secwatch.observer — SEC 8-K summary
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Issuer:     BCB BANCORP INC (BCBP)
CIK:        0001228454
Form:       8-K
Filed at:   2024-07-19T23:59:59+00:00
Accession:  0001193125-24-181653
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 Q2 net income $2.8M ($0.14 EPS), loan sale loss $4.6M, declares $0.16 dividend
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- Net income of $2.8M ($0.14 diluted EPS) vs $8.6M ($0.50) in Q2 2023.
- Agreed to sell $38.4M CRE/multifamily loan pool; pre-tax loss of $4.6M recorded.
- Provision for credit losses $2.4M, up from $1.4M in Q2 2023; net charge-offs $1.8M.
- Non-accrual loans rose to $32.4M (1.01% of gross loans) from $5.7M (0.17%) year ago.
- Quarterly dividend declared $0.16 per share, payable Aug 16 to holders of record Aug 2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1228454/000119312524181653/0001193125-24-181653-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1228454/000119312524181653/d869778d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-181653

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