FORM 10-Q or Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. ☒ Yes ☐ No Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). ☐ Yes ☒ No Item Number Page Num ...

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer", "smaller reporting company", and "emerging growth company" in Rule 12b-2 of the Exchange Act: See accompanying notes to unaudited consolidated financial statements. (loss) — — — 1,687 — — — — 1,687 Issuance of common stock allocated to restricted stock award ...

Mortgage-backed securities and collateralized mortgage obligations totaling $367.4 million at amortized cost, and $328.9 million at fair value at March 31, 2023, are not classified by maturity as their expected lives are likely to be shorter than the contractual maturity date due to principal prepayments. Debt securities held to maturity having a carrying value of $346.8 million and $228.8 million, at March 31, 2023 and December 31, 2022, respectively, were pledged as security for public funds on deposit at ...

Portions of the Registrant's Proxy Statement for the 2023 Annual Meeting of Stockholders are incorporated by reference into Part III of this Form 10-K. PART I Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 28 Item 6. Reserved 31 Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations 32 Item 7A. Quantitative and Qualitative Disclosures About Market Risk 69 Item 8. Financial Statements and Supplementar ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-38456 | --- | --- | |----------------------------------------------------------------------------|---------------------------------------------| | | | | Delaw ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-38456 | --- | --- | |----------------------------------------------------------------------------|---------------------------------------------| | | | | Delaware | ...

