Bogota Financial Corp.: directors' dealings · United States · SEC (Form 4)

About Bogota Financial Corp.

Bogota Financial Corp. (NASDAQ: BSBK) is the publicly traded bank holding company for Bogota Savings Bank, a U.S. community banking franchise focused on New Jersey in the United States. For French-speaking investors, this is best viewed as a small-cap regional financial name whose investment case is driven by a straightforward balance sheet model, interest-rate sensitivity, credit quality, and deposit franchise stability. The parent company was formed in September 2019 in connection with the mutual holding company reorganization of Bogota Savings Bank and completed its stock offering in January 2020. The underlying bank itself was founded in 1893, giving the franchise a long operating history in its local market. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1787414/000143774926010056/bsbk20251231_10k.htm)) Bogota Financial’s business is essentially the ownership of Bogota Savings Bank, so the group’s economics are largely those of the bank. Bogota Savings Bank gathers deposits from the general public and municipalities and uses those funds, together with Federal Home Loan Bank advances and internally generated cash, to originate one- to four-family residential mortgages, commercial real estate loans, multifamily loans, and, to a lesser extent, consumer loans, commercial and industrial loans, and construction loans. The bank operates seven branches in New Jersey, including Bogota, Hasbrouck Heights, Newark, Oak Ridge, Parsippany, Teaneck, and Upper Saddle River, plus a loan production office in Spring Lake. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1787414/000143774926010056/bsbk20251231_10k.htm)) From a competitive standpoint, Bogota Financial sits in the crowded U.S. community and regional banking space, where scale is limited but local execution matters. Its competitive edge comes from a concentrated New Jersey footprint, relationship-based banking, and a balance sheet centered on mortgage and commercial real estate lending. This is not a diversified national platform; rather, it is a niche local institution whose performance is closely tied to deposit retention, loan yield management, and credit discipline in its core geography. The company is regulated by the New Jersey Department of Banking and Insurance and the Federal Reserve, while the bank is also supervised by the FDIC. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1787414/000143774926010056/bsbk20251231_10k.htm)) The company’s key products and services are conventional community banking offerings: deposit gathering, residential mortgage lending, commercial real estate finance, multifamily lending, and selective consumer and commercial loans. Bogota Financial also has subsidiaries such as Bogota Securities Corp. for investment securities activities, while Bogota Properties, LLC was inactive at year-end 2025. The corporate headquarters is in Teaneck, New Jersey. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1787414/000143774926010056/bsbk20251231_10k.htm)) Recent developments are important for investors following Form 4 insider activity. According to the latest SEC annual report, Bogota Financial reported consolidated assets of $904.9 million, deposits of $652.4 million, and equity of $140.9 million at December 31, 2025. The filing also points to a profitability improvement versus 2024, indicating a meaningful turnaround in earnings momentum. In addition, recent Form 4 disclosures showed insider purchases by a director, which may be interpreted as a modest confidence signal, although investors should always view insider buying in the context of company size, liquidity, and overall trading history. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1787414/000143774926010056/bsbk20251231_10k.htm))