secwatch.observer — SEC 8-K summary
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Issuer:     RBB Bancorp (RBB)
CIK:        0001499422
Form:       8-K
Filed at:   2023-01-23T23:59:59+00:00
Accession:  0001437749-23-001597
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

RBB Bancorp reports record Q4 net income $17.6M, $0.92 EPS; loans grow 14.1% annualized
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- Record Q4 net income $17.6M ($0.92 EPS), up 5.6% QoQ and 11.9% YoY.
- Loans grew $114.4M (14.1% annualized) to $3.3B; single-family residential production $130.8M.
- Net interest margin 4.26%, down 5bps QoQ; cost of interest-bearing deposits surged to 1.93% from 0.82%.
- Credit allowance $41.0M (1.23% of loans); nonperforming assets $12.1M (0.31% of assets).
- Company concluded all internal investigations; repurchased 48,896 shares at $20.77 avg.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1499422/000143774923001597/0001437749-23-001597-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1499422/000143774923001597/rbb20221121_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-001597

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