For the year ending 2025-12-31, NFBK made $6,870K in revenue. $16,872K in net income. Net profit margin of 245.59%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Fees and service charges for customer services | 6,870 | 6,430 | ||
| Income on bank-owned life insurance | 7,069 | 4,216 | ||
| Losses on available-for-sale debt securities, net | 0 | -6 | ||
| Gains on trading securities, net | 1,694 | 1,665 | ||
| Gains on sale of loans | 0 | 51 | ||
| Gain on sale of property | 0 | 3,402 | ||
| Other | 1,317 | 1,064 | ||
| Total non-interest income | 16,950 | 16,822 | ||
| Loans | 184,832 | 183,932 | ||
| Mortgage-backed securities | 55,608 | 29,406 | ||
| Other securities | 2,000 | 11,459 | ||
| Fhlb of new york dividends | 3,128 | 3,704 | ||
| Deposits in other financial institutions | 3,528 | 9,407 | ||
| Total interest income | 249,096 | 237,908 | ||
| Deposits | 78,885 | 82,272 | ||
| Borrowings | 29,525 | 37,822 | ||
| Subordinated debt | 3,320 | 3,329 | ||
| Total interest expense | 111,730 | 123,423 | ||
| Net interest income | 137,366 | 114,485 | ||
| Provision for credit losses | 7,402 | 4,281 | ||
| Net interest income after provision for credit losses | 129,964 | 110,204 | ||
| Compensation and employee benefits | 51,370 | 49,338 | ||
| Occupancy | 13,075 | 13,058 | ||
| Furniture and equipment | 1,625 | 1,847 | ||
| Data processing | 9,242 | 8,025 | ||
| Professional fees | 3,575 | 3,195 | ||
| Advertising | 1,433 | 1,569 | ||
| Federal deposit insurance corporation (fdic) insurance | 2,396 | 2,488 | ||
| Credit (benefit) loss expense for off-balance sheet exposures | -228 | 282 | ||
| Impairment of goodwill | 41,012 | - | ||
| Other | 6,363 | 6,723 | ||
| Total non-interest expense | 129,863 | 86,525 | ||
| Income before income tax expense | 17,051 | 40,501 | ||
| Income tax expense | 16,255 | 10,556 | ||
| Net income | 796 | 29,945 | ||
| Net unrealized holding gains | 22,875 | 16,055 | ||
| Less reclassification adjustment for net losses included in net income | 0 | -6 | ||
| Net unrealized gains | 22,875 | 16,061 | ||
| Post-retirement benefits adjustment | -81 | 13 | ||
| Other comprehensive income, before tax | 22,956 | 16,048 | ||
| Income tax expense related to net unrealized holding gains on debt securities available-for-sale | 6,856 | 4,490 | ||
| Income tax benefit related to reclassification adjustment for losses included in net income | 0 | -2 | ||
| Income tax (benefit) expense related to post-retirement benefits adjustment | -24 | 4 | ||
| Other comprehensive income, net of tax | 16,076 | 11,560 | ||
| Comprehensive income | 16,872 | 41,505 | ||
| Basic EPS | 0.02 | 0.72 | ||
| Diluted EPS | 0.02 | 0.72 | ||
| Basic Average Shares | 40,116,839 | 41,567,370 | ||
| Diluted Average Shares | 40,173,403 | 41,628,660 | ||
Northfield Bancorp, Inc. (NFBK)
Northfield Bancorp, Inc. (NFBK)