BCB Bancorp Inc. announced unaudited consolidated earnings results for the year ended December 31, 2009. For the year, the company reported total interest income of $34.3 million compared to $36.6 million for the same period last year. The companys net interest income decreased by $576,000 or 2.9% to $19.4 million from $20.0 million for the year ended December 31, 2008. The decrease in net interest income resulted primarily from a decrease in the average yield on interest earning assets to 5.74% for the year ended December 31, 2009 from 6.49% for the year ended December 31, 2008. Net interest Income after provision for loan losses was $17.8 million compared to $18.6 million for the same period last year. Income before income taxes was $6.6 million compared to $5.3 million for the same period last year. The company reported increase in net earnings of $276,000 or 8.0% to $3.75 from $3.47 million for the year ended December 31, 2008. Basic and diluted earnings per share were $0.81 and $0.80, respectively compared to $0.75 and $0.74 respectively for the year ended December 31, 2008. The increase in net income resulted primarily from an increase in non-interest income, partially offset by a decrease in net interest income and increases in the provision for loan losses, non-interest expense and income taxes. The board of directors of the company declared a quarterly cash dividend of $0.12 per share, payable on February 15, 2010.

BCB Bancorp Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company has posted net earnings of $1.21 million compared to a loss of $1.25 million for the quarter ended September 30, 2008. Basic and diluted earnings per share were $0.26 as compared to basic loss per share of $0.27 and diluted loss per share of $0.27, respectively for the three months ended September 30, 2008. The increase in net income resulted from an increase in non-interest income and a decrease in income taxes, partially offset by a decrease in net interest income and an increase in total non-interest expense. Net interest income decreased by $197,000 or 3.8% to $5.0 million from $5.2 million for the three months ended September 30, 2008. This decrease in net interest income resulted primarily from a decrease in the average yield on interest earning assets to 5.75% for the three months ended September 30, 2009 from 6.54% for the three months ended September 30, 2008, partially offset by an increase of $37.0 million or 6.5% in the average balance of interest earning assets to $606.3 million for the three months ended September 30, 2009 from $569.3 million for the three months ended September 30, 2008. EBIT was $1.9 million compared to LBIT of $0.3 million for the same period a year ago. Total interest income was $8.7 million compared to $9.3 million for the same period a year ago. For the nine months, the company reported net earnings of $3.32 million as compared to $1.33 million for the nine months ended September 30, 2008. Basic and diluted earnings per share were $0.71 as compared to $0.29 and $0.28, respectively, for the nine months ended September 30, 2008. The increase in net income was due to an increase in non-interest income and a decrease in income taxes, partially offset by a decrease in net interest income and increases in the provision for loan losses and non-interest expense. Net interest income decreased by $487,000 or 3.3% to $14.3 million for the nine months ended September 30, 2009 from $14.8 million for the nine months ended September 30, 2008. This decrease in net interest income resulted primarily from a decrease in the average yield on interest earning assets to 5.81% for the nine months ended September 30, 2009 from 6.51% for the nine months ended September 30, 2008, partially offset by an increase of $31.9 million or 5.7% in the average balance of interest earning assets to $592.6 million for the nine months ended September 30, 2009 from $560.7 million for the nine months ended September 30, 2008. EBIT was $5.3 million compared to EBIT of $3.6 million for the same period a year ago. Total interest income was $25.8 million compared to $27.4 million for the same period a year ago. The Board of Directors unanimously approved a cash dividend payment of $0.12 per common share for shareholders of record as of October 30, 2009 payable on November 16, 2009.

On October 1, 2009, BCB Bancorp Inc. was notified that the audit practice of Beard Miller Company LLP, an independent registered public accounting firm, was combined with ParenteBeard LLC in a transaction pursuant to which Beard combined its operations with ParenteBeard. On October 1, 2009, Beard resigned as the auditors of the Company and with the approval of the Audit Committee of the Company's Board of Directors, ParenteBeard was engaged as its independent registered public accounting firm.

BCB Bancorp, Inc., Announces Increase in Annual Earnings

BCB BANCORP INC Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial Statem

BCB Bancorp, Inc., Announces Increase in Annual Earnings

BCB BANCORP INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits

BCB BANCORP INC Files SEC form 8-K, Other Events

BCB BANCORP INC Files SEC form 8-K, Financial Statements and Exhibits

BCB BANCORP INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits

BCB Bancorp, Inc. and Pamrapo Bancorp, Inc. Jointly Announce a Strategic Merger

BCB BANCORP INC Files SEC form 8-K, Other Events

BCB BANCORP INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statements an

BCB BANCORP INC Files SEC form 8-K, Changes in Registrant's Certifying Accountant, Financial Statements and Exhibits

BCB Bancorp, Inc., Announces an Increase in Quarterly Earnings, Quarterly Cash Dividend

BCB BANCORP INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibits