BCB BANCORP INC
For the period ended Sep 30, 2026. Filed Nov 6, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 6, 2026
BCBP$9.170.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations for the three and nine months ended September 30, 2026 and 2025
Consolidated Statements of Operations
(In thousands, Except for Per Share Amounts, Unaudited)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Interest and dividend income: | ||||
| Loans, including fees | $34,213 | $38,278 | $105,947 | $115,855 |
| Mortgage-backed securities | 948 | 843 | 2,747 | 2,169 |
| Other investment securities | 1,128 | 1,114 | 3,231 | 3,139 |
| FHLB stock and other interest earning assets | 2,086 | 2,807 | 7,313 | 9,252 |
| Total interest income | 38,375 | 43,042 | 119,238 | 130,415 |
| Interest expense: | ||||
| Deposits: | ||||
| Demand and savings | 5,742 | 5,841 | 16,573 | 17,211 |
| Certificates of deposit | 7,864 | 9,445 | 24,722 | 29,377 |
| 13,606 | 15,286 | 41,295 | 46,588 | |
| Borrowings | 2,170 | 4,045 | 9,162 | 15,009 |
| Total interest expense | 15,776 | 19,331 | 50,457 | 61,597 |
| Net interest income | 22,599 | 23,711 | 68,781 | 68,818 |
| Provision for credit losses on loans | 114,961 | 4,080 | 136,736 | 29,816 |
| Net interest (loss) income after provision for credit losses on loans | (92,362) | 19,631 | (67,955) | 39,002 |
| Non-interest (loss) income: | ||||
| Fees and service charges | 1,006 | 1,311 | 3,510 | 3,789 |
| BOLI income | 874 | 931 | 2,737 | 2,325 |
| Gain (Loss) on sales of loans | - | 21 | (2,600) | 21 |
| Gain on sale of other real estate owned | 3,283 | - | 3,283 | - |
| Realized and unrealized losses on equity investments | (77) | 350 | (418) | 127 |
| Other | 86 | 132 | 291 | 350 |
| Total non-interest (loss) income | 5,172 | 2,745 | 6,803 | 6,612 |
| Non-interest expense: | ||||
| Salaries and employee benefits | 9,937 | 8,324 | 27,659 | 23,440 |
| Occupancy and equipment | 2,675 | 2,562 | 7,961 | 7,787 |
| Data processing and communications | 2,031 | 2,047 | 6,022 | 5,937 |
| Professional fees | 2,873 | 800 | 4,062 | 2,259 |
| Director fees | 244 | 305 | 734 | 1,036 |
| Regulatory assessments | 805 | 984 | 2,220 | 2,497 |
| Advertising and promotional | 407 | 284 | 1,096 | 679 |
| Other real estate owned, net | 174 | - | 454 | - |
| Impairment of goodwill | - | - | 5,253 | - |
| Other | 2,653 | 1,264 | 4,021 | 2,863 |
| Total non-interest expense | 21,799 | 16,570 | 59,482 | 46,498 |
| (Loss) Income before income tax provision | (108,989) | 5,806 | (120,634) | (884) |
| Income tax provision (benefit) | 23,464 | 1,544 | 21,691 | (386) |
| Net (Loss) Income | $(132,453) | $4,262 | $(142,325) | $(498) |
| Preferred stock dividends | - | 482 | 482 | 1,446 |
| Net (Loss) Income available to common stockholders | $(132,453) | $3,780 | $(142,807) | $(1,944) |
| Net (Loss) Income per common share-basic and diluted | ||||
| Basic | $(6.92) | $0.22 | $(7.98) | $(0.11) |
| Diluted | $(6.92) | $0.22 | $(7.98) | $(0.11) |
| Weighted average number of common shares outstanding | ||||
| Basic | 19,137 | 17,207 | 17,894 | 17,165 |
| Diluted | 19,137 | 17,207 | 17,894 | 17,165 |
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