{"schema_version":"secwatch.filing_event.v1","accession":"0000708781-23-000015","form_type":"8-K","ticker":"CASS","cik":"0000708781","company_name":"CASS INFORMATION SYSTEMS INC","filed_at":"2023-04-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.977917+00:00","generated_at":"2026-06-17T01:38:49.580416+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cass Q1 2023 EPS falls 15% to $0.51; revenue up 17% on higher NIM","bullets":["Net income of $7.1M ($0.51 diluted EPS) vs $8.3M ($0.60) in Q1 2022, down 13.8% and 15%.","Total revenues up $7.2M (+17.2%); net interest margin expanded to 3.23% from 2.36%.","Total expenses rose 26.8%, including ~$1.5M nonrecurring tech transition costs.","Average loans increased 12.1%; ending loans down 1.2% from Dec. 31, 2022.","Short-term investments $210.5M; no borrowings; CET1 ratio 13.76%."],"urls":{"canonical":"https://secwatch.observer/filing/0000708781-23-000015","json":"https://secwatch.observer/filing/0000708781-23-000015.json","markdown":"https://secwatch.observer/filing/0000708781-23-000015.md","text":"https://secwatch.observer/filing/0000708781-23-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/708781/000070878123000015/0000708781-23-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/708781/000070878123000015/cass-20230417.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T01:38:49.580416+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":"8a8fba8b9778347d0e2b215c54eedf15918f342d","claim":"CASS INFORMATION SYSTEMS INC reported financial results for first quarter of fiscal 2023.","evidence_excerpt":"On April 17, 2023, Cass Information Systems, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter of fiscal 2023. A copy of this press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/708781/000070878123000015/0000708781-23-000015-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of fiscal 2023"},{"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"}