Bcb Community Bank Mortgage Rates, Fees & Info
Bayonne, NJLEI: 549300RUVVJLHQM71O74
Tax ID: 22-3760320
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Mortgage Data
Bank Data
Review & Overview
Bcb Community Bank is a smaller bank specializing in Refi and Home Purchase loans. Bcb Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: New York, Providence, Poughkeepsie, Miami, and Philadelphia among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)Bcb Community Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
300Origination Dollar Volume (All Markets)
$142,990,000Employee count
302Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 285 | $136,515,000 | $479,000 | $0 | 0.00% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 2 | $1,430,000 | $715,000 | $0 | 0.00% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 1 | $1,205,000 | $1,205,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $900,000 | $450,000 | $0 | 0.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 3 | $795,000 | $265,000 | $0 | 0.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $785,000 | $785,000 | $0 | 0.00% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $0 | 0.00% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $295,000 | $295,000 | $0 | 0.00% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 300 | $142,990,000 | $476,633 | $0 | 0.00% |
For 2020, Bcb Community Bank's most frequently originated type of loan was Conventional, with 300 originations.
Loan Reason
For 2020, Bcb Community Bank's most frequently cited loan purpose was Refi, with 153 originations. The 2nd most popular reason was Home Purchase, with 88 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 300 | $142,990,000 | $476,633 | $0 | 0.00% |
For 2020, Bcb Community Bank's most frequently cited loan duration was Other, with 300 originations.
Loan Sizing
2020 saw Bcb Community Bank place emphasis on $200k-400k loans with 105 originations, totaling $30,705,000 in origination value.
Applicant Income
Bcb Community Bank lent most frequently to those with incomes in the $150k-250k range, with 68 originations. The second most popular income band? $100k-150k, with 60 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 300 | $142,990,000 | $476,633 | $0 | 0.00% |
Bcb Community Bank lent most frequently to those with DTI ratios of Exempt%, with 300 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.67%
Bcb Community Bank has an average approval rate.
Pick Rate
Approvals leading to origination83.67%
Bcb Community Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 300 | $142,990,000 | $476,633 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 27 | $32,275,000 | $1,195,370 |
| Single Family (1-4 Units):Site-Built | 273 | $110,715,000 | $405,549 |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Bcb Community Bank | 10 Schalks Crossing Road Plainsboro, NJ 8536 | Full Service B&M | $34,903 |
| Bcb Community Bank | 104-110 Avenue C Bayonne, NJ 7002 | Full Service B&M | $169,155 |
| Bcb Community Bank | 1100 Washington Street Hoboken, NJ 7030 | Full Service B&M | $4,134 |
| Bcb Community Bank | 112 Talmadge Road Edison, NJ 8817 | Full Service B&M | $28,044 |
| Bcb Community Bank | 1379 St. Georges Avenue Colonia, NJ 7067 | Full Service B&M | $31,911 |
| Bcb Community Bank | 1452 Route 46 Parsippany, NJ 7054 | Full Service B&M | $34,847 |
| Bcb Community Bank | 1500 Forest Avenue Staten Island, NY 10302 | Full Service B&M | $52,673 |
