NFBK · As filed with the SEC

Northfield Bancorp income statement, by fiscal year

The statement as Northfield 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 Comprehensive Income · 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	184,832	183,932	181,638	160,911
Mortgage-backed securities	55,608	29,406	14,708	12,461
Other securities	2,000	11,459	5,087	4,325
FHLB of New York dividends	3,128	3,704	3,113	1,174
Deposits in other financial institutions	3,528	9,407	4,249	817
Total interest income	249,096	237,908	208,795	179,688
Interest expense:
Deposits	78,885	82,272	48,753	10,289
Borrowings	29,525	37,822	32,055	9,296
Subordinated debt	3,320	3,329	3,320	1,797
Total interest expense	—	—	84,128	21,382
Total interest expense	111,730	123,423	—	—
Net interest income	137,366	114,485	124,667	158,306
Provision for credit losses	7,402	4,281	1,353	4,482
Net interest income after provision for credit losses	129,964	110,204	123,314	153,824
Non-interest income:
Fees and service charges for customer services	6,870	6,430	5,479	5,705
Income on bank-owned life insurance	7,069	4,216	3,631	3,414
Losses on available-for-sale debt securities, net	0	(6)	(17)	279
Gains on trading securities, net	1,694	1,665	1,721	(2,206)
Gains on sale of loans	0	51	134	453
Gain on sale of property	0	3,402	—	—
Other	1,317	1,064	948	338
Total non-interest income	16,950	16,822	11,896	7,983
Non-interest expense:
Compensation and employee benefits	51,370	49,338	46,496	41,961
Occupancy	13,075	13,058	13,259	13,241
Furniture and equipment	1,625	1,847	1,868	1,730
Data processing	9,242	8,025	8,138	7,415
Professional fees	3,575	3,195	3,406	3,846
Advertising	1,433	1,569	2,171	2,159
Federal Deposit Insurance Corporation (FDIC) insurance	2,396	2,488	2,331	1,407
Credit (benefit) loss expense for off-balance sheet exposures	(228)	282	(555)	(1,061)
Impairment of Goodwill	41,012	—	—	—
Other	6,363	6,723	6,336	6,250
Total non-interest expense	129,863	86,525	83,450	76,948
Income before income tax expense	17,051	40,501	51,760	84,859
Income tax expense	16,255	10,556	14,091	23,740
Net income	796	29,945	37,669	61,119
Net income per common share:
Basic (usd per share)	0.02	0.72	0.86	1.32
Diluted (usd per share)	0.02	0.72	0.86	1.32
Basic weighted average shares outstanding (in shares)	40,116,839	41,567,370	43,560,844	46,234,122
Diluted weighted average shares outstanding (in shares)	40,173,403	41,628,660	43,638,616	46,438,119
Other comprehensive income:
Unrealized gains on debt securities available-for-sale:
Net unrealized holding gains	22,875	16,055	22,396	(69,876)
Less: reclassification adjustment for net losses included in net income	0	6	17	(279)
Net unrealized gains	22,875	16,061	22,413	(70,155)
Post-retirement benefits adjustment	81	(13)	(344)	172
Other comprehensive income, before tax	22,956	16,048	22,069	(69,983)
Income tax expense related to net unrealized holding gains on debt securities available-for-sale	(6,856)	(4,490)	(6,269)	19,558
Income tax benefit related to reclassification adjustment for losses included in net income	0	(2)	(5)	79
Income tax (benefit) expense related to post-retirement benefits adjustment	(24)	4	94	(48)
Other comprehensive income, net of tax	16,076	11,560	15,889	(50,394)
Comprehensive income	16,872	41,505	53,558	10,725

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