Enterprise Bancorp Inc 2024年度报告

☒ANNUAL REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year endedDecember31, 2024 OR☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period fromto Commission file number001-33912Enterprise Bancorp,Inc.(Exact name of registrant as specified in its charter) NONE Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule405 of the Securities Act.oYesýNo Indicate by check mark if the registrant is not required to file pursuant to Section13 or Section15(d)of the Act.oYesýNo Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the Securities Exchange Act of 1934 during thepreceding 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 90days.ýYesoNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T(§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).ýYesoNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerginggrowth company.See definition of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and "emerging growth company" in Rule12b-2 of theExchange Act (Check one): Large accelerated filer☐Accelerated filerxNon-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If 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 revisedfinancial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control overfinancial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☒ If the securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflectthe correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recover analysis of incentive-based compensation received by any of theregistrant’s executive officers during the relevant recover period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act)☐YesýNo State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equitywas last sold, or the average bid price and asked price of such common equity, as of the last business day of the registrant’s most recently completed second fiscalquarter: $244,831,574($24.88 per share) as of June30, 2024, the last trading day of the registrant’s most recently completed second quarter. Indicate the number of shares outstanding of each of the registrant's classes of common stock, as of the latest practicable date: February28, 2025, Common Stock, parvalue $0.01,12,458,981shares outstanding. Table of Contents ENTERPRISE BANCORP,INC.TABLE OF CONTENTS PARTI Item 1BusinessItem 1ARisk FactorsItem 1BUnresolved Staff CommentsItem 1CCybersecurityItem 2PropertiesItem 3Legal ProceedingsItem 4Mine Safety Disclosures PARTII Item 5Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of EquitySecuritiesItem 6[Reserved]Item 7Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 7AQuantitative and Qualitative Disclosures About Market RiskItem 8Financial Statements and Supplementary DataReports of Independent Registered Public Accounting Firm(PCAOB ID:49)Item 9Changes in and Disagreements with Accountants on Accounting and Financial DisclosureItem 9AControls and ProceduresItem 9BOther InformationItem 9CDisclosure Regarding Foreign Jurisdictions that Prevent Inspections PartIIIDirectors, Executive Officers and Corporate Governance Item 10Item 11Executive CompensationItem 12Security Ownership of Certain Beneficial Owners and Management and Related Shareholder MattersItem 13Certain Relationships and Related Transactions, and Director IndependenceItem 14Principal Accounting Fees and Services PartIV Item 15Exhibits, Financial Statement SchedulesItem 16Form 10-K Summary 121125 Signatures Page ACRONYMS AND ABBREVIATIONS PARTI Organization Enterprise Bancorp,Inc. (the "Co