Northfield Bancorp, Inc. (Staten Island, NY) (NFBK): Canvas de modelo de negócios [Jan-2025 Atualizado]

Aninhado no coração de Staten Island, Northfield Bancorp, Inc. (NFBK) surge como uma potência financeira da comunidade dinâmica, tecendo juntas estratégias bancárias inovadoras com raízes locais profundas. Essa lona abrangente do modelo de negócios revela como esse banco regional transforma os paradigmas bancários tradicionais, oferecendo uma mistura única de serviço personalizado, soluções digitais de ponta e compromisso inabalável com o desenvolvimento econômico local. De suas parcerias estratégicas a diversos fluxos de receita, o NFBK demonstra uma abordagem sofisticada do setor bancário moderno que vai muito além de meras transações financeiras, criando conexões significativas com clientes e comunidades em Staten Island e Nova Jersey.

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Modelo de negócios: Parcerias -chave

Recomenda -se desenvolvedores imobiliários locais e corretores hipotecários

A partir do quarto trimestre de 2023, a Northfield Bancorp mantém parcerias estratégicas com aproximadamente 47 promotores imobiliários locais e 63 empresas de corretagem de hipotecas nas regiões de Staten Island e Nova Jersey.

Categoria de parceria	Número de parceiros	Volume total de empréstimos
Promotores imobiliários	47	US $ 312,6 milhões
Corretores hipotecários	63	US $ 228,4 milhões

Organizações comunitárias em Staten Island e Nova Jersey

Northfield Bancorp colabora com 22 organizações comunitárias focadas no desenvolvimento econômico e no apoio da comunidade local.

• Parcerias da Câmara de Comércio Local: 8
• Conselhos de Desenvolvimento Econômico: 6
• Redes de suporte para pequenas empresas: 5
• Programas de reinvestimento da comunidade: 3

Provedores de serviços financeiros regionais

Tipo de parceiro	Número de parcerias	Receita colaborativa anual
Serviços de processamento de pagamento	5	US $ 4,2 milhões
Agências de relatórios de crédito	3	US $ 1,7 milhão
Provedores de seguros	4	US $ 3,1 milhões

Fornecedores de tecnologia para soluções bancárias digitais

A Northfield Bancorp faz parceria com 6 fornecedores de tecnologia especializados em infraestrutura bancária digital.

• Provedores de sistemas bancários principais: 2
• Desenvolvedores de aplicativos bancários móveis: 2
• Provedores de solução de segurança cibernética: 2

Categoria de parceiro de tecnologia	Investimento anual	Status de implementação
Plataformas bancárias digitais	US $ 2,8 milhões	Totalmente implementado
Soluções de segurança cibernética	US $ 1,5 milhão	Aprimoramento contínuo

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Modelo de negócios: Atividades -chave

Empréstimos comerciais e residenciais

No terceiro trimestre de 2023, Northfield Bancorp informou:

Categoria de empréstimo	Balanço total
Portfólio total de empréstimos	US $ 2,94 bilhões
Empréstimos imobiliários comerciais	US $ 1,68 bilhão
Empréstimos hipotecários residenciais	US $ 1,02 bilhão
Empréstimos de construção e desenvolvimento de terras	US $ 240 milhões

Gerenciamento de contas de depósito e poupança

Redução do portfólio de depósito a partir do terceiro trimestre 2023:

Tipo de depósito	Balanço total
Total de depósitos	US $ 3,51 bilhões
Depósitos de rolamento não interessantes	US $ 436 milhões
Contas de corrente portadoras de juros	US $ 1,24 bilhão
Contas de poupança	US $ 1,02 bilhão
Depósitos de tempo	US $ 810 milhões

Serviços bancários online e móveis

• Usuários ativos da plataforma bancária digital: 68.500
• Downloads de aplicativos bancários móveis: 42.300
• Volume de transações on -line em 2023: 3,2 milhões de transações

Comunidade bancária e gerenciamento de relacionamento

Estatísticas da rede de filiais:

