secwatch.observer — SEC 8-K summary
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Issuer:     NorthEast Community Bancorp, Inc./MD/ (NECB)
CIK:        0001847398
Form:       8-K
Filed at:   2025-10-24T23:59:59+00:00
Accession:  0001104659-25-102108
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NECB Q3 net income $11.9M ($0.87 diluted), down from $12.7M; strong asset quality
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- Net income Q3 2025: $11.9M ($0.87 diluted) vs $12.7M ($0.95) YoY; 9M 2025: $33.6M ($2.47) vs $36.9M ($2.78).
- Net interest margin narrowed to 5.38% from 5.68%; net interest income $25.9M vs $26.3M.
- Loans grew $61.2M to $1.9B; deposits fell $155M to $1.5B; borrowings initiated $170M.
- Non-performing assets at 0.03% of total assets; no non-performing loans; allowance 0.25% of loans.
- ROAA 2.35%, ROAE 13.84%, efficiency ratio 38.40%; Bank ranked #1 for sub-$5B banks by Bank Director.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1847398/000110465925102108/0001104659-25-102108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1847398/000110465925102108/tm2529391d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-102108

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