{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-017542","form_type":"8-K","ticker":null,"cik":"0001846017","company_name":"Blue Foundry Bancorp","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.744533+00:00","generated_at":"2026-06-03T09:51:10.275032+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Blue Foundry reports Q1 net loss of $2.8M; deposits up $46.3M, NIM expands to 1.92%","bullets":["Net loss of $2.8M ($0.13 EPS) vs. net loss of $1.2M ($0.05 EPS) in Q1 2023.","Deposits increased $46.3M (3.7%) from prior quarter; uninsured deposits only 10% of total.","Net interest margin expanded 8 bps to 1.92%; interest income up $507K.","Provision for credit losses released $535K due to improved forecast and lower portfolio balances.","Repurchased 532K shares under new program; tangible book value per share $14.60."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-017542","json":"https://secwatch.observer/filing/0001628280-24-017542.json","markdown":"https://secwatch.observer/filing/0001628280-24-017542.md","text":"https://secwatch.observer/filing/0001628280-24-017542.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1846017/000162828024017542/0001628280-24-017542-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1846017/000162828024017542/blue-20240424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T09:51:10.275032+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"14d29f45020898129a3bd59218056aa8c87a2a1d","claim":"Blue Foundry Bancorp reported the three months ended March 31, 2024 results: net income net loss of $2.8 million, or $0.13 per diluted common share, EPS $0.13 per diluted common share.","evidence_excerpt":"Blue Foundry Bancorp Reports First Quarter 2024 Results RUTHERFORD, NJ, April 24, 2024 — Blue Foundry Bancorp (NASDAQ:BLFY) (the “Company”), the holding company for Blue Foundry Bank (the “Bank”), today reported a net loss of $2.8 million, or $0.13 per diluted common share, for the three months ended March 31, 2024","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1846017/000162828024017542/0001628280-24-017542-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Net income","value":"net loss of $2.8 million, or $0.13 per diluted common share"},{"label":"EPS","value":"$0.13 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}