{"schema_version":"secwatch.filing_event.v1","accession":"0001723596-23-000364","form_type":"8-K","ticker":"CLBK","cik":"0001723596","company_name":"Columbia Financial, Inc.","filed_at":"2023-07-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.998137+00:00","generated_at":"2026-06-13T02:23:52.300333+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Columbia Financial Q2 net income plunges 93% to $1.7M on securities loss, margin compression","bullets":["Q2 net income $1.7M ($0.02 EPS), down 93% from $23.0M ($0.22); core net income $11.7M, down 50.7% YoY.","Net interest margin fell 84 bps to 2.17%; interest expense surged 585% to $45.0M on higher deposit and borrowing costs.","Sold $234.4M of AFS securities at a $9.6M loss; booked $1.6M severance from workforce reduction.","Repurchased 1.2M shares for $69.3M under sixth buyback program; total assets fell 3.1% to $10.1B.","Non-performing loans increased to $11.1M (0.14% of loans) from $6.7M; uninsured deposits reduced to 24.1% of total."],"urls":{"canonical":"https://secwatch.observer/filing/0001723596-23-000364","json":"https://secwatch.observer/filing/0001723596-23-000364.json","markdown":"https://secwatch.observer/filing/0001723596-23-000364.md","text":"https://secwatch.observer/filing/0001723596-23-000364.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1723596/000172359623000364/0001723596-23-000364-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1723596/000172359623000364/clbk-20230726.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:23:52.300333+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":"6ef3a999a3cf27b7281e97afe409fcacbd11fd10","claim":"Columbia Financial, Inc. reported the second quarter ended June 30, 2023 results: net income $1.7 million, or $0.02 per basic and diluted share, EPS $0.02 per basic and diluted share.","evidence_excerpt":"reported net income of $1.7 million, or $0.02 per basic and diluted share, for the quarter ended June 30, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1723596/000172359623000364/0001723596-23-000364-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Net income","value":"$1.7 million, or $0.02 per basic and diluted share"},{"label":"EPS","value":"$0.02 per basic and diluted 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"}