secwatch.observer — SEC 8-K summary
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Issuer:     BCB BANCORP INC (BCBP)
CIK:        0001228454
Form:       8-K
Filed at:   2023-10-19T23:59:59+00:00
Accession:  0001193125-23-259056
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BCB Bancorp Q3 net income $6.7M ($0.39 EPS); dividend $0.16/share declared
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- Net income $6.7M, diluted EPS $0.39; adjusted EPS $0.41 excluding unrealized equity losses.
- Net interest margin fell to 2.78% from 4.18% YoY; interest expense surged to $23.4M from $3.4M.
- Loan loss provision $2.21M vs $0 in Q3 2022; total loans $3.29B, up 17.9% YoY but down 1% linked quarter.
- Quarterly cash dividend $0.16 per share, payable Nov 17 to holders of record Nov 3.
- Non-accrual loans $7.93M (0.24% of loans); ACL coverage 402.4% of non-accrual loans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1228454/000119312523259056/0001193125-23-259056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1228454/000119312523259056/d559332d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-259056

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