BCB Bancorp, Inc. Announces Sale of ~$205M Problem Loan Portfolios

What Happened BCB Bancorp, Inc. (the holding company for BCB Community Bank) announced on September 25, 2026 that the Bank entered into definitive agreements with six purchasers to sell portfolios of problem loans with an aggregate unpaid principal balance of approximately $205.3 million (as of June 30, 2026). The Bank expects to record an estimated pre-tax loss of $43.3 million related to these loan sales in the third quarter of 2026. Five of the six transactions have closed; the final transaction is expected to close before the end of Q3 2026.

Key Details

• Aggregate unpaid principal balance of loans sold: ~$205.3 million (as of 6/30/2026).
• Loan mix: commercial & multifamily real estate ~$180.7M; commercial & industrial (C&I) ~$14.8M; construction loans ~$9.8M.
• Estimated pre-tax loss to be recorded in Q3 2026: $43.3 million.
• Transactions executed Sept 21–24, 2026 with six independent purchasers; five closings completed, one expected before quarter-end.
• No business express loans were included in the sold portfolios.

Why It Matters The loan sales will materially affect the Bank’s third-quarter financial results through the $43.3M pre-tax charge the company will record in Q3 2026. Removing these criticized/classified loans from the balance sheet may reduce problem-asset exposure, while the charge will reduce reported earnings for the quarter. Investors should look to BCB Bancorp’s upcoming quarterly filings and earnings commentary for updated financial metrics and disclosures tied to these transactions.