Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) x Annual Report Pursuant To Section 13 or 15(d) Of The Securities Exchange Act of 1934 For the fiscal year ended December 31, 2023. Or o Transition Report Pursuant To Section 13 or 15(d) Of The Securities Exchange Act of 1934 For the transition period from ______________ to ______________. Commission file number: 000-50275 BCB BANCORP, INC. (Exact name of registrant as specified in its charter) | - ...

BCB Bancorp (BCBP) reported $27.15 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 13.1%. EPS of $0.35 for the same period compares to $0.69 a year ago.The reported revenue represents a surprise of -0.66% over the Zacks Consensus Estimate of $27.33 million. With the consensus EPS estimate being $0.37, the EPS surprise was -5.41%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...

BCB Bancorp (BCBP) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.41%. A quarter ago, it was expected that this community bank would post earnings of $0.50 per share when it actually produced earnings of $0.39, delivering a surprise of -22%.Over the last four quarters, the company ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to fi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 Or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number: 0-50275 BCB Bancorp, Inc. (Exact name of registrant as specified in its charter) New Jersey 26-0065262 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 Or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number: 0-50275 BCB Bancorp, Inc. (Exact name of registrant as specified in its charter) New Jersey 26-0065262 (Stat ...

Part I [Consolidated Financial Statements](index=3&type=section&id=Item%201.%20Consolidated%20Financial%20Statements) BCB Bancorp's Q1 2023 net income declined to $8.1 million due to higher credit loss provisions and unrealized investment losses [Financial Condition (Balance Sheet)](index=3&type=section&id=Consolidated%20Statements%20of%20Financial%20Condition) Total assets increased by **6.1%** to **$3.76 billion** as of March 31, 2023, primarily driven by loan growth Consolidated Balance Sheet Highlights (in thousands) | Account | March 31, 2023 | December 31, 2022 | Change (%) | | :--- | :--- | :--- | :--- | | **Total Assets** | **$3,763,056** | **$3,546,193** | **+6.1%** | | Total cash and cash equivalents | $261,075 | $229,359 | +13.8% | | Loans receivable, net | $3,231,864 | $3,045,331 | +6.1% | | Debt securities available for sale | $86,988 | $91,715 | -5.2% | | **Total Liabilities** | **$3,465,438** | **$3,254,939** | **+6.5%** | | Total deposits | $2,867,209 | $2,811,607 | +2.0% | | FHLB advances | $532,399 | $382,261 | +39.3% | | **Total Stockholders' Equity** | **$297,618** | **$291,254** | **+2.2%** | [Results of Operations (Income Statement)](index=4&type=section&id=Consolidated%20Statements%20of%20Income) Q1 2023 net income decreased to **$8.1 million** due to higher loan loss provisions and unrealized investment losses Income Statement Summary (in thousands, except per share data) | Metric | Q1 2023 | Q1 2022 | Change (%) | | :--- | :--- | :--- | :--- | | Net Interest Income | $27,471 | $25,072 | +9.6% | | Provision (credit) for loan losses | $622 | $(2,575) | N/A | | Total non-interest income | $(1,664) | $(600) | -177.3% | | Total non-interest expense | $13,854 | $12,959 | +6.9% | | **Net Income** | **$8,106** | **$9,952** | **-18.5%** | | **Diluted EPS** | **$0.46** | **$0.56** | **-17.9%** | [Cash Flows](index=7&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) Q1 2023 cash and cash equivalents increased by **$31.7 million**, primarily from operating and financing activities, offset by investing in loans Cash Flow Summary (in thousands) | Activity | Q1 2023 | Q1 2022 | | :--- | :--- | :--- | | Net Cash Provided by Operating Activities | $16,414 | $11,752 | | Net Cash Used In Investing Activities | $(185,704) | $(90,992) | | Net Cash Provided by Financing Activities | $201,006 | $64,264 | | **Net Increase (Decrease) in Cash** | **$31,716** | **$(14,976)** | [Loan Portfolio and Credit Quality](index=13&type=section&id=Note%207%20-%20Loans%20Receivable%20and%20Allowance%20for%20Credit%20Losses) Gross loans grew to **$3.27 billion**, primarily in commercial and multi-family segments, with CECL adoption impacting ACL and strong asset quality Loan Portfolio Composition (in thousands) | Loan Class | March 31, 2023 | December 31, 2022 | | :--- | :--- | :--- | | Commercial and multi-family | $2,466,932 | $2,345,229 | | Commercial business | $327,598 | $282,007 | | Residential