Cfsb Bancorp, INC /MA/

CFSB Bancorp, Inc. has completed its merger with Hometown Financial Group, Inc., resulting in its delisting from Nasdaq and a cash payout to shareholders.

CFSB Bancorp and Hometown Financial Group have secured all necessary regulatory approvals for their merger, anticipating a close by October 31, 2025.

CFSB Bancorp, Inc. shareholders overwhelmingly approved the merger agreement with Hometown Financial Group, Inc. at a Special Meeting held on September 16, 2025.

CFSB Bancorp, Inc. filed an 8-K to provide supplemental disclosures to its merger proxy statement, aiming to address shareholder lawsuits and avoid transaction delays without admitting wrongdoing.

Hometown Financial Group will acquire CFSB Bancorp for $14.25 per share in cash, expanding its presence in eastern Massachusetts.

CFSB Bancorp, Inc. reports net income of $4,000 for the third quarter ended March 31, 2025, and a net loss of $164,000 for the nine months ended March 31, 2025.

CFSB Bancorp reports a slight net income for the quarter ended March 31, 2025, amidst an evolving interest rate landscape impacting net interest income and expenses.

CFSB Bancorp, Inc. reports a net loss of $162,000 for the quarter ended December 31, 2024, impacted by rising interest expenses and a compressed net interest margin.

CFSB Bancorp experienced a net loss in the third quarter of 2024, primarily due to increased interest expenses outpacing interest income growth.

CFSB Bancorp experienced a net loss in the third quarter of 2024, primarily due to increased interest expenses outpacing interest income growth.

CFSB Bancorp experienced a net loss in the quarter ending December 31, 2023, primarily due to increased interest expenses and a decrease in net interest income.

CFSB Bancorp, Inc. reported a net loss of $265,000 for the fiscal year ended June 30, 2025, as it progresses towards a merger with Hometown Financial Group, Inc.

CFSB Bancorp's annual 10-K filing reveals a slight increase in total assets but a significant decrease in net income for the fiscal year ended June 30, 2024.

CFSB Bancorp VP Kemal Denizkurt disposed of common stock and stock options following the company's merger agreement with Hometown Financial Group.

Paul N. Baharian, a director of CFSB Bancorp, Inc., disposed of all his common stock and stock options as part of the company's merger with Hometown Financial Group.

CFSB Bancorp's Treasurer and COO, Susan Shea, reported the disposition of common stock and stock options following the company's merger with Hometown Financial Group.

CFSB Bancorp's President and CEO, Michael E. McFarland, disposed of all his beneficial ownership in the company following its merger with Hometown Financial Group.

Angela Blanchard, VP-Retail Lending at CFSB Bancorp, Inc., disposed of all her beneficial ownership in the company following its merger with Hometown Financial Group.

CFSB Bancorp's VP of Retail Banking, Mary Kuropatkin, disposed of all her common stock and stock options following the company's merger agreement.

CFSB Bancorp, Inc. filed supplemental disclosures to its merger proxy statement in response to shareholder lawsuits alleging misleading information, aiming to avoid delays.

CFSB Bancorp, Inc. shareholders are invited to a special meeting on September 16, 2025, to vote on a merger with Hometown Financial Group, MHC, where each share will be converted into $14.25 in cash.

Hometown Financial Group will acquire CFSB Bancorp for $14.25 per share in cash, creating a $3.3 billion bank through the merger of Colonial Federal Savings Bank into North Shore Bank.

CFSB Bancorp will hold its annual stockholder meeting on November 21, 2024, to elect two directors and ratify the appointment of its independent accounting firm.