Bogota Financial Q1 net income slips 3.42% to $706,000

Bogota Financial Corp.

Bogota Financial Corp.

BSBK

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  • Bogota Financial posted first-quarter net income of $706,000, or $0.06 a share, down 3.4% year over year.
  • Net interest income rose 23.2% to $4.4 million, driving net interest margin to 2.2% from 1.66% a year earlier.
  • Non-interest income fell 63.9% to $321,000, reflecting a smaller bank-owned life insurance benefit.
  • Total assets slipped 3.1% to $877.2 million, while deposits dropped 7.9% to $600.9 million.
  • FHLB advances climbed 24.2% to $115.9 million, while 14,313 shares were repurchased for $119,000 under the current buyback program.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bogota Financial Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605061610PRIMZONEFULLFEED9714726) on May 06, 2026, and is solely responsible for the information contained therein.