Form 8-K

8-K — SB FINANCIAL GROUP, INC.

Accession: 0001213900-26-083848

Filed: 2026-07-31

Period: 2026-07-23

CIK: 0000767405

SIC: 6022 (STATE COMMERCIAL BANKS)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — ea0300050-8k_sbfinancial.htm (Primary)

EX-99.1 — NEWS RELEASE ISSUED BY SB FINANCIAL GROUP, INC. ON JULY 23, 2026, REPORTING FINANCIAL RESULTS FOR THE SECOND QUARTER 2026 (ea030005001ex99-1.htm)

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8-K — CURRENT REPORT

8-K (Primary)

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0000767405

2026-07-23

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) July 31, 2026

(July 23, 2026)

SB FINANCIAL GROUP, INC

(Exact name of registrant as specified in its charter)

Ohio

001-36785

34-1395608

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

401 Clinton Street, Defiance, OH

43512

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code (419) 783-8950

Not Applicable

(Former name or former address, if changed since

last report.)

Check the appropriate box below if the Form 8-K filing is intended

to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.

below):

☐ Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading symbol(s)

Name of each exchange on which registererd

Common Shares, No Par Value 6,252,992 Outstanding at July 31, 2026

SBFG

The NASDAQ Stock Market, LLC (NASDAQ Capital Market)

Indicate by check mark whether the registrant

is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the

Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging

growth company ☐

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On July 23, 2026, SB Financial Group, Inc. (the

“Company”) issued a news release reporting financial results for the second quarter 2026. A copy of the July 23, 2026 news

release is furnished as Exhibit 99.1 and is incorporated herein by reference.

The information in this Item 2.02, including Exhibit

99.1 furnished herewith, is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities

Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that Section, nor shall such information

be deemed to be incorporated by reference in any registration statement or other document filed under the Securities Act of 1933 or the

Exchange Act, except as otherwise stated in such filing.

Item 9.01. Financial Statements and Exhibits.

(a) Not Applicable

(b) Not Applicable

(d) Exhibits

Exhibit No.

Description

99.1

News release issued by SB Financial Group, Inc. on July 23, 2026, reporting financial results for the second quarter 2026.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

-1-

SIGNATURE

Pursuant to the requirements of the Securities

Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

SB FINANCIAL GROUP, INC.

Dated: July 31, 2026

By:

/s/ Anthony V. Cosentino

Anthony V. Cosentino

Chief Financial Officer

-2-

EX-99.1 — NEWS RELEASE ISSUED BY SB FINANCIAL GROUP, INC. ON JULY 23, 2026, REPORTING FINANCIAL RESULTS FOR THE SECOND QUARTER 2026

EX-99.1

Filename: ea030005001ex99-1.htm · Sequence: 2

Exhibit 99.1

SB Financial Group Announces Second Quarter

2026 Results

DEFIANCE, OH, July 23, 2026 -- SB Financial

Group, Inc. (NASDAQ: SBFG) (“SB Financial” or the “Company”), a diversified financial services company

providing full-service community banking, mortgage banking, wealth management, private client and title insurance services today reported

earnings for the quarter ended June 30, 2026.

Second Quarter 2026 Highlights compared to the second quarter of

the prior year include:

● Net Income, GAAP net income and Diluted Earnings

per Share (“DEPS”) were $4.5 million, or $0.72 per DEPS, an improvement from the $3.9 million, or $0.60 per DEPS in the prior-year

quarter. Net income, adjusted for Originated Mortgage Servicing Rights (“OMSR”) and merger costs, was $4.5 million, up 21.8

percent compared to $3.7 million for the prior-year period. Adjusted DEPS of $0.73 was also up 25.9 percent from the adjusted prior-year.

● Total loans reached $1.19 billion, reflecting

an increase of $94.8 million, or 8.7 percent, from the prior-year quarter and an improvement of $8.4 million, or 0.71 percent, from the

linked quarter. This performance marks SBFG's ninth consecutive quarter of expansion in our loan portfolio.

● Total deposits climbed to $1.39 billion, increasing

by $141.3 million, or 11.3 percent, from the prior-year quarter, and up $19.3 million, or 1.4 percent, from the linked quarter.

● Tangible book value (“TBV”) per common

share finished the quarter at $19.04, climbing $2.60 per share, or 15.8 percent, from $16.44 in the prior-year quarter. Adjusted tangible

book value excluding AOCI advanced to $22.57 at quarter end.

Six months ended June 30, 2026 Highlights compared

to the same period of the prior-year:

● GAAP net income increased to $8.8 million, a

46.3 percent expansion compared to the $6.0 million reported for the previous six months, and diluted EPS was $1.41, an improvement of

51.6 percent from $0.93.

● Net interest income rose to $25.7 million, representing

a 9.7 percent improvement from the $23.4 million reported in the prior-year period.

● Noninterest income increased by 5.9 percent to

$9.7 million compared to $9.2 million reported in the previous six months.

● Noninterest expense remained well controlled, decreasing by

0.8 percent to $24.1 million from $24.3 million in the prior-year period.

