secwatch.observer — SEC 8-K summary
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Issuer:     ENB Financial Corp (ENBP)
CIK:        0001437479
Form:       8-K
Filed at:   2024-01-19T23:59:59+00:00
Accession:  0001174947-24-000063
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ENB Financial Q4 net income down 7.2% to $4.5M; EPS $0.80 vs $0.88
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- Net income $4.524M ($0.80 EPS) vs $4.873M ($0.88 EPS) in Q4 2022; full-year net income $12.375M ($2.19 EPS), down 15.4%.
- Net interest income fell 7.5% in quarter on a 209.8% surge in deposit and borrowing interest expense.
- Provision for credit losses released $1.048M in Q4 vs no provision in prior-year quarter; allowance ratio 1.12%.
- Total assets $2.00B (+7.6%), loans $1.36B (+14.2%), deposits $1.73B (+5.4%), equity $119.7M (+22.9%).
- Annualized ROA slipped to 0.92% from 1.05%; ROE to 17.98% from 21.73% in Q4 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437479/000117494724000063/0001174947-24-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437479/000117494724000063/form8k-31371_enbf.htm
  HTML page:      https://secwatch.observer/filing/0001174947-24-000063

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