Northfield Bancorp, Inc. (Staten Island, NY) (NFBK): Modelo de Negocios Canvas [Actualizado en Ene-2025]

Ubicado en el corazón de Staten Island, Northfield Bancorp, Inc. (NFBK) surge como una potencia financiera de la comunidad dinámica, uniendo estrategias bancarias innovadoras con profundas raíces locales. Este lienzo completo de modelo de negocio revela cómo este banco regional transforma los paradigmas bancarios tradicionales, ofreciendo una combinación única de servicio personalizado, soluciones digitales de vanguardia y compromiso inquebrantable con el desarrollo económico local. Desde sus asociaciones estratégicas hasta diversas fuentes de ingresos, NFBK demuestra un enfoque sofisticado para la banca moderna que va mucho más allá de las simples transacciones financieras, creando conexiones significativas con clientes y comunidades en Staten Island y Nueva Jersey.

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Modelo de negocios: asociaciones clave

Desarrolladores de bienes raíces locales y corredores de hipotecas

A partir del cuarto trimestre de 2023, Northfield Bancorp mantiene asociaciones estratégicas con aproximadamente 47 desarrolladores de bienes raíces locales y 63 empresas de corretaje hipotecario en las regiones de Staten Island y Nueva Jersey.

Categoría de asociación	Número de socios	Volumen total del préstamo
Desarrolladores inmobiliarios	47	$ 312.6 millones
Corredores hipotecarios	63	$ 228.4 millones

Organizaciones comunitarias en Staten Island y Nueva Jersey

Northfield Bancorp colabora con 22 organizaciones comunitarias centradas en el desarrollo económico y el apoyo de la comunidad local.

• Asociaciones locales de la Cámara de Comercio: 8
• Consejos de desarrollo económico: 6
• Redes de soporte de pequeñas empresas: 5
• Programas de reinversión comunitaria: 3

Proveedores de servicios financieros regionales

Tipo de socio	Número de asociaciones	Ingresos colaborativos anuales
Servicios de procesamiento de pagos	5	$ 4.2 millones
Agencias de informes de crédito	3	$ 1.7 millones
Proveedores de seguros	4	$ 3.1 millones

Proveedores de tecnología para soluciones de banca digital

Northfield Bancorp se asocia con 6 proveedores de tecnología especializados en infraestructura bancaria digital.

• Proveedores de sistemas bancarios centrales: 2
• Desarrolladores de aplicaciones de banca móvil: 2
• Proveedores de soluciones de ciberseguridad: 2

Categoría de socios tecnológicos	Inversión anual	Estado de implementación
Plataformas de banca digital	$ 2.8 millones	Totalmente implementado
Soluciones de ciberseguridad	$ 1.5 millones	Mejora continua

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Modelo de negocios: actividades clave

Préstamos comerciales y residenciales

A partir del tercer trimestre de 2023, Northfield Bancorp informó:

Categoría de préstamo	Saldo total
Cartera de préstamos totales	$ 2.94 mil millones
Préstamos inmobiliarios comerciales	$ 1.68 mil millones
Préstamos hipotecarios residenciales	$ 1.02 mil millones
Préstamos de construcción y desarrollo de tierras	$ 240 millones

Gestión de cuentas de depósito y ahorro

Desglose de la cartera de depósito a partir del tercer trimestre de 2023:

Tipo de depósito	Saldo total
Depósitos totales	$ 3.51 mil millones
Depósitos de cojinete sin interés	$ 436 millones
Cuentas corrientes que ponen intereses	$ 1.24 mil millones
Cuentas de ahorro	$ 1.02 mil millones
Depósitos de tiempo	$ 810 millones

Servicios de banca en línea y móvil

• Plataforma de banca digital Usuarios activos: 68,500
• Descargas de aplicaciones de banca móvil: 42,300
• Volumen de transacciones en línea en 2023: 3.2 millones de transacciones

Gestión de la banca y las relaciones comunitarias

Estadísticas de la red de sucursales:

• Ramas totales: 22
• Área de servicio principal: Staten Island y Brooklyn, NY
• Relaciones comerciales comunitarias: 1.850 clientes comerciales activos

Servicios de gestión de patrimonio y asesoramiento financiero

Categoría de servicio	Activos totales bajo administración
Gestión de patrimonio	$ 412 millones
Servicios de asesoramiento de inversiones	$ 287 millones
Planificación de jubilación	$ 125 millones

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Modelo de negocios: recursos clave

Fuerte presencia del mercado local

A partir del cuarto trimestre de 2023, Northfield Bancorp opera 22 ramas de servicio completo en Staten Island y Nueva Jersey. Los activos totales reportados en $ 6.35 mil millones.