• Total de ramos: 22
• Área de serviço primário: Staten Island e Brooklyn, NY
• Relacionamentos de negócios da comunidade: 1.850 clientes comerciais ativos

Gerenciamento de patrimônio e serviços de consultoria financeira

Categoria de serviço	Total de ativos sob gestão
Gestão de patrimônio	US $ 412 milhões
Serviços de consultoria de investimentos	US $ 287 milhões
Planejamento de aposentadoria	US $ 125 milhões

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Modelo de negócios: Recursos -chave

Forte presença do mercado local

A partir do quarto trimestre de 2023, a Northfield Bancorp opera 22 filiais de serviço completo em Staten Island e Nova Jersey. Total de ativos relatados em US $ 6,35 bilhões.

Cobertura geográfica	Número de ramificações
Staten Island	12
Nova Jersey	10

Equipe de liderança bancária experiente

Composição de liderança em 2024:

• Steven M. Klein - Presidente e CEO
• Donna Reale - Diretor Financeiro
• PRODIÇÃO EXECUTIVO Média: 15,6 anos em bancos

Infraestrutura de tecnologia bancária digital

Investimento de tecnologia em 2023: US $ 4,2 milhões

Serviço digital	Taxa de adoção do usuário
Mobile Banking	68%
Bancos online	72%

Rede de ramificação física

Rede total de ramificação: 22 locais

• Tamanho médio da ramificação: 3.500 pés quadrados.
• Valor imobiliário total da filial: US $ 42,1 milhões

Base estável de depósito de clientes

Métricas de depósito a partir do quarto trimestre 2023:

Categoria de depósito	Montante total
Total de depósitos	US $ 5,68 bilhões
Depósitos de rolamento não interessantes	US $ 687 milhões

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

Experiência bancária comunitária personalizada

A partir do quarto trimestre 2023, Northfield Bancorp serve 6 municípios em Nova York e Nova Jersey, com 30 locais de ramificação de serviço completo. Total de ativos relatados em US $ 6,49 bilhões, demonstrando forte presença no mercado local.

Métrica de serviço	2023 dados
Locais totais de ramificação	30
Condados servidos	6
Total de ativos	US $ 6,49 bilhões

Taxas de juros competitivas para empréstimos e depósitos

Taxas de juros em dezembro de 2023:

• Conta de poupança pessoal: 0,50% APY
• Conta do mercado monetário: 1,25% APY
• CD de 1 ano: 3,75% APY
• Taxas de empréstimos pessoais: a partir de 7,99% APR
• Taxas de hipoteca: 30 anos fixados em 6,75%

Tomada de decisão local e processamento rápido de empréstimos

Tempo médio de processamento de empréstimo: 3-5 dias úteis. O Comitê de Aprovação de Empréstimos Local se reúne duas vezes por semana, permitindo uma rápida tomada de decisão para empréstimos comerciais e pessoais.

Serviços financeiros abrangentes

Categoria de serviço	Ofertas de produtos
Bancos pessoais	Verificação, economia, CDs, bancos online
Banking de negócios	Empréstimos comerciais, verificação de negócios, serviços comerciais
Empréstimo	Hipotecas, empréstimos pessoais, empréstimos imobiliários comerciais

Compromisso de Desenvolvimento Comunitário Local

2023 Métricas de investimento comunitário:

• Empréstimos de desenvolvimento comunitário: US $ 127 milhões
• Contribuições de caridade: US $ 350.000
• Suporte local para pequenas empresas: 215 empresas financiadas
• Patrocínio de eventos comunitários: 42 eventos locais

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Modelo de Negócios: Relacionamentos ao Cliente

Gerenciamento de relacionamento bancário pessoal

No quarto trimestre 2023, Northfield Bancorp mantinha 34 localizações de filiais de serviço completo principalmente em Staten Island e Nova Jersey. O gerenciamento de relacionamento com o cliente envolve interações diretas com 88.652 detentores de contas totais de depósito.

