MUNCY COLUMBIA FINANCIAL Files 10-Q, Confirms Smaller Reporting Status

TL;DR

CCFN's latest 10-Q confirms its smaller reporting status, signaling less regulatory scrutiny but also potentially less public financial detail for investors.

AI Summary

MUNCY COLUMBIA FINANCIAL Corp (CCFN) filed its 10-Q for the quarter ended June 30, 2025, indicating it is a non-accelerated filer and a smaller reporting company. The company is incorporated in Pennsylvania with its business address at 232 East Street, Bloomsburg, PA 17815. As of the filing date, CCFN has filed all required reports under Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months and has been subject to such filing requirements for the past 90 days. The registrant has also submitted every Interactive Data File required by Rule 405 of Regulation S-T during the preceding 12 months. The company's telephone number is (570) 784-4400. No securities are registered pursuant to Section 12(b) of the Act, and the company is not a shell company. The filing does not provide specific dollar amounts for revenue or net income, nor does it detail key business changes, risks, or strategic outlook beyond its filing status.

Why It Matters

For investors, CCFN's status as a non-accelerated and smaller reporting company means less stringent reporting requirements, which can impact transparency and analytical depth compared to larger financial institutions. This competitive context suggests that investors might need to conduct more independent due diligence. Employees and customers are less directly impacted by this specific filing detail, but the company's compliance with SEC reporting requirements ensures a baseline level of corporate governance. The broader market implications are minimal given CCFN's size and local focus, but it highlights the diverse regulatory landscape for financial firms.

Risk Assessment

Risk Level: low — The filing itself indicates a low risk level as MUNCY COLUMBIA FINANCIAL Corp has successfully filed all required reports under Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months and has submitted all Interactive Data Files. This demonstrates compliance with regulatory obligations, reducing immediate compliance-related risks.

Analyst Insight

Investors should note CCFN's smaller reporting company status, which implies less detailed public financial disclosures. Therefore, investors should seek additional information beyond standard SEC filings to gain a comprehensive understanding of the company's financial health and operational performance.

Key Numbers

• 10-Q — Form Type (Quarterly Report filed by MUNCY COLUMBIA FINANCIAL Corp)
• 000-19028 — Commission File Number (SEC file number for MUNCY COLUMBIA FINANCIAL Corp)
• 20250630 — Conformed Period of Report (The period ending date for which the 10-Q was filed)
• 20250808 — Filed As Of Date (The date the 10-Q was officially filed with the SEC)

Key Players & Entities

• MUNCY COLUMBIA FINANCIAL Corp (company) — registrant of the 10-Q filing
• SEC (regulator) — United States Securities and Exchange Commission
• Pennsylvania (location) — state of incorporation for MUNCY COLUMBIA FINANCIAL Corp
• June 30, 2025 (date) — end of the quarterly period reported
• August 8, 2025 (date) — filing date of the 10-Q
• 232 East Street, Bloomsburg, Pennsylvania (location) — business address of MUNCY COLUMBIA FINANCIAL Corp
• 570-784-4400 (phone_number) — registrant's telephone number

FAQ

Industry Context

Muncy Columbia Financial Corp operates within the State Commercial Banks sector (SIC 6022). This industry is characterized by its highly regulated nature, reliance on interest rate differentials for profitability, and increasing competition from both traditional financial institutions and fintech companies. Banks in this sector typically focus on deposit gathering and lending to individuals and businesses within their local or regional markets.

Regulatory Implications

As a state-chartered commercial bank, CCFN is subject to stringent oversight from state banking authorities and potentially federal regulators like the FDIC. Compliance with capital adequacy ratios, consumer protection laws, and anti-money laundering regulations are critical. Any changes in banking regulations or enforcement actions could significantly impact its operations and profitability.

What Investors Should Do

1. Seek detailed financial statements
2. Monitor future filings for performance metrics

Key Dates

• 2025-06-30: Quarterly period ended — Marks the end of the reporting period for the 10-Q filing.
• 2025-08-08: 10-Q Filing Date — Indicates the official submission date of the quarterly report to the SEC.