| Bcb Community Bank | 160 Maplewood Avenue Maplewood, NJ 7040 | Full Service B&M | $31,596 |
| Bcb Community Bank | 1630 Oak Tree Road Edison, NJ 8820 | Full Service B&M | $115,030 |
| Bcb Community Bank | 165 Passaic Avenue Fairfield, NJ 7004 | Full Service B&M | $82,014 |
| Bcb Community Bank | 181 Avenue A Bayonne, NJ 7002 | Full Service B&M | $14,803 |
| Bcb Community Bank | 190 Park Avenue Rutherford, NJ 7070 | Full Service B&M | $208,864 |
| Bcb Community Bank | 2 Arnot Street Lodi, NJ 7644 | Full Service B&M | $33,272 |
| Bcb Community Bank | 200 Valley Street South Orange, NJ 7079 | Full Service B&M | $56,567 |
| Bcb Community Bank | 2000 Morris Avenue Union, NJ 7083 | Full Service B&M | $84,574 |
| Bcb Community Bank | 211 Washington Street Jersey City, NJ 7302 | Full Service B&M | $110,025 |
| Bcb Community Bank | 356 New Dorp Lane Staten Island, NY 10306 | Full Service B&M | $52,009 |
| Bcb Community Bank | 378 Amboy Ave. Woodbridge, NJ 7095 | Full Service B&M | $101,774 |
| Bcb Community Bank | 401 Washington St Hoboken, NJ 7030 | Full Service B&M | $208,967 |
| Bcb Community Bank | 473 Spotswood/Englishtown Rd Monroe Township, NJ 8831 | Full Service B&M | $136,686 |
| Bcb Community Bank | 508 Broadway Bayonne, NJ 7002 | Full Service B&M | $108,490 |
| Bcb Community Bank | 611 Avenue C Bayonne, NJ 7002 | Full Service B&M | $160,646 |
| Bcb Community Bank | 626 Laurel Avenue Holmdel, NJ 7733 | Full Service B&M | $61,798 |
| Bcb Community Bank | 70 Broadway Hicksville, NY 11801 | Full Service Retail | $30,003 |
| Bcb Community Bank | 734 Ridge Road Lyndhurst, NJ 7071 | Full Service B&M | $67,880 |
| Bcb Community Bank | 781 Newark Avenue Jersey City, NJ 7306 | Full Service B&M | $46,672 |
| Bcb Community Bank | 801 Roosevelt Avenue Carteret, NJ 7008 | Full Service B&M | $15,211 |
| Bcb Community Bank | 860 Broadway Bayonne, NJ 7002 | Full Service B&M | $322,825 |
| Bcb Community Bank | 876 Kinderkamack Road River Edge, NJ 7661 | Full Service B&M | $12,514 |
| Bcb Community Bank | 987 Broadway Bayonne, NJ 7002 | Full Service B&M | $27,477 |
For 2020, Bcb Community Bank had 30 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $114,176 |
| Net interest income | $83,414 |
| Total noninterest income | $8,985 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $2,020 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $6,965 |
| Pre-tax net operating income | $29,212 |
| Securities gains (or losses, -) | $2,754 |
| Income before extraordinary items | $22,635 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $22,635 |
| Minority interest net income | $0 |
| Net income | $22,635 |
| Sale, conversion, retirement of capital stock, net | $1,195 |
| Net operating income | $20,459 |
Bcb Community Bank's gross interest income from loans was $114,176,000.
Bcb Community Bank's net interest income from loans was $83,414,000.
Bcb Community Bank's fee based income from loans was $2,020,000.
Bcb Community Bank's net income from loans was $22,635,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $30,762 |
| Provision for credit losses | $9,441 |
| Total noninterest expense | $53,746 |
| Salaries and employee benefits | $25,916 |
| Premises and equipment expense | $11,748 |
| Additional noninterest expense | $16,082 |
| Applicable income taxes | $9,331 |
| Net charge-offs | $-464 |
| Cash dividends | $17,327 |
Bcb Community Bank's interest expense for loans was $30,762,000.
Bcb Community Bank's payroll and benefits expense were $25,916,000.
