BCB Community Bank

Headquarters

860 Broadway
Bayonne, NJ 07002
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.40% →
1-Year CD N.A. 1.15% →
2-Year CD N.A. 1.26% →
5-Year CD N.A. 1.60% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

BCB Community Bank is an FDIC insured institution located in Bayonne, NJ. It was founded in 2000 and has approximately $2.91 billion in assets. Customers can open an account at one of its 23 branches.

FDIC Insured Yes
FDIC Certificate # 35541
Date Established 2000
Assets $ 2.91 billion
Loans $ 2.18 billion
Deposits $ 2.36 billion
Capital $ 276.45 million
 

For a more detailed analysis of BCB Community Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - July 5, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $100 - Learn More
Money Market
0.20% $10,000 $49,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.10% $500 - Learn More
6 Mo CD
0.15% $500 - Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $500 - Learn MoreShow Less

Loan Rates - July 5, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for BCB Community Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.039% 3.000% 0.50 $1,250 $1,055 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to BCB Community Bank
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Branches

BCB Community Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


BCB Community Bank Locations


Financial Details

BCB Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of BCB Community Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
BCB Community Bank U.S. Bank Average
3.6% 6.51%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2019, BCB Community Bank had $9,198,000 in non-current loans and $1,623,000 in owned real estate. To cover these potential losses it had $276,450,000 in equity and $23,734,000 in loans loss reserves. That gives it a Texas Ratio of 3.6%.

Return on Equity
BCB Community Bank U.S. Bank Average
9.04% 9.41%

BCB Community Bank has a Return on Equity of 9.04% versus the BestCashCow average of 9.41%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
BCB Community Bank U.S. Bank Average
9.51% 12.82%

BCB Community Bank has a Capitalization of 9.51% versus the BestCashCow average of 12.82. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

BCB Community Bank Balance Sheet Analysis

As of December 31, 2019, BCB Community Bank had assets of $2,906,653,000, loans of $2,179,324,000, and deposits of $2,362,263,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $ 550.44 million
Interest-bearing balances $ 525.46 million
Total securities $ 94.11 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.18 billion
Loan loss allowance $ 23.73 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.62 million
Goodwill and other intangibles $ 8.37 million
All other assets $ 39.62 million
     Total Assets $ 2.63 billion
LIABILITIES
Total deposits $ 2.36 billion
      Interest-bearing deposits $ 2.09 billion
      Deposits held in domestic offices $ 2.36 billion
      % insured (estimated) 89.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 259.18 million
Subordinated debt N.A.
All other liabilities $ 8.76 million
      Total Liabilities $ 2.63 billion
      Shareholders’ Equity $ 276.45 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 124.17 million
Total Interest Expense $ 38.64 million
Net interest income $ 85.54 million
Provision for loan and lease losses $ 2.07 million
Total non interest income $ 4.25 million
Total non interest expense $ 55.11 million
Pre-tax Net Operating Income $ 32.61 million

Bank Loan Profile?

The top three loan types in BCB Community Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Multifamily Mortgages.

Compared to other banks in New Jersey, BCB Community Bank has a significantly higher percent of Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 26.71
Multifamily
Mortgages
12.45
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 11.02
Construction and Development Loans 4.31
Commercial Real Estate 52.29
Commercial and Industrial Loans 5.26
Farm Loans 0.00

Frequently Asked Questions About Bcb Community Bank

Branches and Savings

Is Bcb Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #35541.

Why does Bcb Community Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bcb Community Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bcb Community Bank a commercial bank?

Yes

Where are Bcb Community Bank locations?

See branch locations nearby.

Is Bcb Community Bank open on Saturdays?

Is Bcb Community Bank open on Sundays?

What time does Bcb Community Bank open?

What time does Bcb Community Bank close?

Are Bcb Community Bank ATMs Open 24/7?

Do Bcb Community Bank ATMs accept cash deposits?

Can Bcb Community Bank customers use other ATMs?

Do Bcb Community Bank branches have notaries?

Will Bcb Community Bank notarize my document?

What address for Bcb Community Bank should I put for incoming ACH transfers?

Will the Bcb Community Bank branch print checks?

Do Bcb Community Bank checks expire?

Does Bcb Community Bank require US citizenship to open account?

Can Bcb Community Bank close my account?

Does Bcb Community Bank Report to credit bureaus?

Does Bcb Community Bank Use Equifax?

What is Bcb Community Bank's ACH Routing Number?

What is Bcb Community Bank's SWIFT code?

Products

Does Bcb Community Bank offer mortgages?

Compare mortgage rates here.

Does Bcb Community Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bcb Community Bank offer personal loans?

Compare personal loan rates here.

Does Bcb Community Bank offer student loans?

Will Bcb Community Bank cash a check?

Will Bcb Community Bank redeem a savings bond?

Does Bcb Community Bank cash savings bonds?

Will Bcb Community Bank cash money orders?

Can Bcb Community Bank issue a money order?

Does Bcb Community Bank do currency exchange?

Background on The Bank

Who owns Bcb Community Bank?

How long has Bcb Community Bank been around?

Can Bcb Community Bank transfer to other banks?

Does Bcb Community Bank have quick pay?

Does Bcb Community Bank accept rolled coins?

Will Bcb Community Bank accept loose change?

Where is Bcb Community Bank headquarters?

Customer Reviews for BCB Community Bank


  • January 30, 2017 |

    Bank is offering 1.74% for 17 months, minimum deposit $17,000.
    This CD promotion ends on Feb 02, 2020

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