BCB Bancorp to sell problem loan portfolios with $205.3 million unpaid balance
BCBP•BCB Bancorp agreed to sell problem loan portfolios with an unpaid principal balance of $205.30 million as of June 30, 2026. The company estimates it will record a $43.30 million pretax loss in the third quarter of 2026.
1. Portfolio sale
BCB Bancorp announced definitive agreements to sell problem loan portfolios with an unpaid principal balance of $205.30 million as of June 30, 2026. It estimates a $43.30 million pretax loss from the sale will be recorded in the third quarter of 2026.