Bcb Community Bank's property, plant and equipment expenses $11,748,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 0.0% |
| Real Estate loans | 0.0% |
| Construction & Land Development loans | 1.0% |
| Nonfarm, nonresidential loans | 0.0% |
| Multifamily residential loans | 0.0% |
| 1-4 family residential loans | 0.0% |
| HELOC loans | 0.0% |
| All other family | 0.0% |
| Commercial & industrial loans | 2.0% |
| Personal loans | 0.0% |
| Credit card loans | 0.0% |
| Other individual loans | 0.0% |
| Auto loans | 0.0% |
| Other consumer loans | 0.0% |
| Unsecured commercial real estate loans | 0.0% |
Deposits
| Type | Value (in 000's) |
|---|---|
| Total deposits | $2,318,787 |
| Deposits held in domestic offices | $2,318,787 |
| Deposits by Individuals, partnerships, and corporations | $1,922,050 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $379,546 |
| Deposits by Commercial banks and other depository institutions in U.S. | $17,191 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $180,571 |
| Demand deposits | $92,408 |
| Nontransaction accounts | $2,138,216 |
| Money market deposit accounts (MMDAs) | $315,208 |
| Other savings deposits (excluding MMDAs) | $1,133,913 |
| Total time deposits | $689,095 |
| Total time and savings deposits | $2,226,379 |
| Noninterest-bearing deposits | $402,837 |
| Interest-bearing deposits | $1,915,950 |
| Retail deposits | $1,995,883 |
| IRAs and Keogh plan accounts | $72,313 |
| Brokered deposits | $20,002 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $2,821,981 |
| Cash & Balances due from depository institutions | $260,741 |
| Interest-bearing balances | $238,539 |
| Total securities | $117,473 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $2,298,551 |
| Loan and leases loss allowance | $33,639 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $30,260 |
| Other real estate owned | $414 |
| Goodwill and other intangibles | $7,865 |
| All other assets | $106,677 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $2,821,981 |
| Total Liabilities | $2,537,015 |
| Total deposits | $2,318,787 |
| Interest-bearing deposits | $1,915,950 |
| Deposits held in domestic offices | $2,318,787 |
| % insured (estimated) | $71 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $193,800 |
| Subordinated debt | $0 |
| All other liabilities | $24,428 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $2,298,551 |
| Loan and leases loss allowance | $33,639 |
| Total loans and leases (domestic) | $2,332,190 |
| All real estate loans | $2,206,063 |
| Real estate loans in domestic offices | $2,206,063 |
| Construction and development loans | $189,999 |
| Residential 1-4 family construction | $12,738 |
| Other construction, all land development and other land | $177,261 |
| Loans secured by nonfarm nonresidential properties | $1,120,816 |
| Nonfarm nonresidential secured by owner-occupied properties | $389,519 |
| Commercial real estate & other non-farm, non-residential | $731,297 |
| Multifamily residential real estate | $334,886 |
| 1-4 family residential loans | $560,362 |
| Farmland loans | $0 |
| Loans held in foreign offices | $0 |
| Farm loans | $0 |
| Commercial and industrial loans | $124,502 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $1,292 |
| Credit card loans | $0 |
| Related Plans | $786 |
| Consumer Auto Loans | $0 |
| Other loans to individuals | $506 |
| All other loans & leases | $333 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $333 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $0 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $13,753 |
| Non 1-4 family restructured loans & leases | $6,736 |
| Total loans and leases (foreign) | $0 |
BCB Community Bank had $2,298,551,000 of loans outstanding in 2020. $2,206,063,000 of loans were in real estate loans. $189,999,000 of loans were in development loans. $334,886,000 of loans were in multifamily mortgage loans. $560,362,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $0 of loans were in the auto loan category.
Small Business Loans
| Categorization | # of Loans in Category | $ amount of loans (in 000's) | Average $/loan |
|---|---|---|---|
| Nonfarm, nonresidential loans - <$1MM | 577 | $236,221 | $409,395 |
| Nonfarm, nonresidential loans - <$100k | 18 | $929 | $51,611 |
| Nonfarm, nonresidential loans - $100-250k | 101 | $14,585 | $144,406 |
| Nonfarm, nonresidential loans - $250k-1MM | 458 | $220,707 | $481,893 |
| Commercial & Industrial, US addressed loans - <$1MM | 302 | $52,693 | $174,480 |
| Commercial & Industrial, US addressed loans - <$100k | 91 | $3,193 | $35,088 |
| Commercial & Industrial, US addressed loans - $100-250k | 89 | $10,366 | $116,472 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 122 | $39,134 | $320,770 |