Cobertura geográfica	Número de ramas
Isla	12
Nueva Jersey	10

Equipo de liderazgo bancario experimentado

Composición de liderazgo a partir de 2024:

• Steven M. Klein - Presidente y CEO
• Donna Reale - Director Financiero
• Promedio de la tenencia ejecutiva: 15.6 años en la banca

Infraestructura de tecnología de banca digital

Inversión tecnológica en 2023: $ 4.2 millones

Servicio digital	Tasa de adopción de usuarios
Banca móvil	68%
Banca en línea	72%

Red de sucursales físicas

Red de sucursales totales: 22 ubicaciones

• Tamaño promedio de la rama: 3,500 pies cuadrados.
• Valor inmobiliario total de la sucursal: $ 42.1 millones

Base de depósito de cliente estable

Métricas de depósito a partir del cuarto trimestre 2023:

Categoría de depósito	Cantidad total
Depósitos totales	$ 5.68 mil millones
Depósitos de cojinete sin interés	$ 687 millones

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Modelo de negocio: propuestas de valor

Experiencia bancaria comunitaria personalizada

A partir del cuarto trimestre de 2023, Northfield Bancorp sirve 6 condados en Nueva York y Nueva Jersey, con 30 ubicaciones de ramas de servicio completo. Los activos totales informaron en $ 6.49 mil millones, lo que demuestra una fuerte presencia del mercado local.

Métrico de servicio	2023 datos
Ubicaciones de sucursales totales	30
Condados atendidos	6
Activos totales	$ 6.49 mil millones

Tasas de interés competitivas para préstamos y depósitos

Tasas de interés a diciembre de 2023:

• Cuenta de ahorro personal: 0.50% APY
• Cuenta del mercado monetario: 1.25% APY
• CD de 1 año: 3.75% APY
• Tasas de préstamo personal: a partir del 7,99% APR
• Tasas hipotecarias: 30 años fijo a 6.75%

Toma de decisiones locales y procesamiento rápido de préstamos

Tiempo promedio de procesamiento de préstamos: 3-5 días hábiles. El Comité de Aprobación de Préstamos Locales se reúne dos veces por semana, lo que permite una rápida toma de decisiones para préstamos comerciales y personales.

Servicios financieros integrales

Categoría de servicio	Ofertas de productos
Banca personal	Verificación, ahorro, CD, banca en línea
Banca de negocios	Préstamos comerciales, verificación de negocios, servicios comerciales
Préstamo	Hipotecas, préstamos personales, préstamos inmobiliarios comerciales

Compromiso de desarrollo de la comunidad local

2023 Métricas de inversión comunitaria:

• Préstamos de desarrollo comunitario: $ 127 millones
• Contribuciones caritativas: $ 350,000
• Soporte local de pequeñas empresas: 215 empresas financiadas
• Patrocinios de eventos comunitarios: 42 eventos locales

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Modelo de negocios: Relaciones con los clientes

Gestión de la relación bancaria personal

A partir del cuarto trimestre de 2023, Northfield Bancorp mantuvo 34 ubicaciones de sucursales de servicio completo principalmente en Staten Island y Nueva Jersey. La gestión de la relación con el cliente implica interacciones directas con 88,652 titulares de cuentas de depósito total.

Segmento de clientes	Número de cuentas	Valor de relación promedio
Banca personal	62,415	$47,230
Banca de negocios	26,237	$183,450

Plataformas de banca de autoservicio digital

Las plataformas de banca digital sirven al 67% de la base total de clientes con las siguientes capacidades:

• Acceso a la cuenta en línea
• Aplicación de banca móvil
• Declaraciones electrónicas
• Transferencias de fondos digitales

Métricas de plataforma digital	2023 datos
Usuarios de banca móvil	59,317
Usuarios bancarios en línea	64,892

Compromiso comunitario y eventos locales

Northfield Bancorp invirtió $ 276,000 en patrocinios y eventos de la comunidad local durante 2023.

Canales de atención al cliente dedicados

La infraestructura de atención al cliente incluye:

• Soporte de banca telefónica 24/7
• Servicios de chat en línea
• Canales de soporte por correo electrónico
• Servicio al cliente en la rama

Canal de soporte	Tiempo de respuesta promedio
Soporte telefónico	3.2 minutos
Chat en línea	2.7 minutos

Servicios de asesoramiento financiero personalizado

Northfield Bancorp brinda servicios de asesoramiento financiero especializados con 42 asesores financieros dedicados que sirven a los clientes.

Tipo de servicio de asesoramiento	Número de clientes atendidos
Gestión de patrimonio	3,215
Planificación de jubilación	2,897
Consultoría de inversión	1,623

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Modelo de negocios: canales

Ubicaciones de ramas físicas

Al 31 de diciembre de 2023, Northfield Bancorp opera 38 oficinas de banca de servicio completo Ubicado en Staten Island, Brooklyn y el condado de Nassau, Nueva York.

Ubicación	Número de ramas
Isla	22
Brooklyn	10
Condado de Nassau	6

Sitio web de banca en línea

El banco ofrece servicios integrales de banca en línea a través de su plataforma web segura, que ofrece las siguientes características:

• Seguimiento del saldo de la cuenta
• Transferencias de fondos
• Servicios de pago de facturas
• Declaraciones electrónicas
• Depósito de cheque móvil

Aplicación de banca móvil

La aplicación de banca móvil de Northfield Bancorp, disponible en plataformas iOS y Android, es compatible con:

• Monitoreo de cuentas en tiempo real
• Depósito de cheque móvil
• Pagos de persona a persona
• Gestión de tarjetas

Red de cajeros automáticos

Tipo de cajero automático	Número
Cajeros automáticos	38
ATM de red compartidos	30,000+ en todo el país

Centro de llamadas de servicio al cliente

El banco mantiene un centro de servicio al cliente con los siguientes detalles operativos:

• Horas de operación: 8:00 am - 8:00 pm EST
• Número de teléfono de soporte al cliente: (718) 448-7600
• Canales de soporte: teléfono, correo electrónico, chat en línea

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Modelo de negocios: segmentos de clientes

Clientes residenciales locales

A partir del cuarto trimestre de 2023, Northfield Bancorp sirve a clientes residenciales principalmente en Staten Island y Brooklyn, Nueva York.

Segmento de clientes	Total de clientes	Saldo de cuenta promedio
Clientes residenciales locales	47,362	$82,415

Pequeñas y medianas empresas

Northfield Bancorp es compatible con los clientes locales de PYME en su huella geográfica.

Categoría de negocios	Total de clientes comerciales	Tamaño promedio del préstamo comercial
Pequeñas empresas	3,215	$425,000
Empresas medianas	1,087	$1,250,000

Inversores inmobiliarios comerciales

Los préstamos inmobiliarios comerciales representan una porción significativa de la cartera de Northfield.

• Préstamos inmobiliarios comerciales totales: $ 1.2 mil millones
• Número de clientes de bienes raíces comerciales: 652
• Tamaño promedio del préstamo: $ 1.84 millones

Organizaciones locales sin fines de lucro

Northfield Bancorp ofrece servicios bancarios especializados a organizaciones sin fines de lucro locales.

Sector sin fines de lucro	Clientes totales sin fines de lucro	Depósitos totales sin fines de lucro
Organizaciones sin fines de lucro locales	187	$ 64.3 millones

Clientes bancarios individuales y familiares

Los servicios bancarios personales atienden a necesidades financieras individuales y familiares.

Tipo de cliente	Total de clientes	Saldo de verificación personal promedio
Clientes individuales	38,912	$47,650
Clientes de banca familiar	22,476	$89,230

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Modelo de negocio: Estructura de costos

Gastos de operación de rama

A partir del informe anual de 2022, Northfield Bancorp informó gastos de ocupación totales de $ 10.7 millones.

Categoría de gastos	Cantidad (2022)
Gastos de alquiler y arrendamiento	$ 4.3 millones
Utilidades	$ 2.1 millones
Mantenimiento y reparaciones	$ 1.9 millones
Seguro de propiedad	$ 0.8 millones

Salarios y beneficios de los empleados

En 2022, los gastos de compensación total de Northfield Bancorp fueron de $ 37.5 millones.

• Salarios: $ 29.2 millones
• Beneficios para empleados: $ 5.6 millones
• Impuestos de nómina: $ 2.7 millones

Mantenimiento de tecnología e infraestructura

Los gastos relacionados con la tecnología para 2022 totalizaron $ 8.6 millones.

