secwatch.observer — SEC 8-K summary
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Issuer:     SB FINANCIAL GROUP, INC. (SBFG)
CIK:        0000767405
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001213900-22-068565
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SB Financial Q3 net income $3.3M, EPS $0.47 (-19% YoY); revenue down 13.2%
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- Diluted EPS $0.47 vs $0.58 a year ago; adjusted EPS $0.47 vs $0.56.
- Total operating revenue $14.5M, down 13.2% YoY; noninterest income fell 39.2% to $4.0M.
- Loans grew $29.6M from linked quarter (13.2% annualized); total loans $925.2M, up 9.3% YoY.
- Nonperforming assets improved to 0.40% of assets vs 0.42% a year ago; net recoveries in quarter.
- Bought back 77,326 shares in Q3 at avg $17.27; tangible book value per share impacted by bond portfolio decline.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/767405/000121390022068565/0001213900-22-068565-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/767405/000121390022068565/ea167940-8k_sbfinancial.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-068565

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer