---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-055622"
form_type: "8-K"
ticker: "ECBK"
cik: "0001914605"
company_name: "ECB Bancorp, Inc. /MD/"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T08:54:00.621406+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# ECB Bancorp reports Q3 net income $1.34M vs net loss $1.03M a year ago

## Summary
- Diluted EPS $0.16 in Q3 2023 vs -$0.12 in Q3 2022; prior-year loss driven by $3.2M charitable contribution.
- Net interest income before provision fell 6.9% to $6.1M due to higher funding costs; provision benefit of $184K improved bottom line.
- Total loans rose 12.6% YTD to $997.4M; deposits grew 13.1% to $812.5M, led by CDs up 38.2%.
- Company commenced share buyback program and opened a new branch in Woburn, MA during Q3.
- Non-performing assets remained low at $1.2M (0.10% of assets); allowance for credit losses at 0.82% of loans.

## SEC filing metadata
- accession: 0000950170-23-055622
- form_type: 8-K
- ticker: ECBK
- cik: 0001914605
- company_name: ECB Bancorp, Inc. /MD/
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1914605/000095017023055622/0000950170-23-055622-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1914605/000095017023055622/ecbk-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-055622
- JSON: https://secwatch.observer/filing/0000950170-23-055622.json
- Plain text: https://secwatch.observer/filing/0000950170-23-055622.txt

## Key facts
- Earnings Releases
  ECB Bancorp, Inc. /MD/ reported three and nine months ended September 30, 2023 results: net income $1.34 million or $0.16 per diluted share.
  - Period: three and nine months ended September 30, 2023
  - Net income: $1.34 million or $0.16 per diluted share
  - Result: reported results
  source text: On October 26, 2023, ECB Bancorp, Inc., the holding company for Everett Co-operative Bank, issued a press release announcing its financial results at and for the three and nine months ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1914605/000095017023055622/0000950170-23-055622-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.