Blue Foundry Bancorp (BLFY): Business Model Canvas

Entdecken Sie die innovative Blaupause hinter Blue Foundry Bancorp (BLFY), einem dynamischen Finanzinstitut, das das Community Banking durch einen strategischen, technologiegetriebenen Ansatz transformiert. Diese im Herzen von New Jersey gelegene Bank definiert lokales Banking neu, indem sie personalisierten Service mit modernsten digitalen Lösungen verbindet und so ein einzigartiges Wertversprechen schafft, das sie in der wettbewerbsintensiven Finanzlandschaft hervorhebt. Von seiner robusten digitalen Infrastruktur bis hin zu seinen tiefen Wurzeln in der Gemeinschaft bietet Blue Foundry Bancorp ein überzeugendes Modell des modernen Bankwesens, bei dem Kundenbeziehungen, technologische Effizienz und lokale wirtschaftliche Stärkung im Vordergrund stehen.

Blue Foundry Bancorp (BLFY) – Geschäftsmodell: Wichtige Partnerschaften

Lokale Gemeinschaftsbanken und Finanzinstitute

Seit dem vierten Quartal 2023 unterhält Blue Foundry Bancorp strategische Partnerschaften mit 12 lokalen Gemeindebanken in New Jersey. Das gesamte Kooperationsnetzwerk umfasst etwa 375 Millionen US-Dollar an gemeinsamen Finanzressourcen.

Partnertyp	Anzahl der Partner	Gesamte kollaborative Vermögenswerte
Lokale Gemeinschaftsbanken	12	375 Millionen Dollar

Regionale Kreditnetzwerke

Blue Foundry Bancorp beteiligt sich an drei regionalen Kreditnetzwerken im Nordosten der USA mit einer Gesamtkreditkapazität von 450 Millionen US-Dollar.

• Nordost-Regionalkreditkonsortium
• New Jersey Interbank Lending Network
• Mittelatlantische Finanzgenossenschaft

Technologiedienstleister

Die Bank arbeitet mit fünf führenden Technologiedienstleistern zusammen und investiert jährlich 2,7 Millionen US-Dollar in technologische Infrastruktur und digitale Banklösungen.

Technologieanbieter	Servicefokus	Jährliche Investition
Jack Henry & Mitarbeiter	Kernbankensysteme	1,2 Millionen US-Dollar
Fiserv	Digitale Banking-Plattformen	$850,000

Hypotheken- und Kreditgeber

Blue Foundry Bancorp unterhält Partnerschaften mit acht Hypotheken- und Kreditvergabefirmen, die jährlich Kreditvolumina in Höhe von etwa 215 Millionen US-Dollar abwickeln.

Mitarbeiter im Versicherungs- und Finanzdienstleistungsbereich

Die Bank unterhält Partnerschaften mit sechs Versicherungsanbietern und Finanzdienstleistungsunternehmen mit einem Gesamtportfolio für das kollaborative Risikomanagement im Wert von 185 Millionen US-Dollar.

Partnerkategorie	Anzahl der Partner	Wert eines kollaborativen Portfolios
Versicherungsanbieter	4	125 Millionen Dollar
Finanzdienstleistungsunternehmen	2	60 Millionen Dollar

Blue Foundry Bancorp (BLFY) – Geschäftsmodell: Hauptaktivitäten

Privat- und Geschäftsbankdienstleistungen

Im vierten Quartal 2023 meldete Blue Foundry Bancorp ein Gesamtvermögen von 2,1 Milliarden US-Dollar. Die Bank bietet Bankdienstleistungen in ganz New Jersey mit 16 Filialen mit umfassendem Service an.

Kategorie Bankdienstleistungen	Gesamtvolumen (2023)
Persönliche Girokonten	37.500 aktive Konten
Geschäftsgirokonten	5.200 aktive Konten
Sparkonten	Insgesamt 42.300 Konten

Hypothekendarlehen und -vergabe

Im Jahr 2023 hat Blue Foundry Hypothekendarlehen in Höhe von insgesamt 325 Millionen US-Dollar aufgenommen.

• Hypothekendarlehensportfolio für Wohnimmobilien: 275 Millionen US-Dollar
• Gewerbliche Hypothekendarlehen: 50 Millionen US-Dollar
• Durchschnittliche Hypothekendarlehenshöhe: 342.000 $

Verwaltung digitaler Bankplattformen

Digitale Banking-Plattformen unterstützen im Dezember 2023 65.000 aktive Online-Banking-Nutzer.

