Columbia Financial, Inc./MD/
For the period ended Jun 30, 2026. Filed Aug 7, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 7, 2026
CLBK$11.33-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Comprehensive Income
(In thousands)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| (Unaudited) | ||||
| Net income | $14,486 | $12,305 | $27,585 | $21,205 |
| Other comprehensive income (loss), net of tax: | ||||
| Unrealized (loss) gain on debt securities available for sale | (2,860) | 4,250 | (6,360) | 15,715 |
| Accretion of unrealized gain (loss) on debt securities reclassified as held to maturity | 4 | 4 | 9 | (6) |
| Reclassification adjustment for gain included in net income | — | 243 | — | 243 |
| (2,856) | 4,497 | (6,351) | 15,952 | |
| Derivatives, net of tax: | ||||
| Unrealized gain (loss) on swap contracts accounted for as cash flow hedges | 1,403 | (1,190) | 2,949 | (3,331) |
| 1,403 | (1,190) | 2,949 | (3,331) | |
| Employee benefit plans, net of tax: | ||||
| Amortization of prior service cost included in net income | (22) | (25) | (45) | (48) |
| Reclassification adjustment of actuarial net gain included in net income | — | 17 | — | 33 |
| Change in funded status of retirement obligations | 7,410 | 2,647 | 7,441 | 2,658 |
| 7,388 | 2,639 | 7,396 | 2,643 | |
| Total other comprehensive income | 5,935 | 5,946 | 3,994 | 15,264 |
| Total comprehensive income, net of tax | $20,421 | $18,251 | $31,579 | $36,469 |
| See accompanying notes to unaudited consolidated financial statements. | ||||
Consolidated Statements of Changes in Stockholders' Equity (Unaudited)
Three Months Ended June 30, 2026 and 2025 (In thousands)
| Common Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Treasury Stock | Common Stock Held by the Employee Stock Ownership Plan | Stock Held by Rabbi Trust | Deferred Compensation Obligations | Total Stockholders' Equity | |
|---|---|---|---|---|---|---|---|---|---|
| Balance at March 31, 2026 | $1,318 | $807,981 | $946,816 | $(77,913) | $(476,233) | $(27,375) | $(3,517) | $2,645 | $1,173,722 |
| Net income | — | — | 14,486 | — | — | — | — | — | 14,486 |
| Other comprehensive income | — | — | — | 5,935 | — | — | — | — | 5,935 |
| Stock based compensation | — | 1,152 | — | — | — | — | — | — | 1,152 |
| Exercise of stock options (75,189 shares) | — | (99) | — | — | — | — | — | — | (99) |
| Restricted stock forfeitures (91,885 shares) | — | 1,771 | — | — | (1,771) | — | — | — | — |
| Repurchase shares for taxes (6,549 shares) | — | — | — | — | (126) | — | — | — | (126) |
| Excise tax on net stock repurchases | — | — | — | — | (14) | — | — | — | (14) |
| Employee Stock Ownership Plan shares committed to be released | — | 535 | — | — | — | 566 | — | — | 1,101 |
| Funding of deferred compensation obligations | — | — | — | — | — | — | 71 | (18) | 53 |
| Balance at June 30, 2026 | $1,318 | $811,340 | $961,302 | $(71,978) | $(478,144) | $(26,809) | $(3,446) | $2,627 | $1,196,210 |
| See accompanying notes to unaudited consolidated financial statements. | |||||||||
Three Months Ended June 30, 2026 and 2025 (In thousands)
| Common Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Treasury Stock | Common Stock Held by the Employee Stock Ownership Plan | Stock Held by Rabbi Trust | Deferred Compensation Obligations | Total Stockholders' Equity | |
|---|---|---|---|---|---|---|---|---|---|
| Balance at March 31, 2025 | $1,316 | $801,349 | $890,851 | $(101,050) | $(461,536) | $(29,647) | $(3,371) | $2,431 | $1,100,343 |
| Net income | — | — | 12,305 | — | — | — | — | — | 12,305 |
| Other comprehensive income | — | — | — | 5,946 | — | — | — | — | 5,946 |
| Stock based compensation | — | 1,330 | — | — | — | — | — | — | 1,330 |