one-to-four family | $246,683 | $250,123 | | Construction | $162,553 | $144,931 | | Home equity & Consumer | $62,205 | $60,128 | | **Total Gross Loans** | **$3,265,971** | **$3,082,418** | - Effective January 1, 2023, the company adopted the CECL methodology, resulting in a **$4.2 million decrease** in the allowance for credit losses on loans and a **$1.3 million increase** for off-balance sheet exposures, leading to a **net $2.9 million increase** to retained earnings (net of tax)[21](index=21&type=chunk)[48](index=48&type=chunk) Credit Quality Indicators | Metric | March 31, 2023 | December 31, 2022 | | :--- | :--- | :--- | | Non-Accrual Loans | $5,058 | $5,109 | | Non-Accrual Loans / Gross Loans | 0.16% | 0.17% | | Allowance for Credit Losses (ACL) | $28,882 | $32,373 | | ACL / Gross Loans | 0.89% | 1.05% | [Management's Discussion and Analysis (MD&A)](index=28&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses asset growth, net interest income trends, and factors impacting net income, highlighting strong liquidity and capital, including a **9.26%** CBLR [Analysis of Net Interest Income](index=30&type=section&id=Net%20Interest%20Income%20Analysis) Net interest income increased to **$27.5 million**, driven by higher asset yields, but net interest margin compressed to **3.15%** due to rising liability costs Net Interest Margin and Spread Analysis | Metric | Q1 2023 | Q1 2022 | | :--- | :--- | :--- | | Average Yield on Earning Assets | 4.86% | 3.82% | | Average Cost of Bearing Liabilities | 2.24% | 0.50% | | Net Interest Rate Spread | 2.62% | 3.32% | | Net Interest Margin | 3.15% | 3.46% | [Liquidity and Capital Resources](index=31&type=section&id=Liquidity%20and%20Capital%20Resources) The company maintains strong liquidity with significant borrowing capacity and remains well-capitalized, reporting a Community Bank Leverage Ratio of **9.26%** - The company has access to multiple liquidity sources, including an additional **$385.0 million** in funding from the FHLB and an overall wholesale borrowing capacity of **over $800 million**[111](index=111&type=chunk) Bank Regulatory Capital Ratios | Ratio | As of March 31, 2023 | Well-Capitalized Requirement | | :--- | :--- | :--- | | Community Bank Leverage Ratio | 9.26% | 9.00% | [Market Risk Disclosures](index=33&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) The company's primary market risk is interest rate risk, with NPV analysis indicating moderate sensitivity to rate changes, showing a **1.23%** decrease for a 100 bps upward shift Net Portfolio Value (NPV) Sensitivity Analysis | Change in Rates (bps) | % Change from PAR in NPV | | :--- | :--- | | +300 | -6.12% | | +200 | -3.45% | | +100 | -1.23% | | PAR | 0.00% | | -100 | -0.41% | Part II [Risk Factors](index=34&type=section&id=Item%201A.%20Risk%20Factors) The company highlights material changes to risk factors, including banking industry instability impacting customer confidence and deposit competition, and potential losses from declining securities values due to rising rates - Recent bank failures and negative media attention have generated market volatility and could negatively impact customer confidence, deposit costs, and regulatory scrutiny for community banks[120](index=120&type=chunk)[121](index=121&type=chunk) - Rising interest rates have decreased the value of the company's securities portfolio. If required to sell these securities to meet liquidity needs, the company could realize losses, potentially impairing capital and profitability[123](index=123&type=chunk)[124](index=124&type=chunk) [Share Repurchases and Other Items](index=34&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company reported no material legal proceedings and repurchased **151,753** shares at an average price of **$16.83** per share during Q1 - The company is not involved in any material legal proceedings[119](index=119&type=chunk) Share Repurchases in Q1 2023 | Period | Total Shares Purchased | Average Price Paid per Share | | :--- | :--- | :--- | | Jan 2023 | - | - | | Feb 2023 | 57,953 | $17.45 | | Mar 2023 | 93,800 | $16.45 | | **Total** | **151,753** | **$16.83** |

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) x Annual Report Pursuant To Section 13 or 15(d) Of The Securities Exchange Act of 1934 For the fiscal year ended December 31, 2022. Or o Transition Report Pursuant To Section 13 or 15(d) Of The Securities Exchange Act of 1934 For the transition period from ______________ to ______________. Commission file number: 000-50275 BCB BANCORP, INC. (Exact name of registrant as specified in its charter) | - ...

