William Penn Bancorp reported a net loss of $988 thousand for the quarter ended December 31, 2024, primarily due to professional fees associated with the pending merger with Mid Penn Bancorp, Inc. However, the company saw growth in its loan portfolio and continued improvement in asset quality.
William Penn Bancorp reported a net loss of $21 thousand, or $(0.00) per basic and diluted share, for the quarter ended September 30, 2024. The company's Board of Directors declared a cash dividend of $0.03 per share. Strong credit quality metrics were maintained, and operating expenses were well-controlled.
William Penn Bancorp reported a net loss of $158 thousand, or $(0.02) per share, for the quarter ended June 30, 2024. The company's net interest margin expanded slightly, and it repurchased 96,117 shares at a total cost of $1.2 million during the quarter. Asset quality metrics remained strong, with a non-performing assets to total assets ratio of 0.40%.
William Penn Bancorporation reported a net income of $136 thousand, or $0.02 per basic and diluted share, for the three months ended March 31, 2024. The company's Board of Directors declared a cash dividend of $0.03 per share.
William Penn Bancorporation reported a challenging quarter with a significant decrease in net income compared to the same period last year. The company's net income was $11 thousand, a sharp decline from $1.1 million in the prior year. Core net loss was $168 thousand. The company continues its focus on capital return, repurchasing 1,191,831 shares during the quarter.
William Penn Bancorp reported a net income of $179 thousand, or $0.02 per share, for the quarter ended September 30, 2023. This is a decrease compared to the net income of $1.0 million, or $0.08 per share, for the quarter ended September 30, 2022. The company repurchased 1,624,018 shares at a total cost of $19.8 million during the quarter.
William Penn Bancorporation reported a net income of $531 thousand, or $0.05 per basic and diluted share, for the quarter ended June 30, 2023. The company experienced deposit growth and maintained a low level of uninsured deposits. The Board of Directors declared a cash dividend of $0.03 per share.
William Penn Bancorp reported a decrease in net income for the quarter ended March 31, 2023, compared to the same period in 2022. Despite the decrease in profitability, the company experienced deposit growth and reduced borrowings. The company's capital position remains strong, with a high stockholders' equity to assets ratio.
William Penn Bancorporation reported a net income of $1.1 million, or $0.08 per basic and diluted share, for the quarter ended December 31, 2022. The company experienced growth in loans and deposits and maintained a disciplined approach to balance sheet management. Asset quality metrics improved, and the company continued to repurchase shares.
William Penn Bancorporation reported a net income of $1.0 million, or $0.08 per basic and diluted share, for the quarter ended September 30, 2022. Asset quality metrics improved during the quarter, with the ratio of non-performing assets to total assets decreasing to 0.56%. The Board of Directors declared a cash dividend of $0.03 per share.
William Penn Bancorp reported a net income of $1.1 million, or $0.08 per basic and diluted share, for Q4 2022, compared to a net income of $666 thousand, or $0.05 per basic and diluted share, for Q4 2021. The company's board declared a cash dividend of $0.03 per share.
William Penn Bancorp reported a net income of $824 thousand, or $0.06 per basic and diluted share, for the third quarter ended March 31, 2022. The company made progress on strategic priorities, including sound balance sheet management and prudent capital management, benefiting shareholders.
William Penn Bancorp reported a net income of $1.2 million, or $0.08 per diluted share, for the quarter ended December 31, 2021. The company focused on improving its asset mix by investing in high-quality securities and saw growth in core deposits, alongside the opening of a new branch in New Jersey.
William Penn Bancorporation reported a net income of $1.2 million, or $0.08 per diluted share, for the quarter ended September 30, 2021. This compares to a net income of $670 thousand, or $0.05 per diluted share, for the quarter ended September 30, 2020. The results include a $235 thousand income tax benefit related to refunds received associated with the carryback of net operating losses under the CARES Act.
William Penn Bancorp announced its financial results for the quarter and year ended June 30, 2021, reporting a net income of $666 thousand, or $0.05 per diluted share, for the quarter. The company also declared a special dividend of 30 cents per common share.
William Penn Bancorp reported a net income of $1.1 million, or $0.07 per diluted share, for the three months ended March 31, 2021. Net interest income increased by $1.7 million, or 48.9%, compared to the same period in the prior year. The company completed its second-step conversion and stock offering during the quarter, resulting in a tangible book value per share of $13.79 as of March 31, 2021.