Every material Form 8-K Bogota Financial Corp. has filed with the SEC since June 01, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Bogota Financial Corp. reported third-quarter 2026 net income of $473,000, or $0.04 per share, up slightly from $455,000 a year earlier, and nine-month net income of $1.9 million, or $0.15 per share, up 36% from $1.4 million. Total deposits fell 10.9% to $581.3 million, while non-performing assets rose to $28.3 million from $15.1 million at December 31, 2025, which shareholders may weigh alongside the higher earnings.
Q3 2026 net income of $473,000 ($0.04 per share) versus $455,000 ($0.04 per share) in Q3 2025; nine-month net income of $1.9 million ($0.15 per share) versus $1.4 million ($0.11 per share).
Net interest income rose 13.9% to $12.7 million for the nine months ended September 30, 2026.
Total deposits decreased $71.2 million, or 10.9%, to $581.3 million; FHLB advances rose $47.4 million to $140.7 million.
Non-performing assets increased to $28.3 million from $15.1 million at December 31, 2025; the company completed its stock repurchase program, buying 237,590 shares for $2.1 million.
Bogota Financial Corp. reported higher net income for the three and six months ended June 30, 2026, with Q2 net income of $748,000, or $0.06 per share, compared with $224,000, or $0.02 per share, a year earlier. Total assets, deposits and loans declined from December 31, 2025, and non-performing assets rose to $25.9 million, so shareholders face a mixed balance sheet picture alongside the earnings gain. The CEO also said the company agreed to acquire GSL Bank this quarter, but the filing gives no deal terms.
Q2 2026 net income was $748,000, or $0.06 per share, versus $224,000, or $0.02 per share, in Q2 2025.
Six-month net income was $1.5 million, or $0.12 per share, versus $955,000, or $0.08 per share, a year earlier.
Total deposits fell 12.0% to $574.2 million from $652.4 million at December 31, 2025, and FHLB advances rose $47.7 million to $141.0 million.
Non-performing assets rose to $25.9 million from $13.1 million at December 31, 2025, and the company has repurchased 230,544 shares at a cost of $2.0 million.
Bogota Financial Corp. and its mutual holding company entered into a merger agreement on May 31, 2026, under which GSL Savings Bank will merge into Bogota Savings Bank. The company expects consolidated assets to rise from about $877.2 million at March 31, 2026 to about $1.0 billion, and it will issue common stock to the MHC equal to GSL's appraised fair value, which the company says is expected to be accretive to 2026 net income and earnings per share on a pro forma basis.
Merger agreement dated May 31, 2026; GSL Savings Bank merges into Bogota Savings Bank, with the Bank surviving
Consolidated assets expected to increase from about $877.2 million (March 31, 2026) to about $1.0 billion
Closing expected in the second half of 2026, subject to regulatory and other approvals; GSL pays a $750,000 termination fee in certain circumstances
Frank Giancola, GSL's CEO, to become Executive Vice President and Chief Operating Officer of the Bank under a two-year agreement with a $250,000 base salary, effective at closing
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Bogota Financial Corp. filing is on SEC EDGAR ↗. 8-K briefs of other companies →