Glossary

10-Q

A quarterly report required by the U.S. Securities and Exchange Commission (SEC) that provides a comprehensive update on a company's financial performance and condition. (This is the primary document analyzed, providing insights into the company's performance during the specified quarter.)

Non-accelerated filer

A category of filer defined by the SEC that has less than $75 million in public float and has been an SEC filer for at least 12 months. They have fewer disclosure requirements than accelerated filers. (Indicates the company's size and reporting obligations, suggesting a smaller public float and potentially less stringent disclosure timelines.)

Smaller reporting company

A company that meets certain criteria, including having a public float of less than $250 million or annual revenues of less than $100 million. These companies have scaled-down disclosure requirements. (Further categorizes the company, reinforcing its smaller size and potentially simpler financial structure compared to larger corporations.)

Section 13 or 15(d) of the Securities Exchange Act of 1934

These sections mandate that public companies file periodic reports (like 10-Ks and 10-Qs) with the SEC to ensure transparency and provide information to investors. (Confirms the company is subject to standard SEC reporting requirements for public entities.)

Rule 405 of Regulation S-T

This rule requires companies to submit their filings in an electronic format, including the use of eXtensible Business Reporting Language (XBRL) for financial data. (Indicates the company is compliant with modern electronic filing standards, including interactive data.)

Year-Over-Year Comparison

As specific financial metrics such as revenue, net income, and asset values were not detailed in the provided context, a direct comparison to the previous filing year is not possible. The filing confirms CCFN's status as a non-accelerated filer and smaller reporting company, which is consistent with its likely operational scale. No new risks or significant business changes were highlighted in the provided summary information.

Key Financial Figures

• $1.25 — latest practical date: Common stock, $1.25 par value, 3,534,998 shares outstanding

Filing Documents

• ea0251691-10q_muncy.htm (10-Q) — 1786KB
• ea025169101ex31-1_muncy.htm (EX-31.1) — 10KB
• ea025169101ex31-2_muncy.htm (EX-31.2) — 10KB
• ea025169101ex32-1_muncy.htm (EX-32.1) — 5KB
• ea025169101ex32-2_muncy.htm (EX-32.2) — 5KB
• 0002077096-25-000006.txt ( ) — 8425KB
• ccfn-20250630.xsd (EX-101.SCH) — 50KB
• ccfn-20250630_cal.xml (EX-101.CAL) — 65KB
• ccfn-20250630_def.xml (EX-101.DEF) — 265KB
• ccfn-20250630_lab.xml (EX-101.LAB) — 507KB
• ccfn-20250630_pre.xml (EX-101.PRE) — 282KB
• ea0251691-10q_muncy_htm.xml (XML) — 1782KB

Financial Information

Part I. Financial Information 3 Item 1.

Financial Statements (unaudited)

Financial Statements (unaudited) 3 Consolidated Balance Sheets 3 Consolidated Statements of Income 4 Consolidated Statements of Comprehensive Income 5 Consolidated Statements of Changes in Stockholders' Equity 6 Consolidated Statements of Cash Flows 7 Notes to Unaudited Consolidated Financial Statements 8 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 23 Item 3. Quantitative and Qualitative Disclosure About Market Risk 41 Item 4.

Controls and Procedures

Controls and Procedures 41

Other Information

Part II. Other Information 42 Item 1.

Legal Proceedings

Legal Proceedings 42 Item 1A.