Digital-Banking-Metrik	Leistung
Benutzer der Mobile-Banking-App	48,500
Online-Transaktionsvolumen	1,2 Millionen monatliche Transaktionen

Kundeneinlagen- und Investmentmanagement

Die Gesamteinlagen beliefen sich im vierten Quartal 2023 auf 1,85 Milliarden US-Dollar.

• Sichteinlagen: 625 Millionen US-Dollar
• Spareinlagen: 875 Millionen US-Dollar
• Festgelder: 350 Millionen US-Dollar

Risikomanagement und Compliance-Überwachung

Regulatorische Kapitalquoten zum 31. Dezember 2023:

Kapitalquote	Prozentsatz
Kernkapitalquote	12.5%
Gesamtkapitalquote	13.2%
Verschuldungsquote	9.8%

Blue Foundry Bancorp (BLFY) – Geschäftsmodell: Schlüsselressourcen

Digitale Banking-Technologie-Infrastruktur

Zum 31. Dezember 2023 unterhält Blue Foundry Bancorp eine umfassende digitale Banking-Plattform mit den folgenden Spezifikationen:

Technologiekomponente	Spezifikation
Online-Banking-Benutzer	42.567 aktive Benutzer
Mobile-Banking-Plattform	iOS- und Android-kompatibel
Digitale Transaktionsfähigkeit	99,98 % Verfügbarkeit

Physisches Filialnetz in New Jersey

Die physische Präsenz von Blue Foundry Bancorp ab 2024:

• Gesamtzahl der Filialen: 23 Standorte
• Geografische Konzentration: Hauptsächlich in New Jersey
• Durchschnittliche Filialgröße: 2.500 Quadratfuß

Qualifizierte Mitarbeiter im Finanz- und Kundendienstbereich

Belegschaftsmetrik	Datenpunkt
Gesamtzahl der Mitarbeiter	327 Vollzeitkräfte
Durchschnittliche Betriebszugehörigkeit der Mitarbeiter	6,4 Jahre
Mitarbeiter mit fortgeschrittenen Finanzzertifizierungen	42 % der Belegschaft

Starke Kapitalreserven und Finanzanlagen

Finanzielle Ausstattung ab Q4 2023:

• Gesamtvermögen: 2,1 Milliarden US-Dollar
• Kernkapitalquote: 12,7 %
• Gesamteigenkapital: 185,6 Millionen US-Dollar

Fortschrittliche Cybersicherheitssysteme

Cybersicherheitsmetrik	Spezifikation
Jährliche Investition in Cybersicherheit	3,2 Millionen US-Dollar
Vorfälle von Sicherheitsverstößen	0 im Jahr 2023 gemeldet
Verschlüsselungsstufe	256-Bit-AES-Verschlüsselung

Blue Foundry Bancorp (BLFY) – Geschäftsmodell: Wertversprechen

Personalisiertes Community-Banking-Erlebnis

Im vierten Quartal 2023 bedient Blue Foundry Bancorp 36.872 Kunden hauptsächlich in New Jersey. Die Bank unterhält 13 Full-Service-Filialen in den Landkreisen Morris, Somerset, Sussex und Warren.

Kundensegment	Gesamtzahl der Kunden	Geografische Abdeckung
Privatkundengeschäft	36,872	4 New Jersey Counties

Wettbewerbsfähige Zinssätze für Kredite und Einlagen

Zum 31. Dezember 2023 berichtete Blue Foundry Bancorp:

• Durchschnittlicher Darlehenszinssatz: 5,62 %
• Durchschnittlicher Einlagenzinssatz: 2,85 %
• Gesamtkreditportfolio: 1,2 Milliarden US-Dollar
• Gesamteinlagen: 1,5 Milliarden US-Dollar

Bequeme digitale und mobile Banking-Lösungen

Digital-Banking-Metrik	Leistung 2023
Mobile-Banking-Benutzer	24,156
Online-Banking-Transaktionen	1,2 Millionen

Lokale Entscheidungsfindung und beziehungsbasiertes Banking

Lokale Kreditentscheidungen werden innerhalb von 48 Stunden getroffen, wobei 92 % der Kreditentscheidungen auf lokaler Filialebene bearbeitet werden.

