{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-050928","form_type":"8-K","ticker":null,"cik":"0001680379","company_name":"Sterling Bancorp, Inc.","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.557541+00:00","generated_at":"2026-06-03T09:44:04.020962+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Sterling Bancorp reports Q1 2024 net loss of $0.2M vs Q4 2023 net income of $5.1M","bullets":["Net loss of $(0.2) million ($0.00 diluted EPS) vs net income of $5.1M ($0.10) in prior quarter.","Net interest margin stable at 2.52%; net interest income $14.9M vs $15.1M prior quarter.","Non-interest expense rose 20% to $15.4M, primarily due to $3.1M increase in professional fees; no insurance reimbursement in Q1 2024.","Provision for credit losses minimal at $41K; nonperforming loans $9.3M (0.72% of loans); allowance 2.24%.","Director Lyle Wolberg resigned; COO Christine Meredith elected to fill board vacancy."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-050928","json":"https://secwatch.observer/filing/0001104659-24-050928.json","markdown":"https://secwatch.observer/filing/0001104659-24-050928.md","text":"https://secwatch.observer/filing/0001104659-24-050928.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1680379/000110465924050928/0001104659-24-050928-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1680379/000110465924050928/tm2412308d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T09:44:04.020962+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":"67f27c2a70e789bb0124bbf8b0a8741cda0344b8","claim":"Sterling Bancorp, Inc. reported the quarter ended March 31, 2024 results: net income $(0.2) million, EPS $(0.00) per diluted share.","evidence_excerpt":"Sterling Bancorp Reports First Quarter 2024 Financial Results","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1680379/000110465924050928/0001104659-24-050928-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Net income","value":"$(0.2) million"},{"label":"EPS","value":"$(0.00) per diluted 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"}