BCB Bancorp, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2018
January 31, 2019 at 04:15 pm EST
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BCB Bancorp, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2018. For the fourth quarter, total interest and dividend income of $30,488,000 against $20,641,000 a year ago. Net interest income was $21,171,000 against $16,642,000 a year ago. Net income was $5,224,000 against $1,339,000 a year ago. Net income per common share-basic was $0.31 against $0.08 a year ago.
For the full year, total interest and dividend income of $105,097,000 against $77,571,000 a year ago. Net interest income was $77,681,000 against $61,884,000 a year ago. Net income was $16,763,000 against $9,982,000 a year ago. Net income per common share-basic was $1.02 against $0.76 a year ago. Net income per common share-diluted was $1.01 against $0.75 a year ago.
BCB Bancorp, Inc. is a holding company of BCB Community Bank (the Bank). The Bank offers loans, including commercial and multi-family real estate loans, one-to-four family mortgage loans, commercial business loans, construction loans, home equity loans, and consumer loans. It also offers deposit products, including savings and club accounts, interest and non-interest-bearing demand accounts, money market accounts, certificates of deposit, and individual retirement accounts; and retail and commercial banking services, including wire transfers, money orders, safe deposit boxes, night depository, debit cards, online banking, mobile banking, fraud detection, and automated teller services. The Bank has 24 branches in Bayonne, Edison, Hoboken, Fairfield, Holmdel, Jersey City, Lyndhurst, Maplewood, Monroe Township, Newark, Parsippany, Plainsboro, River Edge, Rutherford, South Orange, Union and Woodbridge, New Jersey, as well as four branches in Staten Island and Hicksville, New York.
BCB BANCORP, INC. 
