---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-319560"
form_type: "8-K"
ticker: "BSBK"
cik: "0001787414"
company_name: "Bogota Financial Corp."
filed_at: "2021-11-04T23:59:59+00:00"
generated_at: "2026-06-28T13:15:41.988875+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Bogota Financial Q3 net income rises 9% to $1.0M; Gibraltar integration complete

## Summary
- Q3 2021 net income $1.0M, up 9% from $956K YoY; nine-month net income $5.5M vs $1.0M (incl. $1.9M bargain purchase gain).
- Total assets $835M (+12.7% YTD); net loans $579.9M (+4%); deposits $591.2M (+17.8%), driven by Gibraltar acquisition.
- Net interest margin for nine months expanded 60 bps to 2.50%; strong credit quality with NPLs at 0.33% of assets.
- Completed Gibraltar Bank integration in Aug 2021; opened Hasbrouck Heights branch with $10M+ deposits.
- PPP second round processed 54 applications totaling $6.9M in 2021; COVID deferrals down to one loan.

## SEC filing metadata
- accession: 0001193125-21-319560
- form_type: 8-K
- ticker: BSBK
- cik: 0001787414
- company_name: Bogota Financial Corp.
- filed_at: 2021-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1787414/000119312521319560/0001193125-21-319560-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1787414/000119312521319560/d253720d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-319560
- JSON: https://secwatch.observer/filing/0001193125-21-319560.json
- Plain text: https://secwatch.observer/filing/0001193125-21-319560.txt

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