BCBP 8-K

MICHAEL SHRINER,

PRESIDENT & CEO

JAWAD CHAUDHRY,

EVP, CFO & TREASURER

(201) 823-0700

Bcb Bancorp Inc (BCBP)

8-K 2026-01-30 For: 2026-01-30

View Original

Added on April 08, 2026


104-110 Avenue C
Bayonne, New Jersey		07002
(Address of Principal Executive Offices)		(Zip Code)


Exhibit Number		Description

99.1		Press Release, dated January 30, 2026

104		Cover Page Interactive Data File (embedded within the Inline XBRL document)


		BCB BANCORP, INC.

DATE: January 30, 2026	By:	/s/ Jawad Chaudhry
		Jawad Chaudhry
		Executive Vice President and Chief Financial Officer
		(Duly Authorized Representative)


	Statements of Operations -Three Months Ended,
	December 31, 2025			September 30, 2025		December 31, 2024			December 31, 2025 vs. September 30, 2025			December 31, 2025 vs. December 31, 2024
	(In thousands, except per share amounts, Unaudited)
Interest and dividend income:
Loans, including fees	$	38,344		$	38,278	$	41,431			0.2	%		-7.5	%
Mortgage-backed securities		772			843		473			-8.4	%		63.2	%
Other investment securities		914			1,114		978			-18.0	%		-6.5	%
FHLB stock and other interest-earning assets		2,514			2,807		3,771			-10.4	%		-33.3	%

Total interest and dividend income		42,544			43,042		46,653			-1.2	%		-8.8	%

Interest expense:
Deposits:
Demand		5,196			5,608		5,866			-7.3	%		-11.4	%
Savings and club		213			233		156			-8.6	%		36.5	%
Certificates of deposit		9,125			9,445		12,218			-3.4	%		-25.3	%

		14,534			15,286		18,240			-4.9	%		-20.3	%
Borrowings		3,787			4,045		6,219			-6.4	%		-39.1	%

Total interest expense		18,321			19,331		24,459			-5.2	%		-25.1	%

Net interest income		24,223			23,711		22,194			2.2	%		9.1	%
Provision for credit losses		12,195			4,080		4,154			198.9	%		193.6	%

Net interest income after provision for credit losses		12,028			19,631		18,040			-38.7	%		-33.3	%

Non-interest income income :
Fees and service charges		1,173			1,311		1,187			-10.5	%		-1.2	%
Gain (loss) on sales of loans		8			21		(554	)		0.0	%		-101.4	%
Realized and unrealized (loss) gain on equity investments		(427	)		350		(661	)		-222.0	%		-35.4	%
Bank-owned life insurance (“BOLI”) income		1,001			931		636			7.5	%		57.4	%
Other		188			132		330			42.4	%		-43.0	%

Total non-interest income		1,943			2,745		938			-29.2	%		107.1	%

Non-interest expense:
Salaries and employee benefits		7,960			8,324		7,117			-4.4	%		11.8	%
Occupancy and equipment		2,617			2,562		2,483			2.1	%		5.4	%
Data processing and communications		1,982			2,047		1,754			-3.2	%		13.0	%
Professional fees		834			800		599			4.3	%		39.2	%
Director fees		315			305		269			3.3	%		17.1	%
Regulatory assessment fees		790			984		769			-19.7	%		2.7	%
Advertising and promotions		446			284		212			57.0	%		110.4	%
Other real estate owned, net		15,077			—		—			0.0	%		#DIV/0!
Other		1,364			1,264		1,164			7.9	%		17.2	%

Total non-interest expense		31,385			16,570		14,367			89.4	%		118.5	%

(Loss) Income before income tax (benefit) provision		(17,414	)		5,806		4,611			-399.9	%		-477.7	%
Income tax (benefit) provision		(5,385	)		1,544		1,339			-448.8	%		-502.2	%

Net (Loss) Income		(12,029	)		4,262		3,272			-382.2	%		-467.6	%
Preferred stock dividends		482			482		475			0.0	%		1.6	%

Net (Loss) Income available to common stockholders	$	(12,511	)	$	3,780	$	2,797			-431.0	%		-547.3	%

Net (Loss) Income per common share-basic and diluted
Basic	$	(0.73	)	$	0.22	$	0.16			-430.2	%		-542.3	%

Diluted	$	(0.73	)	$	0.22	$	0.16			-430.2	%		-543.6	%

Weighted average number of common shares outstanding
Basic		17,249			17,207		17,056			0.2	%		1.1	%

