{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-005834","form_type":"8-K","ticker":null,"cik":"0001290476","company_name":"Village Bank & Trust Financial Corp.","filed_at":"2024-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.742041+00:00","generated_at":"2026-06-03T06:18:53.957282+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"VBFC Q1 net income $1.77M ($1.19 EPS) vs $1.54M ($1.04) YoY","bullets":["Net income $1,772,000 ($1.19 diluted EPS) up 15% from $1,540,000 ($1.04) in Q1 2023.","Net interest margin compressed 7 bps to 3.72% from 3.79% due to higher deposit costs offset by higher asset yields.","Commercial Banking net income $1,703,000 vs $1,858,000; Mortgage Banking turned profitable at $69,000 vs loss of $318,000.","Core loans grew 2.84% from Q4 2023 and 9.58% from Q1 2023; deposits up 2.47% from Q4.","Provision for credit losses $150,000 vs $0; nonperforming loans ratio improved to 0.05% from 0.12% YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-005834","json":"https://secwatch.observer/filing/0001558370-24-005834.json","markdown":"https://secwatch.observer/filing/0001558370-24-005834.md","text":"https://secwatch.observer/filing/0001558370-24-005834.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1290476/000155837024005834/0001558370-24-005834-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1290476/000155837024005834/vbfc-20240426x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T06:18:53.957282+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":"513b2278e7d7252fd335feb2ddce9ec819cfe577","claim":"Village Bank & Trust Financial Corp. reported the first quarter of 2024 results: net income $1,772,000, EPS $1.19 per fully diluted share.","evidence_excerpt":"Net income for the first quarter of 2024 was $1,772,000, or $1.19 per fully diluted share, compared to net income for the first quarter of 2023 of $1,540,000, or $1.04 per fully diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1290476/000155837024005834/0001558370-24-005834-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2024"},{"label":"Net income","value":"$1,772,000"},{"label":"EPS","value":"$1.19 per fully diluted share"},{"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"}