Northeast Community Bancorp, Inc. (NECB)

NECB Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	149.62	153.9	127.49	69.99	47.9
Interest Income on Investments	4.49	6.11	5	2.01	0.51
Total Interest Income	154.12	160.01	132.49	72	48.4
Interest Paid on Deposits	49.72	55.62	34.18	7.54	4.36
Interest Paid on Borrowings	3.66	1.6	1.12	0.58	0.74
Total Interest Expense	53.38	57.22	35.3	8.13	5.1
Net Interest Income	100.74	102.79	97.19	63.88	43.3
Net Interest Income Growth (YoY)	-2.00%	5.76%	52.16%	47.51%	11.03%
Gain (Loss) on Sale of Assets	-0.01	0.02	-0.16	0.1	0.01
Gain (Loss) on Sale of Investments	0.58	-0.11	0.29	-1.57	-0.39
Other Non-Interest Income	3.52	2.87	3.47	3.16	2.74
Total Non-Interest Income	4.09	2.78	3.61	1.68	2.35
Non-Interest Income Growth (YoY)	47.11%	-22.80%	114.20%	-28.51%	-6.33%
Revenues Before Loan Losses	104.83	105.58	100.8	65.56	45.66
Provision for Loan Losses	-0.1	0.74	0.97	0.44	3.61
Revenue	104.93	104.84	99.82	65.12	42.05
Revenue Growth (YoY)	0.09%	5.02%	53.30%	54.87%	3.31%
Salaries and Employee Benefits	23.18	17.12	15.79	14.27	14.07
Occupancy Expenses	2.99	-	-	-	-
Selling, General & Administrative	4.37	10.57	9.43	7	5.83
Other Non-Interest Expense	11.28	10.65	9.77	8.35	6.49
Total Non-Interest Expense	42.67	39.06	35.08	30.24	26.47
EBT Excluding Unusual Items	62.26	65.77	64.74	34.88	15.57
Pretax Income	62.26	65.77	64.74	34.43	15.57
Income Tax Expense	17.85	18.7	18.47	9.59	3.67
Net Income	44.41	47.07	46.28	24.84	11.91
Net Income to Common	44.41	47.07	46.28	24.84	11.91
Net Income Growth	-5.65%	1.72%	86.27%	108.68%	-3.44%
Basic Shares Outstanding	13	13	14	15	16
Diluted Shares Outstanding	14	13	14	16	16
Shares Change (YoY)	2.33%	-4.14%	-11.38%	-0.81%	-1.83%
EPS (Basic)	3.34	3.58	3.32	1.61	0.75
EPS (Diluted)	0.79	3.52	3.32	1.58	0.75
EPS Growth	-77.56%	6.02%	110.13%	110.41%	-1.20%
Dividend Per Share	-	0.500	0.240	0.240	0.210
Dividend Growth	-	108.33%	-	14.29%	134.38%
Effective Tax Rate	28.66%	28.43%	28.52%	27.84%	23.56%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q