Parent-only Financial Information (Tables)

12 Months Ended

Dec. 31, 2019

Condensed Financial Information Disclosure [Abstract]

Condensed Balance Sheets

Northfield Bancorp, Inc.

Condensed Balance Sheets

	December 31,
	2019		2018
	(in thousands)
Assets
Cash in Northfield Bank	$	32,828	$	21,884
Interest-earning deposits in other financial institutions	280		21
Investment in Northfield Bank	642,341		623,113
ESOP loan receivable	21,897		22,962
Other assets	132		120
Total assets	$	697,478	$	668,100
Liabilities and Stockholders' Equity
Total liabilities	$	1,625	$	1,661
Total stockholders' equity	695,853		666,439
Total liabilities and stockholders' equity	$	697,478	$	668,100

Condensed Statements of Comprehensive Income (Loss)

Northfield Bancorp, Inc.

 Condensed Statements of Comprehensive Income

	Years Ended December 31,
	2019		2018			2017
	(in thousands)
Interest on ESOP loan	$	1,263	$	1,081		$	939
Interest income on deposits in other financial institutions	229		38			31
Gains (losses) gains on securities, net	10		(6		)	5
Undistributed earnings of Northfield Bank	40,012		40,092			24,887
Total income	41,514		41,205			25,862
Other expenses	863		890			872
Income tax expense	416		236			222
Total expense	1,279		1,126			1,094
Net income	$	40,235	$	40,079		$	24,768
Comprehensive income:
Net income	$	40,235	$	40,079		$	24,768
Other comprehensive income (loss), net of tax	13,846		(3,696		)	(227		)
Comprehensive income	$	54,081	$	36,383		$	24,541

Condensed Statements of Cash Flows

Northfield Bancorp, Inc.

 Condensed Statements of Cash Flows

	Years Ended December 31,
	2019			2018			2017
	(in thousands)
Cash flows from operating activities
Net income	$	40,235		$	40,079		$	24,768
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
(Increase) decrease in other assets	(1,073		)	3			(2,008		)
(Gains) losses on securities, net	(10		)	6			(5		)
(Decrease) increase in other liabilities	(36		)	846			(980		)
Undistributed earnings of Northfield Bank	(40,012		)	(40,092		)	(24,887		)
Net cash (used in) provided by operating activities	(896		)	842			(3,112		)
Cash flows from investing activities
Dividends from Northfield Bank	41,277			16,493			28,763
Net cash provided by investing activities	41,277			16,493			28,763
Cash flows from financing activities
Principal payments on ESOP loan receivable	1,065			1,059			1,022
Purchase of treasury stock	(15,815		)	(5		)	—
Dividends paid	(20,198		)	(18,673		)	(15,646		)
Exercise of stock options	5,770			2,088			100
Net cash used in financing activities	(29,178		)	(15,531		)	(14,524		)
Net increase in cash and cash equivalents	11,203			1,804			11,127
Cash and cash equivalents at beginning of year	21,905			20,101			8,974
Cash and cash equivalents at end of year	$	33,108		$	21,905		$	20,101