---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-112281"
form_type: "8-K"
ticker: "NECB"
cik: "0001847398"
company_name: "NorthEast Community Bancorp, Inc./MD/"
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T09:24:16.617996+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NECB Q3 net income $12.7M ($0.95 diluted), up 7.6% YoY; ROA 2.62%

## Summary
- Net income $12.7M ($0.95 diluted EPS) vs $11.8M ($0.80) in Q3 2023; nine-month net income $36.9M ($2.78).
- Net interest income $26.3M (+4.6% YoY); net interest margin 5.68%, down 72 bps from 6.40%.
- Total assets $2.0B (+11.6% from Dec 2023); net loans $1.8B (+11.0%); deposits $1.6B (+16.3%).
- Non-performing assets 0.27% of total assets; allowance for credit losses $4.8M (0.27% of loans).
- Stock repurchases $2.5M, dividends $6.7M YTD; bank well-capitalized, Tier 1 leverage 14.76%.

## SEC filing metadata
- accession: 0001104659-24-112281
- form_type: 8-K
- ticker: NECB
- cik: 0001847398
- company_name: NorthEast Community Bancorp, Inc./MD/
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1847398/000110465924112281/0001104659-24-112281-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1847398/000110465924112281/tm2427012d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-112281
- JSON: https://secwatch.observer/filing/0001104659-24-112281.json
- Plain text: https://secwatch.observer/filing/0001104659-24-112281.txt

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