---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-015840"
form_type: "8-K"
ticker: "ECBK"
cik: "0001914605"
company_name: "ECB Bancorp, Inc. /MD/"
filed_at: "2024-02-15T23:59:59+00:00"
generated_at: "2026-06-06T01:31:06.143346+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# ECB Bancorp Q4 net income falls to $789K ($0.09 EPS); full year net income rises to $4.5M ($0.52 EPS)

## Summary
- Net income Q4 2023: $789K vs $975K Q4 2022; diluted EPS $0.09 vs $0.12.
- Full year 2023 net income: $4.5M vs $2.7M in 2022; diluted EPS $0.52 vs $0.32.
- Net interest income before provision fell 12.8% to $5.9M in Q4 due to higher cost of funds and inverted yield curve.
- Total loans grew 17.4% to $1.05B; deposits up 20.9% to $868.2M, driven by certificates of deposit (+55.9%).
- Asset quality solid: full-year net charge-offs $1K, non-performing assets 0.09% of assets; annual meeting set for June 5, 2024.

## SEC filing metadata
- accession: 0000950170-24-015840
- form_type: 8-K
- ticker: ECBK
- cik: 0001914605
- company_name: ECB Bancorp, Inc. /MD/
- filed_at: 2024-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1914605/000095017024015840/0000950170-24-015840-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1914605/000095017024015840/ecbk-20240215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-015840
- JSON: https://secwatch.observer/filing/0000950170-24-015840.json
- Plain text: https://secwatch.observer/filing/0000950170-24-015840.txt

## Key facts
- Earnings Releases
  ECB Bancorp, Inc. /MD/ reported the quarter ended December 31, 2023 results: net income $789,000, or $0.09 per diluted share.
  - Period: the quarter ended December 31, 2023
  - Net income: $789,000, or $0.09 per diluted share
  - Result: reported results
  source text: ECB Bancorp, Inc. Reports Fourth Quarter Results EVERETT, MA, February 15, 2024 - ECB Bancorp, Inc. (NASDAQ-ECBK) (the “Company”), the holding company for Everett Co-operative Bank (the “Bank”), a state-chartered co-operative bank headquartered in Everett, Massachusetts, today reported net income of $789,000, or $0.09 per diluted share for the quarter ended December 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1914605/000095017024015840/0000950170-24-015840-index.htm
- Earnings Releases
  ECB Bancorp, Inc. /MD/ reported the year ended December 31, 2023 results: net income $4.5 million, or $0.52 per diluted share.
  - Period: the year ended December 31, 2023
  - Net income: $4.5 million, or $0.52 per diluted share
  - Result: reported results
  source text: For the year ended December 31, 2023, the Company reported net income of $4.5 million, or $0.52 per diluted share as compared to net income of $2.7 million, or $0.32 per diluted share for the year ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1914605/000095017024015840/0000950170-24-015840-index.htm

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