---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-23-000582"
form_type: "8-K"
ticker: "ENBP"
cik: "0001437479"
company_name: "ENB Financial Corp"
filed_at: "2023-04-18T23:59:59+00:00"
generated_at: "2026-06-17T00:39:27.536329+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ENB Financial Q1 net income falls 23.5% to $2.44M; EPS $0.43 vs $0.57

## Summary
- EPS $0.43 vs $0.57 YoY; net income down $750K to $2.44M.
- Net interest income up 28.8% but interest expense on deposits surged 487.6%.
- Provision for credit losses $1.257M vs $100K, partly from CECL adoption and $5M loan downgrade.
- Other income fell 27.8% due to lower mortgage gains and $606K investment losses.
- Total loans grew 32.2% to $1.26B; equity down 8.7% on portfolio unrealized losses.

## SEC filing metadata
- accession: 0001174947-23-000582
- form_type: 8-K
- ticker: ENBP
- cik: 0001437479
- company_name: ENB Financial Corp
- filed_at: 2023-04-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437479/000117494723000582/0001174947-23-000582-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437479/000117494723000582/form8k-29968_enbf.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-23-000582
- JSON: https://secwatch.observer/filing/0001174947-23-000582.json
- Plain text: https://secwatch.observer/filing/0001174947-23-000582.txt

## Key facts
- Earnings Releases
  ENB Financial Corp reported first quarter of 2023 results: net income $2,441,000, EPS $0.43.
  - Period: first quarter of 2023
  - Net income: $2,441,000
  - EPS: $0.43
  - Result: reported results
  source text: ENB Financial Corp (OTCQX: ENBP), the bank holding company for Ephrata National Bank, reports net income for the first quarter of 2023 of $2,441,000, a $750,000, or 23.5% decrease, from the $3,191,000 earned during the first quarter of 2022. Basic and diluted earnings per share for the first quarter of 2023 were $0.43 compared to $0.57 for the same period in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1437479/000117494723000582/0001174947-23-000582-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.