Bogota Financial Q2 net income rises to $748,000 from $224,000 a year earlier
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.
Key points
- 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.
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2026.
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.