Diluted		17,249			17,207		17,108			0.2	%		0.8	%


	Statements of Operations -Twelve Months Ended,
	December 31, 2025			December 31, 2024			December 31, 2025 vs. December 31, 2024
	(In thousands, except per share amounts, Unaudited)
Interest and dividend income:
Loans, including fees	$	154,199		$	172,046			-10.4	%
Mortgage-backed securities		2,941			1,378			113.4	%
Other investment securities		4,053			3,953			2.5	%
FHLB stock and other interest-earning assets		11,766			16,632			-29.3	%

Total interest and dividend income		172,959			194,009			-10.9	%

Interest expense:
Deposits:
Demand		21,806			22,158			-1.6	%
Savings and club		814			620			31.3	%
Certificates of deposit		38,502			55,442			-30.6	%

		61,122			78,220			-21.9	%
Borrowings		18,796			23,768			-20.9	%

Total interest expense		79,918			101,988			-21.6	%

Net interest income		93,041			92,021			1.1	%
Provision for credit losses		42,011			11,570			263.1	%

Net interest income after provision for credit losses		51,030			80,451			-36.6	%

Non-interest income :
Fees and service charges		4,962			4,717			5.2	%
Gain (loss) on sales of loans		29			(5,325	)		-100.5	%
Realized and unrealized gain (loss) on equity investments		(300	)		379			-179.2	%
Bank-owned life insurance (“BOLI”) income		3,326			2,634			26.3	%
Other		538			535			0.6	%

Total non-interest income		8,555			2,940			191.0	%

Non-interest expense:
Salaries and employee benefits		31,400			28,229			11.2	%
Occupancy and equipment		10,404			10,247			1.5	%
Data processing and communications		7,919			6,960			13.8	%
Professional fees		3,093			2,416			28.0	%
Director fees		1,351			1,151			17.4	%
Regulatory assessments		3,287			3,530			-6.9	%
Advertising and promotions		1,125			863			30.4	%
Other real estate owned, net		15,077			—			0.0	%
Other		4,227			3,725			13.5	%

Total non-interest expense		77,883			57,121			36.3	%

(Loss) Income before income tax (benefit) provision		(18,298	)		26,270			-169.7	%
Income tax (benefit) provision		(5,771	)		7,647			-175.5	%

Net (Loss) Income		(12,527	)		18,623			-167.3	%
Preferred stock dividends		1,929			1,832			5.3	%

Net (Loss) Income available to common stockholders	$	(14,456	)	$	16,791			-186.1	%

Net (Loss) Income per common share-basic and diluted
Basic	$	(0.84	)	$	0.99			-185.2	%

Diluted	$	(0.84	)	$	0.99			-185.2	%

Weighted average number of common shares outstanding
Basic		17,186			17,007			1.1	%

Diluted		17,186			17,018			1.0	%


Statements of Financial Condition	December 31, 2025			September 30, 2025			December 31,2024			December 31, 2025 vs. September 30, 2025			December 31, 2025 vs. December 31, 2024
	(In Thousands, Unaudited)
ASSETS
Cash and amounts due from depository institutions	$	13,794		$	13,090 $			14,075			5.4	%		-2.0	%
Interest-earning deposits		262,790			236,524			303,207			11.1	%		-13.3	%

Total cash and cash equivalents		276,584			249,614			317,282			10.8	%		-12.8	%

Interest-earning time deposits		735			735			735			—			—
Debt securities available for sale		126,395			115,693			101,717			9.3	%		24.3	%
Equity investments		9,172			9,599			9,472			-4.4	%		-3.2	%
Loans receivable, net of allowance for credit losses on loans of $33,691, $37,803 and $34,789, respectively		2,691,091			2,788,932			2,996,259			-3.5	%		-10.2	%
Federal Home Loan Bank of New York (“FHLB”) stock, at cost		14,176			16,281			24,272			-12.9	%		-41.6	%
Premises and equipment, net		12,056			12,139			12,569			-0.7	%		-4.1	%
Accrued interest receivable		13,834			15,800			15,176			-12.4	%		-8.8	%
Other real estate owned		5,000			20,077			—			—			—
Deferred income taxes		22,209			21,544			17,181			3.1	%		29.3	%
Goodwill		5,253			5,253			5,253			0.0	%		0.0	%
Operating lease right-of-use asset		10,660			11,257			12,686			-5.3	%		-16.0	%
Bank-owned life insurance (“BOLI”)		79,366			78,365			76,040			1.3	%		4.4	%
Other assets		12,935			7,776			10,476			66.3	%		23.5	%

