---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-053107"
form_type: "8-K"
ticker: "NECB"
cik: "0001847398"
company_name: "NorthEast Community Bancorp, Inc./MD/"
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T01:05:47.467743+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# NECB Q1 net income slips to $10M; construction commitments surge 37.8% YoY

## Summary
- Net income $10.0M ($0.74 diluted) vs $10.6M ($0.78) in Q1 2025, a 5.7% decline.
- Net interest income $24.1M, down 0.5% YoY; net interest margin 4.99% (down 12 bps).
- Asset quality pristine: no non-performing loans; allowance for credit losses at 0.25% of loans.
- Construction loan commitments up 37.8% YoY; unfunded commitments total $819M.
- Third stock buyback repurchased 196,438 shares for $4.5M through March 31, 2026.

## SEC filing metadata
- accession: 0001104659-26-053107
- form_type: 8-K
- ticker: NECB
- cik: 0001847398
- company_name: NorthEast Community Bancorp, Inc./MD/
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1847398/000110465926053107/0001104659-26-053107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1847398/000110465926053107/tm2613189d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-053107
- JSON: https://secwatch.observer/filing/0001104659-26-053107.json
- Plain text: https://secwatch.observer/filing/0001104659-26-053107.txt

## Key facts
- Earnings Releases
  NorthEast Community Bancorp, Inc./MD/ reported the three months ended March 31, 2026 results: net income $10.0 million, EPS $0.76 per basic share and $0.74 per diluted share.
  - Period: the three months ended March 31, 2026
  - Net income: $10.0 million
  - EPS: $0.76 per basic share and $0.74 per diluted share
  - Result: reported results
  source text: NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported net income of $10.0 million, or $0.76 per basic share and $0.74 per diluted share, for the three months ended March 31, 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1847398/000110465926053107/0001104659-26-053107-index.htm

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