Earnings Highlights

Three Months Ended

Six Months Ended

($ in thousands, except per share & ratios)

Jun. 2026

Jun. 2025

% Change

Jun. 2026

Jun. 2025

% Change

Operating revenue

$ 17,941

$ 17,176

4.5 %

$ 35,365

$ 32,562

8.6 %

Interest income

19,820

18,467

7.3 %

39,127

35,839

9.2 %

Interest expense

6,866

6,339

8.3 %

13,461

12,432

8.3 %

Net interest income

12,954

12,128

6.8 %

25,666

23,407

9.7 %

Provision for credit losses

299

597

49.9 %

513

984

-47.9 %

Noninterest income

4,987

5,048

-1.2 %

9,699

9,155

5.9 %

Noninterest expense

12,137

11,852

2.4 %

24,066

24,262

-0.8 %

Net income

4,497

3,852

16.7 %

8,793

6,010

46.3 %

Adjusted Earnings per diluted share

0.73

0.58

25.9 %

1.36

1.00

36.0 %

Earnings per diluted share

0.72

0.60

20.0 %

1.41

0.93

51.6 %

Adjusted Return on Avg. Assets

1.13 %

1.00 %

13.0 %

1.07 %

0.85 %

25.9 %

Return on average assets

1.12 %

1.03 %

8.7 %

1.11 %

0.82 %

35.4 %

Adjusted Return on Avg. Equity

12.55 %

11.29 %

11.2 %

11.81 %

10.54 %

12.0 %

Return on average equity

12.44 %

11.67 %

6.6 %

12.24 %

9.19 %

33.2 %

“Net income for the second quarter of 2026

was $4.5 million, a 16.7 percent increase from the prior-year quarter, with GAAP DEPS of $0.72, an improvement of 20.0 percent from the

prior-year quarter,” said Mark A. Klein, Chairman, President, and Chief Executive Officer. “This marks our 62nd consecutive

quarter of profitability and reflects the continued benefits of not only our expanded balance sheet scale, but also the sustained, robust

performance of our diversified community banking and fee-based business lines.”

RESULTS OF OPERATIONS

In the second quarter of 2026, total operating

revenue increased to $17.9 million, 4.5 percent improvement from $17.2 million in the prior-year quarter and 3.0 percent from $17.4 million

in the linked quarter. The year-over-year increase was driven by higher net interest income, which was partially offset by a modest reduction

in noninterest income due to lower net mortgage servicing fees. Net interest income for the quarter totaled $13.0 million, compared with

$12.1 million in the prior-year period and $12.7 million in the linked quarter. The year-over-year expansion was driven by a rise in interest

income on loans, which climbed to $17.5 million. Total interest expense increased to $6.9 million, up 8.3 percent from $6.3 million in

the prior-year quarter, as slightly higher deposit costs were partially offset by lower costs across other funding sources. As a result,

net interest margin decreased approximately 5 basis points from 3.48 percent in the prior-year quarter to 3.43 percent.

Total loans increased $94.8 million from the prior-year

quarter and $8.4 million from the linked quarter. Total deposits at quarter end increased $141.3 million, or 11.3 percent, to $1.39 billion,

supported by stable core deposit relationships and continued customer deposit gathering activities across the Company’s markets.

Overall results for the quarter reflected continued balance sheet discipline, stable credit performance, and the benefit of a diversified

revenue business model.

Mortgage Loan Business

Net mortgage banking revenue for the quarter reached $1.9 million,

a decrease of $236,000 from the prior-year quarter. Loan servicing fees added $934,000 to revenue, reflecting an increase of $30,000 from

the prior-year quarter. The OMSR net valuation adjustment for the second quarter of 2026 was a negative $54,000, compared with a recapture

of $159,000 in the second quarter of 2025.

Mortgage Banking

($ in thousands)

Jun. 2026

Mar. 2026

Dec. 2025

Sep. 2025

Jun. 2025

Prior Year

Growth

Mortgage originations

$ 79,346

$ 65,768

$ 72,398

$ 67,609

$ 97,901

$ (18,555 )

Mortgage sales

70,253

53,420

70,361

66,408

74,313

(4,060 )

Mortgage servicing portfolio

1,504,657

1,482,052

1,479,982

1,470,360

1,456,374

48,283

Mortgage servicing rights

15,953

15,728

15,254

15,347

15,458

495

Revenue

Loan servicing fees

934

928

914

904

OMSR amortization

(497 )

(529 )

(572 )

(455 )

(469 )

(28 )

Net administrative fees

437

399

356

459

435

OMSR valuation adjustment

(54 )

452

(157 )

(301 )

159

(213 )

Net loan servicing fees

383

851

199

158

594

(211 )

Gain on sale of mortgages

1,541

978

1,272

1,328

1,566

(25 )

Mortgage banking revenue, net

$ 1,924

$ 1,829

$ 1,471

$ 1,486

$ 2,160

$ (236 )

Noninterest Income and Noninterest Expense

“Noninterest income for the second quarter of 2026 reached $5.0

million, proving highly resilient compared to the prior-year base of $5.0 million,” Mr. Klein noted. “Our wealth management

fees improved to $955,000, from $859,000 a year ago, while title insurance contributed $577,000 to total revenue, illustrating the strength

of our team's cross-functional internal referral strategies.”