Risk Factors

Risk Factors 42 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 42 Item 3. Defaults Upon Senior Securities 42 Item 4. Mine Safety Disclosures 42 Item 5. Other Information 42 Item 6. Exhibits 42

Financial Information

PART I Financial Information

Financial Statements

Item 1. Financial Statements Muncy Columbia Financial Corporation Consolidated Balance Sheets (In Thousands, Except Share and Per Share Data) (Unaudited) June 30, 2025 December 31, 2024 ASSETS Cash and due from banks $ 15,472 $ 11,200 Interest-bearing deposits in other banks 25,240 6,180 Total cash and cash equivalents 40,712 17,380 Available-for-sale debt securities, at fair value 292,764 323,248 Marketable equity securities, at fair value 1,335 1,355 Restricted investment in bank stocks, at cost 5,703 7,095 Loans held for sale 2,719 1,691 Loans receivable 1,157,072 1,125,937 Allowance for credit losses ( 10,167 ) ( 9,858 ) Loans, net 1,146,905 1,116,079 Premises and equipment, net 26,789 26,484 Foreclosed assets held for sale 70 70 Accrued interest receivable 5,063 4,850 Bank-owned life insurance 41,461 40,953 Investment in limited partnerships 4,719 5,092 Deferred tax asset, net 8,208 10,012 Goodwill 25,609 25,609 Other intangible assets, net 9,044 10,047 Other assets 5,114 5,993 TOTAL ASSETS $ 1,616,215 $ 1,595,958 LIABILITIES Interest-bearing deposits $ 1,088,383 $ 1,032,729 Noninterest-bearing deposits 272,680 259,700 Total deposits 1,361,063 1,292,429 Short-term borrowings 18,121 68,388 Long-term borrowings 45,451 55,536 Accrued interest payable 1,778 1,857 Other liabilities 13,527 11,338 TOTAL LIABILITIES 1,439,940 1,429,548 STOCKHOLDERS' EQUITY Common stock, par value $ 1.25 per share; 15,000,000 shares authorized; issued 3,843,723 and outstanding 3,534,998 at June 30, 2025; issued 3,841,438 and outstanding 3,532,713 at December 31, 2024 4,805 4,802 Additional paid-in capital 83,636 83,543 Retained earnings 108,434 103,268 Accumulated other comprehensive loss ( 9,293 ) ( 13,896 ) Treasury stock, at cost; 308,725 shares at June 30, 2025 and December 31, 2024 ( 11,307 ) ( 11,307 ) TOTAL STOCKHOLDERS' EQUITY 176

financial statements

financial statements. 3 Muncy Columbia Financial Corporation Consolidated Statements of Income For the Three Months Ended For the Six Months Ended June 30, June 30, (In Thousands, Except Share and Per Share Data) (Unaudited) 2025 2024 2025 2024 INTEREST AND DIVIDEND INCOME Interest and fees on loans: Taxable $ 18,805 $ 17,741 $ 37,089 $ 34,997 Tax-exempt 420 332 818 685 Interest and dividends on investment securities: Taxable 1,311 1,020 2,408 2,181 Tax-exempt 860 836 1,720 1,666 Dividend and other interest income 165 204 333 427 Deposits in other banks 101 62 135 128 TOTAL INTEREST AND DIVIDEND INCOME 21,662 20,195 42,503 40,084 INTEREST EXPENSE Deposits 6,037 5,610 11,838 10,220 Short-term borrowings 252 1,427 795 3,924 Long-term borrowings 565 798 1,194 1,645 TOTAL INTEREST EXPENSE 6,854 7,835 13,827 15,789 NET INTEREST INCOME 14,808 12,360 28,676 24,295 PROVISION FOR CREDIT LOSSES 254 29 364 119 NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 14,554 12,331 28,312 24,176 NON-INTEREST INCOME Service charges and fees 709 667 1,431 1,282 Interchange fees 673 687 1,296 1,306 Gain on sale of loans 71 93 154 169 Earnings on bank-owned life insurance 233 229 464 456 Brokerage 252 192 485 416 Trust 280 204 518 410 Gains (losses) on marketable equity securities 14 ( 38 ) ( 20 ) ( 155 ) Realized losses on available-for-sale debt securities, net ( 426 ) - ( 426 ) ( 8 ) Other non-interest income 431 385 780 1,075 TOTAL NON-INTEREST INCOME 2,237 2,419 4,682 4,951 NON-INTEREST EXPENSE Salaries and employee benefits 4,984 4,640 11,304 9,442 Occupancy 640 581 1,360 1,199 Furniture and equipment 460 384 886 790 Pennsylvania shares tax 301 230 602 440 Professional fees 414 319 862 776 Director's fees 165 105 318 239 Federal deposit insurance 217 188 435 408 Data

