---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-001946"
form_type: "8-K"
ticker: "BSBK"
cik: "0001787414"
company_name: "Bogota Financial Corp."
filed_at: "2025-01-06T23:59:59+00:00"
generated_at: "2026-05-28T11:17:16.592088+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Bogota Financial completes sale-leaseback of three branches for $9M gain and restructures securities for $8.9M loss

## Summary
- Sold three branch offices for $12.5M cash, resulting in $9.0M pre-tax gain; entered 15-year leaseback.
- Sold $66M amortized cost securities ($57.1M market) with 1.89% yield, realizing $8.9M pre-tax loss.
- Reinvested proceeds into securities yielding ~5.49% and will fund loans at 6.50-7.75% to improve NIM.
- Removes held-to-maturity designation on remaining HTM securities.
- CEO states repositioning strengthens balance sheet and adds shareholder value without hurting regulatory capital.

## SEC filing metadata
- accession: 0001193125-25-001946
- form_type: 8-K
- ticker: BSBK
- cik: 0001787414
- company_name: Bogota Financial Corp.
- filed_at: 2025-01-06T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1787414/000119312525001946/0001193125-25-001946-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1787414/000119312525001946/d912649d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-001946
- JSON: https://secwatch.observer/filing/0001193125-25-001946.json
- Plain text: https://secwatch.observer/filing/0001193125-25-001946.txt

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