MFB Bancorp, Inc. (MFDB)
Mutual Federal Bancorp, Inc. serves as the parent organization for Mutual Federal Bank, an institution that delivers a broad spectrum of financial offerings and services to clients across the United States. The bank’s offerings encompass a variety of deposit accounts, such as checking, savings, money market, certificates of deposit (CDs), and individual retirement accounts (IRAs). Additionally, it extends credit through mortgage and home equity loan products. Established in 1905, the organization maintains its principal place of business in Chicago, Illinois. Significantly, Mutual Federal Bancorp, Inc. functions as a controlled entity under Mutual Federal Bancorp, MHC.
Industry: Banks - Regional
Mutual Federal Bancorp, Inc.
OTC:MFDBFinancial Services · Banks - Regional
Mkt Cap-
Float491K
O/S3.37M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$5.22M
Net Income$338K
Total Assets$97.25M
Free Cash Flow-$235K
Debt & Equity
Debt 52%
Equity 48%
Total Debt$18M
Total Equity$16.3M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in MFDB's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$97.25M
Liabilities$80.95M
Accounts Receivable$0
Accounts Payable$0
Inventory$0
PP&E (Net)$1.68M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
| Revenue | $5.22M | $4.91M | $6.22M | $7.38M | $8.5M | $11.78M | $6.37M | $3.43M | $4.25M | $4.04M | $3.75M | $4.8M | $3.82M |
| YoY Growth | 6.3% | -20.9% | -15.7% | -13.2% | -27.8% | 84.9% | 85.8% | -19.4% | 5.2% | 7.6% | -21.8% | 25.7% | - |
| Cost of Revenue | $1.74M | $1.72M | $1.78M | $686K | $311K | $461K | $503K | $2.36M | $1.35M | $1.18M | $808K | $728K | $948K |
| Gross Profit | $3.49M | $3.19M | $4.43M | $6.69M | $8.19M | $11.32M | $5.87M | $1.07M | $2.91M | $2.86M | $2.95M | $4.07M | $2.87M |
| Gross Margin | 66.8% | 65.0% | 71.3% | 90.7% | 96.3% | 96.1% | 92.1% | 31.1% | 68.3% | 70.8% | 78.5% | 84.8% | 75.2% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $341K | $570K | $284K | $355K | $434K | $334K | $352K | $1.48M | $1.37M | $1.11M | $1.05M | $940K | $974K |
| Other | $2.81M | $2.95M | $4.44M | $6.55M | $7.4M | $9.67M | $5.28M | $1.01M | $1.02M | $920K | $709K | $687K | $656K |
| Total Operating Expenses | $3.15M | $3.52M | $4.73M | $6.91M | $7.84M | $10M | $5.63M | $2.49M | $2.39M | $2.03M | $1.76M | $1.63M | $1.63M |
| Operating Income (EBIT) | $338K | -$330K | -$296K | -$218K | $355K | $1.31M | $237K | -$1.43M | $514K | $834K | $1.19M | $2.45M | $1.24M |
| Operating Margin | 6.5% | -6.7% | -4.8% | -3.0% | 4.2% | 11.2% | 3.7% | -41.7% | 12.1% | 20.6% | 31.6% | 51.0% | 32.5% |
| Interest Expense | $1.74M | $1.72M | $1.78M | $686K | $311K | $461K | $503K | $1.2M | $1.3M | $1.11M | $788K | $728K | $948K |
| Interest Income | $5.17M | $4.86M | $5.35M | $4.18M | $3.24M | $3.45M | $3.64M | $3.99M | $4.36M | $3.99M | $3.24M | $3.19M | $3.51M |
| Other Income (Expense) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $338K | -$330K | -$296K | -$218K | $355K | $1.31M | $237K | -$1.43M | $514K | $834K | $1.19M | $2.45M | $1.24M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$522K | $219K | $304K | $442K | $921K | $448K |
| Net Income | $338K | -$330K | -$296K | -$218K | $355K | $1.31M | $237K | -$906K | $295K | $530K | $743K | $1.53M | $793K |
| Net Income Margin | 6.5% | -6.7% | -4.8% | -3.0% | 4.2% | 11.2% | 3.7% | -26.4% | 6.9% | 13.1% | 19.8% | 31.8% | 20.8% |
| Supplementary Data | |||||||||||||
| EPS | 0.10 | -0.09 | -0.09 | -0.07 | 0.11 | 0.39 | 0.07 | -0.27 | 0.08 | 0.12 | 74.30 | 152.60 | 79.30 |
| Diluted EPS | 0.10 | -0.09 | -0.09 | -0.07 | 0.11 | 0.39 | 0.07 | -0.27 | 0.08 | 0.12 | 74.30 | 152.60 | 79.30 |
| Weighted Average OS | 3.29M | 3.64M | 3.33M | 3.33M | 3.33M | 3.33M | 3.37M | 3.42M | 3.54M | 4.42M | 10,000 | 10,000 | 10,000 |
