{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-084669","form_type":"8-K","ticker":"NECB","cik":"0001847398","company_name":"NorthEast Community Bancorp, Inc./MD/","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.732665+00:00","generated_at":"2026-06-13T00:54:39.032984+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Q2 net income doubles to $11.1M, EPS $0.75; net interest margin expands to 6.60%","bullets":["Q2 net income $11.1M vs $5.4M YoY (+106%); H1 net income $22.3M, up 147%.","Net interest income Q2 $24.0M (+77% YoY); net interest margin 6.60% vs 4.58% a year ago.","Loans net $1.4B, up 14.5% from Dec 2022; driven by $448M in originations, mostly construction.","Non-performing assets rose to $5.8M from $1.5M due to two construction loans totaling $4.4M.","Stock repurchases: first program completed (1.64M shares, $23M); second program underway, 55K shares repurchased."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-084669","json":"https://secwatch.observer/filing/0001104659-23-084669.json","markdown":"https://secwatch.observer/filing/0001104659-23-084669.md","text":"https://secwatch.observer/filing/0001104659-23-084669.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1847398/000110465923084669/0001104659-23-084669-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1847398/000110465923084669/tm2322195d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T00:54:39.032984+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8c665b0039f07c56e43edb045e9b9c749744aae0","claim":"NorthEast Community Bancorp, Inc./MD/ reported the six months ended June 30, 2023 results: net income $22.3 million, EPS $1.56 per basic and diluted common share.","evidence_excerpt":"reported net income of $11.1 million and $22.3 million, or $0.75 and $1.56 per basic and diluted common share, for the three months and six months ended June 30, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1847398/000110465923084669/0001104659-23-084669-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six months ended June 30, 2023"},{"label":"Net income","value":"$22.3 million"},{"label":"EPS","value":"$1.56 per basic and diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"9a4540cb583756253aa6ffefde7985f308a4c92a","claim":"NorthEast Community Bancorp, Inc./MD/ reported the three months ended June 30, 2023 results: net income $11.1 million, EPS $0.75 per basic and diluted common share.","evidence_excerpt":"reported net income of $11.1 million and $22.3 million, or $0.75 and $1.56 per basic and diluted common share, for the three months and six months ended June 30, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1847398/000110465923084669/0001104659-23-084669-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended June 30, 2023"},{"label":"Net income","value":"$11.1 million"},{"label":"EPS","value":"$0.75 per basic and diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}