Bogota Financial Corp. Q1 2025: Assets Dip Slightly
Ticker: BSBK · Form: 10-Q · Filed: May 13, 2025 · CIK: 1787414
| Field | Detail |
|---|---|
| Company | Bogota Financial Corp. (BSBK) |
| Form Type | 10-Q |
| Filed Date | May 13, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: financials, quarterly-report, assets, loans
TL;DR
Bogota Financial Corp. Q1 2025: Assets down slightly to $2.59B, loans stable at $1B.
AI Summary
Bogota Financial Corp. reported its first quarter 2025 results, ending March 31, 2025. The company's total assets were $2.59 billion, a slight decrease from $2.62 billion at the end of 2024. Net loans also saw a minor dip to $1.00 billion from $1.00 billion. Total deposits remained stable at $30.00 million.
Why It Matters
This filing provides insight into the financial health and operational trends of Bogota Financial Corp. during the first quarter of 2025, which can influence investor decisions.
Risk Assessment
Risk Level: low — The filing indicates stable financial metrics with no significant negative trends, suggesting a low-risk profile for this period.
Key Numbers
- $2.59B — Total Assets (Represents the company's total resources as of Q1 2025.)
- $1.00B — Net Loans (Indicates the volume of loans outstanding at the end of Q1 2025.)
- $30.00M — Total Deposits (Shows the amount of customer deposits held as of Q1 2025.)
- 0.01 — Net Interest Margin (Indicates profitability from interest-earning assets and liabilities for Q1 2025.)
Key Players & Entities
- Bogota Financial Corp. (company) — Filer of the 10-Q report
- 20250331 (date) — End of the reporting period
- 20250513 (date) — Filing date
- $2.59 billion (dollar_amount) — Total assets as of March 31, 2025
- $2.62 billion (dollar_amount) — Total assets as of December 31, 2024
- $1.00 billion (dollar_amount) — Net loans as of March 31, 2025
- $30.00 million (dollar_amount) — Total deposits as of March 31, 2025
FAQ
What was Bogota Financial Corp.'s total asset value at the end of the first quarter of 2025?
Bogota Financial Corp.'s total assets were $2,590,950 as of March 31, 2025.
How did Bogota Financial Corp.'s net loans compare between the end of 2024 and the end of Q1 2025?
Net loans for Bogota Financial Corp. were $1,000,000 as of March 31, 2025, compared to $1,000,000 as of December 31, 2024.
What was the total amount of deposits held by Bogota Financial Corp. as of March 31, 2025?
Bogota Financial Corp. held $30,000,000 in total deposits as of March 31, 2025.
What is the reported Net Interest Margin for Bogota Financial Corp. for the period ending March 31, 2025?
The Net Interest Margin reported for the period ending March 31, 2025, is 0.01.
What was the filing date for Bogota Financial Corp.'s 10-Q report for the period ending March 31, 2025?
The 10-Q report for Bogota Financial Corp. for the period ending March 31, 2025, was filed on May 13, 2025.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 13, 2025 regarding Bogota Financial Corp. (BSBK).