Total Assets	$	3,279,466		$	3,353,065		$	3,599,118			-2.2	%		-8.9	%

LIABILITIES AND STOCKHOLDERS’ EQUITY
LIABILITIES
Non-interest bearing deposits	$	531,140		$	536,908		$	520,387			-1.1	%		2.1	%
Interest bearing deposits		2,142,433			2,150,479			2,230,471			-0.4	%		-3.9	%

Total deposits		2,673,573			2,687,387			2,750,858			-0.5	%		-2.8	%
FHLB advances		235,000			280,774			455,361			-16.3	%		-48.4	%
Subordinated debentures		43,210			43,148			42,961			0.1	%		0.6	%
Operating lease liability		11,140			11,737			13,139			-5.1	%		-15.2	%
Other liabilities		12,259			11,566			12,874			6.0	%		-4.8	%

Total Liabilities		2,975,182			3,034,612			3,275,193			-2.0	%		-9.2	%

STOCKHOLDERS’ EQUITY
Preferred stock: $0.01 par value, 10,000 shares authorized		—			—			—			—			—
Additional paid-in capital preferred stock		25,243			25,243			24,723			0.0	%		2.1	%
Common stock: no par value, 40,000 shares authorized		—			—			—			—			—
Additional paid-in capital common stock		203,429			202,843			200,935			0.3	%		1.2	%
Retained earnings		116,415			131,670			141,853			-11.6	%		-17.9	%
Accumulated other comprehensive loss		(2,456	)		(2,956	)		(5,239	)		-16.9	%		-53.1	%
Treasury stock, at cost		(38,347	)		(38,347	)		(38,347	)		0.0	%		0.0	%

Total Stockholders’ Equity		304,284			318,453			323,925			-4.4	%		-6.1	%

Total Liabilities and Stockholders’ Equity	$	3,279,466		$	3,353,065		$	3,599,118			-2.2	%		-8.9	%

Outstanding common shares		17,274			17,228			17,063


	Three Months Ended December 31,
	2025							2024
	Average Balance		Interest Earned/Paid		Average Yield/Rate (3)			Average Balance		Interest Earned/Paid		Average Yield/Rate (3)
	(Dollars in thousands)
Interest-earning assets:
Loans Receivable ⁽⁴⁾⁽⁵⁾	$	2,786,127	$	38,344		5.46	%	$	3,081,846	$	41,431		5.38	%
Investment Securities		129,003		1,686		5.23	%		110,447		1,451		5.26	%
Other Interest-earning assets ⁽⁶⁾		256,717		2,514		3.89	%		309,804		3,771		4.87	%

Total Interest-earning assets		3,171,847		42,544		5.32	%		3,502,097		46,653		5.33	%

Non-interest-earning assets		142,769							124,554

Total assets	$	3,314,616						$	3,626,651

Interest-bearing liabilities:
Interest-bearing demand accounts	$	494,924	$	1,947		1.56	%	$	551,971	$	2,682		1.94	%
Money market accounts		418,341		3,249		3.08	%		380,136		3,184		3.35	%
Savings accounts		251,139		213		0.34	%		254,093		156		0.25	%
Certificates of Deposit		979,743		9,125		3.70	%		1,048,341		12,218		4.66	%

Total interest-bearing deposits		2,144,147		14,534		2.69	%		2,234,541		18,240		3.27	%
Borrowed funds		291,161		3,787		5.16	%		508,113		6,219		4.90	%

Total interest-bearing liabilities		2,435,308		18,321		2.98	%		2,742,654		24,459		3.57	%

Non-interest-bearing liabilities		560,936							560,345

Total liabilities		2,996,244							3,302,999
Stockholders’ equity		318,372							323,652

Total liabilities and stockholders’ equity	$	3,314,616						$	3,626,651

Net interest income			$	24,223						$	22,194

Net interest rate spread⁽¹⁾						2.34	%						1.76	%

Net interest margin⁽²⁾						3.03	%						2.53	%


	Year Ended December 31,
	2025							2024
	Average Balance		Interest Earned/Paid		Average Yield/Rate ⁽³⁾			Average Balance		Interest Earned/Paid		Average Yield/Rate ⁽³⁾
	(Dollars in thousands)
Interest-earning assets:
Loans Receivable ⁽⁴⁾⁽⁵⁾	$	2,897,957	$	154,199		5.32	%	$	3,196,538	$	172,046		5.38	%
Investment Securities		128,680		6,994		5.44	%		99,733		5,331		5.35	%
Other interest-earning assets ⁽⁶⁾		269,403		11,766		4.37	%		308,248		16,632		5.40	%

