secwatch.observer — SEC 8-K summary
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Issuer:     Eagle Bancorp Montana, Inc. (EBMT)
CIK:        0001478454
Form:       8-K
Filed at:   2024-01-23T23:59:59+00:00
Accession:  0001171843-24-000348
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eagle Bancorp Montana Q4 net income falls 39% YoY to $2.2M; NIM slides to 3.32%
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- Q4 2023 net income $2.2M ($0.28 diluted) vs $3.6M ($0.47) Q4 2022; full-year 2023 $10.1M ($1.29) vs $10.7M ($1.45) prior year.
- Net interest margin 3.32% in Q4, down from 4.10% a year ago; revenue fell 8.3% YoY to $21.0M.
- Total loans grew 9.7% YoY to $1.48B; deposits flat at $1.64B but cost of deposits rose to 1.49% from 0.40% a year ago.
- Declared quarterly cash dividend of $0.14 per share, unchanged; payable March 1, 2024.
- Nonperforming loans increased to $8.4M from $7.8M; allowance for credit losses at 1.11% of loans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1478454/000117184324000348/0001171843-24-000348-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1478454/000117184324000348/f8k_012324.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-000348

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