Noninterest Income/Noninterest Expense

($ in thousands, except ratios)

Jun. 2026

Mar. 2026

Dec. 2025

Sep. 2025

Jun. 2025

Prior Year

Growth

Noninterest Income (NII)

$ 4,987

$ 4,712

$ 3,708

$ 4,244

$ 5,048

$ (61 )

NII / Total Revenue

27.8 %

27.0 %

22.6 %

25.6 %

29.4 %

-1.6 %

NII / Average Assets

1.2 %

1.0 %

1.1 %

1.4 %

-0.2 %

Total Revenue Growth

4.5 %

13.3 %

6.3 %

15.9 %

22.3 %

-17.8 %

Noninterest Expense (NIE)

$ 12,137

$ 11,929

$ 11,239

$ 11,498

$ 11,852

$ 285

Efficiency Ratio

67.3 %

68.1 %

69.0 %

68.9 %

-1.6 %

NIE / Average Assets

3.0 %

3.1 %

2.9 %

3.0 %

3.2 %

-0.2 %

Net Noninterest Expense/Avg. Assets

-1.8 %

-1.9 %

-1.8 %

0.0 %

Total Expense Growth

2.4 %

-3.9 %

2.1 %

4.5 %

11.1 %

-8.7 %

Noninterest expense for the second quarter of 2026 rose 2.4 percent

to $12.1 million from $11.9 million in the prior-year quarter, predominantly driven by an increase of $410,000 in salaries and employee

benefits, which totaled $7.0 million, to support revenue-producing lenders. This increase was heavily mitigated by lower data-processing

expenses, which decreased to $693,000 from $888,000 in the prior-year quarter as previous merger-related and systems-integration costs

fully wound down. “Our core efficiency ratio for the second quarter of 2026 improved to 67.32 percent, compared to 68.90 percent

in the second quarter of 2025 and 68.12 percent in the linked quarter,” stated Mr. Klein. “This positive operating leverage

reflects our disciplined approach to managing overhead while proactively funding expansion in our growth markets.”

Balance Sheet

As of June 30, 2026, SB Financial reported total

assets of $1.62 billion, representing an increase of $74.7 million from December 31, 2025, and $133.8 million, or 9.0 percent, from June

30, 2025. The year-over-year asset growth was primarily driven by steady organic loan generation across commercial and agricultural lines.

Cash and due from banks increased by $58.7 million from the prior-year period to $138.2 million, supported by sustained deposit gathering

and investment portfolio cash flows. Key balance-sheet metrics for the quarter included a loan-to-deposit ratio of 85.51 percent and a

loan-to-asset ratio of 73.43 percent, both of which remained well-aligned with target operating bands.

Total deposits at quarter end reached $1.39 billion,

an increase of $141.3 million, or 11.3 percent, from the prior-year quarter, driven by strong client retention and expanded commercial

deposit relationships. Noninterest-bearing demand deposits totaled $258.6 million, accounting for 18.6 percent of the total deposit portfolio.

Shareholders’ equity finished the period at $146.7 million, representing an increase of $13.1 million, or 9.8 percent, from the

prior-year period.

During the second quarter, SB Financial repurchased

approximately 28,000 shares, roughly flat compared to the linked quarter, reflecting a measured approach to capital allocation and ongoing

evaluation of market dynamics and corporate priorities during the period. The Company remains committed to a prudent capital allocation

strategy, supporting shareholder returns through dividends and share buybacks while preserving the financial flexibility to fund organic

expansion, strategic initiatives, and capital stability.

“As we enter the second half of 2026, we are operating from a

strong fundamental foundation characterized by top-tier capital ratios, exceptional credit quality, and a resilient core deposit franchise,”

stated Mr. Klein. “Our consistent organic loan expansion highlights our strong client relationship model and localized lending expertise,

while our robust reserve coverage and near-zero delinquency levels reflect our disciplined approach to credit administration. Supported

by our diverse fee-generating businesses and careful expense management, we are well-positioned to maintain positive operating leverage

and drive long-term value for our shareholders.”

Loan Balances

($ in thousands, except ratios)

Jun. 2026

Mar. 2026

Dec. 2025

Sep. 2025

Jun. 2025

Annual Growth

Commercial

$ 111,128

$ 112,226

$ 113,878

$ 117,581

$ 118,984

$ (7,856 )

% of Total

9.3 %

9.5 %

9.6 %

10.6 %

10.9 %

-6.6 %

Commercial RE

611,274

601,556

596,983

535,307

525,671

85,603

% of Total

51.4 %

50.9 %

50.6 %

48.2 %

48.0 %

16.3 %

Agriculture

81,341

78,569

76,514

65,150

60,924

20,417

% of Total

6.8 %

6.7 %

6.5 %

5.9 %

5.6 %

33.5 %

Residential RE

295,481

299,741

304,741

309,140

310,126

(14,645 )

% of Total

24.8 %

25.4 %

25.8 %

27.8 %

28.3 %

-4.7 %

Consumer & Other

90,335

89,043

88,475

83,367

79,014

11,321

% of Total

7.6 %

7.5 %

7.2 %

14.3 %

Total Loans

$ 1,189,559

$ 1,181,135

$ 1,180,591

$ 1,110,545

$ 1,094,719

$ 94,840

Total Growth Percentage

8.7 %

Deposit Balances

($ in thousands, except ratios)

Jun. 2026

Mar. 2026

Dec. 2025

Sep. 2025

Jun. 2025

Annual Growth

Non-Int DDA

$ 258,576

$ 248,239

$ 254,063

$ 246,725

$ 241,245

$ 17,331

% of Total

18.6 %

18.1 %

19.4 %

19.5 %

19.3 %

7.2 %

Interest DDA

206,593

215,594

202,501

194,420

205,581

1,012

% of Total

14.9 %

15.7 %

15.5 %

15.4 %

16.4 %

0.5 %

Savings

325,675

333,662

296,484

290,111

282,311

43,364

% of Total

23.4 %

24.3 %

22.7 %

23.0 %

22.6 %

15.4 %

Money Market

315,363

300,028

280,896

261,953

249,536

65,827

% of Total

22.7 %

21.9 %

21.5 %

20.7 %

20.0 %

26.4 %

Time Deposits

284,940

274,300

273,300

269,313

271,149

13,791

% of Total

20.5 %

20.0 %

20.9 %

21.3 %

21.7 %

5.1 %

Total Deposits

$ 1,391,147

$ 1,371,823

$ 1,307,244

$ 1,262,522

$ 1,249,822

$ 141,325

Total Growth Percentage

11.3 %

Asset Quality

As of June 30, 2026, SB Financial continued to

report strong asset quality metrics. Nonperforming assets totaled $4.4 million, representing 0.27 percent of total assets, reflecting