financial statements

financial statements. 4 Muncy Columbia Financial Corporation Consolidated Statements of Comprehensive Income For the Three Months Ended For the Six Months Ended June 30, June 30, (In Thousands) (Unaudited) 2025 2024 2025 2024 Net Income $ 5,768 $ 4,707 $ 10,113 $ 8,743 Other comprehensive income (loss): Unrealized holding gains (losses) on available-for-sale debt securities 2,639 ( 519 ) 5,400 ( 2,412 ) Tax effect ( 555 ) 109 ( 1,134 ) 506 Net realized losses included in net income 426 - 426 8 Tax effect ( 89 ) - ( 89 ) ( 2 ) Other comprehensive income (loss), net 2,421 ( 410 ) 4,603 ( 1,900 ) Comprehensive income $ 8,189 $ 4,297 $ 14,716 $ 6,843 See accompanying notes to the unaudited consolidated

financial statements

financial statements. 5 Muncy Columbia Financial Corporation Consolidated Statements of Changes in Stockholders' Equity (In Thousands Except Share and Per Share Data) Common Stock Additional Paid-In Retained Accumulated Other Comprehensive Treasury Total Stockholders' (Unaudited) Shares Amount Capital Earnings Loss Stock Equity For the three months ended: Balance, March 31, 2025 3,842,691 $ 4,804 $ 83,594 $ 106,023 $ ( 11,714 ) $ ( 11,307 ) $ 171,400 Net income - - - 5,768 - - 5,768 Other comprehensive income - - - - 2,421 - 2,421 Common stock issuance under employee stock purchase plan 1,032 1 37 - - - 38 Recognition of employee stock purchase plan expense - - 5 - - - 5 Cash dividends ($ 0.95 per share) - - - ( 3,357 ) - - ( 3,357 ) Balance, June 30, 2025 3,843,723 $ 4,805 $ 83,636 $ 108,434 $ ( 9,293 ) $ ( 11,307 ) $ 176,275 Balance, March 31, 2024 3,836,988 $ 4,796 $ 83,403 $ 92,980 $ ( 16,526 ) $ ( 9,790 ) $ 154,863 Net income - - 4,707 - - 4,707 Other comprehensive loss - - - - ( 410 ) - ( 410 ) Common stock issuance under employee stock purchase plan 1,739 2 46 - - - 48 Recognition of employee stock purchase plan expense - - 6 - - - 6 Cash dividends ($ 0.44 per share) - - - ( 1,573 ) - - ( 1,573 ) Balance, June 30, 2024 3,838,727 $ 4,798 $ 83,455 $ 96,114 $ ( 16,936 ) $ ( 9,790 ) $ 157,641 For the six months ended: Balance, December 31, 2024 3,841,438 $ 4,802 $ 83,543 $ 103,268 $ ( 13,896 ) $ ( 11,307 ) $ 166,410 Net income - - - 10,113 - - 10,113 Other comprehensive income - - - - 4,603 - 4,603 Common stock issuance under employee stock purchase plan 2,285 3 83 - - - 86 Recognition of employee stock purchase plan expense - - 10 - - - 10 Cash dividends ($ 1.40 per share) - - - ( 4,947 ) - - ( 4,947 ) Balance, June 30, 2025 3,843,723 $ 4,805 $ 83,636 $ 10

