BCB Bancorp Inc. Enters Material Definitive Agreement
Ticker: BCBP · Form: 8-K · Filed: Aug 29, 2024 · CIK: 1228454
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
Related Tickers: BCBP
TL;DR
BCB Bancorp just signed a big financial deal, watch their balance sheet.
AI Summary
On August 28, 2024, BCB Bancorp, Inc. entered into a Material Definitive Agreement related to a direct financial obligation. The filing details the creation of this obligation, which is a significant event for the company's financial structure.
Why It Matters
This filing indicates a new financial commitment or obligation for BCB Bancorp, Inc., which could impact its balance sheet and future financial flexibility.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce new risks related to debt, interest rates, or counterparty performance.
Key Players & Entities
- BCB BANCORP, INC. (company) — Registrant
- August 28, 2024 (date) — Date of earliest event reported
- New Jersey (location) — State of Incorporation
- 0-50275 (other) — Commission File Number
- 26-0065262 (other) — IRS Employer Identification No.
- 104-110 Avenue C (address) — Principal Executive Offices
- Bayonne (location) — City of Principal Executive Offices
- 07002 (zip_code) — Zip Code of Principal Executive Offices
- (201) 823-0700 (phone_number) — Registrant's telephone number
FAQ
What type of material definitive agreement did BCB Bancorp, Inc. enter into?
The filing indicates the entry into a Material Definitive Agreement and the creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, but the specific details of the agreement are not provided in this excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on August 28, 2024.
What is BCB Bancorp, Inc.'s state of incorporation?
BCB Bancorp, Inc. is incorporated in New Jersey.
What is the principal executive office address for BCB Bancorp, Inc.?
The principal executive office is located at 104-110 Avenue C, Bayonne, New Jersey 07002.
What is the Commission File Number for BCB Bancorp, Inc.?
The Commission File Number for BCB Bancorp, Inc. is 0-50275.
Filing Stats: 1,136 words · 5 min read · ~4 pages · Grade level 11.8 · Accepted 2024-08-29 08:11:00
Key Financial Figures
- $40.0 million — nt to which the Company issued and sold $40.0 million in aggregate principal amount of its 9.
Filing Documents
- d883202d8k.htm (8-K) — 34KB
- d883202dex41.htm (EX-4.1) — 562KB
- d883202dex101.htm (EX-10.1) — 123KB
- d883202dex102.htm (EX-10.2) — 124KB
- d883202dex991.htm (EX-99.1) — 13KB
- g883202snap1.jpg (GRAPHIC) — 2KB
- g883202snap3.jpg (GRAPHIC) — 4KB
- 0001193125-24-209304.txt ( ) — 1185KB
- bcbp-20240828.xsd (EX-101.SCH) — 3KB
- bcbp-20240828_lab.xml (EX-101.LAB) — 17KB
- bcbp-20240828_pre.xml (EX-101.PRE) — 11KB
- d883202d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. The following Exhibits are attached as part of this report. Exhibit Number Description 4.1 Indenture, dated August 28, 2024, between BCB Bancorp, Inc. and UMB Bank, National Association, as trustee 4.2 Form of Subordinated Note (incorporated by reference to Exhibit A-2 to Exhibit 4.1) 10.1 Form of Subordinated Note Purchase Agreement 10.2 Form of Registration Rights Agreement 99.1 Press Release, dated August 28, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BCB BANCORP, INC. DATE: August 29, 2024 By: /s/ Jawad Chaudhry Jawad Chaudhry Executive Vice President and Chief Financial Officer (Duly Authorized Representative) 4