secwatch.observer — SEC 8-K summary
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Issuer:     BCB BANCORP INC (BCBP)
CIK:        0001228454
Form:       8-K
Filed at:   2023-07-20T23:59:59+00:00
Accession:  0001193125-23-190501
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BCB Bancorp Q2 net income $8.6M, EPS $0.50; declares $0.16 dividend
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- Q2 net income $8.6M ($0.50 diluted EPS); adjusted EPS $0.53 excluding unrealized losses on equity securities.
- Net interest margin fell to 2.92% from 3.15% prior quarter and 3.74% year ago; provision for credit losses $1.35M.
- Declared $0.16 quarterly cash dividend, payable Aug 18, 2023 to shareholders of record Aug 4, 2023.
- Total loans net increased 9.0% YTD to $3.32B; non-accrual loans only 0.17% of gross loans.
- Efficiency ratio improved to 52.3% from 53.7% in Q1 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1228454/000119312523190501/0001193125-23-190501-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1228454/000119312523190501/d472389d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-190501

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