[PART I. Financial Information](index=4&type=section&id=PART%20I.%20Financial%20Information) [Financial Statements](index=4&type=section&id=Item%201.%20Financial%20Statements) Q1 2022 financials show stable assets, slightly lower net income, and decreased equity from unrealized losses and stock buybacks [Consolidated Statements of Financial Condition](index=4&type=section&id=Consolidated%20Statements%20of%20Financial%20Condition) Total assets remained stable at $9.24 billion, while stockholders' equity declined due to comprehensive loss and treasury stock purchases Consolidated Balance Sheet Highlights (in thousands) | Account | March 31, 2022 (Unaudited) | December 31, 2021 | | :--- | :--- | :--- | | **Total Assets** | **$9,237,094** | **$9,224,097** | | Loans receivable, net | $6,429,593 | $6,297,912 | | Debt securities available for sale | $1,579,497 | $1,703,847 | | Total Deposits | $7,594,988 | $7,570,216 | | Borrowings | $432,755 | $377,309 | | **Total Liabilities** | **$8,204,607** | **$8,145,016** | | **Total Stockholders' Equity** | **$1,032,487** | **$1,079,081** | | Accumulated other comprehensive loss | $(100,355) | $(45,919) | [Consolidated Statements of Income](index=5&type=section&id=Consolidated%20Statements%20of%20Income) Q1 2022 net income slightly decreased to $20.4 million, as higher net interest income was offset by credit loss provisions Quarterly Income Statement Summary (in thousands, except per share data) | Metric | Three Months Ended Mar 31, 2022 | Three Months Ended Mar 31, 2021 | | :--- | :--- | :--- | | Net Interest Income | $62,726 | $56,740 | | Provision for (reversal of) credit losses | $1,459 | $(1,280) | | Non-interest Income | $7,041 | $8,595 | | Non-interest Expense | $40,749 | $37,703 | | **Net Income** | **$20,404** | **$21,045** | | **Earnings per share-basic and diluted** | **$0.20** | **$0.20** | [Consolidated Statements of Comprehensive Income (Loss)](index=6&type=section&id=Consolidated%20Statements%20of%20Comprehensive%20Income%20(Loss)) The company recorded a $34.0 million comprehensive loss in Q1 2022, driven by unrealized losses on debt securities Comprehensive Income (Loss) Summary (in thousands) | Component | Three Months Ended Mar 31, 2022 | Three Months Ended Mar 31, 2021 | | :--- | :--- | :--- | | Net Income | $20,404 | $21,045 | | Other comprehensive (loss) | $(54,436) | $(2,882) | | **Total comprehensive (loss) income** | **$(34,032)** | **$18,163** | [Consolidated Statements of Changes in Stockholders' Equity](index=7&type=section&id=Consolidated%20Statements%20of%20Changes%20in%20Stockholders'%20Equity) Stockholders' equity decreased to $1.03 billion due to comprehensive loss and stock buybacks, despite net income contributions - Key drivers for the decrease in stockholders' equity in Q1 2022 included a significant **other comprehensive loss of $54.4 million** and the purchase of **treasury stock for $21.7 million**[27](index=27&type=chunk) - The adoption of ASU No 2016-13 ("CECL") on January 1, 2022, resulted in a cumulative effect adjustment that **increased retained earnings by $6.2 million**[27](index=27&type=chunk) [Consolidated Statements of Cash Flows](index=10&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) Cash and cash equivalents increased by $25.0 million, supported by financing activities that offset investing outflows Cash Flow Summary (in thousands) | Cash Flow Activity | Three Months Ended Mar 31, 2022 | Three Months Ended Mar 31, 2021 | | :--- | :--- | :--- | | Net cash provided by operating activities | $32,854 | $172,335 | | Net cash (used in) investing activities | $(67,462) | $(343,486) | | Net cash provided by financing activities | $59,642 | $107,910 | | **Net increase (decrease) in cash** | **$25,034** | **$(63,241)** | [Notes to Unaudited Consolidated Financial Statements](index=12&type=section&id=Notes%20to%20Unaudited%20Consolidated%20Financial%20Statements) The notes detail the adoption of the CECL standard, a subsequent acquisition, and breakdowns of key financial statement components - On May 1, 2022, subsequent to the quarter end, the Company completed its **acquisition of RSI Bancorp, M.H.C., RSI Bancorp, Inc. and RSI Bank**, issuing 6,086,314 shares of its common stock to the MHC[46](index=46&type=chunk)[271](index=271&type=chunk) - The company adopted the CECL standard (ASU 2016-13) on January 1, 2022, resulting in a total cumulative effect adjustment **increasing retained earnings by $6.2 million**, net of tax[59](index=59&type=chunk) - During Q1 2022, the Company **repurchased 1,023,519 shares** at an approximate cost of **$21.7 million**, or an average price of $21.19 per share[56](index=56&type=chunk) Loan Portfolio Composition (in thousands) | Loan Category | March 31, 2022 | December 31, 2021 | | :--- | :--- | :--- | | One-to-four family | $2,179,698 | $2,092,317 | | Multifamily | $1,077,938 | $1,041,108 | | Commercial real estate | $2,183,704 | $2,170,236 | | Construction | $261,674 | $295,047 | | Commercial business loans | $466,517 | $452,232 | | Home equity & other consumer | $272,368 | $277,991 | | **Total gross loans** | **$6,441,899** | **$6,328,931** | [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=54&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses a slight net income decrease, improved net interest margin, and stable asset quality for Q1 2022 - Net income for Q1 2022 was **$20.4 million, down 3.0%** from $21.0 million in Q1 2021, driven by a $2.7 million increase in the provision for credit losses and higher expenses[276](index=276&type=chunk) - Net interest margin for Q1 2022 **increased by 18 basis points to 2.98%** from 2.80% in Q1 2021, as the cost of liabilities fell faster than asset yields[280](index=280&type=chunk)[282](index=282&type=chunk) - Non-performing loans were **$4.6 million, or 0.07% of total gross loans**, at March 31, 2022, indicating stable and strong asset quality[296](index=296&type=chunk) - Total stockholders' equity **decreased by $46.6 million (4.3%)** during the quarter, mainly due to a $54.4 million increase in unrealized losses and $21.7 million in stock repurchases[295](index=295&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=59&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company manages interest rate risk and remains well-capitalized, exceeding all regulatory capital requirements - Both the company and its subsidiary banks (Columbia Bank and Freehold Bank) **exceeded all capital adequacy requirements** and were classified as well-capitalized as of March 31, 2022[331](index=331&type=chunk)[332](index=332&type=chunk) Interest Rate Sensitivity Analysis (as of March 31, 2022) | Change in Interest Rates (bps) | % Change in Net Interest Income (12 Months) | % Change in Net Portfolio Value (NPV) | | :--- | :--- | :--- | | +300 | (2.90)% | (20.23)% | | +200 | (1.80)% | (12.96)% | | +100 | (0.86)% | (6.20)% | | Base | — | — | | -100 | (3.42)% | 1.42% | Company Capital Ratios (as of March 31, 2022) | Ratio | Actual | Minimum Adequacy Requirement | | :--- | :--- | :--- | | Total capital (to risk-weighted assets) | 16.93% | 8.00% | | Tier 1 capital (to risk-weighted assets) | 16.08% | 6.00% | | Common equity tier 1 capital (to risk-weighted assets) | 15.96% | 4.50% | | Tier 1 capital (to adjusted total assets) | 11.41% | 4.00% | [Controls and Procedures](index=63&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and internal controls over financial reporting were effective as of March 31, 2022 - Management concluded that the Company's **disclosure controls and procedures were effective** as of the end of the period covered by the report[338](index=338&type=chunk) - **No changes in internal control over financial reporting** occurred during the quarter that have materially affected, or are reasonably likely to materially affect, these controls[339](index=339&type=chunk) [PART II. Other Information](index=64&type=section&id=PART%20II.%20Other%20Information) [Legal Proceedings](index=64&type=section&id=Item%201.%20Legal%20Proceedings) Ongoing legal actions from normal business operations are not expected to have a material adverse financial impact - Management believes that ongoing legal actions and claims from the normal course of business are **not expected to materially impact** the Company's financial condition[342](index=342&type=chunk) [Risk Factors](index=64&type=section&id=Item%201A.%20Risk%20Factors) No material changes to the company's risk factors have occurred since the 2021 year-end annual report - As of March 31, 2022, the company's risk factors have **not materially changed** from those disclosed in the 2021 Form 10-K[343](index=343&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=64&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company details its Q1 2022 share repurchase activities under its publicly announced buyback program - The company has a stock repurchase program authorized on December 6, 2021, to acquire up to 5,000,000 shares, with **3,790,420 shares remaining for purchase** as of March 31, 2022[344](index=344&type=chunk) Share Repurchases for Q1 2022 | Period | Total Shares Repurchased | Average Price Paid per Share | | :--- | :--- | :--- | | Jan 2022 | 504,500 | $20.89 | | Feb 2022 | 301,500 | $21.44 | | Mar 2022 | 254,268 | $21.51 | | **Total** | **1,060,268** | **$21.20** | [Exhibits](index=64&type=section&id=Item%206.%20Exhibits) This section lists all exhibits filed with the report, including required CEO and CFO certifications

or UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2021 ☐ 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: 001-38456 COLUMBIA FINANCIAL, INC. (Exact name of registrant as specified in its charter) Delaware 22-3504946 (State or othe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading symbol(s) Name of each exchange on which registered Common Stock, $0.01 par value per share CLBK The Nasdaq Stock Market LLC FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-38456 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-38456 | --- | --- | |----------------------------------------------------------------------------|---------------------------------------------| | | | | Delaware | ...