Total Interest-earning assets		3,296,040		172,959		5.25	%		3,604,519		194,009		5.38	%

Non-interest-earning assets		124,310							124,441

Total assets	$	3,420,350						$	3,728,960

Interest-bearing liabilities:
Interest-bearing demand accounts	$	522,139	$	8,602		1.65	%	$	553,013	$	9,701		1.75	%
Money market accounts		416,002		13,204		3.17	%		372,205		12,457		3.35	%
Savings accounts		255,062		814		0.32	%		264,430		620		0.23	%
Certificates of Deposit		971,213		38,502		3.96	%		1,153,235		55,442		4.81	%

Total interest-bearing deposits		2,164,416		61,122		2.82	%		2,342,883		78,220		3.34	%
Borrowed funds		382,390		18,796		4.92	%		511,916		23,768		4.64	%

Total interest-bearing liabilities		2,546,806		79,918		3.14	%		2,854,799		101,988		3.57	%

Non-interest-bearing liabilities		555,324							554,037

Total liabilities		3,102,130							3,408,836
Stockholders’ equity		318,220							320,124

Total liabilities and stockholders’ equity	$	3,420,350						$	3,728,960

Net interest income			$	93,041						$	92,021

Net interest rate spread⁽¹⁾						2.11	%						1.81	%

Net interest margin⁽²⁾						2.82	%						2.55	%


	Financial Condition data by quarter
	Q4 2025			Q3 2025			Q2 2025			Q1 2025			Q4 2024
	(In thousands, except book values)
Total assets	$	3,279,466		$	3,353,065		$	3,380,461		$	3,473,822		$	3,599,118
Cash and cash equivalents		276,584			249,614			206,852			252,750			317,282
Securities		135,567			125,292			140,025			125,853			111,189
Loans receivable, net		2,691,091			2,788,932			2,860,453			2,917,610			2,996,259
Deposits		2,673,573			2,687,387			2,661,534			2,686,508			2,750,858
Borrowings		278,210			323,922			378,722			448,523			498,322
Stockholders’ equity		304,284			318,453			315,735			314,722			323,925
Book value per common share¹	$	16.15		$	17.02		$	16.89		$	16.87		$	17.54
Tangible book value per common share²	$	15.85		$	16.71		$	16.59		$	16.56		$	17.23

	Operating data by quarter
	Q4 2025			Q3 2025			Q2 2025			Q1 2025			Q4 2024
	(In thousands, except for per share amounts)
Net interest income	$	24,223		$	23,711		$	23,102		$	22,005		$	22,194
Provision for credit losses		12,195			4,080			4,891			20,845			4,154
Non-interest income		1,943			2,745			2,076			1,791			938
Non-interest expense		31,385			16,570			15,268			14,660			14,367
Income tax expense (benefit)		(5,385	)		1,544			1,455			(3,385	)		1,339

Net income (loss)	$	(12,029	)	$	4,262		$	3,564		$	(8,324	)	$	3,272

Net income (loss) per diluted share	$	(0.73	)	$	0.22		$	0.18		$	(0.51	)	$	0.16

Common Dividends declared per share	$	0.08		$	0.16		$	0.16		$	0.16		$	0.16


	Financial Ratios(3)
	Q4 2025			Q3 2025			Q2 2025			Q1 2025			Q4 2024
Return on average assets		(1.44	%)		0.50	%		0.42	%		(0.95	%)		0.36	%
Return on average stockholders’ equity		(14.99	%)		5.35	%		4.55	%		(10.40	%)		4.04	%
Net interest margin		3.03	%		2.88	%		2.80	%		2.59	%		2.53	%
Stockholders’ equity to total assets		9.28	%		9.50	%		9.34	%		9.06	%		9.00	%
Efficiency Ratio⁴		119.95	%		62.63	%		60.64	%		61.61	%		62.11	%

