For the quarter ending 2025-09-30, BLFY has $2,155,792K in assets. $1,841,395K in debts. $44,086K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 44,086 | 41,877 | ||
| Securities available-for-sale, at fair value | 273,941 | 284,239 | ||
| Gross unrealized gains-Corporate Bond Securities | 0 | - | ||
| Gross unrealized losses-Corporate Bond Securities | 1,284 | - | ||
| Estimated fair value-Corporate Bond Securities | 17,316 | - | ||
| Gross unrealized gains-Asset Backed Securities | 0 | - | ||
| Gross unrealized losses-Asset Backed Securities | 547 | - | ||
| Estimated fair value-Asset Backed Securities | 8,003 | - | ||
| Amortized cost | 27,150 | - | ||
| Allowance for credit loss | 100 | - | ||
| Securities held-to-maturity, net (fair value of 25,319 at september30, 2025 and 29,995 at december31, 2024, and allowance for credit losses of 100 at september30, 2025 and 98 at december31, 2024) | 27,050 | 29,062 | ||
| Fhlb stock and other investments | 16,309 | 18,112 | ||
| Total | 1,714,915 | - | ||
| Less allowance for credit losses | 13,834 | - | ||
| Loans receivable, net of allowance for credit losses of 13,834 at september30, 2025 and 12,965 at december31, 2024 | 1,701,081 | 1,659,732 | ||
| Interest and dividends receivable | 9,237 | 8,817 | ||
| Premises and equipment, net | 27,523 | 28,187 | ||
| Right-of-use assets | 21,422 | 22,101 | ||
| Bank owned life insurance | 22,888 | 22,761 | ||
| Other assets | 12,255 | 12,616 | ||
| Total assets | 2,155,792 | 2,127,504 | ||
| Non-interest bearing deposits | 24,951 | - | ||
| Now and demand accounts | 457,072 | - | ||
| Savings | 222,137 | - | ||
| Time deposits | 789,220 | - | ||
| Deposits | 1,493,380 | 1,416,321 | ||
| Advances from the federal home loan bank | 301,000 | 343,000 | ||
| Advances by borrowers for taxes and insurance | 9,980 | 10,079 | ||
| Lease liabilities | 23,147 | 23,820 | ||
| Other liabilities | 13,888 | 12,984 | ||
| Total liabilities | 1,841,395 | 1,806,204 | ||
| Common stock 0.01 par value 70,000,000 shares authorized 28,522,500 shares issued at september30, 2025 and december31, 2024 20,761,225 and 22,522,626 shares outstanding at september30, 2025 and december31, 2024, respectively | 285 | 285 | ||
| Additional paid-in capital | 279,902 | 279,224 | ||
| Retained earnings | 145,912 | 147,780 | ||
| Treasury stock, at cost 7,761,275 and 5,999,874 shares at september30, 2025 and december31, 2024, respectively | 76,350 | 68,733 | ||
| Unallocated common shares held by employee stock ownership plan | 18,483 | 18,711 | ||
| Accumulated other comprehensive loss | -16,869 | -18,545 | ||
| Total shareholders equity | 314,397 | 321,300 | ||
| Total liabilities and shareholders equity | 2,155,792 | 2,127,504 | ||
Blue Foundry Bancorp (BLFY)
Blue Foundry Bancorp (BLFY)