May 15, 2026
· Period ending Mar 31, 2026
Summary not yet generated.
10-K
Filed Apr 9, 2026
· Period ending Dec 31, 2025
Summary not yet generated.
8-K
Filed Mar 26, 2026
· Period ending Mar 26, 2026
Summary not yet generated.
8-K
Filed Mar 20, 2026
· Period ending Mar 20, 2026
Summary not yet generated.
424B3
Filed Jan 20, 2026
Summary not yet generated.
424B3
Filed Jan 20, 2026
Summary not yet generated.
S-1/A
Filed Dec 16, 2025
Summary not yet generated.
S-1
Filed Sep 12, 2025
Summary not yet generated.
Latest financial statements
From 10-Q filed Aug 14, 2026 (period ending Jun 30, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.
Consolidated Statements of Operations (Unaudited)
(In thousands, except share and per share data)
| Description | Three months ended June 30, 2026 | Three months ended June 30, 2025 | Six months ended June 30, 2026 | Six months ended June 30, 2025 |
|---|---|---|---|---|
| Interest and dividend income: | ||||
| Loans | 4,473 | 3,621 | 8,860 | 7,140 |
| Securities | 407 | 283 | 800 | 584 |
| Other earning assets | 112 | 325 | 368 | 522 |
| Total interest and dividend income | 4,992 | 4,229 | 10,028 | 8,246 |
| Interest expense: | ||||
| Deposits: | ||||
| NOW and money market | 403 | 277 | 803 | 603 |
| Savings and club | 14 | 13 | 31 | 50 |
| Certificates of deposit | 1,579 | 1,461 | 3,181 | 2,649 |
| Borrowings | 493 | 475 | 998 | 966 |
| Total interest expense | 2,489 | 2,226 | 5,013 | 4,268 |
| Net interest income | 2,503 | 2,003 | 5,015 | 3,978 |
| Provisions for credit losses | 120 | 199 | 219 | 158 |
| Net interest income after provision for credit losses | 2,383 | 1,804 | 4,796 | 3,820 |
| Non-interest income: | ||||
| Fees and service charges | 70 | 46 | 131 | 96 |
| Increase in cash surrender value of BOLI | 64 | 40 | 127 | 76 |
| Loss on sales of securities | — | — | — | (130) |
| Other | 27 | 2 | 44 | 4 |
| Total non-interest income | 161 | 88 | 302 | 46 |
| Non-interest expenses: | ||||
| Salaries and employee benefits | 1,257 | 963 | 2,311 | 1,884 |
| Occupancy expense | 98 | 92 | 201 | 188 |
| Equipment | 272 | 271 | 529 | 528 |
| Directors' compensation | 67 | 61 | 125 | 113 |
| Professional fees | 216 | 118 | 382 | 235 |
| Advertising | 80 | 74 | 150 | 136 |
| Federal deposit insurance premium | 98 | 91 | 209 | 172 |
| Other | 182 | 144 | 740 | 310 |
| Total non-interest expenses | 2,270 | 1,814 | 4,647 | 3,566 |
| Net income before taxes | 274 | 78 | 451 | 300 |
| Income tax expense | 49 | 7 | 71 | 97 |
| Net income | 225 | 71 | 380 | 203 |
| Earnings per common share: | ||||
| Basic | 0.11 | N/A | 0.18 | N/A |
| Diluted | 0.11 | N/A | 0.18 | N/A |
| Weighted average shares outstanding | 2,113,927 | N/A | 2,113,394 | N/A |
Consolidated Balance Sheets (Unaudited)
(In thousands, except share data)
| Description | June 30, 2026 | December 31, 2025 |
|---|---|---|
| Assets | ||
| Cash and due from banks | 1,217 | 1,902 |
| Interest-bearing deposits | 4,828 | 6,489 |
| Cash and cash equivalents | 6,045 | 8,391 |
| Securities available for sale (amortized cost of $29,284 and $26,329, respectively) | 28,529 | 25,834 |
| Securities held to maturity, net of allowance for credit losses of $61 and $75, respectively (fair value of $8,579 and $12,532, respectively) | 8,755 | 12,789 |
| Loans receivable, net of allowance for credit losses of $2,457 and $2,277, respectively | 317,577 | 300,438 |
| Premises and equipment, net | 2,454 | 2,509 |
| Federal Home Loan Bank of New York stock, at cost | 2,081 | 2,369 |
| Atlantic Community Bankers Bank stock, at cost | 80 | 80 |
| Accrued interest receivable | 1,536 | 1,481 |
| Bank owned life insurance (BOLI) | 7,153 | 7,026 |
| Other assets | 7,303 | 7,056 |