	Asset Quality Ratios
	Q4 2025			Q3 2025			Q2 2025			Q1 2025			Q4 2024
	(In thousands, except for ratio %)
Non-Accrual Loans	$	63,255		$	93,517		$	101,764		$	99,833		$	44,708
Non-Accrual Loans as a % of Total Loans		2.32	%		3.31	%		3.50	%		3.36	%		1.48	%
ACL as % of Non-Accrual Loans		53.3	%		40.4	%		49.8	%		51.6	%		77.8	%
Individually Analyzed Loans		162,226			129,358			153,428			122,517			83,399
Classified Loans		188,876			228,255			266,847			251,989			152,714


	Recorded Investment in Loans Receivable by quarter
	Q4 2025			Q3 2025			Q2 2025			Q1 2025			Q4 2024
	(In thousands)
Residential one-to-four family	$	226,708		$	227,140		$	230,917		$	232,456		$	239,870
Commercial and multi-family		2,095,711			2,135,385			2,177,268			2,221,218			2,246,677
Construction		73,963			110,824			116,214			118,779			135,434
Commercial business		252,229			279,976			315,333			330,358			342,799
Home equity		74,332			73,566			71,587			66,479			66,769
Consumer		3,580			2,042			2,075			2,271			2,235

	$	2,726,523		$	2,828,933		$	2,913,394		$	2,971,561		$	3,033,784
Less:
Deferred loan fees, net		(1,741	)		(2,198	)		(2,283	)		(2,467	)		(2,736	)
Allowance for credit losses		(33,691	)		(37,803	)		(50,658	)		(51,484	)		(34,789	)

Total loans, net	$	2,691,091		$	2,788,932		$	2,860,453		$	2,917,610		$	2,996,259


	Non-Accruing Loans in Portfolio by quarter
	Q4 2025			Q3 2025			Q2 2025			Q1 2025			Q4 2024
	(In thousands)
Residential one-to-four family	$	1,554		$	1,410		$	1,436		$	1,138		$	1,387
Commercial and multi-family		52,159			70,546			91,480			89,296			32,974
Construction		4,897			2,310			586			586			586
Commercial business		4,351			18,777			7,769			8,374			9,530
Home equity		294			474			493			439			231
Consumer		—			—			—			—			—

Total:	$	63,255		$	93,517		$	101,764		$	99,833		$	44,708


	Distribution of Deposits by quarter
	Q4 2025			Q3 2025			Q2 2025			Q1 2025			Q4 2024
	(In thousands)
Demand:
Non-Interest Bearing	$	531,140		$	536,908		$	539,093		$	542,620		$	520,387
Interest Bearing		501,172			477,427			503,336			537,468			553,731
Money Market		426,138			422,424			428,397			405,793			395,004

Sub-total:	$	1,458,450		$	1,436,759		$	1,470,826		$	1,485,881		$	1,469,122
Savings and Club		243,670			254,554			258,585			254,732			252,491
Certificates of Deposit		971,453			996,074			932,123			945,895			1,029,245

Total Deposits:	$	2,673,573		$	2,687,387		$	2,661,534		$	2,686,508		$	2,750,858


	Reconciliation of GAAP to Non-GAAP Financial Measures by quarter
	Tangible Book Value per Share
	Q4 2025			Q3 2025			Q2 2025			Q1 2025			Q4 2024
	(In thousands, except per share amounts)
Total Stockholders’ Equity	$	304,284		$	318,453		$	315,735		$	314,722		$	323,925
Less: goodwill		5,253			5,253			5,253			5,253			5,253
Less: preferred stock		25,243			25,243			25,243			25,243			24,723

Total tangible common stockholders’ equity		273,788			287,957			285,239			284,226			293,949
Shares common shares outstanding		17,274			17,228			17,194			17,163			17,063
Book value per common share	$	16.15		$	17.02		$	16.89		$	16.87		$	17.54

Tangible book value per common share	$	15.85		$	16.71		$	16.59		$	16.56		$	17.23


	Efficiency Ratios
	Q4 2025			Q3 2025			Q2 2025			Q1 2025			Q4 2024
	(In thousands, except for ratio %)
Net interest income	$	24,223		$	23,711		$	23,102		$	22,005		$	22,194
Non-interest income		1,943			2,745			2,076			1,791			938

Total income		26,166			26,456			25,178			23,796			23,132
Non-interest expense		31,385			16,570			15,268			14,660			14,367

Efficiency Ratio		119.95	%		62.63	%		60.64	%		61.61	%		62.11	%