secwatch.observer — SEC 8-K summary
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Issuer:     SB FINANCIAL GROUP, INC. (SBFG)
CIK:        0000767405
Form:       8-K
Filed at:   2025-04-16T23:59:59+00:00
Accession:  0001213900-25-032586
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SB Financial reports 2024 net income of $11.5M; deposit growth $82.4M, loans up $46.5M
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- Net income $11.5M ($1.72/share), down from $12.1M in 2023; ROAA 0.84%, ROAE 9.19%
- Deposit growth $82.4M to $1.15B; loan growth $46.5M; Wealth Mgmt AUM up $45.9M
- Asset quality strong: NPAs covered 274%, NPA/assets 0.11%; NCOs near zero
- Expanded into Northern Ohio, new LPO in Cincinnati; regulatory OK for Angola, IN
- Dividend CAGR 12.1% over 10 years; payout ratio 32.56%; TBV CAGR 6.3%

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/767405/000121390025032586/0001213900-25-032586-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/767405/000121390025032586/ea0238568-8k_sbfin.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-032586

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