---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-113068"
form_type: "8-K"
ticker: "BCBP"
cik: "0001228454"
company_name: "BCB BANCORP INC"
filed_at: "2023-04-24T23:59:59+00:00"
generated_at: "2026-06-16T18:31:50.789837+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# BCB Bancorp Q1 net income falls to $8.1M; EPS $0.46 vs $0.56 YoY

## Summary
- Net income $8.1M, diluted EPS $0.46; adjusted EPS $0.60 excluding unrealized losses on equity investments.
- Net interest margin 3.15%, down from 3.46% a year ago; net interest income up 9.6% to $27.5M.
- Loans grew 6.1% QoQ to $3.232B; deposits up 2% to $2.867B.
- Provision for loan losses $622K vs credit of $2.6M in Q1 2022; CECL adoption reduced ACL by $4.2M Day One.
- Non-accrual loans 0.16% of gross loans; quarterly dividend declared $0.16 per share.

## SEC filing metadata
- accession: 0001193125-23-113068
- form_type: 8-K
- ticker: BCBP
- cik: 0001228454
- company_name: BCB BANCORP INC
- filed_at: 2023-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1228454/000119312523113068/0001193125-23-113068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1228454/000119312523113068/d497339d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-113068
- JSON: https://secwatch.observer/filing/0001193125-23-113068.json
- Plain text: https://secwatch.observer/filing/0001193125-23-113068.txt

## Key facts
- Earnings Releases
  BCB BANCORP INC reported quarter ended March 31, 2023 results: net income $8.1 million, EPS $0.46.
  - Period: quarter ended March 31, 2023
  - Net income: $8.1 million
  - EPS: $0.46
  - Result: reported results
  source text: BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank”), today reported net income of $8.1 million for the first quarter of 2023, compared to $12.1 million in the fourth quarter of 2022, and $10.0 million for the first quarter of 2022. Earnings per diluted share for the first quarter of 2023 were $0.46, compared to $0.69 in the preceding quarter and $0.56 in the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1228454/000119312523113068/0001193125-23-113068-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.