| Total assets | 381,513 | 367,973 |
| Liabilities and Equity | ||
| Liabilities: | ||
| Deposits | 291,875 | 290,950 |
| Advance payments by borrowers for taxes and insurance | 1,589 | 1,401 |
| Borrowings | 46,072 | 53,572 |
| Other liabilities | 2,436 | 2,056 |
| Total liabilities | 341,972 | 347,979 |
| Equity: | ||
| Common stock (par value $0.01 per share; 2,334,375 shares issued and outstanding at June 30, 2026) | 23 | — |
| Additional paid in capital | 21,524 | — |
| Retained earnings | 20,844 | 20,464 |
| Accumulated other comprehensive loss | (666) | (470) |
| Common stock held by the employee stock ownership plan ("ESOP") and equity compensation plan | (2,184) | — |
| Total equity | 39,541 | 19,994 |
| Total liabilities and equity | 381,513 | 367,973 |
Consolidated Statements of Cash Flows (Unaudited)
(In thousands)
| Description | Six months ended June 30, 2026 | Six months ended June 30, 2025 |
|---|---|---|
| Cash flows from operating activities: | ||
| Net income | 380 | 203 |
| Adjustments to reconcile net income to net cash (used in) provided by operating activities: | ||
| Provisions for credit losses | 219 | 158 |
| Depreciation of premises and equipment | 127 | 135 |
| Amortization of deferred loan fees, net | 425 | 101 |
| Amortization (Accretion) of premiums and discounts, net | (48) | 7 |
| Loss on sale of available for sale securities | — | 130 |
| Contribution of stock to charitable foundation | 200 | — |
| Deferred income tax expense (benefit) | 62 | (114) |
| Increase in cash surrender value of bank owned life insurance | (127) | (76) |
| Expense of earned ESOP shares | 36 | — |
| Net change in: | ||
| Accrued interest receivable | (55) | (82) |
| Other assets | (247) | (193) |
| Other liabilities | 374 | 130 |
| Net cash provided by operating activities | 1,346 | 399 |
| Cash flows from investing activities: | ||
| Available for sale: | ||
| Proceeds from sales | — | 1,870 |
| Purchases | (7,254) | (6,530) |
| Proceeds from maturities, calls and principal repayments | 4,347 | 1,596 |
| Held to maturity: | ||
| Proceeds from maturities, calls and principal repayments | 4,051 | 5,030 |
| Proceeds from maturity of certificate of deposit investments | — | 498 |
| Loan principal (originations) collections, net | (17,792) | (13,341) |
| Purchases of premises and equipment | (72) | (12) |
| Purchase of Federal Home Loan Bank of New York stock | (53) | (2,007) |
| Redemption of Federal Home Loan Bank of New York stock | 341 | 1,745 |
| Net cash used in investing activities | (16,432) | (11,151) |
| Cash flows from financing activities: | ||
| Net increase in deposits | 925 | 7,934 |
| Net proceeds from stock offering and issuance of common stock | 21,342 | — |
| Purchase of common shares by ESOP and equity compensation plan | (2,215) | — |
| Net change in FRB short term advances | — | (5,000) |
| Net change in FHLB short term advances | — | (2,000) |
| Proceeds from FHLB long term advances | — | 12,612 |
| Repayment of FHLB long term advances | (7,500) | (5,500) |
| Net proceeds from issuance of senior notes | — | 650 |
| Net proceeds from borrowers for taxes and insurance | 188 | 204 |
| Net cash provided by financing activities | 12,740 | 8,900 |
| Net change in cash and cash equivalents | (2,346) | (1,852) |
| Cash and cash equivalents, beginning of period | 8,391 | 10,727 |
| Cash and cash equivalents, end of period | 6,045 | 8,875 |
| Supplementary cash flows information | ||
| Interest paid | 5,100 | 4,273 |
| Income taxes paid, net | 253 | 50 |
Amounts as printed on the EDGAR/iXBRL face — (In thousands, except share and per share data); (In thousands, except share data); (In thousands). Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