Core Viewpoint - The Federal Reserve Board has approved Fulton Financial Corporation's application to acquire Blue Foundry Bancorp and Blue Foundry Bank, indicating a significant move in the banking sector [1] Group 1 - Fulton Financial Corporation is based in Lancaster, Pennsylvania [1] - Blue Foundry Bancorp and Blue Foundry Bank are located in Rutherford, New Jersey [1]

Core Insights - The discussion highlights the appeal of FDIC insurance among small depositors, emphasizing the importance of digital engagement for banks to retain customers [1] - The conversation also points to the ongoing trend of mergers and acquisitions (M&A) in the banking sector, driven by the need for digital capabilities and the integration of AI technologies [1] Company Insights - North Shore Trust & Savings Bank, now NSTS Bancorp, is identified as a small bank with a high equity to asset ratio of 29 and trades at 70% of tangible book value, making it an attractive investment opportunity [2][3] - RBB Bancorp, a Korean bank based in Los Angeles, is trading at 77% of book value, offering a 3% dividend and maintaining a 12 equity to asset ratio, indicating potential value for investors [4]

Core Viewpoint - Blue Foundry Bancorp will release its financial results for the third quarter of 2025 on October 29, 2025, and will hold a conference call to discuss these results with investors and analysts [1][2]. Financial Results Announcement - The financial results for the quarter ended September 30, 2025, will be available on the Company's website and the SEC's website [1]. - A conference call for investors and analysts is scheduled for October 29, 2025, at 11:00 AM (ET) to discuss the earnings [2]. Conference Call Details - Participants are encouraged to pre-register for the webcast call, and upon registration, they will receive confirmation and a calendar invitation [3]. - Dial-in information is provided for those unable to join via webcast, including toll-free and local numbers [4]. Company Overview - Blue Foundry Bancorp is the holding company for Blue Foundry Bank, which has a history of over 145 years and serves various counties in New Jersey [4]. - The bank offers tailored products and services to individuals and businesses, focusing on community engagement and support [4].

Core Viewpoint - Blue Foundry Bancorp will release its financial results for the second quarter of 2025 on July 30, 2025, and will hold a conference call to discuss these results with investors and analysts [1][2]. Group 1: Financial Results Announcement - The financial results for the quarter ended June 30, 2025, will be available on the Company's website and the SEC's website [1]. - A conference call for investors and analysts is scheduled for July 30, 2025, at 11:00 AM (ET) to discuss the earnings [2]. Group 2: Conference Call Details - Participants are encouraged to pre-register for the webcast call to receive confirmation and calendar invitations [3]. - Dial-in options are available for those unable to join via webcast, with specific numbers provided for both U.S. and international participants [4]. Group 3: Company Overview - Blue Foundry Bancorp is the holding company for Blue Foundry Bank, which has a history of over 145 years and serves various counties in New Jersey [4]. - The bank focuses on providing tailored products and services to individuals and businesses, emphasizing its commitment to customers and communities [4].

Core Points - Blue Foundry Bancorp reported a net loss of $2.7 million, or $0.13 per diluted common share, for Q1 2025, consistent with the previous quarter and slightly improved from a net loss of $2.8 million in Q1 2024 [1][34]. Financial Performance - The net interest margin increased by 27 basis points to 2.16%, driven by improved yields on assets and reduced costs of liabilities [2][12]. - Interest income for the quarter was $22.7 million, up by $928 thousand, or 4.3%, compared to the previous quarter [6]. - Interest expense decreased by $343 thousand, or 2.8%, to $12.0 million compared to the linked quarter [6]. Loan and Deposit Growth - Total loans increased by $42.2 million to $1.63 billion, with significant growth in commercial real estate and consumer portfolios [4][22]. - Deposits rose by $43.9 million to $1.39 billion, with increases in NOW and demand accounts and time deposits [7][22]. Asset Quality - The non-performing asset ratio was 0.27%, with non-performing loans totaling $5.7 million, or 0.35% of total loans [28][36]. - The allowance for credit losses on loans was 0.81% of gross loans, with a provision for credit losses of $201 thousand recorded for Q1 2025 [28][36]. Capital Position - Tangible book value per share increased to $14.81, and the company maintained a strong capital position [2][28]. - Shareholders' equity decreased by $5.5 million to $326.7 million, primarily due to share repurchases [28].

Core Points - Blue Foundry Bancorp will release its financial results for the quarter ended March 31, 2025, on April 30, 2025 [1] - A conference call for investors and analysts will be held on the same day at 11:00 AM (ET) to discuss the earnings [2] - Participants are encouraged to pre-register for the webcast call [3] Company Overview - Blue Foundry Bancorp is the holding company for Blue Foundry Bank, headquartered in Rutherford, NJ, with a presence in several counties [4] - The bank offers tailored products and services to individuals and businesses, emphasizing its commitment to the community [4] - Blue Foundry Bank has a history of over 145 years, highlighting its longstanding dedication to customers [4]