SRBK News & Events

SR Bancorp announced that William Taylor has announced his retirement as CEO of the company and the Bank, effective January 1, 2026. Taylor will remain a director of the company and Executive Chairman of the Bank. Taylor will be succeeded by Christopher Pribula, currently President and COO. Additionally, Neil Viotto, currently SVP-Senior Mortgage Lending Officer, has been named EVP and COO. Taylor joined the Bank in 1983 and became CEO in 2013. Pribula joined the Bank in 2006 and was named EVP and COO in 2013 and President in 2019. Viotto was an employee with the bank from 2011 until 2021 and then rejoined the Bank as Senior Vice President-Senior Mortgage Lending Officer in October 2022. He will be assuming responsibility for the Bank's operations, lending, new business and marketing areas.

Tangible book value per share was $18.67 from $18.02 at previous quarter end. Net interest margin decreased 32 basis points to 2.90% for the three months ended June 30, 2025 from 3.22% for the three months ended June 30, 2024.

Reports Q1 net interest margin down 49 basis points to 2.82% from 3.31% for Q1 2024. Tangible book value per share was $18.29 from $17.95 at previous quarter end. Reports Q1 provision for credit losses of $38K vs. a recovery for credit losses of $142K for the three months ended March 31, 2024.