CPBI

MKT CAP $87.6MP/E 17.8DIV YIELD —FCF YIELD 7.28%REV TTM —NET INCOME $4.5M +20.5%NET CASH —52W 15.56 – 21.46SEC XBRL · TTM TO Invalid Date

How CPBI rewrote its risk factors

10-K ITEM 1A · FY2025 → FY2026

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New in FY2026

At March 31, 2026, we had consolidated assets of $558.6 million, consolidated deposits of $460.4 million and consolidated stockholders’ equity of $89.0 million.
Our principal executive offices are located at 221 South Locust Street, Grand Island, Nebraska 68801, where our main administrative functions are conducted.
Our telephone number at that address is (308) 382-4000.
At June 30, 2025 (the most recent date for which FDIC data is publicly available), we were ranked third among the 18 FDIC-insured financial institutions with offices in Hall County, Nebraska, with a deposit market share of 10.65%.
Lending Activities Historically, our principal lending activity was the origination of one- to four-family residential mortgage loans secured by properties located in our primary market area, as well as commercial real estate loans.
To a lesser extent, we have originated commercial non-real estate loans, multi-family residential real estate loans, construction and land development loans, agricultural real estate and non-real estate loans and consumer loans.
In recent years, we have expanded our focus on higher yielding commercial lending, including both commercial real estate and commercial non-real estate loans, while also continuing to grow our agricultural real estate and operating loan portfolios.
This strategic emphasis reflects our commitment to diversifying our loan mix and supporting the credit needs of businesses and agricultural producers within our market area.
Historically, a significant majority of the residential real estate loans that we originate have been long-term, fixed-rate loans that generally conform to secondary market guidelines.
At March 31, 2026 2025 Amount Percent Amount Percent (Dollars in thousands) Real Estate - Construction $ 28,633 6.39 % $ 15,069 3.75 % Real Estate - Commercial 129,235 28.82 120,184 29.88 Real Estate - Residential 162,041 36.14 161,144 40.06 Commercial Non-Real Estate 48,378 10.79 32,007 7.96 Agricultural 54,655 12.19 42,835 10.65 Other Consumer 10,158 2.26 14,649 3.64 Land Development and Sanitary & Improvement Districts (SIDs) 15,306 3.41 16,327 4.06 Total loans 448,406 100.00 % 402,215 100.00 % Net deferred loan costs (60 ) (18 ) Allowance for credit losses (5,809 ) (5,441 ) Total loans, net $ 442,537 $ 396,756 Contractual Terms to Final Maturities.
The following table sets forth the contractual maturities of our total loan portfolio at March 31, 2026.
At March 31, 2026 Real Estate-Construction Real Estate-Commercial Real Estate-Residential Commercial Non-Real Estate Agricultural Other Consumer Land Development and SIDS Total (Dollars in thousands) Amounts due in: One year or less $ 11,892 $ 11,267 $ 8,995 $ 16,621 $ 16,546 $ 3,587 $ 1,422 $ 70,330 More than one year through five years 5,104 33,311 21,747 14,726 6,624 3,440 10,641 95,593 More than five years through fifteen years 6,525 47,004 39,890 17,031 14,969 3,131 2,319 130,869 More than fifteen years 5,112 37,653 91,409 — 16,516 — 151,614 Total $ 28,633 $ 129,235 $ 162,041 $ 48,378 $ 54,655 $ 10,158 $ 15,306 $ 448,406 The following table sets forth our fixed-rate and adjustable-rate loans at March 31, 2026 that are contractually due after March 31, 2027.
Floating or Total at Fixed Adjustable March 31, Rate Rate 2026 (Dollars in thousands) Real Estate - Construction $ 10,054 $ 6,687 $ 16,741 Real Estate - Commercial 44,431 73,537 117,968 Real Estate - Residential 83,812 69,234 153,046 Commercial Non-Real Estate 20,126 11,631 31,757 Agricultural 8,972 29,137 38,109 Other Consumer 6,437 6,571 Land Development and SIDs 10,640 3,244 13,884 Total $ 184,472 $ 193,604 $ 378,076 Real Estate - Residential .
At March 31, 2026, we had $162.0 million of loans secured by one- to four-family residential real estate and multi-family real estate loans, representing 36.14% of total loans as of that date.
At March 31, 2026, we had $42.9 million in multi-family residential real estate loans, representing 9.69% of our total loan portfolio.
At March 31, 2026, our largest multi-family loan had a balance of $5.5 million and was secured by an apartment complex located in our primary market area.
At March 31, 2026, this loan was performing in accordance with its contractual terms.
At March 31, 2026, we had $129.2 million in commercial real estate loans, or 28.82% of total loans.
At March 31, 2026, our largest commercial real estate loan had an outstanding balance of $7.6 million and was secured by a single retail grocery chain property located in our primary market area.
At March 31, 2026, this loan was performing according to its original terms.
At March 31, 2026, commercial non-real estate loans were $48.4 million, or 10.79% of total loans.
At March 31, 2026, our largest commercial non-real estate loan totaled $5.7 million and was secured by an assignment of cash flows from multiple apartment complex properties owned and operated by a large multi-state real estate investment and management group.
At March 31, 2026, we had $28.6 million in real estate construction loans, including properties for one- to four-family residences of $6.6 million and commercial construction properties of $22.00 million, representing 6.39% of our total loan portfolio.
At March 31, 2026, our largest real estate construction loan totaled $5.5 million and was secured by property located in our primary market area.
At March 31, 2026, we had $54.7 million in agricultural loans, or 12.19% of total loans.
At March 31, 2026, our largest agricultural loan totaled $6.0 million and was secured by property located in our primary market area.
At March 31, 2026, other consumer loans were $10.2 million, or 2.26% of total loans.
Our portion of the loans to individuals totaled $5.6 million at March 31, 2026, and the average underlying loan size was $17,000.
At March 31, 2026, land development and SIDs loans were $15.3 million, or 3.41% of total loans.
At March 31, 2026, our land development loans totaled $9.3 million, or 2.10% of total loans.
At March 31, 2026, our SIDs loans totaled $6.0 million, or 1.36% of total loans.
Our largest SID loan totaled $2.1 million and was secured by bonds and warrants.
At March 31, 2026, the outstanding balances of our loan participations where we were not the lead lender totaled $73.8 million, or 16.68% of our loan portfolio, of which $38.8 million, or 52.57%, were commercial real estate loans.
At March 31, 2026, we had participated out portions of loans with an aggregate principal balance of $72.2 million.
We had total loan sales for the fiscal years ended March 31, 2026 and 2025 of $25.8 million and $14.9 million, respectively.
At March 31, 2026, our loan to one borrower limitation was $11.8 million based on 15% of our unimpaired capital and surplus, $23.6 million for residential development loans with regulatory approval and $39.3 million for a group of related borrowers where each separate borrower is financially independent.
At March 31, 2026, our largest single loan to one borrower had an outstanding balance of $7.6 million and was secured by a grocery store property located in our primary market area.
At March 31, 2026, our largest credit relationship was a group of loans to related borrowers with total exposure of $16.3 million with all loans performing according to original terms.
We have a Residential Loan Committee, comprising of our President and Chief Executive Officer, Executive Vice President and Chief Lending Officer, Executive Vice President and Chief Sales Officer and/ or Mortgage Loan Manager, and also a Senior Loan Committee, comprising of our President and Chief Executive Officer, Executive Vice President and Chief Lending Officer, Executive Vice President and Chief Sales Officer and other members of experienced lending staff.
The Residential Loan Committee may approve one- to four-family residential real estate loans up to $1.0 million, and Senior Loan Committee may approve all other loans exceeding specified limits of individual lending officers and/or Executive Officers.

and 297 more.

Gone since FY2025

At March 31, 2025, we had consolidated assets of $508.7 million, consolidated deposits of $416.2 million and consolidated stockholders’ equity of $83.3 million.
Our executive offices are located at principal office is located at 221 South Locust Street, Grand Island, Nebraska 68801, and our telephone number at that address is (308) 382-4000.
At June 30, 2024 (the most recent date for which FDIC data is publicly available), we were ranked third among the 17 FDIC-insured financial institutions with offices in Hall County, Nebraska, with a deposit market share of 11.12%.
Lending Activities Our primary lending activity is the origination of one- to four-family residential mortgage loans secured by properties located in our primary market area, as well as commercial real estate loans.
In recent years, we have increased our focus on originating higher yielding commercial real estate loans.
However, historically a significant majority of the residential real estate loans that we have originated are long-term, fixed-rate loans that generally conform to secondary market guidelines.
At March 31, 2025 2024 Amount Percent Amount Percent (Dollars in thousands) Real Estate - Construction $ 15,069 3.75 % $ 16,011 4.21 % Real Estate - Commercial 120,184 29.88 123,313 32.43 Real Estate - Residential 161,144 40.06 149,854 39.41 Commercial Non-Real Estate 32,007 7.96 35,047 9.22 Agricultural 42,835 10.65 19,694 5.18 Other Consumer 14,649 3.64 19,985 5.26 Land Development and Sanitary & Improvement Districts (SIDs) 16,327 4.06 16,341 4.29 Total loans 402,215 100.00 % 380,245 100.00 % Net deferred loan costs (18 ) Allowance for credit losses (5,441 ) (5,860 ) Total loans, net $ 396,756 $ 374,389 Contractual Terms to Final Maturities.
The following table sets forth the contractual maturities of our total loan portfolio at March 31, 2025.
At March 31, 2025 Real Estate-Construction Real Estate-Commercial Real Estate-Residential Commercial Non-Real Estate Agricultural Other Consumer Land Development and SIDS Total (Dollars in thousands) Amounts due in: One year or less $ 6,507 $ 8,272 $ 5,671 $ 6,646 $ 17,021 $ 5,878 $ 3,277 $ 53,272 More than one year through five years 4,769 30,277 23,988 12,135 3,853 4,331 10,394 89,747 More than five years through fifteen years 45,309 32,024 13,226 7,792 4,440 1,785 104,674 More than fifteen years 3,695 36,326 99,461 — 14,169 154,522 Total $ 15,069 $ 120,184 $ 161,144 $ 32,007 $ 42,835 $ 14,649 $ 16,327 $ 402,215 The following table sets forth our fixed-rate and adjustable-rate loans at March 31, 2025 that are contractually due after March 31, 2026.
Floating or Total at Fixed Adjustable March 31, Rate Rate 2025 (Dollars in thousands) Real Estate - Construction $ 4,769 $ 3,793 $ 8,562 Real Estate - Commercial 42,880 69,032 111,912 Real Estate - Residential 89,417 66,056 155,473 Commercial Non-Real Estate 14,945 10,416 25,361 Agricultural 6,335 19,479 25,814 Other Consumer 8,771 — 8,771 Land Development and SIDs 10,437 2,613 13,050 Total $ 177,554 $ 171,389 $ 348,943 Real Estate - Residential .
At March 31, 2025, we had $161.1 million of loans secured by one- to four-family residential real estate and multi-family real estate loans, representing 40.06% of total loans as of that date.
At March 31, 2025, we had $41.4 million in multi-family residential real estate loans, representing 10.29% of our total loan portfolio.
At March 31, 2025, our largest multi-family loan had a balance of $5.6 million and was secured by an apartment complex located in our primary market area.
At March 31, 2025, this loan was performing in accordance with its contractual terms.
At March 31, 2025, we had $120.2 million in commercial real estate loans, or 29.88% of total loans.
At March 31, 2025, our largest commercial real estate loan had an outstanding balance of $7.7 million and was secured by a single retail grocery chain property located in our primary market area.
At March 31, 2025, this loan was performing according to its original terms.
At March 31, 2025, commercial non-real estate loans were $32.0 million, or 7.96% of total loans.
At March 31, 2025, our largest commercial non-real estate loan totaled $1.6 million and was secured by media company licenses and related assets in our primary market area.
At March 31, 2025, we had $15.1 million in real estate construction loans, including properties for one- to four-family residences of $6.3 million and commercial construction properties of $8.8 million, representing 3.75% of our total loan portfolio.
