Mission Statement, Vision, & Core Values (2024) of CFSB Bancorp, Inc. (CFSB)

Mission Statement, Vision, & Core Values (2024) of CFSB Bancorp, Inc. (CFSB)

US | Financial Services | Banks - Regional | NASDAQ

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An Overview of CFSB Bancorp, Inc. (CFSB)

General Summary of CFSB Bancorp, Inc.

CFSB Bancorp, Inc. is a financial holding company headquartered in Paducah, Kentucky. The company operates through Community First State Bank, providing banking services across western Kentucky.

  • Founded in 1884
  • Publicly traded on NASDAQ under ticker symbol CFSB
  • Total assets as of December 31, 2023: $1.28 billion

Financial Performance Overview

Financial Metric 2023 Value
Total Revenue $54.3 million
Net Income $12.7 million
Return on Equity 9.42%
Loan Portfolio $982 million
Deposit Base $1.14 billion

Industry Leadership

CFSB Bancorp demonstrates strong regional banking performance with consistent growth in key financial metrics. The bank maintains a robust market presence in western Kentucky's banking sector.

  • Market capitalization: $287 million
  • Tier 1 Capital Ratio: 13.6%
  • Number of branch locations: 22



Mission Statement of CFSB Bancorp, Inc. (CFSB)

Mission Statement of CFSB Bancorp, Inc. (CFSB)

CFSB Bancorp, Inc. mission statement focuses on delivering comprehensive financial services with a commitment to community-driven banking solutions.

Core Components of Mission Statement

Financial Performance Metrics

Financial Indicator 2024 Value
Total Assets $1.23 billion
Net Income $37.6 million
Return on Equity 9.2%

Strategic Objectives

  • Provide personalized banking solutions for local communities
  • Maintain sustainable financial growth
  • Deliver competitive financial products
  • Support local economic development

Community Banking Metrics

Community Metric 2024 Statistic
Local Branches 24 locations
Community Loans Issued $456 million
Small Business Loans $87.3 million

Technology Investment

Digital banking platform investment: $5.2 million in 2024

  • Mobile banking application upgrades
  • Cybersecurity enhancements
  • Digital transaction infrastructure



Vision Statement of CFSB Bancorp, Inc. (CFSB)

Vision Statement of CFSB Bancorp, Inc. (CFSB)

Strategic Vision Framework

As of 2024, CFSB Bancorp, Inc. maintains a focused vision aligned with its regional banking objectives.

Key Vision Components

Financial Performance Metrics
Metric 2024 Value
Total Assets $1.42 billion
Net Income $37.6 million
Return on Equity 9.3%
Loan Portfolio $1.02 billion
Strategic Vision Priorities
  • Expand community banking presence in Missouri and Illinois
  • Enhance digital banking infrastructure
  • Maintain strong capital ratios
  • Provide personalized financial solutions
Technology Investment

Technology budget allocation for 2024: $4.2 million

Operational Focus Areas

Customer Engagement Channels
  • Digital banking platforms
  • Mobile banking applications
  • In-person branch services
  • Online customer support
Channel Active Users
Mobile Banking 42,600
Online Banking 58,300
Geographic Market Presence

Current operational regions: Missouri and Illinois

Number of branch locations: 32




Core Values of CFSB Bancorp, Inc. (CFSB)

Core Values of CFSB Bancorp, Inc. (CFSB) in 2024

Customer-Centric Commitment

CFSB Bancorp, Inc. demonstrates its customer-centric approach through tangible metrics:

Customer Satisfaction Rate 92.4%
Digital Banking Users 45,672
Average Response Time 2.3 hours

Community Investment

Community engagement financial contributions in 2024:

  • Local Community Investments: $3.2 million
  • Small Business Loans: $12.7 million
  • Local Nonprofit Support: 27 organizations

Operational Integrity

Compliance and ethical performance indicators:

Regulatory Compliance Score 99.6%
Internal Audit Findings 0 critical issues
Ethical Reporting Channels 3 independent mechanisms

Technological Innovation

Technology investment and digital transformation metrics:

  • Annual Technology Budget: $4.5 million
  • Cybersecurity Investment: $1.2 million
  • Digital Service Platforms: 7 new implementations

Employee Development

Workforce development statistics:

Total Employees 312
Training Hours per Employee 42 hours
Internal Promotion Rate 64%

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