Columbia Financial, Inc./MD/
For the period ended Jun 30, 2026. Filed Aug 7, 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.
Jun 30, 2026 · Filed Aug 7, 2026
CLBK$11.33-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
(In thousands, except per share data)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Interest income: · (Unaudited) | ||||
| Loans receivable | $103,340 | $99,646 | $205,492 | $194,756 |
| Debt securities available for sale and equity securities | 11,315 | 10,301 | 21,538 | 20,043 |
| Debt securities held to maturity | 2,851 | 2,922 | 5,607 | 5,733 |
| Federal funds and interest-earning deposits | 3,307 | 2,443 | 5,687 | 5,301 |
| Federal Home Loan Bank and Federal Reserve Bank stock dividends | 1,438 | 1,179 | 2,798 | 2,821 |
| Total interest income | 122,251 | 116,491 | 241,122 | 228,654 |
| Interest expense: | ||||
| Deposits | 46,135 | 49,344 | 92,446 | 99,489 |
| Borrowings | 13,198 | 13,444 | 25,367 | 25,137 |
| Total interest expense | 59,333 | 62,788 | 117,813 | 124,626 |
| Net interest income | 62,918 | 53,703 | 123,309 | 104,028 |
| Provision for credit losses | 4,312 | 2,468 | 5,268 | 5,401 |
| Net interest income after provision for credit losses | 58,606 | 51,235 | 118,041 | 98,627 |
| Non-interest income: | ||||
| Demand deposit account fees | 2,091 | 2,015 | 4,137 | 3,903 |
| Bank-owned life insurance | 2,741 | 1,990 | 4,914 | 3,849 |
| Title insurance fees | 829 | 861 | 1,487 | 1,507 |
| Loan fees and service charges | 1,791 | 1,744 | 2,985 | 2,800 |
| Gain on securities transactions | — | 336 | — | 336 |
| Change in fair value of equity securities | 182 | 272 | (982) | 580 |
| Gain (loss) on sale of loans | 755 | (15) | 775 | 500 |
| Gain on sale of other real estate owned | — | 281 | — | 281 |
| Other non-interest income | 2,441 | 2,689 | 4,261 | 4,888 |
| Total non-interest income | 10,830 | 10,173 | 17,577 | 18,644 |
| Non-interest expense: | ||||
| Compensation and employee benefits | 31,965 | 28,933 | 63,062 | 57,516 |
| Occupancy | 6,782 | 5,968 | 13,579 | 12,153 |
| Federal deposit insurance premiums | 1,827 | 1,739 | 3,412 | 3,619 |
| Advertising | 665 | 563 | 1,313 | 1,094 |
| Professional fees | 2,224 | 3,519 | 3,618 | 6,034 |
| Data processing and software expenses | 4,966 | 4,103 | 9,618 | 8,164 |
| Merger-related expenses | 819 | — | 2,642 | — |
| Other non-interest expense, net | 169 | 81 | (340) | 171 |
| Total non-interest expense | 49,417 | 44,906 | 96,904 | 88,751 |
| Income before income tax expense | 20,019 | 16,502 | 38,714 | 28,520 |
| Income tax expense | 5,533 | 4,197 | 11,129 | 7,315 |
| Net Income | $14,486 | $12,305 | $27,585 | $21,205 |
| Earnings per share-basic | $0.14 | $0.12 | $0.27 | $0.21 |
| Earnings per share-diluted | $0.14 | $0.12 | $0.27 | $0.21 |
| Weighted average shares outstanding-basic | 101,367,978 | 101,985,784 | 101,317,739 | 101,898,636 |
| Weighted average shares outstanding-diluted | 101,946,380 | 101,985,784 | 101,708,284 | 101,898,636 |
| See accompanying notes to unaudited consolidated financial statements. | ||||
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