a decrease of $1.8 million from $6.2 million (0.41 percent of total assets) in the prior-year quarter. Within total nonperforming assets,

nonaccruing loans declined to $3.5 million, while foreclosed properties and other assets stood at $936,000. The allowance for credit losses

remained strong at 1.38 percent of total loans, providing coverage of 470.2 percent of nonperforming loans. This reserve level represents

an improvement from the prior-year period, reflecting the Company’s disciplined credit risk framework. Annualized net loan charge-offs

to average loans remained very low at 6 basis points, compared to 1 basis point in the linked quarter and 2 basis points in the prior-year

quarter, with gross charge-offs totaling $196,000. Collectively, these metrics underscore SB Financial's continued focus on disciplined

underwriting and effective credit administration.

“Our credit results for the second quarter continue to demonstrate

excellent stability across the loan portfolio and steady progress in resolving nonperforming assets,” said Mr. Klein. “With

nonperforming assets declining compared to the linked quarter and our allowance for credit losses providing coverage of nonperforming

loans, our reserve position remains highly conservative. We remain committed to diligent underwriting and proactive risk management to

protect the balance sheet as we support measured loan expansion across our markets.”

Nonperforming Assets

Reconcile to 10-Q

Annual

($ in thousands, except ratios)

Jun. 2026

Mar. 2026

Dec. 2025

Sep. 2025

Jun. 2025

Change

Commercial & Agriculture

$ 1,304

$ 1,359

$ 2,256

$ 2,243

$ 3,306

$ (2,002 )

% of Total Com./Ag. loans

0.68 %

0.71 %

1.18 %

1.23 %

1.84 %

-60.6 %

Commercial RE

339

668

771

778

784

(445 )

% of Total CRE loans

0.06 %

0.11 %

0.13 %

0.15 %

-56.8 %

Residential RE

1,476

1,439

1,322

1,400

1,585

(109 )

% of Total Res. RE loans

0.50 %

0.48 %

0.43 %

0.45 %

0.51 %

-6.9 %

Consumer & Other

367

233

230

195

197

170

% of Total Con./Oth. loans

0.41 %

0.26 %

0.23 %

0.25 %

86.3 %

Total Nonaccruing Loans

3,486

3,699

4,579

4,616

5,872

(2,386 )

% of Total loans

0.29 %

0.31 %

0.39 %

0.42 %

0.54 %

-40.6 %

Foreclosed Assets and Other Assets

936

974

104

237

284

652

Total Change (%)

N/M

Total Nonperforming Assets

$ 4,422

$ 4,673

$ 4,683

$ 4,853

$ 6,156

$ (1,734 )

% of Total assets

0.27 %

0.29 %

0.30 %

0.32 %

0.41 %

-28.17 %

Webcast and Conference Call

The Company will hold the second quarter 2026

earnings conference call and webcast on July 24, 2026, at 11:00 a.m. EST. Interested parties may access the conference call by dialing

1-888-338-9469. The webcast can be accessed at ir.yourstatebank.com. An audio replay of the call will be available on the Company’s

website.

About SB Financial Group

Headquartered in Defiance, Ohio, SB Financial

is a diversified financial services holding company for the State Bank & Trust Company (State Bank) and SBFG Title, LLC dba Peak Title

(Peak Title). State Bank provides a full range of financial services for consumers and small businesses, including wealth management,

private client services, mortgage banking and commercial and agricultural lending, operating through a total of 27 offices: 25 in eleven

Ohio counties and two in Northeast, Indiana, and 27 ATMs. State Bank has four Residential loan production offices located throughout Ohio

and Indiana. Peak Title provides title insurance and title opinions throughout the Tri-State and Kentucky. SB Financial’s common

stock is listed on the NASDAQ Capital Market with the ticker symbol “SBFG”.

Forward-Looking Statements

Certain statements within this document, which are not statements of

historical fact, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking

statements involve risks and uncertainties, and actual results may differ materially from those predicted by the forward-looking statements.

These risks and uncertainties include, but are not limited to, risks and uncertainties inherent in the national and regional banking industry,

changes in economic conditions in the market areas in which SB Financial and its subsidiaries operate, changes in policies by regulatory

agencies, changes in accounting standards and policies, changes in tax laws, fluctuations in interest rates, demand for loans in the market

areas in which SB Financial and its subsidiaries operate, increases in FDIC insurance premiums, changes in the competitive environment,

losses of significant customers, geopolitical events, the loss of key personnel and other risks identified in SB Financial’s Annual

Report on Form 10-K and documents subsequently filed by SB Financial with the Securities and Exchange Commission. Forward-looking statements

speak only as of the date on which they are made, and SB Financial undertakes no obligation to update any forward-looking statement to

reflect events or circumstances after the date on which the statement is made, except as required by law. All subsequent written and oral

forward-looking statements attributable to SB Financial or any person acting on its behalf are qualified by these cautionary statements.

