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BCB Bancorp Inc. announces increase in quarterly cash dividend, quarterly earnings

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Bayonne-based BCB Bancorp Inc. announced Wednesday net income of $2.2 million for the first quarter ending March 31, 2014, compared to $2.4 million at the same time last year.

According to the announcement, the average number of common shares for the quarter for basic and diluted earnings per share calculations was 8.340 million and 8.342 million, respectively.

The company’s total assets increased by $36.5 million, or 3 percent, to $1.244 billion at the end of the quarter, the company said in a recent press release.  Last year’s total assets were $1.208 billion.

BCB Community Bank currently operates 10 service offices in Bayonne, Hoboken, Jersey City, Monroe Township and South Orange, and an office of the Bank of Woodbridge, a division of BCB Community Bank, in Woodbridge, the company said.

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Emily Bader

Emily Bader

Emily Bader is the copy and web editor at NJBIZ. She is a Brielle, N.J. native and a Rutgers University alum. You can contact her at emilyb@njbiz.com or @emilybader on Twitter.

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