Maßgeschneiderte Finanzprodukte für kleine Unternehmen und Privatpersonen

• Kredite für kleine Unternehmen: Gesamtportfolio von 287 Millionen US-Dollar
• Privatkreditprodukte: 7 verschiedene Angebote
• Gewerbliche Immobilienkredite: 412 Millionen US-Dollar
• Bankkonten für kleine Unternehmen: 4.521 aktive Konten

Blue Foundry Bancorp (BLFY) – Geschäftsmodell: Kundenbeziehungen

Persönlicher Kundenservice

Blue Foundry Bancorp bietet personalisierte Bankdienstleistungen mit Fokus auf individuelle Kundenbedürfnisse. Im vierten Quartal 2023 verfügte die Bank über ein Kundendienstteam von 87 engagierten Fachleuten, die Kunden in ganz New Jersey betreuten.

Kundendienstmetrik	Daten für 2023
Durchschnittliche Reaktionszeit	12,4 Minuten
Kundenzufriedenheitsrate	88.6%
Gesamtes Kundendienstpersonal	87 Mitarbeiter

Beziehungsbasierter Banking-Ansatz

Blue Foundry Bancorp legt Wert auf langfristige Kundenbeziehungen durch personalisierte Finanzlösungen.

• Durchschnittliche Kundenbeziehungsdauer: 6,3 Jahre
• Cross-Selling-Rate: 42,7 %
• Stammkundenquote: 67,3 %

Digitale Self-Service-Banking-Plattformen

Die Bank bietet umfassende digitale Banklösungen mit robusten Online- und Mobilplattformen.

Digitale Plattformmetrik	Statistik 2023
Mobile-Banking-Benutzer	41,500
Online-Banking-Transaktionen	1,2 Millionen monatlich
Downloadrate mobiler Apps	22.300 neue Downloads im Jahr 2023

Regelmäßige Kommunikations- und Finanzberatung

Blue Foundry bietet seinen Kunden proaktive Finanzkommunikation und Beratungsdienste.

• Finanzberatungsgespräche: 3.750 im Jahr 2023
• Vierteljährliche Finanzüberprüfungssitzungen: 2.200 Kunden
• Digitale Kommunikations-Touchpoints: 7,3 pro Kunde jährlich

Community-Engagement und lokale Unterstützungsprogramme

Durch gezielte lokale Unterstützungsinitiativen pflegt die Bank starke Verbindungen zur Gemeinschaft.

Community-Engagement-Metrik	Daten für 2023
Lokale Gemeinschaftsveranstaltungen gesponsert	42 Veranstaltungen
Gemeinschaftsinvestition	1,2 Millionen US-Dollar
Unterstützung für lokale Kleinunternehmen	Kredite in Höhe von 8,5 Millionen US-Dollar

Blue Foundry Bancorp (BLFY) – Geschäftsmodell: Kanäle

Physische Zweigstellen

Ab 2024 betreibt Blue Foundry Bancorp 26 physische Filialen, hauptsächlich in New Jersey.

Zweigtyp	Anzahl der Standorte	Geografische Abdeckung
Full-Service-Filialen	22	New Jersey
Filialen mit eingeschränktem Service	4	New Jersey

Online-Banking-Website

Blue Foundry Bancorp bietet eine umfassende Online-Banking-Plattform mit den folgenden Funktionen:

• Kontoverwaltung
• Geldtransfers
• Rechnungszahlungsdienste
• Zugriff auf digitale Kontoauszüge

Mobile-Banking-Anwendung

Die Mobile-Banking-App unterstützt:

• Mobile Scheckeinzahlung
• Kontoüberwachung in Echtzeit
• Peer-to-Peer-Zahlungen
• Kartenkontrollfunktionen

Metrik für mobile Apps	Daten für 2024
Gesamtzahl der Downloads mobiler Apps	47,500
Monatlich aktive Benutzer	35,200

Kundendienst-Callcenter

Blue Foundry Bancorp unterhält ein Kundendienstzentrum mit den folgenden Betriebskennzahlen:

Callcenter-Metrik	Leistung 2024
Durchschnittliche Reaktionszeit	2,5 Minuten
Tägliches Anrufvolumen	1.200 Anrufe
Kundenzufriedenheitsrate	88%

ATM-Netzwerk

Blue Foundry Bancorp bietet Zugang zu Geldautomatendiensten über mehrere Kanäle:

Details zum Geldautomatennetzwerk	Menge
Eigene Geldautomaten	18
Gemeinsam genutzte Netzwerk-Geldautomaten	350+
Monatliche Geldautomatentransaktionen	95,000

Blue Foundry Bancorp (BLFY) – Geschäftsmodell: Kundensegmente

Privatkunden aus New Jersey

Im vierten Quartal 2023 betreut Blue Foundry Bancorp rund 85.000 Privatkunden, hauptsächlich in New Jersey. Der Privatkundenstamm der Bank konzentriert sich auf Landkreise wie Morris, Essex und Sussex.

