secwatch.observer — SEC 8-K summary
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Issuer:     FIRST BUSINESS FINANCIAL SERVICES, INC. (FBIZ)
CIK:        0001521951
Form:       8-K
Filed at:   2023-01-26T23:59:59+00:00
Accession:  0001521951-23-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Business Bank Q4 net income $9.9M, EPS $1.18; loan growth 20% annualized
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- Diluted EPS $1.18 vs $1.01 YoY; full-year EPS $4.75 vs $4.17 in 2021.
- Loans grew $114.2M (19.6% annualized) from Q3; record net interest margin 4.15%.
- Total deposits $2.168B, up 15.5% annualized linked quarter; in-market deposits up 7.6%.
- Non-performing assets at historic low of 0.13% of total assets.
- Tangible book value per share up 8.6% YoY; management expects double-digit growth in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1521951/000152195123000008/0001521951-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1521951/000152195123000008/fbiz-20230126.htm
  HTML page:      https://secwatch.observer/filing/0001521951-23-000008

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