CULL on OTC
Cullman Bancorp, Inc. /MD/
Maryland corporation1
In its 2024 annual report the company says: “Cullman Bancorp, Inc. is a savings and loan holding company and subject to comprehensive regulation by the Board of Governors of the Federal Reserve System. Our executive offices are located at 316 Second Avenue, S.W., Cullman, Alabama 35055.”3
Price unavailable
Last updated Oct 21, 2026.
Overview
- TickerCULL on OTC1
- IndustrySavings Institutions, Not Federally Chartered1
- HeadquartersCullman, Alabama1
- Incorporated inMD2
- Business address316 Second Avenue Sw, Cullman, Al 350552
- Filer category, Emerging growth company2
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Cullman Bancorp, Inc. is a Maryland corporation that was organized in 2021 and owns 100% of the outstanding common stock of Cullman Savings Bank. Effective July 15, 2021, Cullman Bancorp, Inc. became the stock holding company for Cullman Savings Bank as part of the mutual-to-stock conversion of Cullman Savings Bank, MHC. Since the completion of the conversion, we have not engaged in any significant business activity other than owning the common stock of and having savings deposits in Cullman Savings Bank. At December 31, 2023, we had consolidated assets of $411.6 million, consolidated deposits of $269.0 million and consolidated shareholders’ equity of $101.7 million.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Interest | $2.9M4 | $1.8M5 | $1.4M6 | $4.3M6 | ||
| Income before tax | $2.1M5 | $5.3M6 | $5.0M6 | |||
| Income tax | $957.0K4 | $344.0K5 | $1.1M6 | $1.1M6 | ||
| Net income | $3.5M4 | $1.8M5 | $4.2M6 | $4.0M6 | ||
| Earnings per share | $0.524 | $0.255 | $0.596 | $0.566 | ||
| Earnings per share (diluted) | $0.524 | $0.255 | $0.596 | $0.546 | ||
| Shares (weighted, basic) | 6.9M shares5 | 6.9M shares6 | 6.9M shares6 | |||
| Shares (weighted, diluted) | 7.0M shares5 | 7.0M shares6 | 7.2M shares6 |
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Cash | $6.1M4 | $3.1M4 | $2.2M4 | $36.6M6 | $13.0M6 | |
| Property, plant and equipment | $9.5M5 | $10.9M6 | $14.0M6 | |||
| Total assets | $331.4M4 | $354.7M5 | $423.2M6 | $411.6M6 | ||
| Total liabilities | $274.5M4 | $255.0M5 | $323.0M6 | $309.9M6 | ||
| Retained earnings | $53.3M5 | $56.6M6 | $59.3M6 | |||
| Shareholders’ equity | $53.4M4 | $56.9M5 | $99.7M6 | $100.2M6 | $101.7M6 | |
| Shares outstanding | 7.0M shares4 | 7.4M shares5 | 7.4M shares6 | 7.3M shares6 | 7.3M shares6 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Cash from operations | $3.4M4 | $5.2M5 | $5.8M6 | $5.9M6 | ||
| Depreciation and amortization | $473.0K5 | $335.0K5 | $469.0K6 | |||
| Stock-based compensation | $556.0K5 | $556.0K6 | $773.0K6 | |||
| Capital spending | $430.0K4 | $1.3M5 | $1.7M6 | $3.6M6 | ||
| Free cash flow | $3.0M | $3.9M | $4.0M | $2.2M | ||
| Cash from investing | -$22.8M5 | -$97.6M6 | -$11.9M6 | |||
| Dividends paid | $831.0K4 | $857.0K5 | $889.0K6 | $886.0K6 | ||
| Share buybacks | $127.0K6 | $2.9M6 | ||||
| Cash from financing | $19.1M5 | $66.5M6 | -$17.6M6 |
Corporate structure
Cullman Bancorp, Inc. /MD/ sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Cullman Bancorp, Inc. /MD/
- AllianceBernstein Filed SC 13G on Cullman Bancorp, Inc. /MD/, latest Feb 14, 2024 (2 filings since Feb 14, 2024)
- Cullman Bancorp, Inc. /MD/ Cullman, Alabama
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Cullman Bancorp, Inc. /MD/ reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Land | $1.9M6 Dec 31, 2023 | $1.9M6 Dec 31, 2022 | 0% |
| Buildings and improvements | $19.3M6 Dec 31, 2023 | $15.7M6 Dec 31, 2022 | +23.0% |
| Furniture and fixtures | $2.6M6 Dec 31, 2023 | $2.6M6 Dec 31, 2022 | −2.6% |
| Property and equipment, before depreciation | $23.7M6 Dec 31, 2023 | $20.2M6 Dec 31, 2022 | +17.5% |
| Accumulated depreciation | $9.8M6 Dec 31, 2023 | $9.4M6 Dec 31, 2022 | +4.5% |
| Property and equipment, net | $14.0M6 Dec 31, 2023 | $10.9M6 Dec 31, 2022 | +28.6% |
| Operating-lease assets (leased space) | $71.0K6 Dec 31, 2023 | $117.0K5 Dec 31, 2022 | −39.3% |
Investments
Leadership
Who has led Cullman Bancorp, Inc. /MD/, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerJohn A. Riley Iii. Jul 14, 2021 to May 30, 202410
- PresidentJohn A. Riley Iii. Jul 14, 2021 to May 30, 202410