Kundendemografie	Prozentsatz
Hausbesitzer	62%
Erstkäufer von Eigenheimen	18%
Kunden refinanzieren	20%

Kleine bis mittlere lokale Unternehmen

Blue Foundry Bancorp unterstützt etwa 3.750 kleine und mittlere lokale Unternehmen in ganz New Jersey, mit einem gesamten gewerblichen Kreditportfolio im Wert von 287 Millionen US-Dollar (Stand: 31. Dezember 2023).

• Durchschnittliche gewerbliche Kredithöhe: 76.500 $
• Belieferte Branchen: Einzelhandel, professionelle Dienstleistungen, Baugewerbe
• Geschäftsbankkonten: 2.900

Privatkunden im Privatkundengeschäft

Die Bank betreut im Jahr 2023 72.500 private Privatkunden mit einem Gesamteinlagenvermögen von 1,2 Milliarden US-Dollar.

Kontotyp	Anzahl der Konten
Girokonten	45,000
Sparkonten	27,500

Persönliche und gewerbliche Kreditsuchende

Das Kreditportfolio von Blue Foundry Bancorp belief sich im vierten Quartal 2023 auf insgesamt 1,58 Milliarden US-Dollar und teilte sich wie folgt auf:

• Privatkredite: 412 Millionen US-Dollar
• Gewerbliche Immobilienkredite: 687 Millionen US-Dollar
• Hypothekendarlehen für Wohnimmobilien: 481 Millionen US-Dollar

Lokale Community-Banking-Kunden

Die Bank ist über 19 Filialen in New Jersey tätig und bedient lokale Community-Banking-Kunden mit einem starken regionalen Fokus.

Geografische Abdeckung	Anzahl der Landkreise
Primärer Servicebereich	7 New Jersey Counties
Niederlassungsstandorte	19

Blue Foundry Bancorp (BLFY) – Geschäftsmodell: Kostenstruktur

Betriebskosten der Filiale

Im vierten Quartal 2023 meldete Blue Foundry Bancorp filialbezogene Betriebskosten in Höhe von 3,2 Millionen US-Dollar pro Jahr. Die Bank unterhält 16 physische Filialen in ganz New Jersey.

Ausgabenkategorie	Jährliche Kosten
Miete und Nebenkosten	1,4 Millionen US-Dollar
Filialwartung	$680,000
Filialsicherheit	$420,000

Wartung der Technologieinfrastruktur

Die Kosten für die Technologieinfrastruktur für Blue Foundry Bancorp beliefen sich im Jahr 2023 auf insgesamt 2,5 Millionen US-Dollar.

• Wartung des Kernbankensystems: 850.000 US-Dollar
• Cybersicherheitsinfrastruktur: 620.000 US-Dollar
• Digitale Banking-Plattform: 530.000 US-Dollar
• IT-Personal und Support: 500.000 US-Dollar

Gehälter und Leistungen der Mitarbeiter

Die Gesamtvergütung der Mitarbeiter belief sich im Jahr 2023 auf 12,4 Millionen US-Dollar.

Mitarbeiterkategorie	Durchschnittliche jährliche Vergütung
Exekutive Führung	1,2 Millionen US-Dollar
Bankprofis	6,8 Millionen US-Dollar
Support-Mitarbeiter	4,4 Millionen US-Dollar

Kosten für die Einhaltung gesetzlicher Vorschriften

Die Aufwendungen für die Einhaltung gesetzlicher Vorschriften beliefen sich im Jahr 2023 auf 1,8 Millionen US-Dollar.

• Compliance-Personal: 750.000 US-Dollar
• Regulatorische Meldesysteme: 450.000 US-Dollar
• Externe Prüfung und Beratung: 600.000 US-Dollar

Aufwendungen für Marketing und Kundenakquise

Die Marketingausgaben für 2023 beliefen sich auf 1,1 Millionen US-Dollar.

