Central Plains Bancshares, Inc. Debt Disclosure
Note 6 - Borrowings
The Company had no outstanding borrowings as of March 31, 2026 and March 31, 2025.
The following table shows certain information regarding our borrowings at or for the dates indicated:
|
|
At or For the Year Ended March 31, |
|
|||||
|
|
2026 |
|
|
2025 |
|
||
FHLB of Topeka advances and other borrowings: |
|
(Dollars in thousands) |
|
|||||
Average balance outstanding |
|
$ |
1,324 |
|
|
$ |
1,752 |
|
Maximum amount outstanding with the FHLB of Topeka at any month-end during the period |
|
|
8,500 |
|
|
|
8,000 |
|
Maximum amount outstanding with the Federal Reserve Bank at any month-end during the period |
|
|
— |
|
|
|
— |
|
Maximum amount outstanding with a private banker's bank at any month-end during the period |
|
|
— |
|
|
|
459 |
|
Total maximum amount outstanding at any month-end during the period |
|
$ |
8,500 |
|
|
$ |
8,459 |
|
Average interest rate during the period |
|
|
4.46 |
% |
|
|
5.65 |
% |
As of March 31, 2026, the Association had remaining available borrowing capacity with the Federal Home Loan Bank (“FHLB”) of approximately $47.0 million, compared to $40.5 million at March 31, 2025, subject to collateral requirements and FHLB credit policies. The Association had $13.0 million in irrevocable letters of credit outstanding with the FHLB at March 31, 2026 to secure public deposits. The FHLB retains sole discretion to grant or deny additional advances. At March 31, 2026, the Association had pledged investment securities with a carrying value of $25,000 and loans with a carrying value of $80.0 million as collateral for FHLB borrowings.
As of March 31, 2026, the Association had an approved line of credit with the Federal Reserve Bank (“FRB”) Discount Window. The Association had pledged commercial real estate loans with a carrying value of $13.4 million as collateral for potential borrowings and had remaining borrowing capacity of approximately $10.0 million at March 31, 2026.
Additionally, the Association maintained a $5.0 million unsecured federal funds line of credit with a private bankers’ bank at March 31, 2026 and March 31, 2025.
Want the next Central Plains Bancshares, Inc. debt disclosure the moment it drops?
Set a Sentinel and we'll alert you the moment Central Plains Bancshares, Inc.'s next filing hits EDGAR. No credit card, your email never gets sold.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2026 | Jun 18, 2026 | Showing above |
| 2025 | Jun 26, 2025 | |
| 2024 | Jun 21, 2024 | |
About Debt Disclosures
Debt disclosures detail a company's borrowing structure — the types of instruments, interest rates, maturity schedule, and covenant restrictions that define its financial obligations and flexibility. This section is essential for assessing refinancing risk, interest rate exposure, and the margin of safety against financial distress.
Key signals: the maturity schedule reveals concentration risk — large maturities within 1-2 years during tight credit markets can force dilutive refinancing or asset sales. Compare the fair value of debt against carrying amount to gauge whether the market views the company's credit risk differently than the balance sheet suggests. Watch covenant compliance disclosures for tightening cushions, especially leverage and interest coverage ratios. Variable-rate debt exposure quantifies sensitivity to interest rate changes. Secured versus unsecured mix affects recovery rates and future borrowing capacity. Compare net debt-to-EBITDA against industry peers and covenant limits to assess financial health.