Every 10-Q that Northeast Community Bancorp, Inc. (NECB) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, 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. reported net income of $9,795 thousand for the three months ended June 30, 2026, down from $11,170 thousand a year earlier, and $19,747 thousand for the first half of 2026 versus $21,737 thousand in 2025. Basic earnings per share were $0.75 for the quarter and $1.50 year-to-date, compared with $0.85 and $1.65, as slightly lower net interest income, higher credit loss provision and reduced non-interest income offset lower funding costs.
Total assets were $2,115,183 thousand at June 30, 2026, with loans of $1,919,908 thousand, driven largely by construction lending and growing exposures in the Bronx, Orange and Rockland Counties. Deposits were $1,536,543 thousand, below year-end levels, while borrowings from the Federal Reserve increased to $190,000 thousand. Asset quality metrics remained strong with no past-due or non-accrual loans and an allowance for credit losses of $4,752 thousand. Regulatory capital ratios at the bank level stayed well above well-capitalized thresholds, including a common equity Tier 1 ratio of 15.05% and a Tier 1 leverage ratio of 17.32%.
NorthEast Community Bancorp, Inc. reported Q1 2026 net income of $9.95 million, down from $10.57 million a year earlier, with diluted EPS of $0.74 versus $0.78. Net interest income was stable at $24.13 million, but non-interest income fell to $0.8 million from $1.24 million, mainly on an unrealized loss in equity securities.
Total assets were $2.03 billion, down 1.9% from year-end, as net loans declined $31.8 million to $1.82 billion and cash and cash equivalents fell $5.0 million to $76.2 million. Deposits edged up to $1.63 billion, while borrowings from the Federal Reserve Bank of New York dropped from $70.0 million to $20.0 million, reducing interest expense.
Asset quality remained strong with no non‑accrual loans and a loan allowance of $4.59 million, slightly lower than year-end, and only $2.49 million of construction loans past due 30–59 days. The Bank’s regulatory capital ratios stayed high, including a total risk-based capital ratio of 15.73% and a common equity tier 1 ratio of 15.47%, well above well‑capitalized thresholds.
NorthEast Community Bancorp (NECB) reported Q3 2025 results. Net income was $11.9 million, compared with $12.7 million a year ago. Diluted EPS was $0.87 versus $0.95. Net interest income was $25.9 million for the quarter and $75.3 million year‑to‑date.
Total assets were $2.06 billion, up from $2.01 billion at year‑end. Loans receivable reached $1.87 billion, led by construction loans of $1.39 billion. Deposits were $1.52 billion, down from $1.67 billion at December 31, 2024, while borrowings were $170.0 million versus none at year‑end. Stockholders’ equity rose to $344.0 million from $318.3 million.
Credit metrics remained stable: the allowance for credit losses was $4.75 million and there were no non‑accrual loans. Past due balances included $5.4 million of construction loans at 30–59 days. The Bank remained “well capitalized,” with Tier 1 risk‑based capital of 14.83% and total risk‑based capital of 15.09% as of September 30, 2025.
The company declared a $0.40 per share dividend in the quarter. As of November 7, 2025, 14,027,240 common shares were outstanding.
NorthEast Community Bancorp (NECB) filed its Q2-25 Form 10-Q. Total assets fell 1.8% YTD to $1.97 billion while deposits contracted 11.4% to $1.48 billion, prompting new Federal Reserve and FHLB borrowings of $135 million. Tier 1 leverage remains strong at 15.87% and CET1/RWA at 14.71%, comfortably above the “well-capitalized” thresholds.
Income statement: For the quarter, net interest income slipped 4.4% YoY to $25.1 million as funding costs outpaced asset yields; net interest margin pressure drove a 12.7% decline in net income to $11.2 million (EPS basic $0.85, diluted $0.82). Six-month net income fell 10.1% to $21.7 million (diluted EPS $1.60). The provision remained minimal (nil in Q2; $0.24 million YTD) and credit quality stable, with ACL/loans at 0.26% and no individually evaluated impairments.
Balance-sheet trends: Construction loans—NECB’s core product—declined $103 million to $1.32 billion, partly offset by multifamily growth. Borrowings replaced deposit runoff, lifting interest expense 7.5% YoY to $13.0 million. Equity rose 5.8% YTD to $336.7 million on retained earnings, driving tangible book value to roughly $24.0 per share. The board maintained a $0.20 quarterly dividend (payout ~24% of YTD earnings).