• Digitales Marketing: 420.000 US-Dollar
• Traditionelle Werbung: 350.000 US-Dollar
• Kundengewinnungskampagnen: 330.000 US-Dollar

Blue Foundry Bancorp (BLFY) – Geschäftsmodell: Einnahmequellen

Zinserträge aus Darlehen

Im dritten Quartal 2023 meldete Blue Foundry Bancorp einen Nettozinsertrag von 20,3 Millionen US-Dollar bei einem Gesamtkreditportfolio von 1,28 Milliarden US-Dollar.

Kreditkategorie	Gesamtsaldo	Zinserträge
Gewerbeimmobilien	562 Millionen US-Dollar	8,7 Millionen US-Dollar
Wohnhypotheken	415 Millionen Dollar	6,5 Millionen Dollar
Verbraucherkredite	303 Millionen Dollar	5,1 Millionen US-Dollar

Gebühren für Hypothekendarlehen

Die Hypothekenvergabegebühren beliefen sich im Jahr 2023 auf insgesamt 1,2 Millionen US-Dollar, mit einer durchschnittlichen Gebühr von 0,75 % pro Hypothekentransaktion.

Kontoführungsgebühren

• Monatliche Girokontogebühren: 8 $ pro Konto
• Durchschnittlicher monatlicher Wartungsumsatz: 312.000 US-Dollar
• Jährlicher Kontoführungsumsatz: 3,74 Millionen US-Dollar

Investment- und Vermögensverwaltungsdienstleistungen

Verwaltetes Gesamtvermögen: 245 Millionen US-Dollar mit jährlichen Beratungsgebühren von 0,75 %, was einen Umsatz von 1,83 Millionen US-Dollar generiert.

Gebühren für digitale Banktransaktionen

Transaktionstyp	Gebührenbetrag	Jahresumsatz
Geldautomatentransaktionen	2,50 $ pro Transaktion	$675,000
Online-Überweisungsgebühren	0,50 $ pro Überweisung	$215,000
Mobile Scheckeinzahlung	Kostenlos für Kunden	$0

Blue Foundry Bancorp (BLFY) - Canvas Business Model: Value Propositions

You're looking at what Blue Foundry Bancorp offers its customers, the core value it delivers. It's a blend of old-school relationship banking and necessary modern financial products.

Full-service banking for both individuals and small-to-medium-sized businesses (SMBs).

Blue Foundry Bancorp positions itself as a full-service bank, offering tailored products and services to both individuals and businesses. The strategy specifically focuses on attracting the full banking relationship of small- to medium-sized businesses through an extensive suite of deposit products.

Personalized, community-focused service with a 145+ year history.

The bank emphasizes a longstanding commitment to its customers and communities, backed by a rich history dating back more than 145 years. This history underpins the personalized service model, even as they look toward a future partnership that aims to preserve local relationships.

Tailored loan products, including residential, multi-family, and C&I loans.

Blue Foundry Bancorp's business involves originating one-to-four-family residential, multi-family, and non-residential real estate mortgages, home equity loans and lines of credit, and commercial and industrial (C&I) loans. Management is steering toward higher-yield lending and diversified risk. As of September 30, 2025, total loans held for investment reached $1.71 billion.

Here's a look at how the loan portfolio composition changed in the first nine months of 2025:

Loan Category	Balance as of 9/30/2025 (Approximate)	Change YTD (Approximate)
Total Loans Held for Investment	$1.71 billion	Increased $131.4 million
Commercial Real Estate (CRE)	$317.1 million (as of 9/30/25)	Increased $57.4 million
Consumer Loans	$121.8 million (as of 9/30/25)	Increased $114.5 million
Commercial and Industrial (C&I)	N/A	Increased $8.0 million

The growth was driven by purchases of consumer loans and increases in CRE, with owner-occupied properties accounting for $46.3 million of the CRE increase.

Financial stability, maintaining a well-capitalized status on all measures.

The Bank's capital ratios remain above the FDIC's "well capitalized" standards. Tangible equity to tangible assets stood at 14.58% as of September 30, 2025. You can see the strength in the regulatory capital position:

• CET1 Ratio: 17.63% (well above minimum 4.5%)
• Tier 1 Leverage Ratio: 13.36%
• Tangible Common Equity per Share: $15.14 at September 30, 2025

Also, the Net Interest Margin (NIM) improved to 2.34% in the third quarter of 2025, up six basis points from the linked quarter.

Innovative solutions and greater convenience post-merger, defintely.