financial statements

financial statements. 6 Muncy Columbia Financial Corporation Consolidated Statements of Cash Flows For the Six Months Ended June 30, (In Thousands) (Unaudited) 2025 2024 OPERATING ACTIVITIES Net Income $ 10,113 $ 8,743 Adjustments to reconcile net income to net cash provided by operating activities: Provision for credit losses 364 119 Depreciation and amortization of premises and equipment 739 755 Accretion of loan fair value adjustments, net ( 4,936 ) ( 5,516 ) Amortization of deposit fair value adjustments, net 169 817 Losses on marketable equity securities 20 155 Realized losses on available-for-sale debt securities, net 426 8 Accretion of investment securities, net ( 500 ) ( 346 ) Losses on disposal of premises and equipment, net 59 - Gain on sale of foreclosed assets held for sale, net ( 10 ) - Deferred income taxes 581 1,621 Gain on sale of loans ( 154 ) ( 169 ) Earnings on bank-owned life insurance ( 464 ) ( 456 ) Proceeds from sale of mortgage loans 6,322 6,201 Originations of mortgage loans held for resale ( 7,196 ) ( 6,420 ) Amortization of intangibles 1,021 1,098 Amortization of investment in limited partnerships 373 363 Decrease (increase) in accrued interest receivable and other assets 666 ( 671 ) Increase in accrued interest payable and other liabilities 2,110 1,842 Other, net 141 142 Net cash provided by operating activities 9,844 8,286 INVESTING ACTIVITIES Available-for-sale debt securities: Purchases ( 37,240 ) - Proceeds from sales 29,574 50,311 Proceeds from paydowns, calls and maturities 44,050 26,117 Proceeds from maturities of interest-bearing time deposits - 740 Purchase of bank-owned life insurance ( 44 ) ( 44 ) Proceeds from redemption of restricted investment in bank stocks 4,268 6,415 Purchase of restricted investment in bank stocks ( 2,8

financial statements

financial statements. 7 MUNCY COLUMBIA FINANCIAL CORPORATION NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS 1 . SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES PRINCIPLES OF CONSOLIDATION The consolidated financial Journey Bank (the "Bank"). All significant inter-company balances and transactions have been eliminated in consolidation. BASIS OF PRESENTATION The consolidated financial information included herein, except the consolidated balance sheet dated December 31, 2024, is unaudited. The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") for interim financial information. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete consolidated financial statements. In the opinion of management, all adjustments considered necessary for fair presentation have been included. Prior period amounts have been reclassified when necessary to conform to the current period's presentation. Such reclassifications did not have an impact on the operating results or financial position of the Corporation. Operating results for the three and six months ended June 30, 2025, are not necessarily indicative of the results for the year ending December 31, 2025. These financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Corporation's audited

financial statements, included in the Annual Report filed on Form 10-K as of and for the year ended December 31, 2024

financial statements, included in the Annual Report filed on Form 10-K as of and for the year ended December 31, 2024. SEGMENT REPORTING Management has determined that the Corporation has one reportable segment, "Community Banking." All of the Corporation's activities are interrelated, and each activity is dependent and assessed based on how each of the activities of the Corporation supports the others. The Corporation's chief operating decision maker is the Chief Executive Officer. The Chief Executive Officer assesses performance for the Community Banking segment and decides how to allocate resources based on net income that is reported on the Consolidated Statements of Income. The measure of segment assets is reported on the Consolidated Balance Sheets as total assets. There have been no changes in the basis of segmentation or in the basis of measurement of segment profit or loss since the Annual Report filed on Form 10-K as of and for the year ended December 31, 2024. RECENTLY ISSUED BUT NOT YET EFFECTIVE ACCOUNTING PRONOUNCEMENTS In December 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures , which improves the transparency of income tax disclosures by requiring (1) consistent categories and greater disaggregation of information in the rate reconciliation and (2) income taxes paid disaggregated by jurisdiction. ASU No. 2023-09 is effective for public business entities for annual periods beginning after December 15, 2024. The ASU may be adopted on a prospective or retrospective basis and early adoption is permitted. The Corporation is currently evaluating the impact the new guidance will have on disclosures related to income taxes. In November 2024, the FASB issued ASU 2024-03, Income Statement – Reporting Comprehensive Income – Expense Disaggregation Disclosures , which requires disclosure, in the notes to financial statements, of sp

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