Categoría de gastos tecnológicos	Cantidad (2022)
Infraestructura	$ 3.9 millones
Licencia de software	$ 2.1 millones
Ciberseguridad	$ 1.5 millones
Mantenimiento de hardware	$ 1.1 millones

Costos de cumplimiento regulatorio

Los gastos relacionados con el cumplimiento en 2022 fueron de $ 5.2 millones.

• Personal legal y de cumplimiento: $ 2.4 millones
• Tarifas de auditoría externa: $ 1.3 millones
• Sistemas de informes regulatorios: $ 0.9 millones
• Capacitación de cumplimiento: $ 0.6 millones

Gastos de marketing y adquisición de clientes

Los gastos de marketing para 2022 ascendieron a $ 3.1 millones.

Categoría de gastos de marketing	Cantidad (2022)
Marketing digital	$ 1.2 millones
Impresión y medios tradicionales	$ 0.8 millones
Patrocinios comunitarios	$ 0.6 millones
Campañas de adquisición de clientes	$ 0.5 millones

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Modelo de negocios: flujos de ingresos

Ingresos por intereses de préstamos

Para el año fiscal 2023, Northfield Bancorp informó $ 64.2 millones En ingresos por intereses netos. El desglose de la cartera de préstamos es el siguiente:

Categoría de préstamo	Valor total	Porcentaje de cartera
Inmobiliario residencial	$ 1.23 mil millones	62.5%
Inmobiliario comercial	$ 589 millones	29.9%
Comercial & Préstamos industriales	$ 122 millones	6.2%
Préstamos al consumo	$ 37 millones	1.4%

Tarifas de préstamos hipotecarios

Las tarifas de préstamo hipotecario para 2023 totalizaron $ 8.3 millones, que representa un aumento del 3.5% respecto al año anterior.

Cargos de servicio en cuentas de depósito

CARGOS DE SERVICIO Generados $ 5.7 millones en ingresos para el año fiscal 2023.

Tipo de carga de servicio	Ganancia
Tarifas de sobregiro	$ 2.4 millones
Tarifas de mantenimiento de la cuenta	$ 1.9 millones
Tarifas de transacción	$ 1.4 millones

Servicios de inversión y gestión de patrimonio

Los ingresos por servicios de inversión para 2023 fueron $ 12.5 millones.

• Activos bajo administración: $ 456 millones
• Clientes de gestión de patrimonio: 3.200
• Valor de cuenta promedio: $ 142,500

Tarifas de transacción bancaria digital

Tarifas de transacción bancaria digital alcanzadas $ 3.2 millones en 2023.

Servicio digital	Volumen de transacción	Ingresos por tarifas
Banca en línea	1,2 millones de transacciones	$ 1.5 millones
Banca móvil	890,000 transacciones	$ 1.1 millones
Transacciones de cajero automático	510,000 transacciones	$600,000

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Canvas Business Model: Value Propositions

You're looking at what Northfield Bancorp, Inc. offers its community and clients as of late 2025. It's a blend of deep history and modern banking tools, which is key for their regional focus in New York and New Jersey.

• - Community-centric, personalized banking relationships since 1887.
• - Comprehensive suite of retail and commercial deposit and lending products.
• - Strong asset quality, with non-performing loans at 0.36% in Q2 2025.
• - New affordable residential mortgage and home equity programs for accessibility.
• - Enhanced digital tools for flexible, modern financial management.

That community focus is more than just history; it's backed by a physical presence, with Northfield Bank operating at 37 branch locations across Staten Island, Brooklyn, and New Jersey. They offer a full line of deposit products, including passbook, statement, money market savings, transaction deposit accounts, and certificates of deposit. On the lending side, they provide commercial and industrial loans, owner-occupied commercial real estate financing, one-to-four family residential mortgages, construction and land loans, and home equity lines of credit.