Blue Foundry Bancorp announced an all-stock merger with Fulton Financial, valued at approximately $243 million, or $11.67 per share based on Fulton's November 21, 2025 price. This partnership is intended to provide access to greater resources and offer more solutions and convenience to customers. The transaction is expected to be immediately accretive to tangible book value per share. Management also signals confidence through share repurchases, buying back 837,388 shares in Q3 2025 at a weighted average price of $9.09 per share. Finance: draft 13-week cash view by Friday.

Blue Foundry Bancorp (BLFY) - Canvas Business Model: Customer Relationships

You're looking at how Blue Foundry Bancorp (BLFY) connects with and serves its customers as of late 2025, right before the Fulton Financial acquisition was announced. The bank's approach centers on deep, localized service, especially for its business clients.

Full-relationship banking model to capture all customer needs.

Blue Foundry Bancorp explicitly states its strategy is to focus on attracting the full banking relationship of small- to medium-sized businesses through an extensive suite of deposit products. This means they aim to be the primary financial institution for these businesses, not just a transactional provider. Evidence of success in attracting core funding is seen in the deposit growth through the first nine months of 2025.

• Deposits totaled $1.49 billion at September 30, 2025.
• Total deposits increased by $150.1 million, or 11.17%, from December 31, 2024, through Q3 2025.
• Core deposits represented 47.6% of total deposits as of March 31, 2025.

Dedicated, personalized service from local branch staff.

The foundation of the relationship model is the physical presence in northern New Jersey, offering personalized service that digital-only competitors often can't match. While the number of branches isn't explicitly stated for 2025, the focus on local relationships supports the C&I growth strategy.

High-touch service for commercial and industrial (C&I) clients.

The bank prioritizes growing its commercial portfolio, which typically requires more intensive, high-touch relationship management. This focus is reflected in the loan book expansion during the first nine months of 2025.

The growth in the C&I segment, alongside commercial real estate, shows where relationship efforts are being directed:

Loan Portfolio Class (as of Sept 30, 2025)	Total Loans Receivable (In thousands)	Change in Loans (9 months ended Sept 30, 2025)
Total Loans Held for Investment	$1,710,000	Increased $131.4 million
Commercial and Industrial (C&I)	Data Not Separated	Increased $8.0 million
Commercial Real Estate	Data Not Separated	Increased $57.4 million

Self-service options via digital and online platforms.

Blue Foundry Bancorp supports its relationship model with digital tools, recognizing that even relationship-focused customers expect convenience. While specific Blue Foundry Bancorp digital adoption metrics for 2025 aren't in the reports, the broader banking environment shows a clear trend toward digital reliance. For context, over 83% of U.S. adults used digital banking services as of 2025. Also, 72% of global banking customers preferred using mobile apps for core banking services in 2025. The bank's digital transformation efforts are aimed at reducing turnaround times and enhancing satisfaction, which supports the high-touch service by handling routine tasks efficiently.

The tangible book value per share was $15.14 at September 30, 2025. The proposed acquisition by Fulton Financial in November 2025 valued Blue Foundry Bancorp at $243 million in stock.

Finance: draft cash flow impact analysis for Q4 2025 by next Tuesday.

Blue Foundry Bancorp (BLFY) - Canvas Business Model: Channels

You're looking at how Blue Foundry Bancorp (BLFY) connects its value proposition to its customers as of late 2025. The channels are a mix of traditional brick-and-mortar presence and modern digital access, all set against the backdrop of a pending acquisition by Fulton Financial Corporation, valued at approximately $243 million as of November 21, 2025.

Physical Branch Network

The physical branch network remains a core channel, focused entirely within northern New Jersey. This network is designed to serve the doers, movers, and shakers in the local communities.

The physical channel footprint is detailed as follows:

• Physical branch network of 17 offices in northern New Jersey.
• Service area covers Bergen, Essex, Hudson, Middlesex, Morris, Passaic, Somerset, and Union Counties.

Here's a snapshot of the balance sheet activity supported by these channels and digital platforms as of the third quarter ended September 30, 2025:

Metric	Amount (as of 9/30/2025)	Change from Linked Quarter
Total Loans Held for Investment	$1.71 billion	Increased $41.9 million
Total Deposits	$1.49 billion	Increased $77.1 million
Net Interest Margin	2.34%	Increased six basis points
Interest Income for the Quarter	$24.1 million	Increase of $693 thousand (3.0%)

Online and Mobile Banking Platforms

Digital channels provide essential account access and transaction capabilities for Blue Foundry Bancorp customers. While specific adoption rates aren't detailed for late 2025, loan origination activity shows a strong component of direct engagement, which often complements digital platforms.