Segmento de clientes	Número de contas	Valor médio do relacionamento
Bancos pessoais	62,415	$47,230
Banking de negócios	26,237	$183,450

Plataformas bancárias de autoatendimento digital

As plataformas bancárias digitais atendem a 67% da base total de clientes com os seguintes recursos:

• Acesso à conta on -line
• Aplicativo bancário móvel
• Declarações eletrônicas
• Transferências de fundos digitais

Métricas de plataforma digital	2023 dados
Usuários bancários móveis	59,317
Usuários bancários online	64,892

Engajamento da comunidade e eventos locais

Northfield Bancorp investiu US $ 276.000 em patrocínios e eventos da comunidade local durante 2023.

Canais dedicados de suporte ao cliente

A infraestrutura de suporte ao cliente inclui:

• Suporte a banco por telefone 24/7
• Serviços de bate -papo online
• Canais de suporte de email
• Atendimento ao cliente no ramo

Canal de suporte	Tempo médio de resposta
Suporte por telefone	3,2 minutos
Chat online	2,7 minutos

Serviços de Consultoria Financeira Personalizada

A Northfield Bancorp fornece serviços de consultoria financeira especializados com 42 consultores financeiros dedicados que atendem aos clientes.

Tipo de serviço de consultoria	Número de clientes atendidos
Gestão de patrimônio	3,215
Planejamento de aposentadoria	2,897
Consultoria de investimento	1,623

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Modelo de Negócios: Canais

Locais de ramificação física

Em 31 de dezembro de 2023, o Northfield Bancorp opera 38 escritórios bancários de serviço completo Localizado em Staten Island, Brooklyn e Nassau County, Nova York.

Localização	Número de ramificações
Staten Island	22
Brooklyn	10
Condado de Nassau	6

Site bancário online

O banco fornece serviços bancários on -line abrangentes por meio de sua plataforma Web segura, oferecendo os seguintes recursos:

• Rastreamento do saldo da conta
• Transferências de fundos
• Serviços de pagamento da conta
• Declarações eletrônicas
• Depósito de cheque móvel

Aplicativo bancário móvel

O aplicativo Banking Mobile Banking da Northfield Bancorp, disponível em plataformas iOS e Android, suporta:

• Monitoramento de contas em tempo real
• Depósito de cheque móvel
• Pagamentos de pessoa a pessoa
• Gerenciamento de cartões

Rede ATM

Tipo de atm	Número
Caixas eletrônicos proprietários	38
Caixas eletrônicos de rede compartilhada	Mais de 30.000 em todo o país

Atendimento ao cliente Call Center

O banco mantém um centro de atendimento ao cliente com os seguintes detalhes operacionais:

• Horário de operação: 8:00 - 20:00 EST
• Número de telefone de suporte ao cliente: (718) 448-7600
• Canais de suporte: telefone, e -mail, chat online

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

Clientes residenciais locais

A partir do quarto trimestre de 2023, a Northfield Bancorp atende clientes residenciais principalmente em Staten Island e Brooklyn, Nova York.

Segmento de clientes	Total de clientes	Saldo médio da conta
Clientes residenciais locais	47,362	$82,415

Pequenas e médias empresas

A Northfield Bancorp suporta clientes locais de PME em sua presença geográfica.

Categoria de negócios	Total de clientes comerciais	Tamanho médio de empréstimo comercial
Pequenas empresas	3,215	$425,000
Empresas médias	1,087	$1,250,000

Investidores imobiliários comerciais

Os empréstimos imobiliários comerciais representam uma parcela significativa do portfólio de Northfield.

• Empréstimos imobiliários comerciais totais: US $ 1,2 bilhão
• Número de clientes imobiliários comerciais: 652
• Tamanho médio do empréstimo: US $ 1,84 milhão

Organizações sem fins lucrativos locais

Northfield Bancorp fornece serviços bancários especializados para organizações sem fins lucrativos locais.

Setor sem fins lucrativos	Total de clientes sem fins lucrativos	Total de depósitos sem fins lucrativos
Organizações sem fins lucrativos locais	187	US $ 64,3 milhões

Clientes bancários individuais e familiares

Os serviços bancários pessoais atendem às necessidades financeiras individuais e familiares.

