secwatch.observer — SEC 8-K summary
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Issuer:     ECB Bancorp, Inc. /MD/ (ECBK)
CIK:        0001914605
Form:       8-K
Filed at:   2025-02-05T23:59:59+00:00
Accession:  0000950170-25-014178
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud

ECB Bancorp reports Q4 2024 net income of $1.4 million; annual net income $4.0 million
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- Net income for Q4 2024 was $1.4 million ($0.17 per share), up from $789,000 ($0.09 per share) in Q4 2023.
- Full year 2024 net income was $4.0 million ($0.48 per share), down from $4.5 million ($0.52 per share) in 2023.
- Deposits grew 15.0% to $998.5 million, outpacing loan growth of 9.3% to $1.15 billion as of Dec 31, 2024.
- Tangible book value per share increased to $18.50 from $17.75; stock repurchase program executed during 2024.
- Annual meeting of stockholders announced for May 21, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1914605/000095017025014178/0000950170-25-014178-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1914605/000095017025014178/ecbk-20250205.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-014178

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