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 |
| Provision for (release of) credit losses | 2,123 | (1,350) | (441) | (1,001) |
| 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 | 0 |
| 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 |
| Occupancy and equipment | 9,091 | 8,878 | 8,350 | 7,625 |
| Data processing | 5,994 | 5,648 | 6,119 | 5,754 |
| 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 | — | — | 0 | (311) |
| Federal deposit insurance | 920 | 855 | 799 | 381 |
| 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.