BCB BANCORP INC Debt Disclosure
Information regarding short-term borrowings is as follows:
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| December 31, | |||||||
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| 2025 |
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| 2024 | |
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| Amount |
| Amount | |||
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| (In Thousands) | ||||||
Balance at end of period |
| $ | - |
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| $ | - |
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Average balance outstanding during the year |
| $ | 87 |
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| $ | 2 |
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Highest month-end balance during the year |
| $ | 30,000 |
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| $ | - |
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Average interest rate during the year |
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| 4.66 | % |
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| 6.42 | % |
Weighted average interest rate at year-end |
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| - | % |
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| - | % |
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Long-term debt consists of the following:
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| December 31, | ||||||||||
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| 2025 |
| 2024 | ||||||||
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| Weighted Average Rate |
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| Amount ($000s) |
| Weighted Average Rate |
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| Amount ($000s) |
Federal Home Loan Bank Advances: |
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| Maturing by December 31, | |||||||||||
| 2025 | - | % |
| $ | - |
| % |
| $ | 220,361 | |
| 2026 | 4.53 |
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| 235,000 |
| 4.53 |
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| 235,000 |
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| 4.53 | % |
| $ | 235,000 |
| 4.21 | % |
| $ | 455,361 |
At December 31, 2025 and 2024, loans with carrying values of approximately $1.5 billion and $1.4 billion, respectively, were pledged to secure the above noted Federal Home Loan Bank of New York borrowings. In addition, at December 31, 2025 and 2024, loans with carrying values of approximately $350.0 million and $546.7 million, respectively, were pledged with the Federal Reserve Discount window. There were no outstanding borrowings with the Federal Reserve at December 31, 2025 and 2024. No securities were pledged for borrowings at December 31, 2025 and 2024.
At December 31, 2025, the Company had the ability to obtain additional funding from the FHLB of $382.4 million and $198.7 million from the Federal Reserve Bank Discount Window, utilizing unencumbered loan collateral.
The Bank’s total credit exposure cannot exceed 50.0 percent of its total assets, or $1.640 billion, based on the borrowing limitations outlined in the FHLB of New York’s member products guide. The total credit exposure limit of 50.0 percent of total assets is recalculated each quarter.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 9, 2026 | Showing above |
| 2024 | Mar 7, 2025 | |
| 2023 | Mar 8, 2024 | |
| 2022 | Mar 9, 2023 | |
| 2021 | Mar 9, 2022 | |
| 2020 | Mar 10, 2021 | |
| 2019 | Mar 11, 2020 | |
| 2018 | Mar 18, 2019 | |
| 2017 | Mar 6, 2018 | |
| 2016 | Mar 13, 2017 | |
| 2015 | Mar 14, 2016 | |
About Debt Disclosures
Debt disclosures detail a company's borrowing structure — the types of instruments, interest rates, maturity schedule, and covenant restrictions that define its financial obligations and flexibility. This section is essential for assessing refinancing risk, interest rate exposure, and the margin of safety against financial distress.
Key signals: the maturity schedule reveals concentration risk — large maturities within 1-2 years during tight credit markets can force dilutive refinancing or asset sales. Compare the fair value of debt against carrying amount to gauge whether the market views the company's credit risk differently than the balance sheet suggests. Watch covenant compliance disclosures for tightening cushions, especially leverage and interest coverage ratios. Variable-rate debt exposure quantifies sensitivity to interest rate changes. Secured versus unsecured mix affects recovery rates and future borrowing capacity. Compare net debt-to-EBITDA against industry peers and covenant limits to assess financial health.