XML 49 R33.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Loans Receivable and Allowance for Loan Losses (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Loans Receivable and Allowance for Loan Losses [Abstract] |
Recorded Investment in Loans Receivable | The following table presents the recorded investment in loans receivable at December 31, 2021 and December 31, 2020 by segment and class: December 31, 2021 December 31, 2020 (In Thousands)Loans: Residential one-to-four family$ 224,534 $ 244,369Commercial and multi-family 1,720,174 1,690,836Construction 153,904 155,967Commercial business(1) 191,139 184,357Home equity(2) 50,469 53,667Consumer 3,717 822Total Loans 2,343,937 2,330,018Less: Deferred loan fees, net (1,876) (1,358)Allowance for loan losses (37,119) (33,639) (38,995) (34,997)Total Loans, net$ 2,304,942 $ 2,295,021__________(1) Includes business lines of credit.(2) Includes home equity lines of credit.
Unpaid Principal Balance and Related Recorded Investment of Acquired Loans | December 31, 2021 2020 (In Thousands)Unpaid principal balance$ 140,969 $ 179,601 Recorded investment 122,533 152,556
Accretable Discount on Loans Acquired with Deteriorated Credit Quality | Years Ended December 31, 2021 2020 (In Thousands)Balance, Beginning of Period$ 1,078 $ 1,681 Accretion recorded to interest income (293) (603)Balance, End of Period$ 785 $ 1,078
Related Party Loans | Years Ended December 31, 2021 2020 (In Thousands)Balance – beginning$ 29,159 $ 33,771 Loans originated 14,875 -Collections of principal (12,338) (4,612)Balance - ending$ 31,696 $29,159
Allowance for Loan Losses | The following tables set forth the activity in the Bank’s allowance for loan losses and recorded investment in loans receivable at December 31, 2021 and December 31, 2020. The table also details the amount of total loans receivable, that are evaluated individually, and collectively, for impairment, and the related portion of the allowance for loan losses that is allocated to each loan class (In Thousands): Residential Commercial & Multi-family Construction Commercial Business (1) Home Equity (2) Consumer Unallocated TotalAllowance for credit losses: Beginning Balance, December 31, 2020$ 3,293 $ 21,772 $ 1,977 $ 6,306 $ 286 $ - $ 5 $ 33,639 Charge-offs: (69) - - (205) - (198) - (472)Recoveries: 27 - - 3 67 - - 97 Provisions: 843 293 254 1,896 180 212 177 3,855 Ending Balance, December 31, 2021$ 4,094 $ 22,065 $ 2,231 $ 8,000 $ 533 $ 14 $ 182 $ 37,119 Ending Balance attributable to loans: Individually evaluated for impairment$ 265 $ 1,690 $ 210 $ 5,650 $ 13 $ - $ - $ 7,828 Collectively evaluated for impairment 3,829 20,375 2,021 2,350 520 14 182 29,291 Ending Balance, December 31, 2021$ 4,094 $ 22,065 $ 2,231 $ 8,000 $ 533 $ 14 $ 182 $ 37,119 Loans Receivables: Individually evaluated for impairment$ 4,961 $ 31,745 $ 2,847 $ 8,746 $ 1,083 $ - $ - $ 49,382 Collectively evaluated for impairment 219,573 1,688,429 151,057 182,393 49,386 3,717 - 2,294,555 Total Gross Loans$ 224,534 $ 1,720,174 $ 153,904 $ 191,139 $ 50,469 $ 3,717 $ - $ 2,343,937 __________(1) Includes business lines of credit.(2) Includes home equity lines of credit. Residential Commercial & Multi-family Construction Commercial Business (1) Home Equity (2) Consumer Unallocated TotalAllowance for credit losses: Beginning Balance, December 31, 2019$ 2,722 $ 15,372 $ 1,244 $ 3,790 $ 333 $ - $ 273 $ 23,734 Charge-offs: (4) - - - (38) - - (42)Recoveries: - - - 492 10 4 - 506 Provisions: 575 6,400 733 2,024 (19) (4) (268) 9,441 Ending Balance, December 31, 2020$ 3,293 $ 21,772 $ 1,977 $ 6,306 $ 286 $ - $ 5 $ 33,639 Ending Balance attributable to loans: Individually evaluated for impairment$ 416 $ 378 $ - $ 3,640 $ 27 $ - $ - $ 4,461 Collectively evaluated for impairment 2,877 21,394 1,977 2,666 259 - 5 29,178 Ending Balance, December 31, 2020$ 3,293 $ 21,772 $ 1,977 $ 6,306 $ 286 $ - $ 5 $ 33,639 Loans Receivables: Individually evaluated for impairment$ 7,281 $ 61,854 $ - $ 12,492 $ 1,574 $ - $ - $ 83,201 Collectively evaluated for impairment 237,088 1,628,982 155,967 171,865 52,093 822 - 2,246,817 Total Gross Loans$ 244,369 $ 1,690,836 $ 155,967 $ 184,357 $ 53,667 $ 822 $ - $ 2,330,018 __________(1) Includes business lines of credit.(2) Includes home equity lines of credit.