Tipo de cliente	Total de clientes	Equilíbrio de verificação pessoal média
Clientes individuais	38,912	$47,650
Clientes bancários da família	22,476	$89,230

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Modelo de negócios: estrutura de custos

Despesas de operação de ramificação

No relatório anual de 2022, a Northfield Bancorp registrou despesas totais de ocupação de US $ 10,7 milhões.

Categoria de despesa	Valor (2022)
Rent e arrendamento de despesas	US $ 4,3 milhões
Utilitários	US $ 2,1 milhões
Manutenção e reparos	US $ 1,9 milhão
Seguro de propriedade	US $ 0,8 milhão

Salários e benefícios dos funcionários

Em 2022, as despesas totais de compensação do Northfield Bancorp foram de US $ 37,5 milhões.

• Salários: US $ 29,2 milhões
• Benefícios dos funcionários: US $ 5,6 milhões
• Impostos sobre folha de pagamento: US $ 2,7 milhões

Manutenção de tecnologia e infraestrutura

As despesas relacionadas à tecnologia em 2022 totalizaram US $ 8,6 milhões.

Categoria de despesa de tecnologia	Valor (2022)
Infraestrutura de TI	US $ 3,9 milhões
Licenciamento de software	US $ 2,1 milhões
Segurança cibernética	US $ 1,5 milhão
Manutenção de hardware	US $ 1,1 milhão

Custos de conformidade regulatória

As despesas relacionadas à conformidade em 2022 foram de US $ 5,2 milhões.

• Equipe legal e de conformidade: US $ 2,4 milhões
• Taxas de auditoria externa: US $ 1,3 milhão
• Sistemas de relatórios regulatórios: US $ 0,9 milhão
• Treinamento de conformidade: US $ 0,6 milhão

Despesas de marketing e aquisição de clientes

As despesas de marketing de 2022 totalizaram US $ 3,1 milhões.

Categoria de despesa de marketing	Valor (2022)
Marketing digital	US $ 1,2 milhão
Mídia impressa e tradicional	US $ 0,8 milhão
Patrocínio da comunidade	US $ 0,6 milhão
Campanhas de aquisição de clientes	US $ 0,5 milhão

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) - Modelo de negócios: fluxos de receita

Receita de juros de empréstimos

Para o ano fiscal de 2023, Northfield Bancorp informou US $ 64,2 milhões na receita de juros líquidos. A quebra da carteira de empréstimos é a seguinte:

Categoria de empréstimo	Valor total	Porcentagem de portfólio
Imóveis residenciais	US $ 1,23 bilhão	62.5%
Imóveis comerciais	US $ 589 milhões	29.9%
Comercial & Empréstimos industriais	US $ 122 milhões	6.2%
Empréstimos ao consumidor	US $ 37 milhões	1.4%

Taxas de empréstimos hipotecários

Taxas de empréstimos hipotecários para 2023 totalizaram US $ 8,3 milhões, representando um aumento de 3,5% em relação ao ano anterior.

Cobranças de serviço em contas de depósito

Encargos de serviço gerados US $ 5,7 milhões em receita para o ano fiscal de 2023.

Tipo de cobrança de serviço	Receita
Taxas de cheque especial	US $ 2,4 milhões
Taxas de manutenção da conta	US $ 1,9 milhão
Taxas de transação	US $ 1,4 milhão

Serviços de investimento e gerenciamento de patrimônio

A receita de serviços de investimento para 2023 foi US $ 12,5 milhões.

• Ativos sob gestão: US $ 456 milhões
• Clientes de gerenciamento de patrimônio: 3.200
• Valor médio da conta: US $ 142.500

Taxas de transação bancária digital

Taxas de transação bancária digital alcançadas US $ 3,2 milhões em 2023.

Serviço digital	Volume de transação	Receita de taxas
Bancos online	1,2 milhão de transações	US $ 1,5 milhão
Mobile Banking	890.000 transações	US $ 1,1 milhão
Transações ATM	510.000 transações	$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.