Marathon Bancorp Reports 9.3% Asset Growth and 412% Net Income Increase for Fiscal Year Ending June 30, 2026

Marathon Bancorp, Inc. reported significant financial growth for the fiscal year ending June 30, 2026, with total assets increasing by 9.3% to $261.0 million, up from $238.8 million in the previous year. The company achieved a net income of $1.8 million, a substantial increase of 412% compared to the $42,000 reported in the prior year. This growth was primarily driven by a 35.8% rise in net interest income, which reached $8.2 million, attributed to higher loan interest income and an increase in the average yield on loans.

The company’s loan portfolio also saw notable expansion, with gross loans increasing by 8.3% to $219.3 million. This growth was fueled by a strategic focus on one-to-four-family residential loans, which rose by 12.8%, and multi-family real estate loans, which also increased by 12.8%. In contrast, commercial real estate loans grew by 4.4%. The provision for credit losses shifted from a recovery of $94,000 in the previous year to a provision of $35,000, reflecting the company's proactive approach to managing credit risk amid a growing loan portfolio.

Operationally, Marathon Bancorp has been expanding its geographic footprint, with the opening of a new branch in Brookfield, Wisconsin, and plans for another branch in New Holstein by late 2026. The company’s employee count decreased slightly to 31 full-time equivalent employees, down from 35 the previous year, as it continues to streamline operations. The bank's market share in deposits was reported at 2.99% in Marathon County, ranking it ninth among 17 institutions, while its market share in Ozaukee County was 0.53%, ranking 13th out of 15 institutions.

Looking ahead, Marathon Bancorp remains optimistic about its growth trajectory, emphasizing its commitment to expanding its commercial real estate and multifamily loan portfolios while maintaining a strong focus on community-oriented banking. The company is well-capitalized, with a Tier 1 capital ratio of 15.34% as of June 30, 2026, exceeding regulatory requirements. The management anticipates that the ongoing economic conditions and strategic initiatives will continue to support its financial performance in the coming fiscal year.