---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-026058"
form_type: "8-K"
ticker: "BSBK"
cik: "0001787414"
company_name: "Bogota Financial Corp."
filed_at: "2024-02-07T23:59:59+00:00"
generated_at: "2026-06-06T07:10:06.024193+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bogota Financial Q4 net loss $1.2M; full-year EPS $0.05 vs $0.51 prior year

## Summary
- Net loss of $1.2M ($0.09/sh) for Q4 2023 vs net income of $1.9M ($0.14/sh) in Q4 2022.
- Full-year 2023 net income $643K ($0.05/sh) vs $6.9M ($0.51/sh) in 2022.
- Net interest margin fell 133 bps to 1.35% in Q4; deposits declined 10.8% YoY to $625.3M.
- Non-accrual construction loan of $11.1M drives delinquent loans to 1.76% of total loans.
- Pending fraud claim of $376K in other expense; stock buyback of 216,837 shares completed at $1.6M.

## SEC filing metadata
- accession: 0001193125-24-026058
- form_type: 8-K
- ticker: BSBK
- cik: 0001787414
- company_name: Bogota Financial Corp.
- filed_at: 2024-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1787414/000119312524026058/0001193125-24-026058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1787414/000119312524026058/d105657d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-026058
- JSON: https://secwatch.observer/filing/0001193125-24-026058.json
- Plain text: https://secwatch.observer/filing/0001193125-24-026058.txt

## Key facts
- Earnings Releases
  Bogota Financial Corp. reported the three and twelve months ended December 31, 2023 results: net income net income for the twelve months ended December 31, 2023 of $643,000, EPS $0.05 per basic and diluted share.
  - Period: the three and twelve months ended December 31, 2023
  - Net income: net income for the twelve months ended December 31, 2023 of $643,000
  - EPS: $0.05 per basic and diluted share
  - Result: reported results
  source text: reported net loss for the three months ended December 31, 2023 of $1.2 million or ($0.09) per basic and diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1787414/000119312524026058/0001193125-24-026058-index.htm
- Earnings Releases
  Bogota Financial Corp. reported the three and twelve months ended December 31, 2023 results: net income net income for the twelve months ended December 31, 2023 of $643,000, EPS $0.05 per basic and diluted share.
  - Period: the three and twelve months ended December 31, 2023
  - Net income: net income for the twelve months ended December 31, 2023 of $643,000
  - EPS: $0.05 per basic and diluted share
  - Result: reported results
  source text: The Company reported net income for the twelve months ended December 31, 2023 of $643,000 or $0.05 per basic and diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1787414/000119312524026058/0001193125-24-026058-index.htm

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