The commitment to asset quality is a core value proposition. While the prompt notes the Q2 2025 figure, the most recent data shows they are still managing credit risk effectively, though non-performing loans (NPLs) did tick up slightly from that low point. Here's a quick look at the Q3 2025 snapshot to show the scale and quality metrics:

Financial Metric	Q3 2025 Value	Year-Over-Year Change Context
Net Income (Q3)	$10.8 million	Up from $6.5 million in Q3 2024
Net Interest Margin (Q3)	2.54%	Improved by 46 basis points from Q3 2024
Non-Performing Loans (NPL) Ratio	0.49%	Slight increase from 0.48% in Q1 2025
Total Assets (As of Sept 30)	$5.73 billion	Slight decrease of 1.0% from the prior year
Total Deposits (As of Sept 30)	$3.97 billion	Up from $3.87 billion year-ago balance

The bank is definitely working to keep its offerings accessible. For example, the nine-month net income through September 30, 2025, reached $28.2 million, a significant jump from $18.7 million in the same period last year, largely driven by better net interest income. This improved profitability helps support shareholder returns, evidenced by the declared quarterly cash dividend of $0.13 per share payable in November 2025.

While the search results don't give a specific dollar amount for new affordable mortgage programs or digital tool adoption, the operational data suggests focus areas. The loan portfolio shifted, with total loans decreasing by 3.1% to $3.86 billion as of September 30, 2025, while available-for-sale debt securities grew by 20.9% to $1.33 billion. This suggests a strategic repositioning of assets, perhaps favoring more liquid or agency-backed assets over certain loan types, which could free up capital to support targeted lending programs like those for residential mortgages or home equity. If onboarding for new digital features takes 14+ days, churn risk rises, so speed here is critical.

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Canvas Business Model: Customer Relationships

You're looking at how Northfield Bancorp, Inc. keeps its customers close, which is key for a community bank operating in competitive markets like Staten Island and New Jersey. The whole model is built around that local touch, which they back up with hard numbers showing relationship depth.

The foundation is relationship banking, emphasizing trust and deep local market understanding. This isn't just talk; you can see it in their physical footprint and how they manage deposits. Northfield Bank offers its full line of products across its 37 branch locations spanning Staten Island, Brooklyn, and New Jersey. The bank's strategy remains grounded in community banking fundamentals, focusing on core deposit growth, especially in low-cost transaction accounts.

Here's a snapshot of the relationship strength as of mid-2025:

Metric	Value as of June 30, 2025	Context/Comparison
Total Deposits (Excluding Brokered)	$3.99 billion	Decreased 3.7% from $4.14 billion at December 31, 2024.
Estimated Uninsured Deposits (Non-Gov/Intercompany)	$929.2 million	Represents 23.1% of total deposits.
Uninsured Deposits (Non-Gov/Intercompany) Dec 31, 2024	$896.5 million	Represents 21.7% of total deposits at year-end 2024.
Cost of Deposits (Excluding Brokered)	1.88%	Lower than 1.94% at March 31, 2025.

For business clients, the focus shifts to dedicated commercial relationship managers. This dedicated approach is clearly driving deposit acquisition, as growth in transaction accounts and time deposits for the quarter ended June 30, 2025, was primarily due to new municipal relationships and new commercial customer relationships. To give you a sense of their commercial book, the commercial loan portfolio, which includes Owner-Occupied and Commercial & Industrial loans, stood at $546.7 million at the end of 2024. They offer advanced treasury and cash management solutions for these business clients.

When a customer has a complex need, Northfield Bancorp, Inc. leans into that high-touch service available at its physical branches. This personalized support extends to assistance with account management and loan applications, where they emphasize providing personal support throughout the process. This focus on personal interaction is what they aim to complement with digital tools, not replace. In fact, relationship marketing efforts in Q3 2024 showed a 15% YoY customer retention increase. Still, the bank is defintely pushing digital adoption.

Automated self-service is now powered by a significantly upgraded platform. Northfield Bank launched its new Digital Banking Experience on June 9, 2025. This upgrade was designed to be more seamless, secure, and user-friendly, aligning with the industry trend where a significant portion of transactions were digital back in 2024. The new platform offers:

• Improved Speed & Performance for faster transactions.
• Enhanced Functionality for efficient account management.
• Augmented cash management features for businesses.
• Robust Security Measures, including multi-factor authentication.

The bank also reported that Non-interest Income, which often includes fee income from services, grew by 25.0% to $4.72 million for the nine months ending September 30, 2025, partly driven by enhanced customer service fees.

Finance: draft 13-week cash view by Friday.

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Canvas Business Model: Channels

Northfield Bancorp, Inc. deploys its value proposition through a mix of established physical infrastructure and modern digital access points to serve its New York and New Jersey customer base.

The physical footprint remains a core channel for relationship building and complex transactions.

