{"schema_version":"secwatch.filing_event.v1","accession":"0002039852-25-000004","form_type":"8-K","ticker":"TBBK","cik":"0001295401","company_name":"Bancorp, Inc.","filed_at":"2025-01-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.235823+00:00","generated_at":"2026-05-28T17:54:31.408421+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Bancorp updates on bridge lending: $12.3M non-accrual repaid at par, sells $82M portfolio without principal loss","bullets":["On Jan 2, 2025, a $12.3 million classified non-accrual loan was repaid at par after sale of underlying collateral in Plainfield, NJ; no loss recognized.","On Dec 31, 2024, The Bancorp Bank sold an $82 million real estate bridge loan portfolio, including a $32.5 million current classified loan.","No principal loss on sale; $1.26 million of accrued interest was reversed. Bank provided financing to buyer with 25% payment guaranty.","Look-through LTVs of underlying properties are ≤57% as-is and ≤55% as-stabilized, based on recent appraisals and leverage provided."],"urls":{"canonical":"https://secwatch.observer/filing/0002039852-25-000004","json":"https://secwatch.observer/filing/0002039852-25-000004.json","markdown":"https://secwatch.observer/filing/0002039852-25-000004.md","text":"https://secwatch.observer/filing/0002039852-25-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1295401/000203985225000004/0002039852-25-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1295401/000203985225000004/bancorp8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T17:54:31.408421+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}