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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.
Net income was $531 thousand, or $0.05 per basic and diluted share.
Core net income was $510 thousand, or $0.04 per basic and diluted share.
Deposits grew during the quarter.
A cash dividend of $0.03 per share was declared.
William Penn Bancorporation remains focused on aspects of their business that they believe will support long-term value for their shareholders.