{"schema_version":"secwatch.filing_event.v1","accession":"0000314489-24-000012","form_type":"8-K","ticker":"BUSE","cik":"0000314489","company_name":"FIRST BUSEY CORP /NV/","filed_at":"2024-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.540352+00:00","generated_at":"2026-06-06T20:15:44.324413+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Busey Q4 net income $25.7M ($0.46 EPS) vs $34.4M YoY; acquires M&M Bank for ~$41.6M","bullets":["Diluted EPS $0.46 GAAP, adjusted EPS $0.52; revenue $107.9M.","Entered definitive agreement to acquire M&M Bank for ~$41.6M (71% stock, 29% cash), expected Q2 2024.","Executed balance sheet repositioning: sold $110M securities at 1.56%, reinvested at 5.40%; annualized NII benefit ~$4.3M.","Non-performing assets declined 34.4% to $7.9M (0.06% of assets); net charge-off ratio 0.02% annualized.","Tangible book value per share $16.62, up 17.5% YoY; CET1 ratio 13.09%."],"urls":{"canonical":"https://secwatch.observer/filing/0000314489-24-000012","json":"https://secwatch.observer/filing/0000314489-24-000012.json","markdown":"https://secwatch.observer/filing/0000314489-24-000012.md","text":"https://secwatch.observer/filing/0000314489-24-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/314489/000031448924000012/0000314489-24-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/314489/000031448924000012/buse-20240123.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T20:15:44.324413+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"024882363ddafcc1cd4462dbf930cb88295b74c5","claim":"FIRST BUSEY CORP /NV/ reported the quarter ended December 31, 2023 results: net income $25.7 million, EPS $0.46 per diluted common share.","evidence_excerpt":"Net income for First Busey Corporation (“Busey,” “Company,” “we,” “us,” or “our”) was $25.7 million for the fourth quarter of 2023, or $0.46 per diluted common share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/314489/000031448924000012/0000314489-24-000012-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2023"},{"label":"Net income","value":"$25.7 million"},{"label":"EPS","value":"$0.46 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}