Non-GAAP Financial Measures

This press release contains financial information

determined by methods other than in accordance with U.S. generally accepted accounting principles (“GAAP”). Non-GAAP financial

measures, specifically pre-tax, pre-provision income, tangible common equity, tangible assets, tangible book value per common share, tangible

common equity to tangible assets, return on average tangible common equity, total interest income – FTE, net interest income –

FTE and net interest margin – FTE are used by the Company’s management to measure the strength of its capital and analyze

profitability, including its ability to generate earnings on tangible capital invested by its shareholders. In addition, the Company excludes

the OMSR valuation adjustment and any gain on sale of assets from net income to report a non-GAAP adjusted net income level. Although

management believes these non-GAAP measures are useful to investors by providing a greater understanding of its business, they should

not be considered a substitute for financial measures determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP

performance measures that may be presented by other companies.

Investor Contact Information:

Mark A. Klein

Chairman, President and

Chief Executive Officer

Mark.Klein@YourStateBank.com

Anthony V. Cosentino

Executive Vice President

and

Chief Financial Officer

Tony.Cosentino@YourStateBank.com

SB FINANCIAL GROUP, INC.

CONSOLIDATED BALANCE

SHEETS - (Unaudited)

June

March

December

September

June

($ in thousands)

2026

2025

ASSETS

Cash and due from banks

$ 138,152

$ 126,293

$ 71,543

$ 85,025

$ 79,463

Interest bearing time deposits

2,455

1,965

1,140

2,025

1,565

Available-for-sale securities

179,026

183,626

188,626

193,190

195,955

Loans held for sale

7,438

7,203

1,761

4,736

12,774

Loans, net of unearned income

1,189,559

1,181,135

1,180,591

1,110,545

1,094,719

Allowance for credit losses

(16,395 )

(16,388 )

(16,114 )

(15,943 )

(15,645 )

Premises and equipment, net

21,088

21,295

21,688

21,764

21,857

Federal Reserve and FHLB Stock, at cost

5,502

5,463

5,610

5,466

Foreclosed assets

936

974

104

237

284

Interest receivable

5,455

5,499

5,490

5,455

5,299

Goodwill

27,158

Cash value of life insurance

32,354

32,401

32,208

32,004

31,060

Mortgage servicing rights

15,953

15,728

15,254

15,347

15,458

Other assets

11,383

12,246

10,308

9,254

10,888

Total assets

$ 1,620,064

$ 1,604,598

$ 1,545,367

$ 1,496,263

$ 1,486,301

LIABILITIES AND SHAREHOLDERS’ EQUITY

Deposits

Non interest bearing demand

$ 258,576

$ 248,239

$ 254,063

$ 246,725

$ 241,245

Interest bearing demand

206,593

215,594

202,501

194,420

205,581

Savings

325,675

333,662

296,484

290,111

282,311

Money market

315,363

300,028

280,896

261,953

249,536

Time deposits

284,940

274,300

273,300

269,313

271,149

Total deposits

1,391,147

1,371,823

1,307,244

1,262,522

1,249,822

Short-term borrowings

6,732

9,433

9,230

10,976

15,640

Federal Home Loan Bank advances

22,500

27,500

35,000

Trust preferred securities

10,310

Subordinated debt net of issuance costs

19,763

19,751

19,739

19,726

19,715

Interest payable

2,470

2,553

2,460

2,739

2,258

Other liabilities

20,402

19,573

20,148

18,051

19,908

Total liabilities

1,473,324

1,460,943

1,404,131

1,359,324

1,352,653

Shareholders' Equity

Common stock

61,319

Additional paid-in capital

15,275

15,065

15,160

15,086

15,139

Retained earnings

133,125

129,631

126,311

123,370

120,273

Accumulated other comprehensive loss

(21,854 )

(21,861 )

(21,481 )

(23,412 )

(25,492 )

Treasury stock

(41,125 )

(40,499 )

(40,073 )

(39,424 )

(37,591 )

Total shareholders' equity

146,740

143,655

141,236

136,939

133,648

Total liabilities and shareholders' equity

$ 1,620,064

$ 1,604,598

$ 1,545,367

$ 1,496,263

$ 1,486,301

SB FINANCIAL GROUP, INC.

CONSOLIDATED STATEMENTS

OF INCOME - (Unaudited)

At and for the Three Months Ended

Six Months Ended

June

March

December

September

June

($ in thousands, except per share & ratios)

2026

2025

2026

2025

Interest income

Loans

Taxable

$ 17,498

$ 17,246

$ 17,234

$ 16,449

$ 16,059

$ 34,744

$ 31,303

Tax exempt

107

117

116

197

231

Securities

Taxable

1,006

1,029

1,096

1,097

1,133

2,035

2,302

Tax exempt

Other interest income

1,182

897

799

1,111

1,124

2,079

1,930

Total interest income

19,820

19,307

19,272

18,809

18,467

39,127

35,839

Interest expense

Deposits

6,237

5,957

5,820

5,721

5,597

12,194

10,949

Repurchase agreements & other

Federal Home Loan Bank advances

234

285

370

369

366

519

728

Trust preferred securities

145

144

154

162

161

289

321

Subordinated debt

243

195

194

195

194

438

389

Total interest expense

6,866

6,595

6,560

6,475

6,339

13,461

12,432

Net interest income

12,954

12,712

12,334

12,128

25,666

23,407

Provision for credit losses

299

214

198

124

597

513

984

Net interest income after provision

for credit losses

12,655

12,498

12,514

12,210

11,531

25,153

22,423

Noninterest income

Wealth management fees

955

941

900

912

859

1,896

1,723

Customer service fees

917

910

892

887

886

1,827

1,765

Gain on sale of mtg. loans & OMSR

1,541

978

1,272

1,328

1,566

2,519

2,415

Mortgage loan servicing fees, net

383

851

199

158

594

1,234

1,205

Gain on sale of non-mortgage loans

144

206

Title insurance revenue

577

485

525

544

582

1,062

979

Gain (loss) on sale of assets

(9 )

