Malvern Bancorp, Inc. (MLVF) Financial Statements (2024 and earlier)

Company Profile

Business Address 42 EAST LANCASTER AVENUE
PAOLI, PA 19301
State of Incorp. PA
Fiscal Year End September 30
Industry (SIC) 6035 - Savings Institutions, Federally Chartered (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
6/30/2022
Q3
3/31/2022
Q2
12/31/2021
Q1
9/30/2021
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments35,00753,26741,171123,468136,395138,090
Cash and cash equivalents35,00753,26739,759122,023134,904136,590
Short-term investments   1,4121,4451,4911,500
Total current assets:35,00753,26741,171123,468136,395138,090
Noncurrent Assets
Operating lease, right-of-use asset   1,3951,5231,6631,796
Property, plant and equipment5,1345,2315,3655,4865,6355,777
Long-term investments and receivables  163,164   (157,554)
Long-term investments  163,164   (157,554)
Deferred income tax assets3,6493,7223,9753,6323,4613,530
Total noncurrent assets:8,783172,11710,73510,64110,759(146,451)
Other undisclosed assets974,002818,976977,647969,4871,006,0461,217,504
TOTAL ASSETS:1,017,7921,044,3601,029,5531,103,5961,153,2001,209,143
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities869,057897,915884,263959,0461,008,6431,066,975
Total liabilities:869,057897,915884,263959,0461,008,6431,066,975
Equity
Equity, attributable to parent, including:148,735146,445145,290144,550144,557142,168
Common stock767676767676
Treasury stock, value(2,863)(2,863)(2,863)(2,863)(2,863)(2,863)
Additional paid in capital85,98885,91785,83885,67885,59985,524
Accumulated other comprehensive income (loss)(2,903)(3,176)(1,638)(347)29736
Retained earnings69,15567,24764,66962,83562,31360,296
Unearned esop shares   (792)(829)(865)(901)
Other undisclosed equity, attributable to parent(718)(756)    
Total equity:148,735146,445145,290144,550144,557142,168
TOTAL LIABILITIES AND EQUITY:1,017,7921,044,3601,029,5531,103,5961,153,2001,209,143

Income Statement (P&L) ($ in thousands)

3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
6/30/2022
Q3
3/31/2022
Q2
12/31/2021
Q1
9/30/2021
Q4
Revenues10,3589,3378,5728,3158,8758,907
Net investment income10,3509,3158,5578,3048,8238,862
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
      (10,626)
Gross profit:10,3589,3378,5728,3158,875(1,719)
Operating expenses(1,734)(2,289)(1,933)(1,805)(1,922)(1,697)
Other operating expense, net
(Other Nonrecurring (Income) Expense)
      
Operating income (loss):8,6247,0486,6396,5106,953(3,416)
Nonoperating income222219219331221221
Investment income, nonoperating494848485254
Bank owned life insurance income173171171283169167
Interest and debt expense(2,596)(1,406)(1,264)(1,350)(1,665)(2,037)
Income (loss) from continuing operations before equity method investments, income taxes:6,2505,8615,5945,4915,509(5,232)
Other undisclosed loss from continuing operations before income taxes(3,773)(2,649)(3,258)(4,821)(2,852)(3,074)
Income (loss) from continuing operations before income taxes:2,4773,2122,3366702,657(8,306)
Income tax expense (benefit)(569)(634)(502)(148)(640)2,116
Income (loss) from continuing operations:1,9082,5781,8345222,017(6,190)
Income (loss) before gain (loss) on sale of properties:2,5781,8345222,017(6,190)
Net income (loss) available to common stockholders, diluted:1,9082,5781,8345222,017(6,190)

Comprehensive Income ($ in thousands)

3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
6/30/2022
Q3
3/31/2022
Q2
12/31/2021
Q1
9/30/2021
Q4
Net income (loss):1,9082,5781,8345222,017(6,190)
Other comprehensive income (loss)   (1,291)(644)26130
Other undisclosed comprehensive income  1,674    
Comprehensive income (loss):1,9084,252543(122)2,278(6,160)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent273(3,212)    
Comprehensive income (loss), net of tax, attributable to parent:2,1811,040543(122)2,278(6,160)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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