{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-106885","form_type":"8-K","ticker":null,"cik":"0001435508","company_name":"First Savings Financial Group, Inc.","filed_at":"2023-10-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.072332+00:00","generated_at":"2026-06-10T04:42:15.413303+00:00","sec_items":["2.05","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"First Savings Financial Group to exit residential mortgage banking; estimates $2.5M pre-tax charge","bullets":["Board committed to exit residential mortgage banking operations in Q1 FY ending Dec 31, 2023.","Estimated pre-tax charge of ~$2.5M: $1.8M employee costs, $600K contract termination, $50K lease termination.","All costs expected to be cash expenditures.","Bank to continue originating 1-4 family mortgages from local retail centers and 1st Lien HELOCs from Franklin, TN office."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-106885","json":"https://secwatch.observer/filing/0001104659-23-106885.json","markdown":"https://secwatch.observer/filing/0001104659-23-106885.md","text":"https://secwatch.observer/filing/0001104659-23-106885.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1435508/000110465923106885/0001104659-23-106885-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1435508/000110465923106885/tm2327763d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T04:42:15.413303+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":"17404027fef126903cd19da40c1c6430a176d4ac","claim":"First Savings Financial Group, Inc. announced a restructuring with charges of approximately $2.5 million affecting the Bank's residential mortgage banking operations.","evidence_excerpt":"which includes its third-party origination and retail loan production office channels. The Company estimates that it will incur total pre-tax expense of approximately $2.5 million in the first fiscal quarter ending December 2023 associated with exiting the Bank’s residential mortgage banking operations . These expenses, all of which are expected to result","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1435508/000110465923106885/0001104659-23-106885-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $2.5 million"},{"label":"Affected area","value":"the Bank's residential mortgage banking operations"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}