BCB BANCORP INC (BCBP) Form 8-K — Aug 7, 2026
BCB Bancorp, Inc. (Nasdaq: BCBP) filed an 8-K containing the transcript of its August 3, 2026 earnings call for the second quarter ended June 30, 2026, the first under new President and CEO Thomas O'Brien, who joined roughly 60 days earlier. The quarter was defined by credit cleanup: a $5.3 million goodwill write-off, roughly $19 million of loan-loss provisioning (about $16.7 million against the C&I book), and the suspension of dividends on both common and preferred shares to retain holding-company liquidity and build capital at the bank.
Key figures
- Past dues
- approximately $122 million
- Dividend action
- dividends suspended on both common and preferred shares
- Goodwill writeoff
- $5.3 million (the only intangible on the balance sheet; fully written off)
- Subordinated debt
- 40-some-odd million (interest deferral would be an event of default)
- Deferred tax asset
- approximately $25 million
- Net interest margin
- just over 3%, up about 8 basis points quarter over quarter
- Reincorporation plan
- Delaware, plus elimination of staggered director terms
- C and i losses q1 2026
- $0.8 million
- C and i losses q2 2026
- approximately $5.8 million
- Q2 loan loss provision
- approximately $19 million, of which $16.7 million dedicated to the C&I portfolio
- Cannabis loan portfolio
- $69-70 million at end of Q2 2026
- Total 100pct chargeoffs
- close to $13 million across Q4 2025 and Q2 2026
- Quarterly operating revenue
- consistently about $25 million per quarter (roughly $100 million annualized)
- Business express losses 2024
- similar to 2025's $10 million level
- Business express losses 2025
- $10 million
- Business express losses 2026 ytd
- $1.1 million
- Business express reserve coverage
- 15%
Price after filing
Close on the filing date to close N calendar days later (from $8.80). Historical, not a forecast.
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