| EBITDA | $394K | -$263K | -$219K | -$144K | $426K | $1.37M | $275K | -$1.38M | $572K | $954K | $1.35M | $2.64M | $1.4M |
| EBITDA Margin | 7.5% | -5.4% | -3.5% | -2.0% | 5.0% | 11.6% | 4.3% | -40.2% | 13.4% | 23.6% | 36.1% | 55.0% | 36.7% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
| Assets | |||||||||||||
| Current Assets | |||||||||||||
| Cash and Cash Equivalents | $8.55M | $9.8M | $11.19M | $11.83M | $22.97M | $15.46M | $7.89M | $3.45M | $2.26M | $2.27M | $1.25M | $3.68M | $4.24M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $8.55M | $9.8M | $11.19M | $11.83M | $22.97M | $15.46M | $7.89M | $3.45M | $2.26M | $2.27M | $1.25M | $3.68M | $4.24M |
| Accounts Receivable | $0 | $396K | $421K | $441K | $309K | $378K | $194K | $343K | $360K | $339K | $236K | $255K | $246K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $8.55M | $10.2M | $11.61M | $12.27M | $23.28M | $15.84M | $8.08M | $3.8M | $2.62M | $2.61M | $1.49M | $3.94M | $4.49M |
| Long-Term Assets | |||||||||||||
| Property, Plant & Equipment Net | $1.68M | $1.62M | $1.67M | $1.64M | $1.68M | $1.73M | $1.46M | $918K | $250K | $289K | $305K | $357K | $421K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $201K | $198K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $85.02M | $83.79M | $84.64M | $100.46M | $99K | $165K | $59.92M | $12.91M | $69.39M | $19.56M | $62.06M | $59.92M | $62.11M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $2M | $1.48M | $1.59M | $2.36M | $0 | $70.74M | $2.61M | -$13.83M | $745K | -$19.85M | $640K | $527K | $488K |
| Total Long-Term Assets | $88.7M | $86.89M | $88.09M | $104.65M | $1.78M | $72.64M | $63.99M | $13.83M | $70.39M | $19.85M | $63M | $60.81M | $63.02M |
| Other Assets | $0 | $0 | $0 | $0 | $67.31M | $0 | $0 | $53.58M | $0 | $52.61M | $0 | $0 | $0 |
| Total Assets | $97.25M | $97.09M | $99.71M | $116.92M | $92.37M | $88.48M | $72.07M | $71.21M | $73.01M | $75.06M | $64.49M | $64.75M | $67.51M |
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.44M | $1.04M | $1.05M | $2.27M | $1.38M | $1.39M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $61.3M | $61.33M | $66.8M | $68.13M | $68.84M | $63.84M | $55.12M | -$2.89M | $39.72M | -$2.11M | $43.52M | $44.57M | $47.03M |
| Total Current Liabilities | $61.3M | $61.33M | $66.8M | $68.13M | $68.84M | $63.84M | $55.12M | $1.44M | $41.79M | $1.05M | $48.06M | $47.32M | $49.8M |
| Long-Term Liabilities | |||||||||||||
| Long-Term Debt | $18M | $18M | $14.5M | $30.25M | $5M | $5M | $0 | $6M | $5M | $2M | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $1.65M | $1.8M | $2.12M | $1.82M | $1.61M | $3.07M | $1.71M | -$6M | -$693K | -$2M | -$1.91M | -$1.12M | -$1.12M |
| Total Long-Term Liabilities | $19.65M | $19.8M | $16.62M | $32.08M | $6.61M | $8.07M | $1.71M | $6M | $4.31M | $2M | -$1.91M | -$1.12M | -$1.12M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $38.99M | $0 | $43.77M | $0 | $0 | $0 |
| Total Liabilities | $80.95M | $81.13M | $83.42M | $100.2M | $75.45M | $71.92M | $56.83M | $46.44M | $46.1M | $46.83M | $46.15M | $46.2M | $48.67M |
| Stockholders' Equity | |||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $36K | $36K | $36K | $36K | $36K | $36K | $36K | $36K | $36K | $36K | $1K | $1K | $1K |
| Retained Earnings | $8.91M | $8.58M | $8.91M | $9.54M | $9.76M | $9.4M | $8.09M | $18.02M | $19.08M | $18.78M | $18.25M | $17.81M | $17.28M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $4K | $0 | -$703K | -$654K | -$760K | $83K | $730K | $1.55M |
| Other Stockholders' Equity | $7.35M | $7.35M | $7.35M | $7.14M | $7.13M | $7.13M | $7.13M | $6.72M | $7.8M | $9.41M | $83K | $730K | $1.55M |
