Bogota Financial (BSBK) risk factors
Item 1A of every Bogota Financial Corp. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors38 risks1 new3 dropped10 reworded
Commercial and multi-family real estate loans shifted to $180.9 million, or 27.8% of the loan portfolio, as of December 31, 2025. Available-for-sale debt securities portfolio grew to $158.1 million. Office building loans remained at $25.1 million (3.5%), while retail industry loans changed to $63.8 million (9.8%).
Filed Mar 27, 2026 - FY2024 10-K risk factors40 risks
Real estate loan concentration in New Jersey counties creates high vulnerability to local economic downturns. Heavy reliance on certificates of deposit and wholesale funding impacts net interest margins. Mutual holding company structure by Bogota Financial MHC blocks potential takeovers and stock-driven liquidity.
Filed Mar 28, 2025