(1 )

Other

561

395

(118 )

407

479

956

971

Total noninterest income

4,987

4,712

3,708

4,244

5,048

9,699

9,155

Noninterest expense

Salaries and employee benefits

7,005

6,096

6,047

6,198

6,595

13,101

12,832

Net occupancy expense

802

882

822

801

793

1,684

1,686

Equipment expense

1,226

1,244

1,154

1,188

1,121

2,470

2,193

Data processing fees

693

726

790

723

888

1,419

2,327

Professional fees

844

1,016

805

863

892

1,860

1,926

Marketing expense

255

277

122

174

190

532

355

Telephone and communication expense

126

118

124

123

125

244

264

Postage and delivery expense

146

187

140

157

107

333

244

State, local and other taxes

221

288

331

268

509

492

Employee expense

177

184

158

255

176

361

350

Other expenses

642

911

746

748

697

1,553

1,593

Total noninterest expense

12,137

11,929

11,239

11,498

11,852

24,066

24,262

Income before income tax expense

5,505

5,281

4,983

4,956

4,727

10,786

7,316

Income tax expense

1,008

985

1,065

910

875

1,993

1,306

Net income

$ 4,497

$ 4,296

$ 3,918

$ 4,046

$ 3,852

$ 8,793

$ 6,010

Common share data:

Basic earnings per common share

$ 0.72

$ 0.69

$ 0.63

$ 0.64

$ 0.60

$ 1.41

$ 0.93

Diluted earnings per common share

$ 0.72

$ 0.69

$ 0.63

$ 0.64

$ 0.60

$ 1.41

$ 0.93

Average shares outstanding (in thousands):

Basic:

6,205

6,230

6,252

6,297

6,448

6,218

6,464

Diluted:

6,220

6,243

6,266

6,311

6,459

6,233

6,483

SB FINANCIAL GROUP, INC.

CONSOLIDATED FINANCIAL

HIGHLIGHTS - (Unaudited)

At and for the Three Months Ended

Six Months Ended

($ in thousands, except per share & ratios)

June

March

December

September

June

SUMMARY OF OPERATIONS

2026

2025

2026

2025

Net interest income

$ 12,954

$ 12,712

$ 12,334

$ 12,128

$ 25,666

$ 23,407

Tax-equivalent adjustment

Tax-equivalent net interest income

12,990

12,748

12,750

12,374

12,168

25,738

23,488

Provision for credit loss

299

214

198

124

597

513

984

Noninterest income

4,987

4,712

3,708

4,244

5,048

9,699

9,155

Total operating revenue

17,941

17,424

16,420

16,578

17,176

35,365

32,562

Noninterest expense

12,137

11,929

11,239

11,498

11,852

24,066

24,262

Pre-tax pre-provision income

5,804

5,495

5,181

5,080

5,324

11,299

8,300

Net income

4,497

4,296

3,918

4,046

3,852

8,793

6,010

PER SHARE INFORMATION:

Basic earnings per share (EPS)

0.72

0.69

0.63

0.64

0.60

1.41

0.93

Diluted earnings per share

0.72

0.69

0.63

0.64

0.60

1.41

0.93

Common dividends

0.160

0.155

0.150

0.315

0.295

Book value per common share

23.70

23.10

22.65

21.85

21.02

23.70

21.02

Tangible book value per common share (TBV)

19.04

18.45

18.00

17.21

16.44

19.04

16.44

Market price per common share

25.27

21.00

22.27

19.29

19.10

25.27

19.10

Market price to TBV

132.7 %

113.8 %

123.7 %

112.1 %

116.2 %

132.7 %

116.2 %

Market price to trailing 12 month EPS

9.4

8.2

10.1

9.1

10.4

9.4

10.4

PERFORMANCE RATIOS:

Return on average assets (ROAA)

1.12 %

1.10 %

1.01 %

1.07 %

1.03 %

1.11 %

0.82 %

Pre-tax pre-provision ROAA

1.45 %

1.41 %

1.34 %

1.42 %

1.52 %

1.21 %

Return on average equity (ROE)

12.44 %

12.04 %

11.08 %

12.08 %

11.67 %

12.24 %

9.19 %

Return on average tangible equity

15.53 %

15.06 %

13.97 %

15.47 %

14.97 %

15.30 %

11.64 %

Efficiency ratio

67.32 %

68.12 %

68.09 %

69.00 %

68.90 %

67.72 %

74.14 %

Earning asset yield

5.26 %

5.29 %

5.32 %

5.31 %

5.29 %

5.26 %

5.25 %

Cost of interest bearing liabilities

2.34 %

2.31 %

2.34 %

2.33 %

2.31 %

2.30 %

Net interest margin

3.43 %

3.48 %

3.51 %

3.48 %

3.45 %

3.43 %

Tax equivalent effect

0.01 %

0.02 %

0.01 %

Net interest margin, tax equivalent

3.44 %

3.49 %

3.52 %

3.50 %

3.49 %

3.46 %

3.44 %

Non interest income/Average assets

1.24 %

1.21 %

0.96 %

1.12 %

1.35 %

1.23 %

1.25 %

Non interest expense/Average assets

3.03 %

3.06 %

2.90 %

3.04 %

3.17 %

3.04 %

3.31 %

Net noninterest expense/Average assets

-1.78 %

-1.85 %

-1.94 %

-1.92 %

-1.82 %

-2.06 %

ASSET QUALITY RATIOS:

Gross charge-offs

196

133

229

135

Recoveries

Net charge-offs

193

130

219

130

Nonperforming loans/Total loans

0.29 %

0.31 %

0.39 %

0.42 %

0.54 %

0.29 %

0.54 %

Nonperforming assets/Loans & OREO

0.37 %

0.40 %

0.44 %

0.56 %

0.37 %

0.56 %

Nonperforming assets/Total assets

0.27 %

0.29 %

0.30 %

0.32 %

0.41 %

0.27 %

0.41 %

Allowance for credit loss/Nonperforming loans

470.31 %

443.04 %

351.91 %

345.39 %

266.43 %

470.31 %

266.43 %

Allowance for credit loss/Total loans

1.38 %

1.39 %

1.36 %

1.44 %

1.43 %

1.38 %

1.43 %

Net loan charge-offs/Average loans (ann.)