At March 31, 2025, our largest real estate construction loan totaled $2.8 million and was secured by property located in our primary market area.
At March 31, 2025, we had $42.8 million in agricultural loans, or 10.65% of total loans.
At March 31, 2025, our largest agricultural loan totaled $5.9 million and was secured by property located in our primary market area.
At March 31, 2025, other consumer loans were $14.6 million, or 3.64% of total loans.
Our portion of the loans to individuals totaled $9.1 million at March 31, 2025, and the average underlying loan size was $17,000.
At March 31, 2025, land development and SIDs loans were $16.3 million, or 4.06% of total loans.
At March 31, 2025, our land development loans totaled $8.7 million, or 2.17% of total loans.
At March 31, 2025, our SIDs loans totaled $7.9 million, or 1.89% of total loans.
Our largest SID loan totaled $3.0 million and was secured by bonds and warrants.
At March 31, 2025, the outstanding balances of our loan participations where we were not the lead lender totaled $73.5 million, or 18.27% of our loan portfolio, of which $35.8 million, or 48.66%, were commercial real estate loans.
At March 31, 2025, we had participated out portions of loans with an aggregate principal balance of $58.8 million.
We had total loan sales for the fiscal years ended March 31, 2025 and 2024 of $14.9 million and $11.8 million, respectively.
At March 31, 2025, our loan to one borrower limitation was $10.9 million based on 15% of our unimpaired capital and surplus, $21.8 million for residential development loans with regulatory approval and $36.5 million for a group of related borrowers where each separate borrower is financially independent.
At March 31, 2025, our largest single loan to one borrower had an outstanding balance of $7.7 million and was secured by a grocery store property located in our primary market area.
At March 31, 2025, our largest credit relationship was a group of loans to related borrowers with total exposure of $18.0 million with all loans performing according to original terms.
We have a Residential Loan Committee, consisting of our Chairman of the Board, President and Chief Executive Officer, Executive Vice President and Chief Lending Officer and or Mortgage Manager, and Senior Loan Committee, consisting of our Chairman of the Board, President and Chief Executive Officer, Executive Vice President and Chief Lending Officer, Executive Vice President and Chief Sales Officer and other members of management and various lending staff.
The Residential Loan Committee may approve one- to four-family residential real estate loans up to $1.0 million, and Senior Loan Committee may approve all other loans.
The following table sets forth our loan delinquencies (including non-accrual loans), by type and amount at March 31, 2025 and 2024.
At March 31, 2025 2024 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due (Dollars in thousands) Real Estate - Construction $ — $ — $ — $ — $ — $ — Real Estate - Commercial — — — — — — Real Estate - Residential — — Commercial Non-Real Estate — — — — Agricultural — — — — — Other Consumer Land Development and SIDs — — — — — — Total $ $ $ $ $ $ Non-Performing Assets.
At March 31, 2025 2024 (Dollars in thousands) Non-accrual loans: Real Estate - Construction $ — $ — Real Estate - Commercial Real Estate - Residential Commercial Non-Real Estate — Agricultural — — Other Consumer Land Development and SIDs — Total non-accruing loans 1,329 Accruing loans past due 90 days or more: Real Estate-Construction — — Real Estate-Commercial — — Real Estate-Residential — Commercial Non-Real Estate — — Agricultural — — Other Consumer Land Development and SIDs — — Total accruing loans past due 90 days or more: Total non-performing loans 1,431 Other real estate owned — — Total non-performing assets $ 1,431 $ Total loans outstanding 402,215 380,245 Total assets outstanding 508,702 463,278 Total non-accruing loans as a percentage of total loans outstanding 0.33 % 0.14 % Total non-performing loans as a percentage of total loans outstanding 0.36 % 0.17 % Total non-performing loans as a percentage of total assets 0.28 % 0.14 % Total non-performing assets as a percentage of total assets 0.28 % 0.14 % Classified Assets .

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Sentence-level comparison of Item 1A in the two most recent 10-Ks (FY2025 ↗, FY2026 ↗). A reworded sentence counts as one dropped and one added, so heavy edits read as low “kept”. Headings and page furniture are stripped; nothing is summarised by a model.

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