Here are the 10-K annual reports from Northeast Community Bancorp, Inc. (NECB) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow NECB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NECB filings page.
Northeast Community Bancorp, Inc. files its annual report outlining a community bank focused on construction and multifamily lending in New York and Massachusetts. The company had an aggregate market value of $284.5 million held by non-affiliates as of June 30, 2025 and 13,834,022 common shares outstanding as of March 11, 2026.
The bank’s loan book is concentrated in construction loans and multifamily/mixed-use properties, primarily in high-demand, “high absorption” communities in the New York City and Boston metro areas. At December 31, 2025, $1.6 billion, or 87.4%, of loans were secured by New York properties and $182.7 million, or 9.8%, by Massachusetts properties.
Construction commitments totaled about $1.8 billion, with $1.3 billion disbursed and $402.7 million undisbursed, and all construction loans were performing at year-end 2025. The bank funds growth through local deposits, wholesale deposits and borrowings, including $70.0 million of Federal Reserve Bank of New York borrowings, and reports being “well capitalized” under regulatory standards while still qualifying as an emerging growth company.