[PART I. CONSOLIDATED FINANCIAL INFORMATION](index=3&type=section&id=PART%20I.%20CONSOLIDATED%20FINANCIAL%20INFORMATION) [Item 1. Consolidated Financial Statements](index=3&type=section&id=Item%201.%20Consolidated%20Financial%20Statements) This section presents the unaudited consolidated financial statements for BCB Bancorp, Inc. as of September 30, 2022, and for the three and nine months then ended, including detailed explanatory notes [Consolidated Statements of Financial Condition](index=3&type=section&id=Consolidated%20Statements%20of%20Financial%20Condition) | Metric | Sep 30, 2022 (in thousands) | Dec 31, 2021 (in thousands) | | :--- | :--- | :--- | | **Total Assets** | **$3,265,612** | **$2,967,528** | | Loans receivable, net | $2,787,015 | $2,304,942 | | Total cash and cash equivalents | $221,024 | $411,629 | | **Total Liabilities** | **$2,982,930** | **$2,693,504** | | Total deposits | $2,712,946 | $2,561,402 | | **Total Stockholders' Equity** | **$282,682** | **$274,024** | - Total assets grew to **$3.27 billion** at September 30, 2022, from **$2.97 billion** at December 31, 2021, primarily driven by a significant increase in net loans receivable[4](index=4&type=chunk) [Consolidated Statements of Income](index=4&type=section&id=Consolidated%20Statements%20of%20Income) | Metric (in thousands, except EPS) | Three Months Ended Sep 30, 2022 | Three Months Ended Sep 30, 2021 | Nine Months Ended Sep 30, 2022 | Nine Months Ended Sep 30, 2021 | | :--- | :--- | :--- | :--- | :--- | | Net interest income | $30,951 | $24,613 | $83,764 | $72,239 | | (Credit) provision for loan losses | $0 | $680 | ($2,575) | $4,840 | | **Net Income** | **$13,392** | **$8,322** | **$33,507** | **$23,489** | | **Diluted EPS** | **$0.76** | **$0.47** | **$1.89** | **$1.31** | - Net income for Q3 2022 increased by **60.9%** year-over-year to **$13.4 million**, driven by a **25.8%** increase in net interest income and no provision for loan losses[6](index=6&type=chunk) [Consolidated Statements of Comprehensive Income](index=5&type=section&id=Consolidated%20Statements%20of%20Comprehensive%20Income) | Metric (in thousands) | Three Months Ended Sep 30, 2022 | Three Months Ended Sep 30, 2021 | Nine Months Ended Sep 30, 2022 | Nine Months Ended Sep 30, 2021 | | :--- | :--- | :--- | :--- | :--- | | Net Income | $13,392 | $8,322 | $33,507 | $23,489 | | Other comprehensive loss | ($3,152) | ($121) | ($7,277) | ($9) | | **Comprehensive income** | **$10,240** | **$8,201** | **$26,230** | **$23,480** | - For the nine months ended September 30, 2022, comprehensive income was significantly impacted by a **$7.3 million** after-tax loss from unrealized losses on available-for-sale debt securities[8](index=8&type=chunk) [Consolidated Statement of Changes in Stockholders' Equity](index=6&type=section&id=Consolidated%20Statement%20of%20Changes%20in%20Stockholders'%20Equity) - Total stockholders' equity increased from **$274.0 million** at the beginning of 2022 to **$282.7 million** at September 30, 2022, primarily driven by net income of **$33.5 million**, partially offset by **$7.8 million** in common stock dividends and a **$7.3 million** other comprehensive loss[11](index=11&type=chunk) - During the first nine months of 2022, the company redeemed its Series D and Series G Preferred Stock and issued new Series I Preferred Stock[11](index=11&type=chunk) [Consolidated Statements of Cash Flows](index=8&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) | Cash Flow Activity (in thousands) | Nine Months Ended Sep 30, 2022 | Nine Months Ended Sep 30, 2021 | | :--- | :--- | :--- | | Net Cash Provided by Operating Activities | $32,761 | $33,086 | | Net Cash Used In Investing Activities | ($496,880) | $8,215 | | Net Cash Provided by Financing Activities | $273,514 | $140,408 | | **Net (Decrease) Increase in Cash** | **($190,605)** | **$181,709** | - The significant decrease in cash and cash equivalents in the first nine months of 2022 was primarily due to a **$477.4 million** net increase in loans receivable, which was a primary use of cash in investing activities[19](index=19&type=chunk) [Notes to Unaudited Consolidated Financial Statements](index=9&type=section&id=Notes%20to%20Unaudited%20Consolidated%20Financial%20Statements) - The company is preparing to adopt the Current Expected Credit Loss ("CECL") model (ASU 2016-13) in 2023, which will shift credit loss accounting from an "incurred loss" to an "expected loss" model[23](index=23&type=chunk) Loan Portfolio Composition | Loan Portfolio Composition (in thousands) | Sep 30, 2022 | Dec 31, 2021 | | :--- | :--- | :--- | | Commercial and multi-family | $2,164,320 | $1,720,174 | | Residential one-to-four family | $242,238 | $224,534 | | Commercial business | $205,661 | $191,139 | | Construction | $153,103 | $153,904 | | **Total Gross Loans** | **$2,823,931** | **$2,343,937** | - The allowance for loan losses decreased to **$33.2 million** at September 30, 2022, from **$37.1 million** at year-end 2021, following a credit provision of **$2.6 million** for the nine-month period[47](index=47&type=chunk) [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=28&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the company's financial performance, highlighting a **10.0%** growth in total assets to **$3.27 billion** in the first nine months of 2022, driven by a **20.5%** increase in gross loans, with net interest income growing significantly due to loan growth and a rising rate environment, leading to higher net income, also covering improving asset quality, changes in liabilities, and the company's strong liquidity and capital position - Total assets increased by **$298.1 million (10.0%)** to **$3.266 billion** at September 30, 2022, from year-end 2021, primarily due to a **$479.9 million (20.5%)** increase in gross loans[104](index=104&type=chunk) - For Q3 2022, net interest income increased **25.8%** year-over-year to **$30.9 million**, and the net interest margin expanded to **4.18%** from **3.46%** in Q3 2021[110](index=110&type=chunk) - For the nine months ended September 30, 2022, noninterest income decreased by **91.2%** to **$0.53 million**, mainly due to **$5.5 million** in unrealized losses on equity investments[112](index=112&type=chunk) - The Bank remains well-capitalized, with a Community Bank Leverage Ratio (CBLR) of **10.33%** as of September 30, 2022, exceeding the **9.00%** regulatory requirement[116](index=116&type=chunk)[117](index=117&type=chunk) [Item 3. Quantitative and Qualitative Disclosures about Market Risk](index=34&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) As a smaller reporting company, BCB Bancorp, Inc. is not required to provide these disclosures - This section is not required for smaller reporting companies[119](index=119&type=chunk) [Item 4. Controls and Procedures](index=34&type=section&id=Item%204.%20Controls%20and%20Procedures) Management, including the CEO and Interim CFO, evaluated the company's disclosure controls and procedures and concluded they were effective as of the end of the quarter, with no material changes to internal controls over financial reporting during the period - The Chief Executive Officer and Interim Chief Financial Officer concluded that the Company's disclosure controls and procedures are effective as of the end of the reporting period[120](index=120&type=chunk) - No changes in the Company's internal control over financial reporting occurred during the quarter that materially affected, or are reasonably likely to materially affect, these controls[120](index=120&type=chunk) [PART II. OTHER INFORMATION](index=35&type=section&id=PART%20II.%20OTHER%20INFORMATION) [Item 1. Legal Proceedings](index=35&type=section&id=Item%201.%20Legal%20Proceedings) The company reports that it is not involved in any material legal proceedings that would have a material adverse effect on its financial condition or results of operations - As of September 30, 2022, the company was not involved in any material legal proceedings[122](index=122&type=chunk) [Item 1A. Risk Factors](index=35&type=section&id=Item%201A.%20Risk%20Factors) There have been no material changes to the risk factors previously disclosed in the company's Annual Report on Form 10-K for the year ended December 31, 2021 - No material changes to the risk factors from the Company's 2021 Form 10-K were reported[123](index=123&type=chunk) [Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](index=35&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) This section details the company's share repurchase activity during the third quarter of 2022, where a total of **71,513** shares were bought back under a publicly announced plan Share Repurchase Activity | Period | Total Shares Purchased | Average Price Paid per Share | | :--- | :--- | :--- | | July 2022 | 19,113 | $16.99 | | August 2022 | - | - | | September 2022 | 52,400 | $17.31 | | **Total Q3 2022** | **71,513** | **$17.23** | [Other Items (3, 4, 5)](index=35&type=section&id=Other%20Items%20(3,%204,%205)) The company reports that there were no defaults upon senior securities, no mine safety disclosures to be made, and no other information to report for the period - Item 3 (Defaults Upon Senior Securities), Item 4 (Mine Safety Disclosures), and Item 5 (Other Information) were reported as not applicable or had no information to disclose[125](index=125&type=chunk)[126](index=126&type=chunk) [Signatures and Exhibits](index=36&type=section&id=Signatures%20and%20Exhibits)