Non-Accruing Loans | As of‎December 31, 2021 As of‎December 31, 2020 (In Thousands) (In Thousands)Non-Accruing Loans: Residential one-to-four family$ 282 $ 1,736 Commercial and multi-family 8,601 8,721 Construction 2,847 -Commercial business(1) 3,132 5,383 Home equity(2) 27 556 Total$ 14,889 $ 16,396 __________(1) Includes business lines of credit.(2) Includes home equity lines of credit.
Impaired Loans | The following table summarizes the recorded investment and unpaid principal balances of impaired loans for the years ended December 31, 2021 and December 31, 2020. (In Thousands): As of December 31, 2021 As of December 31, 2020 Recorded Unpaid Principal Related Recorded Unpaid Principal Related Investment Balance Allowance Investment Balance AllowanceLoans with no related allowance: Residential one-to-four family$ 2,950 $ 3,300 $ - $ 4,084 $ 4,660 $ -Commercial and multi-family 20,915 22,100 - 57,558 58,739 -Commercial business(1) 2,114 6,905 - 5,844 17,687 -Home equity(2) 779 780 - 1,124 1,126 -Total Impaired Loans with no related allowance recorded:$ 26,758 $ 33,085 $ - $ 68,610 $ 82,212 $ - Loans with an allowance recorded: Residential one-to-four family$ 2,011 $ 2,032 $ 265 $ 3,197 $ 3,252 $ 416Commercial and Multi-family 10,830 14,494 1,690 4,296 4,501 378Construction 2,847 2,847 210 - - -Commercial business(1) 6,632 17,514 5,650 6,648 12,511 3,640Home equity(2) 304 304 13 450 458 27Total Impaired Loans with an allowance recorded:$ 22,624 $ 37,191 $ 7,828 $ 14,591 $ 20,722 $ 4,461 Total Impaired Loans:$ 49,382 $ 70,276 $ 7,828 $ 83,201 $ 102,934 $ 4,461 (1) Includes business lines of credit.(2) Includes home equity lines of credit. Note 5- Loans Receivable and Allowance for Loan Losses (continued) The following table summarizes the average recorded investment and actual interest income recognized on impaired loans for the years ended December 31, 2021 and December 31, 2020 (In Thousands). Years Ended December 31, 2021 2021 2020 2020 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment RecognizedLoans with no related allowance recorded: Residential one-to-four family$ 2,968 $ 145 $ 4,511 $ 159 Commercial and multi-family 28,189 1,073 21,871 760 Construction 697 36 - -Commercial business(1) 2,886 182 4,117 313 Home equity(2) 981 44 1,100 34 Total Impaired Loans with no allowance recorded:$ 35,721 $ 1,480 $ 31,599 $ 1,266 Loans with an allowance recorded: Residential one-to-four family$ 2,230 $ 231 $ 3,585 $ 83 Commercial and Multi-family 11,111 380 1,993 76 Construction 2,105 9 - -Commercial business(1) 7,949 164 3,477 258 Home equity(2) 352 2 442 12 Total Impaired Loans with an allowance recorded:$ 23,747 $ 786 $ 9,497 $ 429 Total Impaired Loans:$ 59,468 $ 2,266 $ 41,096 $ 1,695 __________(1) Includes business lines of credit.(2) Includes home equity lines of credit.