Channel Component	Metric	Latest Reported Value
Network of physical branches	Number of Branch Locations	37
Direct Commercial Lending	Commercial and Industrial Loans (Held-for-Investment)	$158.5 million (as of June 30, 2025)
Direct Commercial Lending	Small Business Unsecured C&I Portfolio	$24.0 million (as of June 30, 2025)

The physical channel is supported by a dedicated team for business development.

• - Network of physical Northfield Bank branches in New York and New Jersey.
• - Direct commercial lending team for business development.

Digital channels are increasingly important for transaction processing and account management.

• - Online and mobile banking for retail and business customers.
• - The launch of new best-in-class digital banking solutions took place in 2025.
• - Automated Teller Machine (ATM) network.
• - Checking accounts often feature access to free ATMs.

The bank offers robust digital platforms allowing customers to manage accounts, transfer funds, pay bills, and deposit checks remotely via the mobile app.

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Canvas Business Model: Customer Segments

Northfield Bancorp, Inc., through Northfield Bank, serves its community across Staten Island, Brooklyn, and New Jersey, operating from 37 branch locations as of late 2024.

The customer base is segmented across several key lending and deposit categories:

• Individuals and families in the local New Jersey and Staten Island, NY markets (Retail): This segment is supported by products like one-to-four family residential loans, which totaled $146.8 million as of March 31, 2025.
• Small to medium-sized businesses (SMEs) needing commercial lending and cash management: Commercial and industrial loans stood at $158.5 million at June 30, 2025. The unsecured portion of the small business C&I portfolio was $22.4 million as of September 30, 2025. The broader Small Business Lending portfolio size was reported at $1,059 million as of September 30, 2025.
• Commercial Real Estate (CRE) investors, particularly in multifamily and owner-occupied properties: Multifamily loans were a significant component, totaling $2.48 billion at June 30, 2025. Non-owner occupied CRE loans to total risk-based capital was estimated at approximately 424% as of March 31, 2025.
• First-time homebuyers and low-to-moderate income families (new program focus): Northfield Bank offered the Homebuyer Dream Program, providing grants up to $20,000 toward downpayment and closing costs. This program was active from Monday, February 10, 2025, through Friday, August 29, 2025, and was restricted to low-to-moderate income first-time homebuyers.

The overall loan portfolio composition provides a snapshot of the focus across these customer types as of mid-to-late 2025:

Loan Category	Balance as of Date	Specific Metric/Context
Total Loans and Leases	$3.86 billion (as of 9/30/2025)	Total loans held-for-investment, net, decreased by 3.1% from December 31, 2024.
Multifamily Loans	$2.48 billion (as of 6/30/2025)	Decreased 4.4% from December 31, 2024.
Commercial Real Estate (CRE) Loans (Total)	$886.1 million (as of 6/30/2025)	Decreased 0.4% from December 31, 2024.
Commercial and Industrial (C&I) Loans	$158.5 million (as of 6/30/2025)	Decreased 3.0% from December 31, 2024.
One-to-Four Family Residential Loans	$146.8 million (as of 3/31/2025)	Decreased 2.3% from December 31, 2024.
Small Business Unsecured C&I Loans	$22.4 million (as of 9/30/2025)	This specific portfolio is closely monitored.

The bank maintained strong liquidity, with over $800 million in unpledged available-for-sale securities and loans readily available-for-pledge of approximately $1 billion as of June 30, 2025. By September 30, 2025, the available-for-sale debt securities portfolio grew by 20.9% to $1.33 billion.

The core customer base is further defined by the geographic service area and the nature of their financial needs:

• Customers are concentrated in the New Jersey and Staten Island, NY mortgage lending area.
• The bank supports community organizations involved with housing, economic development, healthcare & social services, education, cultural affairs and the arts.
• The company declared a cash dividend of $0.13 per share, payable on August 20, 2025, to stockholders of record as of August 6, 2025. A subsequent dividend of $0.13 was declared payable November 19, 2025.

Finance: draft 13-week cash view by Friday.

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Canvas Business Model: Cost Structure

The Cost Structure for Northfield Bancorp, Inc. (NFBK) is heavily influenced by funding costs, personnel, and managing credit risk in the current economic climate.

Interest expense on deposits and borrowings remains a primary cost component. For the second quarter of 2025, the cost of deposits, excluding brokered deposits, stood at 1.88% as of June 30, 2025. This represented a slight improvement from 1.94% at March 31, 2025. For the three months ended June 30, 2025, interest expense decreased by $3.5 million compared to the same period in the prior year, driven by a decrease in the average balance of interest-bearing liabilities.