| Total Equity | $16.3M | $15.96M | $16.29M | $16.71M | $16.93M | $16.57M | $15.25M | $24.77M | $26.91M | $28.23M | $18.34M | $18.54M | $18.84M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $97.25M | $97.09M | $99.71M | $116.92M | $92.37M | $88.48M | $72.07M | $71.21M | $73.01M | $75.06M | $64.49M | $64.75M | $67.51M |
| Supplementary Data | |||||||||||||
| Total Debt | $18M | $18M | $14.5M | $30.25M | $5M | $5M | $0 | $6M | $5M | $2M | $0 | $0 | $0 |
| Net Debt | $9.45M | $8.2M | $3.31M | $18.42M | -$17.97M | -$10.46M | -$7.89M | $2.55M | $2.74M | -$268K | -$1.25M | -$3.68M | -$4.24M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
| Operating Activities | |||||||||||||
| Net Income | $338K | -$330K | -$296K | -$218K | $355K | $1.31M | $237K | -$906K | $295K | $530K | $743K | $1.53M | $793K |
| Depreciation & Amortization | $56K | $67K | $77K | $74K | $71K | $52K | $38K | $50K | $58K | $120K | $169K | $192K | $161K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$5K | $14K | $30K |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||
| Accounts Receivable | -$125K | $313K | $0 | $144K | $230K | -$609K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$149K | -$318K | $314K | -$511K | -$1.15M | $1.3M | $0 | -$682K | -$46K | $0 | $1.23M | $483K | -$217K |
| Total Working Capital Change | -$274K | -$5K | $314K | -$367K | -$918K | $696K | $312K | -$682K | -$46K | -$1.39M | $1.23M | $483K | -$217K |
| Other Non-Cash Items | -$232K | $0 | -$1.41M | $5.96M | $10.16M | -$7.02M | -$6.02M | $2.08M | $430K | $16K | -$571K | -$1.67M | -$364K |
| Net Cash from Operating | -$112K | -$268K | -$1.31M | $5.45M | $9.66M | -$4.96M | -$5.43M | $540K | $737K | -$723K | $1.57M | $543K | $403K |
| Investing Activities | |||||||||||||
| Capital Expenditures | -$123K | -$18K | -$106K | -$32K | -$19K | -$320K | -$147K | -$718K | -$19K | -$43K | -$35K | -$37K | -$102K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$641K | $0 | -$2M | -$1.89M | -$13.12M | -$16.68M |
| Sales of Investments | $6.97M | $18K | $24K | $43K | $83K | $1.08M | $172K | $3.39M | $3.3M | $6.59M | $8.88M | $13.44M | $15.97M |
| Other Investing Activities | -$7.96M | $850K | $17.84M | -$41.49M | -$7.26M | -$2.01M | -$2.15M | $182K | -$1.28M | -$14.01M | -$9.72M | $2.07M | $650K |
| Net Cash from Investing | -$1.11M | $850K | $17.76M | -$41.48M | -$7.2M | -$1.25M | -$2.13M | $2.22M | $2M | -$9.41M | -$2.76M | $2.36M | -$164K |
| Financing Activities | |||||||||||||
| Debt Repaid | - | -$3.5M | $16.6M | -$25.25M | - | -$5M | - | -$1M | -$3M | -$2M | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9.33M | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$170K | $0 | $0 | -$300K | -$1M | $0 |
| Other Financing Activities | -$30K | -$5.47M | -$484K | -$364K | $5.04M | $8.78M | -$1.61M | -$1.1M | -$3.75M | -$177K | -$943K | -$2.46M | -$510K |
| Net Cash from Financing | -$30K | -$1.97M | -$17.08M | $24.89M | $5.04M | $13.78M | -$1.61M | -$1.57M | -$2.74M | $11.15M | -$1.24M | -$3.46M | -$510K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$1.25M | -$1.39M | -$635K | -$11.15M | $7.51M | $7.58M | -$9.16M | $1.19M | -$4K | $1.02M | -$2.43M | -$559K | -$271K |
| Supplementary Data | |||||||||||||
| Operating Cash Flow | -$112K | -$268K | -$1.31M | $5.45M | $9.66M | -$4.96M | -$5.43M | $540K | $737K | -$723K | $1.57M | $543K | $403K |
| Capital Expenditure | -$123K | -$18K | -$106K | -$32K | -$19K | -$320K | -$147K | -$718K | -$19K | -$43K | -$35K | -$37K | -$102K |
| Free Cash Flow | -$235K | -$286K | -$1.42M | $5.42M | $9.64M | -$5.28M | -$5.58M | -$178K | $718K | -$766K | $1.53M | $506K | $301K |
| Cash at Beginning | $9.8M | $11.19M | $11.83M | $22.97M | $15.46M | $7.89M | $17.05M | $2.26M | $2.27M | $1.25M | $3.68M | $4.24M | $4.51M |
| Cash at End | $8.55M | $9.8M | $11.19M | $11.83M | $22.97M | $15.46M | $7.89M | $3.45M | $2.26M | $2.27M | $1.25M | $3.68M | $4.24M |