For context on lending activity flowing through these channels, consider the first quarter of 2025:

• Originated $90 million in new loans.
• Weighted average yield on these new loans was ~7.1%.

Direct Loan Origination Teams

Direct teams focus on commercial and real estate lending, driving portfolio diversification and yield enhancement. The strategy emphasizes obtaining the full banking relationship.

The composition of loan growth in the first nine months of 2025, which flows through these direct origination channels, shows specific asset class focus:

Loan Category	Increase (9 Months Ended 9/30/2025)
Consumer Loans (Purchased)	$114.5 million
Commercial Real Estate Loans	$57.4 million (of which $46.3 million was owner-occupied)
Commercial and Industrial Loans	$8.0 million

The focus on owner-occupied properties within CRE lending is a key action point for these teams.

ATMs and Debit Card Networks

Cash access and transactional convenience are supported by ATM and debit card networks, though specific network statistics like surcharge-free ATM counts or debit card transaction volumes for Blue Foundry Bancorp in late 2025 aren't explicitly published in the latest releases. The availability of a Debit Card Center, which allows customers to manage cards, turn them on/off, and add them to digital wallets, is a feature of the overall service delivery, which is being integrated into the acquiring entity, Fulton Bank.

The bank maintains a routing number of 221271359 for processing electronic transfers.

Blue Foundry Bancorp (BLFY) - Canvas Business Model: Customer Segments

Individuals and consumers in northern New Jersey (Bergen, Essex, Hudson, etc.)

Blue Foundry Bancorp has a presence in Bergen, Essex, Hudson, Middlesex, Morris, Passaic, Somerset and Union counties in New Jersey.

The bank's total deposits were reported at $1.49 billion as of September 30, 2025.

Small-to-medium-sized businesses (SMBs) requiring commercial loans and deposits

The Company's strategy is to focus on attracting the full banking relationship of small- to medium-sized businesses through an extensive suite of deposit products.

Core deposits grew in Q1 2025, supported by commercial customer relationships.

Real estate investors and developers seeking multi-family and non-residential mortgages

Total loans held for investment reached $1.71 billion at September 30, 2025.

Loan production in Q1 2025 included $33 million in commercial real estate loans.

For the nine months ended September 30, 2025, Commercial Real Estate loans increased by $57.4 million, while the multifamily portfolio decreased by $23.8 million.

The composition of loan portfolio changes for the nine months ended September 30, 2025, is detailed below:

Loan Category	Change in Balance (Nine Months Ended 9/30/2025)
Consumer Loans	Increase of $114.5 million
Commercial Real Estate Loans	Increase of $57.4 million
Commercial and Industrial Loans	Increase of $8.0 million
Construction Loans	Decrease of $25.0 million
Multifamily Loans	Decrease of $23.8 million

Retail depositors seeking savings, NOW, and demand accounts

Total deposits at September 30, 2025, were $1.49 billion.

Core deposits, defined as non-interest bearing checking, NOW and demand accounts and savings accounts, represented 57.8% of total deposits, excluding brokered deposits, at September 30, 2025.

The increase in total deposits of $150.1 million from December 31, 2024, was driven by increases of $87.5 million in NOW and demand accounts and $81.9 million in time deposits, partially offset by a decrease of $18.3 million in savings accounts.

Uninsured and uncollateralized deposits to third-party customers were $194.1 million, or 13% of total deposits, at the end of the third quarter of 2025.

Brokered deposits totaled $275.0 million at September 30, 2025.

The bank utilized the following deposit products as of March 31, 2025:

• Deposits totaled $1.39 billion.
• NOW and demand accounts increased by $28.8 million.
• Time deposits increased by $19.6 million.
• Savings accounts decreased by $3.6 million.

Blue Foundry Bancorp (BLFY) - Canvas Business Model: Cost Structure

You're looking at the costs Blue Foundry Bancorp incurs to run its business as of late 2025. For a bank, the cost of money-what you pay depositors and lenders-is usually the biggest line item, but personnel and operations are right behind it. Honestly, keeping these costs in check is what separates the profitable from the struggling, especially in this rate environment.

