secwatch.observer — SEC 8-K summary
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Issuer:     Business First Bancshares, Inc. (BFST)
CIK:        0001624322
Form:       8-K
Filed at:   2022-04-26T23:59:59+00:00
Accession:  0001437749-22-009742
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Business First Q1 net income $8.7M ($0.41 EPS) down from Q4; completes Texas Citizens acquisition
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- Net income $8.7M ($0.41 diluted EPS) vs $12.1M ($0.59) in Q4 2021; core EPS $0.49.
- Completed Texas Citizens acquisition on March 1, adding $534M assets, $349M loans, $477M deposits.
- Total loans $3.7B, up 17.5% QoQ; organic loan growth annualized 25.7% excluding PPP and Texas Citizens.
- NIM stable at 3.51% (3.43% non-GAAP); credit quality improved: NPL ratio 0.29% vs 0.41%.
- Dividend $0.12/share declared, same as prior quarter; payable May 31 to holders of record May 15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1624322/000143774922009742/0001437749-22-009742-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1624322/000143774922009742/bfbi20220425_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-009742

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