---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-235804"
form_type: "8-K"
ticker: "BSBK"
cik: "0001787414"
company_name: "Bogota Financial Corp."
filed_at: "2021-08-04T23:59:59+00:00"
generated_at: "2026-06-29T22:46:22.876032+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Bogota Financial H1 net income $4.4M vs $65K; includes $1.9M bargain purchase gain from Gibraltar Bank acquisition

## Summary
- Net income for six months ended June 30, 2021 was $4.4M vs $65K; Q2 net income flat at $1.4M.
- Net interest margin improved to 2.44% from 1.88% in Q2; net interest income up 45.3% to $4.8M.
- Total assets grew $77.9M (10.5%) to $818.9M, primarily from $106M in Gibraltar Bank assets.
- Non-performing assets $685K (0.08% of assets); loan loss provision credit of $54K; credit quality strong.
- Acquired Gibraltar Bank for $106M assets, $77M loans, $81.4M deposits in Feb 2021; system conversion in Aug 2021.

## SEC filing metadata
- accession: 0001193125-21-235804
- form_type: 8-K
- ticker: BSBK
- cik: 0001787414
- company_name: Bogota Financial Corp.
- filed_at: 2021-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1787414/000119312521235804/0001193125-21-235804-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1787414/000119312521235804/d119740d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-235804
- JSON: https://secwatch.observer/filing/0001193125-21-235804.json
- Plain text: https://secwatch.observer/filing/0001193125-21-235804.txt

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