0.06 %

0.01 %

0.04 %

0.00 %

0.02 %

0.04 %

0.02 %

CAPITAL & LIQUIDITY RATIOS:

Loans/ Deposits

85.51 %

86.10 %

90.31 %

87.96 %

87.59 %

85.51 %

87.59 %

Equity/ Assets

9.06 %

8.95 %

9.14 %

9.15 %

8.99 %

9.06 %

8.99 %

Tangible equity/Tangible assets

7.41 %

7.28 %

7.40 %

7.35 %

7.17 %

7.41 %

7.17 %

Common equity tier 1 ratio (Bank)

12.37 %

12.11 %

11.78 %

12.48 %

12.53 %

12.37 %

12.53 %

END OF PERIOD BALANCES

Total assets

1,620,064

1,604,598

1,545,367

1,496,263

1,486,301

1,620,064

1,486,301

Total loans

1,189,559

1,181,135

1,180,591

1,110,545

1,094,719

1,189,559

1,094,719

Deposits

1,391,147

1,371,823

1,307,244

1,262,522

1,249,822

1,391,147

1,249,822

Shareholders equity

146,740

143,655

141,236

136,939

133,648

146,740

133,648

Goodwill and intangibles

28,870

28,929

28,989

29,048

29,107

28,870

29,107

Tangible equity

117,870

114,726

112,247

107,891

104,541

117,870

104,541

Mortgage servicing portfolio

1,504,657

1,482,052

1,479,982

1,470,360

1,456,374

1,504,657

1,456,374

Wealth/Brokerage assets under care

585,919

556,930

566,004

563,036

536,836

585,919

536,836

Total assets under care

3,710,640

3,643,580

3,591,353

3,529,659

3,479,511

3,710,640

3,479,511

Full-time equivalent employees

258

252

253

256

258

256

Period end common shares outstanding

6,191

6,219

6,236

6,268

6,359

6,191

6,359

Market capitalization (all)

156,436

130,597

138,883

120,907

121,453

156,436

121,453

AVERAGE BALANCES

Total assets

1,608,355

1,579,781

1,536,215

1,502,389

1,498,756

1,594,416

1,479,613

Total earning assets

1,512,017

1,479,667

1,436,207

1,404,330

1,399,485

1,498,829

1,377,780

Total loans

1,193,207

1,186,225

1,158,567

1,104,175

1,094,199

1,184,307

1,085,313

Deposits

1,381,439

1,347,351

1,299,512

1,270,783

1,270,798

1,364,852

1,249,885

Shareholders equity

145,034

144,659

140,315

132,866

132,353

144,816

131,849

Goodwill and intangibles

28,899

28,959

29,027

29,077

29,116

28,929

27,742

Tangible equity

116,135

115,700

111,288

103,789

103,237

115,887

104,107

Average basic shares outstanding

6,205

6,230

6,252

6,297

6,448

6,218

6,464

Average diluted shares outstanding

6,220

6,243

6,266

6,311

6,459

6,233

6,483

SB FINANCIAL GROUP,

INC.

Rate Volume Analysis

- (Unaudited)

For the Three & Six

Months Ended Jun. 30, 2026 and 2025

Three Months Ended Jun. 30, 2026

Three Months Ended Jun. 30, 2025

Average

($ in thousands)

Balance

Interest

Rate

Balance

Interest

Rate

Assets

Taxable securities

$ 182,269

$ 1,006

2.21 %

$ 198,558

$ 1,133

2.29 %

Overnight Cash

131,774

1,182

3.60 %

101,964

1,124

4.42 %

Nontaxable securities

4,767

3.03 %

4,764

2.95 %

Loans, net

1,193,207

17,596

5.91 %

1,094,199

16,176

5.93 %

Total earning assets

1,512,017

19,820

5.26 %

1,399,485

18,468

5.29 %

Cash on hand

5,464

4,951

Allowance for loan losses

(16,460 )

(15,483 )

Premises and equipment

21,245

21,719

Other assets

86,089

88,084

Total assets

$ 1,608,355

$ 1,498,756

Liabilities

Savings, MMDA and interest bearing demand

$ 836,830

$ 3,949

1.89 %

$ 740,677

$ 3,223

1.75 %

Time deposits

279,469

2,288

3.28 %

276,376

2,374

3.45 %

Repurchase agreements & other

7,357

0.38 %

10,518

0.80 %

Advances from Federal Home Loan Bank

22,995

234

4.08 %

35,000

366

4.19 %

Trust preferred securities

10,310

145

5.64 %

10,310

161

6.26 %

Subordinated debt

19,755

243

4.93 %

19,707

194

3.95 %

Total interest bearing liabilities

1,176,716

6,866

2.34 %

1,092,588

6,339

2.33 %

Non interest bearing demand

265,140

253,745

Total funding

1,441,856

1.91 %

1,346,333

1.89 %

Other liabilities

21,465

20,070

Total liabilities

1,463,321

1,366,403

Equity

145,034

132,353

Total liabilities and equity

$ 1,608,355

$ 1,498,756

Net interest income

$ 12,954

$ 12,129

Net interest income as a percent of average interest-earning assets - GAAP measure