Personnel costs reflect the ongoing investment in the team, which was approximately 360 employees as of December 31, 2024. However, you should note that the headcount has been increasing. For the nine months ended September 30, 2025, non-interest expense included a $1.4 million increase in employee compensation and benefits, attributed to annual merit increases and an increase in headcount. Similarly, for the third quarter of 2025 year-over-year, employee compensation and benefits rose by $2.1 million.

Non-interest operating expenses cover the infrastructure supporting Northfield Bancorp, Inc.'s operations, including the branch network and technology. For the nine months ended September 30, 2025, total non-interest expense was $67.8 million, up 3.2% from $65.7 million for the same period in 2024. A specific technology-related cost noted in Q3 2025 was an increase of $659,000 in data processing costs, tied to core system expenses and digital banking conversion costs.

Managing credit risk through the Provision for Credit Losses on Loans is a significant variable cost that has seen upward pressure. This increase is directly linked to macroeconomic forecasts. For the first quarter of 2025, the provision rose to $2.6 million from $1.9 million in the prior quarter. For the quarter ended June 30, 2025, the provision was $2.1 million. The cumulative impact for the nine months ended September 30, 2025, showed the provision increasing by $3.4 million to reach $5.7 million, primarily due to an increase in general reserves related to a worsening macroeconomic forecast within the Current Expected Credit Loss (CECL) model.

Here is a quick look at some of the key expense components for the nine months ended September 30, 2025, compared to the prior year:

Cost Component Category	Nine Months Ended Sept 30, 2025 Amount	Year-over-Year Change (9 Months)
Total Non-Interest Expense	$67.8 million	Increase of $2.1 million (or 3.2%)
Provision for Credit Losses on Loans	$5.7 million	Increase of $3.4 million
Employee Compensation and Benefits (Component of Non-Interest Expense)	Not explicitly stated as total, but increase was $1.4 million	Increase due to merit increases and headcount growth

What this estimate hides is the precise breakdown between branch network maintenance versus technology maintenance within the total non-interest operating expenses, so you'll want Finance to pull the detailed general ledger breakdown for that.

You should review the latest quarterly filing to get the most current employee count and the exact interest expense for Q3 2025. Finance: draft 13-week cash view by Friday.

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Canvas Business Model: Revenue Streams

You're looking at how Northfield Bancorp, Inc. actually brings in the money, which for a bank like NFBK, is all about the spread between what they earn on assets and what they pay on liabilities. The core of this is the Net interest income from the loan and investment portfolios. This is the engine room, and it's been humming nicely; the Net Interest Margin (NIM) reached 2.57% in Q2 2025, showing they managed funding costs well while keeping asset yields up. By the end of Q3 2025, the NIM was reported at 2.54% for the quarter, and for the first nine months of 2025, it stood at 2.50%.

The interest income component is directly tied to the composition of their earning assets, which are heavily weighted toward real estate lending, though they are managing concentration risk. The primary drivers here are the interest earned on their loan book, which includes commercial real estate, residential mortgages, and commercial & industrial (C&I) loans. You can see the scale of these key lending segments as of September 30, 2025:

Loan Portfolio Segment (as of 9/30/2025)	Principal Balance
Commercial Real Estate Loans	$894.5 million
Home Equity and Lines of Credit	$193.3 million
One-to-Four Family Residential Loans	$166.0 million
Small Business Unsecured C&I Loans (as of 9/30/2025)	$22.4 million

Also contributing to the top line is Non-interest income, which comes from the fees you pay for services and other non-lending activities. This stream saw a boost in Q2 2025, rising to $4.5 million for that quarter, partly due to gains on trading securities and income from bank-owned life insurance (BOLI). Service charges and fees are a steady, albeit smaller, part of this.

When you look at the overall profitability from these streams, the results for the year-to-date period are quite strong. For the nine months ended September 30, 2025, Net income totaled $28.2 million, a significant jump from $18.7 million in the same period last year. This growth was largely fueled by that increased net interest income, which was up $15.9 million year-over-year for the nine-month period.

Here's a quick look at the key income metrics for the latest reported periods:

• Net Interest Income (9 months ended 9/30/2025): Increased 18.7% year-over-year.
• Net Interest Margin (Q2 2025): 2.57%.
• Net Income (9 months ended 9/30/2025): $28.2 million.
• Net Income (Q3 2025): $10.8 million.