Update to Northfield Bancorp, Inc. press release issued July 25, 2018

WOODBRIDGE, N.J., July 27, 2018 (GLOBE NEWSWIRE) -- NORTHFIELD BANCORP, INC. (Nasdaq:NFBK), the holding company for Northfield Bank, issued an earnings release on July 25, 2018, which included a typographical error related to its deposit composition table. The table incorrectly labeled Certificates of deposit $250,000 or more and Certificates of deposit Under $250,000. The following is the correct table:

 June 30, 2018 March 31, 2018 December 31,
Non-interest bearing checking     
Business customers230,851  221,942  225,629 
Municipal customers14,638  16,088  18,682 
Retail customers165,938  167,887  162,956 
Total non-interest bearing checking411,427  405,917  407,267 
Negotiable orders of withdrawal     
Business customers135,733  138,173  137,705 
Municipal customers247,750  302,758  285,122 
Retail customers37,684  39,535  42,313 
Total negotiable orders of withdrawal421,167  480,466  465,140 
Total transaction832,594  886,383  872,407 
Savings417,665  415,443  424,789 
Money market     
Business customers102,701  92,139  84,384 
Municipal customers34,187  38,036  41,777 
Retail customers607,665  645,254  674,693 
Total money market744,553  775,429  800,854 
Total savings1,162,218  1,190,872  1,225,643 
Certificates of deposit:     
Brokered deposits170,835  144,279  150,639 
$250,000 or more149,507  134,003  110,964 
Under $250,000652,127  549,539  477,326 
Total certificates of deposit972,469  827,821  738,929 
Total deposits2,967,281  2,905,076  2,836,979 

About Northfield Bank

Northfield Bank, founded in 1887, operates 39 full-service banking offices in Staten Island and Brooklyn, New York, and Hunterdon, Middlesex, Mercer, and Union counties, New Jersey. For more information about Northfield Bank, please visit www.eNorthfield.com.

Forward-Looking Statements: This release may contain certain "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and may be identified by the use of such words as "may," "believe," "expect," "anticipate," "should," "plan," "estimate," "predict," "continue," and "potential" or the negative of these terms or other comparable terminology.  Examples of forward-looking statements include, but are not limited to, estimates with respect to the financial condition, results of operations and business of Northfield Bancorp, Inc.  Any or all of the forward-looking statements in this release and in any other public statements made by Northfield Bancorp, Inc. may turn out to be wrong.  They can be affected by inaccurate assumptions Northfield Bancorp, Inc. might make or by known or unknown risks and uncertainties as described in our SEC filings, including, but not limited to, those related to general economic conditions, particularly in the market areas in which the Company operates, competition among depository and other financial institutions, changes in laws or government regulations or policies affecting financial institutions, including changes in regulatory fees and capital requirements, inflation and changes in the interest rate environment that reduce our margins or reduce the fair value of financial instruments, our ability to successfully integrate acquired entities, and adverse changes in the securities markets.  Consequently, no forward-looking statement can be guaranteed.  Northfield Bancorp, Inc. does not intend to update any of the forward-looking statements after the date of this release, or conform these statements to actual events.

Company Contact:
William R. Jacobs
Chief Financial Officer
Tel: (732) 499-7200 ext. 2519

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