3.44 %

3.48 %

Net interest income as a percent of average

interest-earning assets - non GAAP - Computed on a fully tax equivalent (FTE) basis

3.44 %

3.49 %

Six Months Ended Jun. 30, 2026

Six Months Ended Jun. 30, 2025

Average

Balance

Interest

Rate

Balance

Interest

Rate

Assets

Taxable securities

$ 185,421

$ 2,035

2.21 %

$ 200,968

$ 2,302

2.31 %

Overnight Cash

124,334

2,079

3.37 %

86,379

1,930

4.51 %

Nontaxable securities

4,767

3.05 %

5,120

2.88 %

Loans, net

1,184,307

34,941

5.95 %

1,085,313

31,535

5.86 %

Total earning assets

1,498,829

39,127

5.26 %

1,377,780

35,840

5.25 %

Cash on hand

5,436

4,796

Allowance for loan losses

(16,339 )

(15,361 )

Premises and equipment

21,369

21,403

Other assets

85,121

90,995

Total assets

$ 1,594,416

$ 1,479,613

Liabilities

Savings, MMDA and interest bearing demand

$ 825,713

$ 7,646

1.87 %

$ 725,729

$ 6,182

1.72 %

Time deposits

276,666

4,548

3.31 %

276,315

4,767

3.48 %

Repurchase agreements & Other

8,673

0.49 %

11,805

0.77 %

Advances from Federal Home Loan Bank

25,566

519

4.09 %

35,022

728

4.19 %

Trust preferred securities

19,749

289

2.95 %

19,701

321

3.29 %

Subordinated debt

19,713

438

4.48 %

19,665

389

3.99 %

Total interest bearing liabilities

1,176,080

13,461

2.31 %

1,088,237

12,432

2.30 %

Non interest bearing demand

262,473

1.89 %

247,841

1.88 %

Total funding

1,438,553

1,336,078

Other liabilities

11,047

11,686

Total liabilities

1,449,600

1,347,764

Equity

144,816

131,849

Total liabilities and equity

$ 1,594,416

$ 1,479,613

Net interest income

$ 25,666

$ 23,408

Net interest income as a percent of average interest-earning assets - GAAP measure

3.45 %

3.43 %

Net interest income as a percent of average

interest-earning assets - non GAAP - Computed on a fully tax equivalent (FTE) basis

3.46 %

3.44 %

Non-GAAP reconciliation

Three Months Ended

Six Months Ended

($ in thousands, except per share

& ratios)

Jun. 30, 2026

Jun. 30, 2025

Jun. 30, 2026

Jun. 30, 2025

Total Operating Revenue

$ 17,941

$ 17,176

$ 35,365

$ 32,562

Adjustment to (deduct)/add OMSR recapture/impairment

(159 )

(398 )

(170 )

Adjusted Total Operating Revenue

17,995

17,017

34,967

32,392

Total Operating Expense

12,137

11,852

24,066

24,262

Adjustment for merger expenses

(726 )

Adjusted Total Operating Expense

12,137

11,852

24,066

23,536

Income before Income Taxes

5,505

4,727

10,786

7,316

Adjustment for OMSR*/Merger Expenses

(159 )

(398 )

556

Adjusted Income before Income Taxes

5,559

4,568

10,388

7,872

Provision for Income Taxes

1,008

875

1,993

1,306

Adjustment for OMSR/Merger Expenses **

(33 )

(84 )

117

Adjusted Provision for Income Taxes

1,019

842

1,909

1,423

Net Income

4,497

3,852

8,793

6,010

Adjustment for OMSR*/Merger Expenses

(126 )

(314 )

439

Adjusted Net Income

4,540

3,726

8,479

6,449

Diluted Earnings per Share

0.72

0.60

1.41

0.93

Adjustment for OMSR*/Merger Expenses

0.01

(0.02 )

(0.05 )

0.07

Adjusted Diluted Earnings per Share

$ 0.73

$ 0.58

$ 1.36

$ 0.99

Return on Average Assets

1.12 %

1.03 %

1.11 %

0.82 %

Adjustment for OMSR*/Merger Expenses

0.01 %

-0.03 %

-0.04 %

0.03 %

Adjusted Return on Average Assets

1.13 %

1.00 %

1.07 %

0.85 %

* valuation adjustment to the Company's mortgage servicing rights

** tax effect is calculated using a 21% statutory federal corporate

income tax rate

GRAPHIC

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v3.26.1

Cover

Jul. 23, 2026

Cover [Abstract]

Document Type

8-K

Amendment Flag

false

Document Period End Date

Jul. 23, 2026

Entity File Number

001-36785

Entity Registrant Name

SB FINANCIAL GROUP, INC

Entity Central Index Key

0000767405

Entity Tax Identification Number

34-1395608

Entity Incorporation, State or Country Code

Entity Address, Address Line One

401 Clinton Street

Entity Address, City or Town

Defiance

Entity Address, State or Province

Entity Address, Postal Zip Code

43512

City Area Code

419

Local Phone Number

783-8950

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Common Shares, No Par Value 6,252,992 Outstanding at July 31, 2026

Trading Symbol

SBFG

Security Exchange Name

NASDAQ

Entity Emerging Growth Company

false

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration