secwatch.observer — SEC 8-K summary
======================================

Issuer:     Finwise Bancorp (FINW)
CIK:        0001856365
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001856365-23-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FinWise Bancorp Q1 2023 net income $3.9M; ROAA 3.8%
---------------------------------------------------

- Total assets $442.3M as of March 31, 2023; Q1 net income $3.9M.
- ROAE 11.1%, ROAA 3.8% (annualized Q1 2023).
- Strategic Programs 61.2% of gross revenue; SBA 7(a) 24.2%.
- Allowance for loan losses 4.0% of total loans; net charge-offs low.
- Tangible book value per share $9.72; no goodwill or intangibles.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856365/000185636523000014/0001856365-23-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856365/000185636523000014/finw-20230508.htm
  HTML page:      https://secwatch.observer/filing/0001856365-23-000014

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