secwatch.observer — SEC 8-K summary
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Issuer:     BCB BANCORP INC (BCBP)
CIK:        0001228454
Form:       8-K
Filed at:   2025-01-28T23:59:59+00:00
Accession:  0001193125-25-014179
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 Q4 net income $3.3M ($0.16 EPS), down 46% from Q3; credit costs surge
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- Net income $3.3M vs $6.7M Q3 and $6.1M Q4 2023; diluted EPS $0.16 vs $0.36 and $0.35.
- Provision for credit losses $4.2M, up from $2.9M Q3 and $1.9M Q4 2023; net charge-offs $4.1M vs $233K.
- Non-accrual loans jumped to $44.7M (1.48% of loans) from $18.8M (0.57%) a year ago.
- Net interest margin narrowed to 2.53% from 2.57%; loans declined 8.6% YoY.
- Board declared $0.16/share quarterly dividend, payable Feb 24, 2025 to holders of record Feb 7.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1228454/000119312525014179/0001193125-25-014179-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1228454/000119312525014179/d883212d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-014179

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