- Chief financial officerKatrina I. Stephens Jul 14, 2021 to Aug 22, 202311
- Chief operating officerT. Aira Ugarkovich Jun 22, 2023 to Aug 22, 202312
- Chief operating officerRobin Parson Jul 14, 2021 to Jul 14, 202113
Board members and other officers (9)
- Executive Vice PresidentRobin Parson Jun 22, 2023 to Aug 22, 202314
- EVPT. Aira Ugarkovich Jul 14, 2021 to Jul 14, 202115
- Board memberChad T. Burks Jul 14, 2021 to Aug 22, 202316
- Board memberGregory T. Barksdale Jul 14, 2021 to Aug 22, 202317
- Board memberJohn A. Riley Iii. Jul 14, 2021 to May 30, 202410
- Board memberLynne Morton Jul 14, 2021 to Aug 22, 202318
- Board memberNancy McClellan Jul 14, 2021 to Aug 22, 202319
- Board memberPaul D. Bussman Jul 14, 2021 to Aug 22, 202320
- Board memberRobin Parson Jul 14, 2021 to Aug 22, 202313
Timeline
Filings
58 filings to the SEC since October 2021: 3 annual reports, 8 quarterly reports, 7 major events, 27 insider forms, 5 large holders, 8 other. The latest 20:
- Jul 29, 202415-12G CULLMAN BANCORP, INC. FORM 15 EDGAR
- Jul 18, 2024S-8 POS CULLMAN BANCORP, INC. POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8 REGISTRATION ST EDGAR
- Jul 18, 202425 CULLMAN BANCORP, INC. FORM 25 JULY 18, 2024 EDGAR
- Jul 8, 20248-K CULLMAN BANCORP, INC. FORM 8-K JULY 8, 2024 EDGAR
- May 30, 20244 EDGAR
- May 23, 20248-K CULLMAN BANCORP, INC. FORM 8-K MAY 21, 2024 EDGAR
- May 14, 202410-Q EDGAR
- Apr 17, 2024ARS EDGAR
- Mar 22, 202410-K EDGAR
- Feb 14, 2024SC 13G SEC SCHEDULE 13G EDGAR
- Feb 14, 2024SC 13G SEC SCHEDULE 13G EDGAR
- Jan 26, 2024SC 13G/A AMENDMENT NO. 2 EDGAR
- Jan 19, 20248-K EDGAR
- Nov 17, 20234 EDGAR
- Nov 14, 202310-Q EDGAR
- Aug 22, 20234 EDGAR
- Aug 22, 20234 EDGAR
- Aug 22, 20234 EDGAR
- Aug 22, 20234 EDGAR
- Aug 22, 20234 EDGAR
The 58 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
7 open-market trades by officers, directors and large owners since October 2021: 7 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 29, 2024 | Riley John A IIIPresident and CEO | Buy | 3,500 | $10.36 | $36.3K | Form 4 |
| Nov 16, 2023 | Riley John A IIIPresident and CEO | Buy | 6,980 | $10.27 | $71.7K | Form 4 |
| Aug 29, 2022 | Barksdale Gregory TDirector | Buy | 763 | $11.37 | $8.7K | Form 4 |
| Aug 23, 2022 | Barksdale Gregory TDirector | Buy | 267 | $11.49 | $3.1K | Form 4 |
| May 27, 2022 | Riley John A IIIPresident and CEO | Buy | 8,000 | $11.10 | $88.8K | Form 4 |
| Dec 17, 2021 | Riley John A IIIPresident and CEO | Buy | 3,079 | $12.72 | $39.2K | Form 4 |
| Dec 15, 2021 | Riley John A IIIPresident and CEO | Buy | 2,503 | $12.37 | $31.0K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- AllianceBernsteinSC 13G, 2 filings Feb 14, 202428
SEC filer profile
How Cullman Bancorp, Inc. /MD/ is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARCullman Bancorp, Inc. /MD/1
- CIK0001845799
- Employer ID (EIN)61-19909961
- Filer status<br>emerging growth company1
- Incorporated inMaryland1
- Fiscal year endsDecember 311
- Industry code (SIC)6036 Savings Institutions, Not Federally Chartered1
- SEC reviewing officeOffice of Finance, Division of Corporation Finance1
- Business address316 Second Avenue Sw, Cullman, AL 350551
- Phone(256) 734-17401
- Shares outstanding7,247,375 as of May 15, 20249
- Public float$0 as of Jun 30, 20236
- On EDGAR sinceMar 12, 20211
- Filings87 in all: 4 (28), 8-K (11), 10-Q (10), 3 (9), 10-K (3), S-1/A (3), SC 13G (3), 424B3 (2)1
All 22 form types
ARS (2), CORRESP (2), DEF 14A (2), SC 13G/A (2), 15-12G (1), 25 (1), 8-A12B (1), CERT (1), EFFECT (1), S-1 (1), S-8 (1), S-8 POS (1), SC 13D (1), UPLOAD (1)
- Latest filingsAnnual report (10-K) Mar 22, 2024
Quarterly report (10-Q) May 14, 2024
Proxy statement (DEF 14A) Apr 19, 2023
Latest 8-K (8-K) Jul 8, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 15SEC EDGART. Aira Ugarkovich, EVP
- 16SEC EDGARChad T. Burks, Board member
- 17SEC EDGARGregory T. Barksdale, Board member
- 18SEC EDGARLynne Morton, Board member
- 19SEC EDGARNancy McClellan, Board member
- 20SEC EDGARPaul D. Bussman, Board member
- 21SEC EDGARListing notice or transfer
- 22SEC EDGARShareholder vote
- 23SEC EDGAROther events
- 24SEC EDGARShareholder vote
- 25SEC EDGAROther events
- 26SEC EDGARShareholder vote
- 27SEC EDGAROther events
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