{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-032261","form_type":"8-K","ticker":"SBFG","cik":"0000767405","company_name":"SB FINANCIAL GROUP, INC.","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.197791+00:00","generated_at":"2026-06-16T17:38:55.423951+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"SB Financial Q1 net income down 12.9% to $2.5M; EPS $0.35; loan growth 5.9% annualized","bullets":["Net income $2.5M, diluted EPS $0.35 vs $0.40 prior year; adjusted for OMSR recapture, net income up 14%.","Net interest income $10.3M (+21.8% YoY); net interest margin +68 bps YoY due to balance sheet mix shift.","Noninterest income $3.7M (-36.8% YoY) driven by mortgage revenue decline; mortgage originations $49.3M (-49.3% YoY).","Loans held for investment $976.3M (+14.8% YoY); deposits $1.11B (-2.5% YoY but +$23.5M linked quarter).","Nonperforming assets $4.7M (0.35% of assets), down 16% YoY; repurchased 56,000 shares during quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-032261","json":"https://secwatch.observer/filing/0001213900-23-032261.json","markdown":"https://secwatch.observer/filing/0001213900-23-032261.md","text":"https://secwatch.observer/filing/0001213900-23-032261.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/767405/000121390023032261/0001213900-23-032261-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/767405/000121390023032261/ea177430-8k_sbfinancial.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T17:38:55.423951+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fb4373a202928ac8eb3b5ea691bb2266d6ba2f12","claim":"SB FINANCIAL GROUP, INC. reported first quarter 2023 results: net income $2.5 million, EPS $0.35.","evidence_excerpt":"First quarter 2023 highlights: ● Net income of $2.5 million decreased 12.9 percent compared to the prior year with diluted earnings per share (“EPS”) of $0.35","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/767405/000121390023032261/0001213900-23-032261-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Net income","value":"$2.5 million"},{"label":"EPS","value":"$0.35"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}