Page 5 - Interagency Statement News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Home / Top News / BCB Bancorp, Inc. Earns $7.1 Million in First Quarter 2021; Declares Quarterly Cash Dividend of $0.14 Per Share BCB Bancorp, Inc. Earns $7.1 Million in First Quarter 2021; Declares Quarterly Cash Dividend of $0.14 Per Share BAYONNE, N.J., April 21, 2021 (GLOBE NEWSWIRE) — BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank”), today reported net income of $7.1 million for the first quarter of 2021, compared to $7.3 million in the fourth quarter of 2020, and $2.5 million in the first quarter of 2020. Earnings per d...

To embed, copy and paste the code into your website or blog: Rescission of Statement on Bureau Supervisory and Enforcement Response to COVID-19 Pandemic.  The CFPB issued a Statement on Bureau Supervisory and Enforcement Response to COVID-19 Pandemic (March 26, 2020).  That statement is rescinded as of April 1, 2020, and in the rescission document, the CFPB announces its intent to exercise its supervisory and enforcement authority consistent with the Dodd-Frank Act and with the full authority afforded by Congress consistent with the Bureau’s statutory purpose and objectives. The rescissi...

On March 9, 2021, the Federal Reserve Board published a Supervision and Regulation Letter (SR 21-7) (the "SR Letter") containing guidance for examiners in assessing supervised firms'...

To print this article, all you need is to be registered or login on Mondaq.com. On March 9, 2021, the US Board of Governors of the Federal Reserve System ("FRB") issued SR 21-7, Assessing Supervised Institutions' Plans to Transition Away from the Use of the LIBOR, providing guidance to its bank examiners on how to assess the progress of supervised institutions in preparing to transition away from U.S. dollar (USD) LIBOR as a reference rate. 1 This guidance is intended to complement the Interagency Statement on LIBOR Transition that FRB issued in November 2020, which ...

266 The CARES Act was recently amended to include $3.5 billion of extended debt relief payments for SBA borrowers. The program will initially provide for 3 payments of principal and interest to a maximum of $9,000 per month under various criteria and then an additional 5 payments for borrowers considered “underserved” as defined in the amended legislation. Credit Quality and Performance At December 31, 2020, NPAs declined by $1.9 million, or (20%), to $7.9 million, compared to $9.8 million at December 31, 2019, and decreased by $2.4 million, or (23%) from $10.3 million at September 30, ...