| Restricted stock forfeitures (424 shares) | — | 6 | — | — | (6) | — | — | — | — |
| Repurchase shares for taxes (3,339 shares) | — | — | — | — | (49) | — | — | — | (49) |
| Excise tax benefit on net stock repurchases | — | — | — | — | 3 | — | — | — | 3 |
| Employee Stock Ownership Plan shares committed to be released | — | 238 | — | — | — | 567 | — | — | 805 |
| Funding of deferred compensation obligations | — | — | — | — | — | — | (74) | 99 | 25 |
| Balance at June 30, 2025 | $1,316 | $802,923 | $903,156 | $(95,104) | $(461,588) | $(29,080) | $(3,445) | $2,530 | $1,120,708 |
| See accompanying notes to unaudited consolidated financial statements. | |||||||||
Six Months Ended June 30, 2026 and 2025 (In thousands)
| Common Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Treasury Stock | Common Stock Held by the Employee Stock Ownership Plan | Stock Held by Rabbi Trust | Deferred Compensation Obligations | Total Stockholders' Equity | |
|---|---|---|---|---|---|---|---|---|---|
| Balance at December 31, 2025 | $1,316 | $806,581 | $933,717 | $(75,972) | $(476,133) | $(27,935) | $(3,479) | $2,633 | $1,160,728 |
| Net income | — | — | 27,585 | — | — | — | — | — | 27,585 |
| Other comprehensive income | — | — | — | 3,994 | — | — | — | — | 3,994 |
| Issuance of common stock allocated to restricted stock award grants (160,302 shares) | 2 | (2) | — | — | — | — | — | — | — |
| Stock based compensation | — | 2,186 | — | — | — | — | — | — | 2,186 |
| Exercise of stock options (128,874 shares) | — | (133) | — | — | — | — | — | — | (133) |
| Restricted stock forfeitures (92,001 shares) | — | 1,773 | — | — | (1,773) | — | — | — | — |
| Repurchase shares for taxes (12,102 shares) | — | — | — | — | (229) | — | — | — | (229) |
| Excise tax on net stock repurchases | — | — | — | — | (9) | (9) | |||
| Employee Stock Ownership Plan shares committed to be released | — | 935 | — | — | — | 1,126 | — | — | 2,061 |
| Funding of deferred compensation obligations | — | — | — | — | — | — | 33 | (6) | 27 |
| Balance at June 30, 2026 | $1,318 | $811,340 | $961,302 | $(71,978) | $(478,144) | $(26,809) | $(3,446) | $2,627 | $1,196,210 |
| See accompanying notes to unaudited consolidated financial statements. | |||||||||
Six Months Ended June 30, 2026 and 2025 (In thousands)
| Common Stock | Additional Paid-in-Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Treasury Stock | Common Stock Held by the Employee Stock Ownership Plan | Stock Held by Rabbi Trust | Deferred Compensation Obligations | Total Stockholders' Equity | |
|---|---|---|---|---|---|---|---|---|---|
| Balance at December 31, 2024 | $1,314 | $799,482 | $881,951 | $(110,368) | $(460,980) | $(30,207) | $(3,255) | $2,439 | $1,080,376 |
| Net income | — | — | 21,205 | — | — | — | — | — | 21,205 |
| Other comprehensive income | — | — | — | 15,264 | — | — | — | — | 15,264 |
| Issuance of common stock allocated to restricted stock award grants (209,256 shares) | 2 | (2) | — | — | — | — | — | — | — |
| Stock based compensation | — | 2,460 | — | — | — | — | — | — | 2,460 |
| Restricted stock forfeitures (29,480 shares) | — | 436 | — | — | (436) | — | — | — | — |
| Repurchase shares for taxes (11,824 shares) | — | — | — | — | (179) | — | — | — | (179) |
| Excise tax benefit on net stock repurchases | — | — | — | — | 7 | — | — | — | 7 |
| Employee Stock Ownership Plan shares committed to be released | — | 547 | — | — | — | 1,127 | — | — | 1,674 |
| Funding of deferred compensation obligations | — | — | — | — | — | — | (190) | 91 | (99) |
| Balance at June 30, 2025 | $1,316 | $802,923 | $903,156 | $(95,104) | $(461,588) | $(29,080) | $(3,445) | $2,530 | $1,120,708 |
| See accompanying notes to unaudited consolidated financial statements. | |||||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.