{"schema_version":"secwatch.filing_event.v1","accession":"0001018399-24-000037","form_type":"8-K","ticker":null,"cik":"0001018399","company_name":"ENTERPRISE BANCORP INC /MA/","filed_at":"2024-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.902837+00:00","generated_at":"2026-06-03T11:12:27.835878+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Enterprise Bancorp Q1 net income falls YoY to $8.5M; NIM narrows to 3.20%","bullets":["Net income $8.5M ($0.69 EPS), down from $10.8M ($0.88 EPS) YoY.","Net interest margin compressed to 3.20% from 3.76% YoY due to higher funding costs.","Total loans up 2.4% QoQ and deposits up 3.2% QoQ; strong balance sheet growth.","Provision for credit losses $622K vs $2.7M YoY, reflecting improved forecast offset by one downgraded loan.","Non-performing loans increased to $18.5M (0.51% of loans) due to one commercial construction loan."],"urls":{"canonical":"https://secwatch.observer/filing/0001018399-24-000037","json":"https://secwatch.observer/filing/0001018399-24-000037.json","markdown":"https://secwatch.observer/filing/0001018399-24-000037.md","text":"https://secwatch.observer/filing/0001018399-24-000037.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1018399/000101839924000037/0001018399-24-000037-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1018399/000101839924000037/ebtc-20240423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T11:12:27.835878+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":"7062773c80a37bced1b48f776fcb565629279920","claim":"ENTERPRISE BANCORP INC /MA/ reported the three months ended March 31, 2024 results: net income $8.5 million, EPS $0.69 per diluted common share.","evidence_excerpt":"Enterprise Bancorp, Inc. (NASDAQ: EBTC), parent of Enterprise Bank, announced its financial results for the three months ended March 31, 2024. Net income amounted to $8.5 million, or $0.69 per diluted common share, for the three months ended March 31, 2024, compared to $7.9 million, or $0.64 per diluted share, for the three months ended December 31, 2023 and $10.8 million, or $0.88 per diluted share, for the three months ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1018399/000101839924000037/0001018399-24-000037-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Net income","value":"$8.5 million"},{"label":"EPS","value":"$0.69 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"}