XML 55 R40.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Income Taxes [Abstract] |
Components of Income Tax Expense |
| Years Ended December 31,
|  | 2024 |  |  | 2023 |  |  | 2022
| (In Thousands)
Current income tax expense: |  |  |  |  |  |  |  |
Federal | $ | 4,529 |  | $ | 8,917 |  | $ | 12,323
State |  | 2,860 |  |  | 5,592 |  |  | 6,215
|  | 7,389 |  |  | 14,509 |  |  | 18,538
Deferred income tax benefit: |  |  |  |  |  |  |  |
Federal |  | 351 |  |  | (1,634) |  |  | (967)
State |  | (93) |  |  | (903) |  |  | (40)
|  | 258 |  |  | (2,537) |  |  | (1,007)
Total Income Tax Expense | $ | 7,647 |  | $ | 11,972 |  | $ | 17,531
Deferred Tax Assets and Liabilities |
| December 31,
|  | 2024 |  |  | 2023
Deferred income tax assets: | (In Thousands)
Allowance for credit losses | $ | 10,176 |  | $ | 9,805
Benefit plans |  | 7 |  |  | -
Nonaccrual interest |  | 749 |  |  | 176
Benefit plan-accumulated other comprehensive loss |  | 10 |  |  | 166
Net operating loss carry forwards |  | 1,070 |  |  | 1,166
Lease liability |  | 3,756 |  |  | 3,806
Unrealized loss on securities |  | 2,149 |  |  | 2,860
Capital loss carryover (1) |  | 477 |  |  | 477
Deferred fees and costs |  | 782 |  |  | 1,168
Other |  | 2,077 |  |  | 3,002
|  | 21,253 |  |  | 22,626
Deferred income tax liabilities: |  |  |  |  |
Purchase accounting adjustment on premises and equipment acquired |  | 69 |  |  | 71
Right-of-use assets |  | 3,626 |  |  | 3,697
SBA servicing asset |  | 252 |  |  | 319
Borrowing modification |  | 125 |  |  | 282
Benefit plans |  | - |  |  | 44
|  | 4,072 |  |  | 4,413
Net Deferred Tax Asset | $ | 17,181 |  | $ | 18,213
(1) Tax benefit relating to capital loss on securities sold in 2023 which will expire in 2028.
Summary of Change in Net Deferred Tax Asset |
| Years Ended December 31,
|  | 2024 |  |  | 2023
| (In Thousands)
Balance at beginning of year: | $ | 18,213 |  | $ | 16,462
Effect of adopting ASU No. 2016-13 ("CECL") |  | - |  |  | (1,148)
Deferred tax benefit |  | (258) |  |  | 2,537
Other comprehensive income |  |  |  |  |
Available-for-sale securities |  | (618) |  |  | 355
Benefit plan |  | (156) |  |  | 7
Balance at end of year | $ | 17,181 |  | $ | 18,213
Effective Income Tax Rate Reconciliation |
| Years Ended December 31,
|  | 2024 |  |  |  | 2023 |  |  |  | 2022 |
| (In Thousands)
Federal income tax expense at statutory rate | $ | 5,517 |  |  | $ | 8,706 |  |  | $ | 13,253 |
Increases (decreases) in income taxes resulting from: |  |  |  |  |  |  |  |  |  |  |
State income tax, net of federal income tax effect |  | 2,186 |  |  |  | 3,704 |  |  |  | 4,878 |
Tax-exempt income |  | (13) |  |  |  | (30) |  |  |  | (63) |
Bank-owned life insurance earnings |  | (553) |  |  |  | (368) |  |  |  | (561) |
Other items, net |  | 510 |  |  |  | (40) |  |  |  | 24 |
Effective Income Tax Expense | $ | 7,647 |  |  | $ | 11,972 |  |  | $ | 17,531 |
Effective Income Tax Rate |  | 29.1 | % |  |  | 28.9 | % |  |  | 27.8 | %

X
- Definition Summary Of Change In Deferred Tax Assets Liabilities [Table Text Block] + References No definition available. + Details
Name: | bcbp_SummaryOfChangeInDeferredTaxAssetsLiabilitiesTableTextBlock
Namespace Prefix: | bcbp_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-2 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 231 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-231 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration