{"schema_version":"secwatch.filing_event.v1","accession":"0001521951-24-000005","form_type":"8-K","ticker":"FBIZ","cik":"0001521951","company_name":"FIRST BUSINESS FINANCIAL SERVICES, INC.","filed_at":"2024-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.480174+00:00","generated_at":"2026-06-06T18:17:13.576476+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"First Business Financial Q4 net income $9.6M ($1.15 EPS), deposits up 21% annualized; NIM compresses to 3.69%","bullets":["Net income available to common $9.6M, diluted EPS $1.15, vs $1.17 in Q3 and $1.18 in Q4 2022.","Total deposits grew $139.8M (21% annualized) from Q3; in-market deposits hit record $2.34B.","Loans increased $86.2M (12.5% annualized) from Q3; full-year loan growth 16.7% to $2.85B.","Pre-tax pre-provision adjusted earnings record $15.3M, up 17.8% YoY; tangible book value per share $31.94, up 12.9% YoY.","Non-performing assets rose to $20.8M (0.59% of assets) from $3.8M a year ago; provision for credit losses $2.6M vs $0.7M."],"urls":{"canonical":"https://secwatch.observer/filing/0001521951-24-000005","json":"https://secwatch.observer/filing/0001521951-24-000005.json","markdown":"https://secwatch.observer/filing/0001521951-24-000005.md","text":"https://secwatch.observer/filing/0001521951-24-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1521951/000152195124000005/0001521951-24-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1521951/000152195124000005/fbiz-20240125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T18:17:13.576476+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b5fec6368f66ca6df33200324ddcc7b283b66200","claim":"FIRST BUSINESS FINANCIAL SERVICES, INC. reported the quarter ended December 31, 2023 results: net income $9.6 million, EPS $1.15 on a diluted basis.","evidence_excerpt":"First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) reported quarterly net income available to common shareholders of $9.6 million, or earnings per share of $1.15 on a diluted basis.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1521951/000152195124000005/0001521951-24-000005-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2023"},{"label":"Net income","value":"$9.6 million"},{"label":"EPS","value":"$1.15 on a diluted basis"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}