UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 21, 2004
BCB Bancorp, Inc.
(Exact name of registrant as specified in its charter)
New Jersey 0-50275 26-0065262
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(State or other (SEC File Number) (I.R.S. Employer
jurisdiction of Identification No.)
incorporation)
104-110 Avenue C, Bayonne, New Jersey 07002
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(Address of principal executive offices)
Registrant's telephone number, including area code: (201) 823-0700
Not Applicable
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(Former name or former address, if changed since last report)
CURRENT REPORT ON FORM 8-K
Item 5. Other Events
On May 21, 2004, BCB Bancorp, Inc. certified the results of the Annual
Meeting of Stockholders, in which the Company's nominees to the Board of
Directors were elected by stockholders. In addition, Radics & Co., LLC was
ratified as the Company's independent auditors.
Item 7. Exhibits
Exhibit 99.1 By release dated May 21, 2004, BCB Bancorp, Inc. announced the
results of its Annual Meeting of Stockholders.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
BCB Bancorp, Inc.
DATE: May 21, 2004 By: /s/ Donald Mindiak
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Donald Mindiak
President and Chief Executive Officer
Exhibit 99.1
BCB Bancorp, Inc., Shareholders Elect Management's Nominees to Board of
Directors
BCB Bancorp, Inc. (OTC: BCBP) ("BCB", or the "Company") announced today that the
independent Inspectors of Election, IVS Associates, Inc., has certified the
final results of the voting at the Company's annual meeting held on Tuesday, May
11, 2004. Shareholders elected the slate of Management's 10 nominees to serve on
the Company's Board of Directors. Of the shares voted at BCB's annual meeting,
60.6% (1,362,025 shares) were voted in favor of Management's nominees and 39.0%
(876,753 shares) were voted in favor of the Committee for Sound Corporate
Governances' slate.
Donald Mindiak, President and Chief Executive Officer, stated "Our Management
team is gratified by the results of the annual meeting and would like to thank
our shareholders for their support and vote of confidence. As we have said all
along, we are committed to enhancing shareholder value by building a solid
company with the highest quality products and customer service."
In addition to the election of directors, shareholders also ratified the
appointment of Radics & Co., LLC as the Company's independent auditors for the
year ending December 31, 2004. Votes cast in favor of this proposal exceeded
2,234,274 or 99.5% of the votes cast at the meeting.
BCB Bancorp, Inc. is a New Jersey corporation, which on May 1, 2003 became the
holding company parent of Bayonne Community Bank. The Company's executive office
is located at 104-110 Avenue C, Bayonne New Jersey 07002. At March 31, 2004 we
had $337.9 million in consolidated assets, $288.9 million in deposits and $22.9
million in consolidated stockholders' equity.
Bayonne Community Bank was chartered as a New Jersey bank on October 27, 2000
and opened for business on November 1, 2000. We operate through three branches
in Bayonne New Jersey and through our executive office located at 104-110 Avenue
C, Bayonne, New Jersey 07002. Our deposit accounts are insured by the Federal
Deposit Insurance Corporation and we are a member of the Federal Home Loan Bank
System.
Forward Looking Statements
This discussion, and other written material, and statements management may make,
may contain certain forward-looking statements regarding the Company's
prospective performance and strategies within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. The Company intends such forward-looking statements to
be covered by the safe harbor provisions for forward-looking statements
contained in the Private Securities Litigation Reform Act of 1995, and is
including this statement for purposes of said safe harbor provisions.
Forward-looking information is inherently subject to risks and uncertainties,
and actual results could differ materially from those currently anticipated due
to a number of factors, which include, but are not limited to, factors discussed
in the Bank's Annual Report on Form 10-K and in other documents filed by the
Bank with the FDIC or the Securities and Exchange Commission from time to time.
Forward-looking statements, which are based on certain assumptions and describe
future plans, strategies and expectations of the Company, are generally
identified by the use of the words "plan," "believe," "expect," "intend,"
"anticipate," "estimate," "project," "may," "will," "should," "could,"
"predicts," "forecasts," "potential," or "continue" or similar terms or the
negative of these terms. The Company's ability to predict results or the actual
effects of its plans or strategies is inherently uncertain. Accordingly, actual
results may differ materially from anticipated results.
Factors that could have a material adverse effect on the operations of the
Company and its subsidiaries include, but are not limited to, changes in market
interest rates, general economic conditions, legislation, and regulation;
changes in monetary and fiscal policies of the United States Government,
including policies of the United States Treasury and Federal Reserve Board;
changes in the quality or composition of the loan or investment portfolios;
changes in deposit flows, competition, and demand for financial services, loan,
deposit, and investment products in the Company's local markets; changes in
accounting principles and guidelines; war or terrorist activities; and other
economic, competitive, governmental, regulatory, geopolitical and technological
factors affecting the Company's operations, pricing and services.
Readers are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this discussion. Although the
Company believes that the expectations reflected in the forward-looking
statements are reasonable, the Company cannot guarantee future results, levels
of activity, performance or achievements. Except as required by applicable law
or regulation, the Company undertakes no obligation to update these
forward-looking statements to reflect events or circumstances that occur after
the date on which such statements were made.