Troubled Debt Restructurings | At December 31, 2021 At December 31, 2020 (In thousands)Recorded investment in TDRs: Accrual status $ 12,402 $ 13,760Non-accrual status 3,570 2,303 Total recorded investment in TDRs $ 15,972 $ 16,063 The following tables summarize information with regard to troubled debt restructurings which occurred during the years ended December 31, 2021 and 2020 (Dollars in Thousands). Year Ended December 31, 2021 Pre-ModificationOutstanding Post-ModificationOutstanding Number of ‎Contracts Recorded Investments Recorded InvestmentsCommercial and multi-family 2 3,261 3,169 Commercial business 2 130 120 Home equity 1 96 95 Total 5 $ 3,487 $ 3,384 Pre-Modification‎ Outstanding Post-Modification‎ Outstanding Year Ended December 31, 2020 Number of‎Contracts Recorded Investments Recorded InvestmentsResidential one-to-four family 3 615 580 Commercial business(1) 3 428 387 Home equity(2) 3 162 161 Total 9 $ 1,205 $ 1,128
Delinquency Status of Total Loans | The following table sets forth the delinquency status of total loans receivable at December 31, 2021: Loans Receivable 30-59 Days 60-90 Days Greater Than Total Past Total Loans >90 Days Past Due Past Due 90 Days Due Current Receivable and Accruing (In Thousands)Residential one-to-four family$ 1,063 $ - $ 86 $ 1,149 $ 223,385 $ 224,534 $ -Commercial and multi-family 1,181 - 5,167 6,348 1,713,826 1,720,174 -Construction 2,899 - 2,847 5,746 148,158 153,904 -Commercial business(1) 405 166 6,775 7,346 183,793 191,139 3,124 Home equity(2) 190 - 27 217 50,252 50,469 -Consumer - - - - 3,717 3,717 -Total$ 5,738 $ 166 $ 14,902 $ 20,806 $ 2,323,131 $ 2,343,937 $ 3,124 __________(1) Includes business lines of credit.(2) Includes home equity lines of credit. The following table sets forth the delinquency status of total loans receivable at December 31, 2020: Loans Receivable 30-59 Days 60-90 Days Greater Than Total Past Total Loans >90 Days Past Due Past Due 90 Days Due Current Receivable and Accruing (In Thousands)Residential one-to-four family$ 507 $ 266 $ 664 $ 1,437 $ 242,932 $ 244,369 $ 125 Commercial and multi-family 15,910 2,996 1,334 20,240 1,670,596 1,690,836 -Construction - - - - 155,967 155,967 -Commercial business(1) 3,889 904 3,354 8,147 176,210 184,357 133 Home equity(2) 541 12 502 1,055 52,612 53,667 75 Consumer - - - - 822 822 -Total$ 20,847 $ 4,178 $ 5,854 $ 30,879 $ 2,299,139 $ 2,330,018 $ 333 __________(1) Includes business lines of credit.(2) Includes home equity lines of credit.
Loan Portfolio by Pass Rating | The following table presents the loan portfolio types summarized by the aggregate pass rating and the classified ratings of special mention, substandard, doubtful, and loss within the Company’s internal risk rating system as of December 31, 2021 and 2020. (In Thousands): Pass Special Mention Substandard Doubtful Loss TotalDecember 31, 2021 Residential one-to-four family$ 223,660 $ 505 $ 369 $ - $ - $ 224,534 Commercial and multi-family 1,647,701 45,087 27,386 - - 1,720,174 Construction 151,057 - 2,847 - - 153,904 Commercial business(1) 178,056 4,767 8,316 - - 191,139 Home equity(2) 50,230 - 239 - - 50,469 Consumer 3,717 - - - - 3,717 Total Gross Loans$ 2,254,421 $ 50,359 $ 39,157 $ - $ - $ 2,343,937 __________(1) Includes business lines of credit.(2) Includes home equity lines of credit. Pass Special Mention Substandard Doubtful Loss TotalDecember 31, 2020 Residential one-to-four family$ 241,237 $ 1,087 $ 2,045 $ - $ - $ 244,369 Commercial and multi-family 1,631,838 2,152 56,846 - - 1,690,836 Construction 155,967 - - - - 155,967 Commercial business(1) 173,833 1,497 9,027 - - 184,357 Home equity(2) 53,005 - 662 - - 53,667 Consumer 822 - - - - 822 Total Gross Loans$ 2,256,702 $ 4,736 $ 68,580 $ - $ - $ 2,330,018 __________(1) Includes business lines of credit.(2) Includes home equity lines of credit

X
- Definition Schedule Of Acquired Loans Included In Loans Receivable In Balance Sheet [Table Text Block] + References No definition available. + Details
Name: | bcbp_ScheduleOfAcquiredLoansIncludedInLoansReceivableInBalanceSheetTableTextBlock
Namespace Prefix: | bcbp_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of contractual cash flows to the carrying amount relating to certain loans acquired in a transfer. + References No definition available. + Details
Name: | us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919230-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953659-111524 + Details
Name: | us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of impaired financing receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123577603&loc=d3e5212-111524 + Details
Name: | us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of aging analysis for financing receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919253-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7A -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953401-111524 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 80 -URI http://asc.fasb.org/extlink&oid=124267575&loc=SL82922355-210448 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=123577603&loc=d3e5111-111524 + Details
Name: | us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable on nonaccrual status. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=123577603&loc=d3e5111-111524 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919258-210447 + Details
Name: | us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable modified as troubled debt restructuring. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953676-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953682-111524 + Details
Name: | us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration