Bogota Financial Q2 net income rises 233.48% to $748,000; net interest margin widens 20 percentage points to 1.94%

• Bogota Financial posted net income of $748,000 in the quarter ended June 30, 2026, up 233.48% from a year earlier.
• Net interest income rose 3.9% to $3.8 million, as net interest margin widened 20 basis points to 1.94%.
• Non-interest income more than doubled to $661,000, reflecting a $300,000 collection on an insurance claim tied to a prior fraud loss.
• Deposits fell 12% to $574.2 million at June 30, while FHLB borrowings climbed 51.1% to $141 million amid deposit outflows.
• Management said the planned acquisition of GSL Savings Bank is expected to close in the second half of 2026, pending approvals.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-027724), on August 13, 2026, and is solely responsible for the information contained therein.