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	FY2021 Year ended Dec 31, 2021	FY2020 Year ended Dec 31, 2020	FY2019 Year ended Dec 31, 2019	FY2018 Year ended Dec 31, 2018
Interest income:
Loans	184,832	183,932	181,638	160,911	158,217	146,570	136,133	127,591
Mortgage-backed securities	55,608	29,406	14,708	12,461	10,640	16,572	19,710	12,987
Other securities	—	—	—	—	—	—	—	4,112
Other securities	2,000	11,459	5,087	4,325	1,965	2,871	6,331	—
FHLB of New York dividends	3,128	3,704	3,113	1,174	1,279	1,825	1,618	1,683
Deposits in other financial institutions	3,528	9,407	4,249	817	197	307	1,351	919
Total interest income	249,096	237,908	208,795	179,688	172,298	168,145	165,143	147,292
Interest expense:
Deposits	78,885	82,272	48,753	10,289	6,207	25,230	41,328	27,741
Borrowings	29,525	37,822	32,055	9,296	10,442	13,107	12,030	8,309
Subordinated debt	3,320	3,329	3,320	1,797	—	—	—	—
Total interest expense	—	—	84,128	21,382	16,649	38,337	53,358	36,050
Total interest expense	111,730	123,423	—	—	—	—	—	—
Net interest income	137,366	114,485	124,667	158,306	155,649	129,808	111,785	111,242
(Benefit)/provision for credit losses	—	—	—	—	(6,184)	12,742	22	2,615
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	161,833	117,066	111,763	108,627
Non-interest income:
Fees and service charges for customer services	—	—	—	—	—	—	—	4,877
Fees and service charges for customer services	6,870	6,430	5,479	5,705	5,394	3,967	4,881	—
Income on bank-owned life insurance	7,069	4,216	3,631	3,414	4,103	3,774	7,023	3,705
Losses/(gains) on securities, net	—	—	—	—	—	—	—	(701)
Losses on available-for-sale debt securities, net	0	(6)	(17)	279	1,495	327	514	—
Gains on trading securities, net	1,694	1,665	1,721	(2,206)	1,703	1,601	1,988	—
Gains on sale of loans	0	51	134	453	1,401	665	—	—
Gain on sale of property	0	3,402	—	—	—	—	—	—
Other	1,317	1,064	948	338	357	1,138	402	246
Total non-interest income	16,950	16,822	11,896	7,983	14,453	11,472	14,808	8,127
Non-interest expense:
Compensation and employee benefits	51,370	49,338	46,496	41,961	43,677	41,437	39,571	34,802
Occupancy	13,075	13,058	13,259	13,241	13,956	15,152	13,676	12,096
Furniture and equipment	1,625	1,847	1,868	1,730	1,737	1,519	1,085	1,004
Data processing	9,242	8,025	8,138	7,415	6,784	8,123	5,679	5,011
Professional fees	3,575	3,195	3,406	3,846	3,596	4,141	3,545	3,482
Advertising	1,433	1,569	2,171	2,159	2,358	2,088	3,442	2,726
Federal Deposit Insurance Corporation (FDIC) insurance	2,396	2,488	2,331	1,407	1,365	885	563	1,065
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	5,686	5,168	5,988	6,857
Total non-interest expense	129,863	86,525	83,450	76,948	79,159	78,513	73,549	67,043
Income before income tax expense	—	—	—	—	—	50,025	53,022	49,711
Income before income tax expense	17,051	40,501	51,760	84,859	97,127	—	—	—
Income tax expense	16,255	10,556	14,091	23,740	26,473	13,037	12,787	9,632
Net income	796	29,945	37,669	61,119	70,654	36,988	40,235	40,079
Net income per common share:
Basic (usd per share)	0.02	0.72	0.86	1.32	1.46	0.76	0.86	0.87
Diluted (usd per share)	0.02	0.72	0.86	1.32	1.45	0.76	0.85	0.85
Basic weighted average shares outstanding (in shares)	40,116,839	41,567,370	43,560,844	46,234,122	48,416,495	48,721,504	46,783,442	46,319,760
Diluted weighted average shares outstanding (in shares)	40,173,403	41,628,660	43,638,616	46,438,119	48,754,263	48,785,963	47,163,804	47,107,433
Other comprehensive income:
Unrealized gains on debt securities available-for-sale:
Net unrealized holding gains	22,875	16,055	22,396	(69,876)	(13,916)	12,077	19,666	(5,203)
Less: reclassification adjustment for net losses included in net income	0	6	17	(279)	(1,495)	(327)	(514)	(178)
Net unrealized gains	22,875	16,061	22,413	(70,155)	(15,411)	11,750	19,152	(5,381)
Post-retirement benefits adjustment	81	(13)	(344)	172	0	0	77	240
Other comprehensive income, before tax	22,956	16,048	22,069	(69,983)	(15,411)	11,750	19,229	(5,141)
Income tax expense related to net unrealized holding gains on debt securities available-for-sale	(6,856)	(4,490)	(6,269)	19,558	3,895	(3,380)	(5,505)	1,462
Income tax benefit related to reclassification adjustment for losses included in net income	0	(2)	(5)	79	419	91	144	50
Income tax (benefit) expense related to post-retirement benefits adjustment	(24)	4	94	(48)	0	0	(22)	(67)
Other comprehensive income, net of tax	16,076	11,560	15,889	(50,394)	(11,097)	8,461	13,846	(3,696)
Comprehensive income	16,872	41,505	53,558	10,725	59,557	45,449	54,081	36,383

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