SR Bancorp Inc. reported its results for the fiscal year ended June 30, 2025. Interest income rose by $5.4 million, or 13.3%, to $46.3 million compared to $40.9 million for the previous fiscal year. The company reported a net loss for the year ended June 30, 2024, which included $4.4 million in merger-related non-interest expenses, a $4.2 million provision for credit losses following the acquisition of Regal Bancorp, a $5.4 million charitable contribution to establish the Somerset Regal Charitable Foundation, and a $4.4 million loss on the sale of available-for-sale securities as part of a balance sheet restructuring strategy. Excluding these one-time expenses and accounting for $4.1 million of net accretion income related to fair value adjustments, net income for the year ended June 30, 2024 would have been $1.0 million. During the year, SR Bancorp completed the conversion of Somerset Savings Bank from mutual to stock form and finalized the related stock offering on September 19, 2023. The company also completed the acquisition of Regal Bancorp.