---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-133529"
form_type: "8-K/A"
ticker: "NECB"
cik: "0001847398"
company_name: "NorthEast Community Bancorp, Inc./MD/"
filed_at: "2021-11-03T23:59:59+00:00"
generated_at: "2026-06-28T14:35:17.992863+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# NECB corrects prior EPS narrative: Q3 2020 $0.19 (was $0.26), 9M $0.55 (was $0.74)

## Summary
- Corrected EPS for 2020 periods due to failure to restate share count for 1.3400 exchange ratio in second-step conversion.
- Q3 2021 net income $730,000 ($0.05 EPS); 9M 2021 net income $7.7M ($0.48 EPS), as originally reported.
- No non-performing loans at Sep 30, 2021; non-performing assets 0.18% of total assets.
- Charge-off of $3.6M non-residential bridge loan in Q3 2021; recovery efforts ongoing from guarantors.
- Bank well-capitalized: Tier 1 leverage 17.07%, total risk-based capital 15.91%.

## SEC filing metadata
- accession: 0001104659-21-133529
- form_type: 8-K/A
- ticker: NECB
- cik: 0001847398
- company_name: NorthEast Community Bancorp, Inc./MD/
- filed_at: 2021-11-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1847398/000110465921133529/0001104659-21-133529-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1847398/000110465921133529/tm2131768d1_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-133529
- JSON: https://secwatch.observer/filing/0001104659-21-133529.json
- Plain text: https://secwatch.observer/filing/0001104659-21-133529.txt

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