Financial Data and Key Metrics Changes - For Q3 2021, net income was $4.1 million, yielding a return on assets (ROA) of 1.23% and a pre-tax pre-provision ROA of 1.63% [6] - Net interest income increased by 8.3% year-over-year to $10 million, driven by PPP forgiveness, loan growth, and a 35% reduction in interest expense [6][14] - Total assets and total deposits expanded by nearly double-digit percentages year-to-date, with a decline in delinquencies to an all-time low [5][21] - Tangible book value rose to $17.55, an 11.6% increase year-over-year [7] Business Line Data and Key Metrics Changes - Mortgage origination volume decreased by 24% year-over-year to $153 million, with loan sale gains down by 51% [8] - Non-interest income fell to $6.6 million from $10.4 million in the prior year quarter, but was slightly up compared to the linked quarter [9] - Wealth management revenue increased by nearly 19% year-to-date, with assets under management up by $66 million or nearly 13% from the prior year [9] Market Data and Key Metrics Changes - Loan balances, excluding PPP effects, increased by $21 million or 10% annualized from the linked quarter [6] - Deposit levels continued to grow, with a quarter-over-quarter increase of $21 million and a year-over-year increase of $97 million [6][10] Company Strategy and Development Direction - The company focuses on five key strategic initiatives: diversifying net revenue, expanding scale organically and through M&A, enhancing product offerings, deploying technology for client care, and maintaining asset quality [8] - The company aims to capture market share in rural markets and expand into urban markets like Columbus and Indianapolis [11] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about loan growth, with a pipeline of $90 million to $100 million and expectations for continued client engagement and expansion [31][34] - The company anticipates a shift in mortgage production towards purchase and construction lending, which represented 61% of total activity in the quarter [12] - Management expects to see a decline in refinance volume from 45% to approximately 30% in 2022, impacting origination levels [29] Other Important Information - The company announced a dividend of $0.115 per share, equating to a payout ratio of roughly 21% and a dividend yield of approximately 2.4% [23] - The company repurchased 107,000 shares at an average price slightly above tangible book value, with 520,000 shares remaining in the buyback program [42] Q&A Session Summary Question: Outlook on mortgage production and gain-on-sale margins - Management expects to maintain mortgage production between $600 million to $650 million, with gain-on-sale margins settling in the mid-2% range [28][29] Question: Thoughts on expenses moving into 2022 - Elevated expenses are anticipated due to increased headcount and technology investments, but the company has shifted to a more variable cost structure [30] Question: Outlook on loan growth - Management is optimistic about loan growth, with a target of $75 million to $100 million and a robust pipeline [31][34] Question: Drivers on margin and future expectations - Funding costs are expected to remain stable, while asset yields may improve by 5 to 10 basis points over the next few quarters [36][37] Question: Update on PPP revenues - The company expects to realize the remaining PPP fees by the end of the year, with minimal loans left [38] Question: Thoughts on balance sheet and deposits - The company is seeing increased client interest in leveraging liquidity, leading to a positive outlook for future loan production [40] Question: Share repurchase program and future strategy - The company plans to continue its buyback program aggressively, viewing it as a strong use of capital given current earnings [41][42] Question: M&A activity and market opportunities - Management is engaged in discussions for potential M&A opportunities but remains disciplined in their approach [45][46]

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regu ...

SB Financial Group, Inc. (NASDAQ:SBFG) Q2 2021 Earnings Conference Call July 27, 2021 11:00 AM ET Company Participants Sarah Mekus - Investor Relations Mark Klein - Chairman, President and Chief Executive Officer Tony Cosentino - Chief Financial Officer Jon Gathman - Senior Lending Officer Conference Call Participants Selena Xia - Janney Montgomery Scott Operator Good morning and welcome to the SB Financial Second Quarter 2021 Conference Call and Webcast. I would like to inform you that this conference call ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________to___________________________ Commission file number 1-36785 SB FINANCIAL GROUP, INC. (Exact name of registrant as specified in its charter) Ohio 34-139 ...

SB Financial Group, Inc. (NASDAQ:SBFG) Q1 2021 Earnings Conference Call May 3, 2021 11:00 AM ET Company Participants Sarah Mykus - Investor Relations Mark Klein - Chairman, President & Chief Executive Officer Tony Cosentino - Executive Vice President & Chief Financial Officer Jon Gathman - Executive Vice President & Senior Lending Officer Conference Call Participants Brian Martin - Janney Montgomery Operator Good day, and welcome to the SB Financial Group First Quarter 2021 Conference Call. All participants ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ____________ Commission File Number 001-36785 SB FINANCIAL GROUP, INC. (Exact name of Registrant as specified in its charter) | Ohio | 34-1395608 | ...

SB Financial Group, Inc. (NASDAQ:SBFG) Q4 2020 Earnings Conference Call January 29, 2021 11:00 AM ET Company Participants Sarah Mykus - Investor Relations Mark Klein - Chairman, President & Chief Executive Officer Tony Cosentino - Chief Financial Officer Jon Gathman - Senior Lending Officer Conference Call Participants Brian Martin - Janney Montgomery Operator Good day, and welcome to the SB Financial Group Fourth Quarter 2020 Conference Call. All participants will be in a listen-only mode. [Operator Instru ...

SB Financial Group, Inc. (NASDAQ:SBFG) Q3 2020 Earnings Conference Call October 30, 2020 11:00 AM ET Company Participants Sarah Mykus - IR Mark Klein - Chairman, President and CEO Anthony Cosentino - CFO Jonathan Gathman - Senior Lending Officer Conference Call Participants Brian Martin - Jannie Montgomery Operator Good morning everyone and welcome to the SB Financial Third Quarter 2020 Conference Call and Webcast. I would like to inform you that this conference call is being recorded, and that all particip ...

SB Financial Group, Inc. (NASDAQ:SBFG) Q2 2020 Results Earnings Conference Call July 28, 2020 11:00 AM ET Company Participants Mark Klein - Chairman, President and CEO Tony Cosentino - Chief Financial Officer Ernesto Gaytan - Chief Technology Innovation and Operations Officer Jon Gathman - Senior Lending Officer Conference Call Participants Brian Joseph Martin - Janney Montgomery Operator Good morning, and welcome to the SB Financial Group's second quarter 2020 conference call and webcast. I would like to i ...

SB Financial Group, Inc. (NASDAQ:SBFG) Q1 2020 Earnings Conference Call April 24, 2020 11:00 AM ET Company Participants Carol Robbins - SVP & Controller Mark Klein - Chairman, President & CEO Tony Cosentino - EVP & CFO Jon Gathman - EVP, Senior Lending Officer Conference Call Participants Brian Martin - Janney Montgomery Toni Molinari - Cutler Capital Management Operator Good morning and welcome to the SB Financial Group First Quarter 2020 Conference Call. All participants will be in listen-only mode. [Oper ...