secwatch.observer — SEC 8-K summary
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Issuer:     ECB Bancorp, Inc. /MD/ (ECBK)
CIK:        0001914605
Form:       8-K
Filed at:   2025-04-24T23:59:59+00:00
Accession:  0000950170-25-057660
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ECB Bancorp Q1 net income up 109% to $1.3M; EPS $0.16 vs $0.07
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- Net income $1.3M, diluted EPS $0.16 (Q1 2025) vs $621K, $0.07 (Q1 2024).
- Net interest income rose 12.6% to $6.6M; net interest margin expanded 5 bp to 1.89%.
- Total assets grew 2.4% to $1.45B; loans up 3.6%, deposits up 3.8%.
- Completed initial stock repurchase program; book value per share $18.63 (+$0.13).
- Non-performing assets low at 0.09% of assets; allowance for credit losses 0.74%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1914605/000095017025057660/0000950170-25-057660-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1914605/000095017025057660/ecbk-20250424.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-057660

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer