• It's like a **smaller, community-focused version of Bank of America**, serving neighborhoods primarily in New Jersey and New York.
• Think of it as a **neighborhood bank**, offering services similar to **Chase**, but with a much more localized approach in New Jersey and New York.

BCB Bancorp (BCBP) primarily offers the following major banking services:

• Deposit Accounts: These services attract funds from consumers and businesses through various checking, savings, money market, and certificate of deposit accounts.
• Residential Mortgage Lending: This involves providing loans to individuals for the purchase or refinancing of their homes.
• Commercial Real Estate Lending: The bank offers financing solutions for the acquisition, development, and refinancing of commercial properties for businesses.
• Commercial & Industrial Lending: This service supplies loans and lines of credit to businesses for working capital, equipment purchases, and other operational needs.
• Consumer Loans: The bank provides credit to individuals for personal expenses, including auto loans, personal loans, and home equity lines of credit.
• Business Cash Management Services: This includes tools like merchant services, remote deposit capture, and online banking to help businesses efficiently manage their finances.

BCB Bancorp (symbol: BCBP) operates as a bank holding company for BCB Community Bank. As a community bank, it primarily serves a diverse base of individuals, small businesses, and commercial real estate clients rather than a few major corporate customers.

The primary categories of customers that BCB Bancorp serves through its BCB Community Bank are:

• Retail Customers (Individuals): This category includes individuals and families who utilize a range of banking products and services such as checking accounts, savings accounts, money market accounts, certificates of deposit (CDs), residential mortgage loans, home equity loans, and personal loans.
• Small and Medium-sized Businesses (SMBs): BCB Community Bank provides essential financial services to local businesses. These services include business checking and savings accounts, commercial term loans, lines of credit, treasury management services, and financing for equipment or operational needs.
• Commercial Real Estate Investors and Developers: A significant portion of the bank's lending activities is directed towards financing commercial real estate properties. This includes loans for multi-family housing, retail centers, office buildings, industrial properties, and other income-producing real estate ventures.

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Michael A. Shriner President and Chief Executive Officer

Mr. Shriner was appointed President and Chief Executive Officer of BCB Bancorp and BCB Community Bank, effective January 1, 2024. He is a 35-year veteran of the banking industry. Previously, Mr. Shriner served as President and Chief Executive Officer of MSB Financial Corp. and Millington Bank in New Jersey. Under his leadership, Millington Bank transitioned from a mutual holding company structure to a fully public institution through a Second Step Conversion. Millington Bank was later acquired by Kearny Bank, where Mr. Shriner then served as Market President, overseeing the transition of legacy Millington Bank customers. He joined Millington Bank in 1987 and held various commercial and corporate banking positions, including Chief Operating Officer and Board Member, before his promotion to President and CEO in 2012. He holds an Associate of Arts Degree in Business Administration from the University of New Hampshire and is a Graduate of The National School of Banking, Fairfield University.

Jawad Chaudhry Executive Vice President and Chief Financial Officer

Mr. Chaudhry was named Executive Vice President and Chief Financial Officer of BCB Bancorp and BCB Community Bank, effective September 28, 2022. He possesses extensive corporate finance and advisory experience, having worked in both regional banking and on Wall Street. Before joining BCB Bancorp, Mr. Chaudhry was Executive Vice President and Head of the FP&A, Corporate Finance & Strategy department at Investors Bank, where he led initiatives in M&A, strategic planning, budgeting/forecasting, enterprise-wide stress testing, capital planning, CECL program/model implementation, and profitability reporting. His Wall Street career included roles in the Financial Institutions Group (FIG) Investment Banking departments at Lehman Brothers, Barclays Capital, and Jefferies. He also served as Vice President, Corporate Development at Prudential Financial. Mr. Chaudhry graduated Summa Cum Laude from Franklin & Marshall College with a Bachelor's degree in Mathematics and Economics, with a concentration in Finance. He is a Chartered Financial Analyst (CFA) and a board member of the Morris County Chamber of Commerce.

Ryan Blake Executive Vice President, Chief Operating Officer and Corporate Secretary

Mr. Blake serves as Executive Vice President, Chief Operating Officer, and Corporate Secretary of BCB Bancorp, Inc. and BCB Bank. He joined the company in 2008 and has held various roles, including Vice President and Controller. He was appointed Senior Vice President and Chief Operating Officer in 2021 and joined the company's Board of Directors in November 2022. Mr. Blake holds Bachelor's degrees in Finance and Economics from Kean University and a Master's degree in Business Administration from Rutgers University. He is also a graduate of the ABA Stonier Graduate School of Banking at The Wharton School at the University of Pennsylvania. Mr. Blake serves as a trustee on the board of the Bayonne Public Library, a commissioner on the Zoning Board of the City of Bayonne, and Vice President for a chapter of Rotary International. He is a former director of the New Jersey LGBT Chamber of Commerce.

Sandra L. Sievewright Executive Vice President and Chief Compliance Officer

Ms. Sievewright serves as Executive Vice President and Chief Compliance Officer of BCB Bank. She has more than 30 years of experience in the banking industry, with a diverse background that includes management positions in compliance, bank secrecy, community reinvestment, marketing, security, branch administration, operations, and residential lending. Ms. Sievewright joined BCB Bank in May 2014. Prior to that, from July 2013 to May 2014, she was the Senior Vice President and BSA/Compliance Officer of First Commerce Bank in Lakewood, New Jersey. From October 2005 to July 2013, she held the position of Senior Vice President and Compliance Officer at Bogota Savings Bank in Teaneck, New Jersey.

Daniel A. Araujo Senior Vice President and Chief Lending Officer

Mr. Araujo was promoted to Senior Vice President and Chief Lending Officer of BCB Bank in July 2025. He brings over 20 years of industry knowledge and lending management experience. Mr. Araujo joined BCB Bank in 2023. Prior to his time at BCB Bank, he served as Chief Operating Officer of Real Estate Lending at Citizens Bank and Head of Portfolio Operations and Chief of Staff at Investors Bank (before its acquisition by Citizens Financial Group). In these previous roles, he led several critical lending initiatives, including the integration and implementation of loan origination systems. Since joining BCB, he has been instrumental in the bank's credit evolution, overseeing the implementation of a new loan origination system, department restructuring, and process improvements in lending.

1. Interest Rate Risk and Sector Volatility: BCB Bancorp faces significant exposure to changes in interest rates, which can impact its net interest margins and overall profitability. The regional banking sector, in general, is experiencing pressure from rising deposit costs and fluctuating loan growth, creating volatility that can negatively affect BCBP's performance.
2. Credit Risk from Loan Portfolio Concentration: A substantial portion of BCB Bancorp's loan portfolio, specifically 71.7%, is comprised of commercial and multi-family real estate loans. This concentration exposes the company to a higher degree of risk compared to one-to-four family residential mortgage loans, as the repayment heavily depends on the borrower's creditworthiness and the continued viability and cash flow of the underlying properties. Additionally, construction loans, also part of their offerings, are considered a higher-risk lending product. Recent issues with non-accrual loans, including cannabis-related loans which constitute 3.5% of the total portfolio, further highlight credit quality concerns.
3. Operational Issues and Earnings Decline: BCB Bancorp has experienced operational issues that have impacted its profitability, including a significant loss in Q1 2025 and increased loan reserves, which led to a substantial stock decline. Analysts anticipate a year-over-year decline in earnings on lower revenues, and the company has only beaten consensus EPS estimates once in the last four quarters. These factors suggest ongoing challenges in operational efficiency and consistent earnings generation.

The accelerating shift towards digital-first banking and the increasing market penetration of fintech companies and neobanks pose a clear emerging threat to traditional community banks like BCB Bancorp. These digital challengers, including online lenders, payment platforms, and app-based banks, often offer more seamless user experiences, competitive rates, and lower fees, attracting customers, particularly younger demographics, away from brick-and-mortar institutions. This trend directly impacts BCBP's ability to attract and retain deposits, grow its loan portfolio, and maintain its traditional customer relationships in an increasingly digital financial landscape.

Commercial Banking Market

The market size of the Commercial Banking industry in New Jersey is estimated to be $50.6 billion in 2025.

Deposit Market

The total deposits in all FDIC-insured institutions in New Jersey were approximately $463 billion as of June 30, 2022.

Residential Mortgage Market

Information directly quantifying the total dollar size of the residential mortgage market (e.g., total outstanding mortgage debt or annual origination volume) for New Jersey is not readily available. However, the residential real estate market in New Jersey, which underpins mortgage lending, demonstrates significant activity and value. In September 2025, the median home sales price in New Jersey was $563,100, with home prices up 4.6% compared to the previous year. The average New Jersey home value was $564,432 as of September 2025. Single-family home sales in New Jersey surged 10.1% to 5,243 units in September 2025.

Other Loan Products and Banking Services

Specific market sizes in dollar figures for other loan products such as home equity loans, consumer loans, or for general retail and commercial banking services like wire transfers and money orders, are not explicitly available as separate addressable market values for the New Jersey region.

Share Repurchases

• BCB Bancorp adopted a stock repurchase program on December 11, 2020, authorizing the repurchase of up to 500,000 shares of its common stock, representing approximately 2.9% of its outstanding shares at that time.
• As of September 30, 2022, 417,650 shares had been repurchased under the program.
• The company's Board of Directors amended the stock repurchase program on October 17, 2022, increasing the number of shares authorized for future repurchases to a total of 500,000 shares.
• During the year ended December 31, 2023, the company repurchased 266,753 shares, with 150,897 shares remaining under the authorization.

Share Issuance

• In 2024, BCB Bancorp engaged in capital management activities that included the redemption of Series I Preferred Stock and the issuance of Series J and K Preferred Stock.
• On March 15, 2025, the company issued 52 shares of its Series K Noncumulative Perpetual Preferred Stock in a private placement, generating gross proceeds of $520,000. This was noted as the second round of shares issued in this private placement.

Outbound Investments

• No significant outbound investments, such as acquisitions of other companies, have been identified within the last 3-5 years. The company's strategy mentions capitalizing on the consolidation of the banking industry in its market area, which could imply future activity.

Capital Expenditures

• Specific consolidated dollar values for capital expenditures over the last 3-5 years were not explicitly detailed in the provided summaries of financial reports.
• As of December 31, 2024, BCB Community Bank operated 23 branches in New Jersey and four branches in New York, indicating ongoing investment in its physical branch network.