---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-005639"
form_type: "8-K"
ticker: "SBFG"
cik: "0000767405"
company_name: "SB FINANCIAL GROUP, INC."
filed_at: "2023-01-27T23:59:59+00:00"
generated_at: "2026-06-20T07:32:50.983901+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SB Financial Q4 net income $3.5M ($0.50 EPS), up 6% YoY; FY net income $12.5M down 31%

## Summary
- Q4 net income $3.5M, diluted EPS $0.50 vs $0.49 prior year; net interest income up 20.1% to $10.9M.
- Full year net income $12.5M ($1.77 EPS) down 30.9% from $18.3M ($2.56 EPS) in 2021.
- Loan growth $139.4M (16.9%) YoY; deposits down 2.4% to $1.09B.
- Mortgage originations $51.2M, down 59.6% from Q4 2021; net mortgage banking revenue $1.2M vs $3.8M.
- Nonperforming assets improved to 0.38% of assets; net recoveries for full year.

## SEC filing metadata
- accession: 0001213900-23-005639
- form_type: 8-K
- ticker: SBFG
- cik: 0000767405
- company_name: SB FINANCIAL GROUP, INC.
- filed_at: 2023-01-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/767405/000121390023005639/0001213900-23-005639-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/767405/000121390023005639/ea172308-8k_sbfinancial.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-005639
- JSON: https://secwatch.observer/filing/0001213900-23-005639.json
- Plain text: https://secwatch.observer/filing/0001213900-23-005639.txt

## Key facts
- Earnings Releases
  SB FINANCIAL GROUP, INC. reported financial results for the fourth quarter and twelve months ended December 31, 2022.
  - Period: the fourth quarter and twelve months ended December 31, 2022
  - Result: reported results
  source text: On January 26, 2023, SB Financial Group, Inc. (the “Company”) issued a news release reporting financial results for the fourth quarter 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/767405/000121390023005639/0001213900-23-005639-index.htm

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