BCB Bancorp (NASDAQ: BCBP) details Q4 2025 write-downs and loan losses

Rhea-AI Filing Summary

BCB Bancorp, Inc. reported that its board and management approved a pre-tax write-down of $15.1 million on an isolated cannabis-related real estate owned property, which will be recorded in its fourth quarter 2025 results. This follows a previously disclosed $12.7 million charge-off when the related loan was moved to real estate owned in the third quarter of 2025.

The company also expects its fourth quarter 2025 financial statements to include an additional $16.4 million in net charge-offs, primarily in the commercial and industrial loan portfolio, including a single $6.4 million C&I loan and about $1.4 million tied to Business Express loans. Management states that the bank’s capital position is sufficient to absorb these losses without materially affecting ongoing operations and that it does not expect these charge-offs to require future cash expenditures. The company plans to release full fourth quarter 2025 results on January 30, 2026.

Positive

• None.

Negative

• Material credit losses disclosed: A $15.1 million real estate owned write-down plus $16.4 million in additional net charge-offs, mainly in C&I loans, signal notable credit deterioration.

Insights

Bank credit risk analyst

BCB Bancorp flags sizable credit losses but says capital can absorb them.

BCB Bancorp is recognizing a pre-tax write-down of $15.1 million on a cannabis-related real estate owned property in its Q4 2025 results. This comes on top of an earlier $12.7 million charge-off when the related loan moved into real estate owned in Q3 2025, highlighting ongoing stress around this specific relationship.

In addition, management expects Q4 2025 financials to show $16.4 million of additional net charge-offs, mostly within the commercial and industrial loan book. The largest single item is a $6.4 million C&I loan, with around $1.4 million tied to Business Express loans, suggesting some concentrated credit issues rather than broad portfolio data in this excerpt.

The company states that the bank’s capital is sufficient to absorb these losses without a material effect on operations and that it estimates these charge-offs will not trigger future cash expenditures. The practical impact on investors will become clearer when full Q4 2025 results are reported on January 30, 2026, when earnings, capital ratios, and any additional credit disclosures are provided.

8-K Event Classification

Item 2.06 — Material Impairments

1 item

Item 2.06 Material Impairments Financial

The company concluded that a material charge for impairment of assets (goodwill, intangibles, etc.) is required.

Understanding 8-K Material Events →

BCB BANCORP INC false 0001228454 0001228454 2026-01-13 2026-01-13

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 13, 2026

BCB BANCORP, INC.

(Exact name of Registrant as Specified in its Charter)

New Jersey		0-50275		26-0065262
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

104-110 Avenue C
Bayonne, New Jersey				07002
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s telephone number, including area code: (201) 823-0700

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, no par value		BCBP		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.06. Material Impairments.

On January 13, 2026, the Board of Directors and management of BCB Bancorp, Inc. (the “Company”) determined that a write down of $15.1 million (pre-tax) was required with respect to an isolated cannabis-related real estate owned (REO) property. As previously disclosed in the first quarter of 2025, BCB Community Bank (the “Bank”), the Company’s wholly owned subsidiary, established a specific reserve for this relationship. During the third quarter of 2025, this loan was transferred to the REO category, resulting in a previously disclosed charge-off of $12.7 million and the elimination of the previously established reserve. Based on new information, the Company determined that this additional write-down was warranted, which will be reflected in the Company’s fourth quarter 2025 financial statements.

The financial statements for the fourth quarter of 2025 will also reflect $16.4 million in additional net charge-offs, primarily related to the Bank’s C&I loan portfolio. The largest of these charge-offs was a $6.4 million C&I loan. Approximately $1.4 million of these net charge-offs were attributable to the Bank’s “Business Express” loans.

The Bank’s financial position provides sufficient capital to absorb these losses without any material effect on the Bank’s operations. The Company estimates that no portion of these charge-offs will result in any future cash expenditures but will continue to review this estimate as the Company moves forward.

The Company plans to report complete fourth quarter 2025 financial results on January 30, 2026, at 8:30 a.m. Eastern Standard Time.

Forward-Looking Statements

This 8-K, like many written and oral communications presented by the Company, and our authorized officers, may contain certain forward-looking statements regarding our prospective performance and strategies within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and are including this statement for purposes of said safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations of the Company, are generally identified by use of words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “project,” “seek,” “strive,” “try,” or future or conditional verbs such as “could,” “may,” “should,” “will,” “would,” or similar expressions. Our ability to predict results or the actual effects of our plans or strategies is inherently uncertain. Accordingly, actual results may differ materially from anticipated results.

The most significant factors that could cause future results to differ materially from those anticipated by our forward-looking statements include the potential impact of another possible Federal budget stalemate in Congress in 2026, global tariffs imposed by the Trump administration, higher inflation levels, and general economic and recessionary concerns, all of which could impact economic growth and could cause increased loan delinquencies, a reduction in financial transactions and business activities, including decreased deposits and reduced loan originations. Other factors that could cause future results to vary materially from current management expectations as reflected in our forward-looking statements include, but are not limited to: our ability to manage liquidity and capital in a rapidly changing and unpredictable market, supply chain disruptions, labor shortages, the global impact of the military conflicts in the Ukraine and the Middle East; unfavorable economic conditions in the United States

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generally and particularly in our primary market area; the Company’s ability to effectively attract and deploy deposits; changes in the Company’s corporate strategies, the composition of its assets, or the way in which it funds those assets; shifts in investor sentiment or behavior in the securities, capital, or other financial markets, including changes in market liquidity or volatility; the effects of declines in real estate values that may adversely impact the collateral underlying our loans; increase in unemployment levels and slowdowns in economic growth; our level of non-performing assets and the costs associated with resolving any problem loans including litigation and other costs; the impact of changes in interest rates and the credit quality and strength of underlying collateral and the effect of such changes on the market value of our loan and investment securities portfolios; the credit risk associated with our loan portfolio; changes in the quality and composition of the Bank’s loan and investment portfolios; changes in our ability to access cost-effective funding; deposit flows; legislative and regulatory changes, including increases in Federal Deposit Insurance Corporation, or FDIC, insurance rates; monetary and fiscal policies of the federal and state governments; changes in tax policies, rates and regulations of federal, state and local tax authorities; demands for our loan products; demand for financial services; competition; changes in the securities or secondary mortgage markets; changes in management’s business strategies; changes in consumer spending; our ability to hire and retain key employees; the effects of any reputational, credit, interest rate, market, operational, legal, liquidity, or regulatory risk; expanding regulatory requirements which could adversely affect operating results; civil unrest in the communities that we serve; and other factors discussed elsewhere in this report, and in other reports we filed with the SEC, including under “Risk Factors” in Part I, Item 1A of our Annual Report on Form 10-K filed for the year ended December 31, 2024, and our other periodic reports that we file with the SEC.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

						BCB BANCORP, INC.
DATE: January 15, 2026				By:		/s/ Jawad Chaudhry
						Jawad Chaudhry
						Executive Vice President and Chief Financial Officer
						(Duly Authorized Representative)

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FAQ

What credit losses did BCB Bancorp (BCBP) disclose in this 8-K?

BCB Bancorp disclosed a pre-tax write-down of $15.1 million on a cannabis-related real estate owned property and an additional $16.4 million in net charge-offs that will be reflected in its fourth quarter 2025 financial statements.

Which loan types are most affected by BCB Bancorp’s Q4 2025 charge-offs?

The additional net charge-offs of $16.4 million are primarily related to the bank’s commercial and industrial loan portfolio, including a single $6.4 million C&I loan and about $1.4 million from Business Express loans.

How does BCB Bancorp describe its capital position after these losses?

BCB Bancorp states that the bank’s financial position provides sufficient capital to absorb the disclosed losses without any material effect on the bank’s operations.

Will BCB Bancorp’s write-downs and charge-offs require future cash payments?

The company estimates that no portion of these charge-offs will result in any future cash expenditures, although it indicates it will continue to review this estimate over time.

When will BCB Bancorp report full fourth quarter 2025 results?

BCB Bancorp plans to report complete fourth quarter 2025 financial results on January 30, 2026, at 8:30 a.m. Eastern Standard Time.

What triggered the new $15.1 million write-down at BCB Bancorp?

Based on new information, management determined that an additional pre-tax write-down of $15.1 million was warranted for an isolated cannabis-related real estate owned property, beyond the earlier $12.7 million charge-off.