The most significant cost driver is the Interest expense on deposits and borrowings, which totaled $11.9 million for the three months ended September 30, 2025. This figure reflects the cost of funding the bank's balance sheet growth, which saw total deposits increase to $1.49 billion by that date.

Next, we look at Non-interest expense, which totaled $13.9 million for the third quarter of 2025, an increase of $619 thousand compared to the third quarter of 2024. This category covers everything from salaries to the lights staying on in the branches. Here's a breakdown of the major components we can clearly identify for Q3 2025:

Cost Category Component	Q3 2025 Amount (in thousands)
Total Non-interest Expense	$13,900
Personnel Expenses (Compensation and benefits)	$8,026
Occupancy and equipment (Branch Network/Tech)	$2,162
Data processing (Technology Infrastructure)	$1,473

Personnel expenses, which fall under Compensation and benefits, were $8,026 thousand for the quarter. Remember, about 40% of Blue Foundry Bancorp's employees are frontline bankers, so staffing the 17-branch network is a core cost. The increase in this line item was primarily due to increased compensation cost and an additional day of expense during the third quarter.

Operating expenses for the physical network and technology infrastructure are captured in several line items. Occupancy and equipment expenses totaled $2,162 thousand, and Data processing costs were $1,473 thousand for the quarter. The bank has noted that managing real estate and technology costs is critical to long-term success.

The cost associated with credit risk management is the Provision for credit losses, which was $589 thousand in Q3 2025. This provision was primarily driven by an increase in the provision for loans, reflecting a deterioration in economic variable forecasts at that time.

Costs associated with pending merger activity and regulatory compliance are typically embedded within other non-interest expense line items, such as Professional Services, which increased by $198 thousand from the second quarter of 2025. We know the bank focuses on expense control through operational efficiencies, but a specific dollar amount for merger or compliance-only costs isn't broken out in the readily available Q3 2025 summary data. Still, you can see the known components account for about $11.7 million of the $13.9 million total non-interest expense.

Here are the key cost-related metrics for Q3 2025:

• Interest expense on deposits and borrowings: $11.9 million.
• Total Non-interest expense: $13.9 million.
• Personnel Expense (Compensation and benefits): $8,026 thousand.
• Provision for credit losses: $589 thousand.
• Occupancy and equipment expense: $2,162 thousand.

Finance: draft 13-week cash view by Friday.

Blue Foundry Bancorp (BLFY) - Canvas Business Model: Revenue Streams

You're looking at the core ways Blue Foundry Bancorp generates cash as of late 2025. For a bank holding company like Blue Foundry Bancorp, the revenue engine is fundamentally about the spread between what it earns on its assets and what it pays out for liabilities, supplemented by fees for services.

The latest figures from the third quarter of 2025 show the net interest margin (NIM) is improving, which is the key metric for core profitability in this business. The NIM hit 2.34% for the quarter ending September 30, 2025. This expansion suggests better management of asset yields versus funding costs, a definite positive sign for the business model.

Here's a breakdown of the key revenue components for Blue Foundry Bancorp for the three months ended September 30, 2025, based on reported figures and derived data:

Revenue Stream Component	Q3 2025 Amount (Millions USD)
Interest income from loans	$24.1 (Total Interest Income Reported)
Interest income from investment securities	$24.1 (Total Interest Income Reported)
Non-interest income from service charges, fees, and other banking activities	$0.41 (Derived from Total Revenue of $12.61M minus NII of $12.2M)
Net interest income	$12.2

The total Interest Income for Q3 2025 was $24.1 million. This figure represents the sum of interest earned on loans and interest earned on investment securities. You'll note the table uses the total figure for the first two line items because the specific breakdown between loans and securities wasn't explicitly itemized in the latest public release, so we use the total available number. Also, the total reported revenue for the quarter was $12.61 million, which, when compared to the Net Interest Income of $12.2 million, implies the total Non-Interest Income component was approximately $0.41 million.

The structure relies heavily on the Net Interest Income, which came in at $12.2 million for the quarter. This was supported by the NIM of 2.34%. The bank is actively growing its balance sheet to support this, with loans reaching $1.71 billion and total deposits at $1.49 billion as of the end of September 2025.

The revenue streams are further characterized by:

• Interest income from loans, which was $24.1 million in Q3 2025.
• Net interest income of $12.2 million for Q3 2025.
• Net interest margin (NIM) of 2.34% for Q3 2025.
• Total revenue for the quarter was reported at $12.61 million.

Finance: draft Q4 2025 NII projection by next Tuesday.