{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-010498","form_type":"8-K","ticker":"NECB","cik":"0001847398","company_name":"NorthEast Community Bancorp, Inc./MD/","filed_at":"2024-02-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.983322+00:00","generated_at":"2026-06-06T09:20:50.226546+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"NECB Q4 net income $12.1M ($0.82/share), FY $46.3M ($3.32); net interest income up 52%","bullets":["Net income Q4 $12.1M vs $8.3M YoY; full year $46.3M vs $24.8M; EPS $0.82 and $3.32 respectively.","Net interest income increased 20.3% in Q4 and 52.2% for the year; net interest margin 6.06% Q4, 6.41% full year.","Total assets grew 23.8% to $1.8B; net loans up 30.5% to $1.6B; deposits up 24.8% to $1.4B.","Non-performing assets $5.8M (0.33% of assets) vs $1.5M (0.10%) at Dec 2022.","Stock repurchases of $28.7M and dividends of $3.3M in 2023; allowance for credit losses $5.1M."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-010498","json":"https://secwatch.observer/filing/0001104659-24-010498.json","markdown":"https://secwatch.observer/filing/0001104659-24-010498.md","text":"https://secwatch.observer/filing/0001104659-24-010498.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1847398/000110465924010498/0001104659-24-010498-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1847398/000110465924010498/tm245160d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T09:20:50.226546+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":"7b8c2fba271aa7d34d429c6cad8c7416e6459b73","claim":"NorthEast Community Bancorp, Inc./MD/ reported FY 2023 results: net income $46.3 million, EPS $3.32 per basic and diluted common share.","evidence_excerpt":"reported net income of $12.1 million and $46.3 million, or $0.82 and $3.32 per basic and diluted common share, for the fourth quarter and for the year ended December 31, 2023, respectively","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1847398/000110465924010498/0001104659-24-010498-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"FY 2023"},{"label":"Net income","value":"$46.3 million"},{"label":"EPS","value":"$3.32 per basic and diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ab84d59ac62021d39ca4fcea0cb8c689ac4a1006","claim":"NorthEast Community Bancorp, Inc./MD/ reported Q4 2023 results: net income $12.1 million, EPS $0.82 per basic and diluted common share.","evidence_excerpt":"reported net income of $12.1 million and $46.3 million, or $0.82 and $3.32 per basic and diluted common share, for the fourth quarter and for the year ended December 31, 2023, respectively","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1847398/000110465924010498/0001104659-24-010498-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q4 2023"},{"label":"Net income","value":"$12.1 million"},{"label":"EPS","value":"$0.82 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"}