---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-204360"
form_type: "8-K"
ticker: "BSBK"
cik: "0001787414"
company_name: "Bogota Financial Corp."
filed_at: "2022-07-28T23:59:59+00:00"
generated_at: "2026-06-24T07:38:59.690668+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Bogota Financial Q2 net income rises 14% to $1.6M; net interest margin improves to 2.85%

## Summary
- Q2 net income $1.6M vs $1.4M YoY (+14.1%); H1 net income $3.0M vs $4.4M (down 31.5% due to $1.9M bargain purchase gain in 2021).
- Net interest margin expanded 41 bps to 2.85% in Q2; net interest income up 19.5% to $5.7M.
- Total loans grew $60.6M (+10.6%) to $630.8M; total assets up 4.5% to $874.9M.
- Second stock buyback program for up to 292,568 shares approved; 145,582 shares repurchased by June 30.
- Management expects assets to reach $900M but cites rate hikes and inflation as challenges.

## SEC filing metadata
- accession: 0001193125-22-204360
- form_type: 8-K
- ticker: BSBK
- cik: 0001787414
- company_name: Bogota Financial Corp.
- filed_at: 2022-07-28T23:59:59+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/1787414/000119312522204360/0001193125-22-204360-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1787414/000119312522204360/d380014d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-204360
- JSON: https://secwatch.observer/filing/0001193125-22-204360.json
- Plain text: https://secwatch.observer/filing/0001193125-22-204360.txt

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