BLFY · As filed with the SEC

Blue Foundry Bancorp income statement, by fiscal year

The statement as Blue Foundry Bancorp presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Consolidated Statements of Operations · USD thousands, except per-share amounts

USD thousands, except per-share amounts	FY2025 Year ended Dec 31, 2025	FY2024 Year ended Dec 31, 2024	FY2023 Year ended Dec 31, 2023	FY2022 Year ended Dec 31, 2022
Interest income:
Loans	80,716	70,185	65,685	52,279
Taxable investment income	14,447	15,122	12,990	9,678
Non-taxable investment income	143	144	430	456
Total interest income	95,306	85,451	79,105	62,413
Interest expense:
Deposits	37,047	36,830	24,116	5,738
Borrowed funds	10,875	11,071	13,070	4,832
Total interest expense	—	—	37,186	10,570
Total interest expense	47,922	47,901	—	—
Net interest income	47,384	37,550	41,919	51,843
Release of provision for loan losses	—	—	—	(1,001)
Provision for (release of) credit losses	2,123	(1,350)	(441)	—
Net interest income after provision for (release of) credit losses	45,261	38,900	42,360	52,844
Non-interest income:
Fees and service charges	1,089	1,203	1,164	2,156
Gain on securities, net	—	0	20	14
Gain on sale of loans	0	36	231	—
Other income	594	555	390	494
Total non-interest income	1,683	1,794	1,805	2,664
Non-interest expense:
Compensation and benefits	31,935	29,433	28,439	29,247
Loss on pension withdrawal	—	—	—	0
Occupancy and equipment	9,091	8,878	8,350	7,625
Data processing	5,994	5,648	6,119	5,754
Debt extinguishment costs	—	—	—	0
Advertising	467	292	354	1,061
Professional services	4,421	2,903	3,021	4,117
(Release of) provision for commitments and letters of credit	—	—	—	(311)
Release of provision for commitments and letters of credit	—	—	0	—
Federal deposit insurance	920	855	799	381
Contribution to Blue Foundry Charitable Foundation	—	—	—	0
Other expense	4,141	4,596	4,480	4,900
Total non-interest expense	56,969	52,605	51,562	52,774
Loss before income tax expense	(10,025)	(11,911)	(7,397)	2,734
Income tax expense	0	0	0	338
Net loss	(10,025)	(11,911)	(7,397)	2,396
Basic loss per share (in dollars per share)	(0.51)	(0.55)	(0.31)	0.09
Diluted loss per share (in dollars per share)	(0.51)	(0.55)	(0.31)	0.09
Weighted average shares outstanding-basic (in shares)	19,646,810	21,477,429	23,925,724	26,165,841
Weighted average shares outstanding-diluted (in shares)	19,646,810	21,477,429	23,925,724	26,270,864

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.