---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-035342"
form_type: "8-K"
ticker: "SBFG"
cik: "0000767405"
company_name: "SB FINANCIAL GROUP, INC."
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T12:56:57.423822+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SB Financial Q1 net income $2.4M (-3.3% YoY), EPS flat at $0.35

## Summary
- Net interest income $9.2M, down 11.1% YoY on higher deposit costs; net interest margin compressed 38 bps.
- Total loans grew 1.6% to $991.6M; nonperforming assets improved to 0.22% of assets from 0.30%.
- Noninterest income up 7.8% to $3.95M, driven by 30.4% gain on mortgage sales; noninterest expenses down 4.6%.
- Mortgage banking net revenue rose 20.3% to $1.45M; servicing portfolio reached $1.37B (+2.1% YoY).
- Total deposits stable at $1.112B; shareholders' equity $123.7M, up 3.3% YoY.

## SEC filing metadata
- accession: 0001213900-24-035342
- form_type: 8-K
- ticker: SBFG
- cik: 0000767405
- company_name: SB FINANCIAL GROUP, INC.
- filed_at: 2024-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/767405/000121390024035342/0001213900-24-035342-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/767405/000121390024035342/ea0204477-8k_sbfin.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-035342
- JSON: https://secwatch.observer/filing/0001213900-24-035342.json
- Plain text: https://secwatch.observer/filing/0001213900-24-035342.txt

## Key facts
- Earnings Releases
  SB FINANCIAL GROUP, INC. reported financial results for the first quarter 2024.
  - Period: the first quarter 2024
  - Result: reported results
  source text: On April 18, 2024, SB Financial Group, Inc. (the “Company”) issued a news release reporting financial results for the first quarter 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/767405/000121390024035342/0001213900-24-035342-index.htm

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