SB Financial Group Inc. (SBFG) Financial Statements (2026 and earlier)

Company Profile

Business Address 401 CLINTON ST
DEFIANCE, OH 43512
State of Incorp. OH
Fiscal Year End December 31
Industry (SIC) 6022 - State Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments72,68327,49324,50034,817149,511140,690
Cash and cash equivalent72,68327,49324,50034,817149,511140,690
Receivables1,174,7271,040,136984,426  860,149
Deposits current assets    2,1312,643 
Total current assets:1,247,4101,067,6291,008,92636,948152,1541,000,839
Noncurrent Assets
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization21,68820,45621,37822,82923,21223,557
Long-term investments and receivables      
Accounts and financing receivable, after allowance for credit loss      
Intangible asset, including goodwill, after accumulated amortization27,15823,23923,23923,23923,19122,091
Goodwill27,15823,23923,23923,23923,19122,091
Total noncurrent assets:48,84643,69544,61746,06846,40345,648
Other undisclosed assets249,111268,193289,7061,252,6171,132,297211,352
TOTAL ASSETS:1,545,3671,379,5171,343,2491,335,6331,330,8541,257,839
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt9,23010,58574,48729,84630,64020,200
Total current liabilities:9,23010,58574,48729,84630,64020,200
Noncurrent Liabilities
Long-term debt and lease obligation  19,690 19,59419,546 
Long-term debt, excluding current maturities  19,690 19,59419,546 
Total noncurrent liabilities:  19,690 19,59419,546 
Other undisclosed liabilities1,394,9011,221,7341,144,4201,167,7651,135,7391,094,716
Total liabilities:1,404,1311,252,0091,218,9071,217,2051,185,9251,114,916
Equity
Equity, attributable to parent141,236127,508124,342118,428144,929142,923
Common stock61,31961,31961,31961,31954,46354,463
Treasury stock, value(40,073)(34,957)(30,756)(27,824)(22,349)(13,173)
Additional paid in capital15,16015,19415,12415,08714,94414,845
Accumulated other comprehensive income (loss)(21,481)(30,234)(29,831)(32,120)(1,845)2,210
Retained earnings126,311116,186108,486101,96699,71684,578
Total equity:141,236127,508124,342118,428144,929142,923
TOTAL LIABILITIES AND EQUITY:1,545,3671,379,5171,343,2491,335,6331,330,8541,257,839

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues74,06369,20467,47219,62632,71031,664
Contractually specified servicing fee, late fee, and ancillary fee earned in exchange for servicing financial asset   3,4003,2003,1003,200
Gain on disposition of assets for financial service operations1434,8555,9205,43017,57125,803
Net investment income73,92064,34958,15210,99612,0392,661
Cost of revenue(1,306)(1,459)(1,557)(1,749)(4,935)(9,262)
Provision for loan, lease, and other losses(1,306)(124)(315) (1,050)(4,500)
Amortization of mortgage servicing rights (msrs)  (1,335)(1,242)(1,749)(3,885)(4,762)
Gross profit:72,75767,74565,91517,87727,77522,402
Operating expenses(38,614)(35,855)(34,910)(36,430)(39,180)(39,183)
Other operating income, net
(Noninterest Income, Other Operating Income)		1,2601,5111,5591,0681,2241,466
Operating income (loss):35,40333,40132,564(17,485)(10,181)(15,315)
Nonoperating income (expense)2,0481,6761,5851,3853,496(3,521)
Bank owned life insurance income2,0481,6351,6351066065
Mortgage servicing rights (msr) impairment (recovery)  41(50)1,2793,436(3,586)
Interest and debt expense   (18,879)(5,170)(4,020)(6,705)
Other undisclosed income from continuing operations before equity method investments, income taxes      43,980
Income (loss) from continuing operations before equity method investments, income taxes:37,45135,07715,270(21,270)(10,705)18,439
Other undisclosed income (loss) from continuing operations before income taxes(20,196)(21,221)(553)36,58633,428 
Income from continuing operations before income taxes:17,25513,85614,71715,31622,72318,439
Income tax expense(3,281)(2,386)(2,622)(2,795)(4,446)(3,495)
Income from continuing operations:13,97411,47012,09512,52118,27714,944
Income before gain (loss) on sale of properties:✕✕✕✕✕18,27714,944
Net income attributable to parent:13,97411,47012,09512,52118,27714,944
Preferred stock dividends and other adjustments   1,991   
Undistributed earnings (loss) allocated to participating securities, basic(10,100)(7,666)(8,482)   
Other undisclosed net income available to common stockholders, basic10,0747,6326,462   
Net income available to common stockholders, basic:13,94811,43612,06612,52118,27714,944
Dilutive securities, effect on basic earnings per share  2088   
Net income available to common stockholders, diluted:13,94811,45612,15412,52118,27714,944

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income:13,97411,47012,09512,52118,27714,944
Other comprehensive income8,753 2,289   
Other undisclosed comprehensive income      
Comprehensive income:22,72711,47014,38412,52118,27714,944
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (403) (30,275)(4,055)1,551
Comprehensive income (loss), net of tax, attributable to parent:22,72711,06714,384(17,754)14,22216,495

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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