secwatch.observer — SEC 8-K summary
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Issuer:     SB FINANCIAL GROUP, INC. (SBFG)
CIK:        0000767405
Form:       8-K
Filed at:   2025-01-28T23:59:59+00:00
Accession:  0001213900-25-007294
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SB Financial Q4 net income $3.6M (-6.4% YoY); adjusted EPS up 16.7%; loans +$46.5M
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- Q4 diluted EPS $0.55 vs $0.57 prior year; adjusted EPS increased $0.07 or 16.7%.
- Net interest income $10.9M (+13.7% YoY); net interest margin expanded 24 bps to 3.35%.
- Total deposits $1.15B (+$82.4M or 7.7% YoY); loans $1.05B (+$46.5M or 4.7% YoY).
- Nonperforming assets $5.5M (0.40% of assets) vs $3.3M (0.25%) prior year; reserve coverage 273.7%.
- Closed Marblehead acquisition in Jan 2025; repurchased 130,465 shares in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/767405/000121390025007294/0001213900-25-007294-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/767405/000121390025007294/ea0228861-8k_sbfin.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-007294

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