BCB Bancorp Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by BCB Bancorp, Inc. on October 2, 2009, covering events occurring on October 1, 2009. The filing addresses a change in the Company's independent registered public accounting firm.
Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to corporate governance and auditor changes rather than financial performance data.
Material Changes
- Resignation of Auditor: Beard Miller Company LLP ("Beard") resigned as the Company's independent registered public accounting firm on October 1, 2009.
- Engagement of New Auditor: ParenteBeard LLC ("ParenteBeard") was engaged as the new independent registered public accounting firm, effective October 1, 2009, following the combination of Beard's audit practice with ParenteBeard.
- Approval: The engagement of ParenteBeard was approved by the Audit Committee of the Board of Directors.
Management Commentary and Risks
Management confirmed that prior to engaging ParenteBeard, there were no consultations regarding accounting principles, audit opinions, or financial reporting issues. The reports issued by Beard for the fiscal years ended December 31, 2008, and 2007, did not contain adverse opinions, disclaimers, or qualifications. Furthermore, there were no disagreements with Beard regarding accounting principles, practices, or auditing scope during the relevant periods.
Key Facts for Investor Verification
- Verify the transition timeline between Beard Miller Company LLP and ParenteBeard LLC.
- Confirm that no disagreements existed with the former auditor regarding financial reporting.
- Review the letter of concurrence from Beard Miller Company LLP (Exhibit 16.1) to ensure alignment with the Company's statements.
- Note that this filing contains no financial performance data; refer to the most recent 10-K or 10-Q for financial metrics.