secwatch.observer — SEC 8-K summary
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Issuer:     NorthEast Community Bancorp, Inc./MD/ (NECB)
CIK:        0001847398
Form:       8-K
Filed at:   2026-07-27T21:06:30+00:00
Accession:  0001104659-26-087139
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NECB Q2 net income falls to $9.8M ($0.72 diluted) from $11.2M; NIM down 21 bps
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- Net income $9.8M vs $11.2M YoY; diluted EPS $0.72 vs $0.82.
- Net interest margin 5.14% vs 5.35%; net interest income $24.7M, down 1.7%.
- Credit loss expense $860K vs $0; charge-offs $520K on a C&I loan.
- Construction loan commitments up 38.9% YoY; total loans net $1.9B (+3.2%).
- Deposits down 5% as brokered CDs cut $129M; borrowings up 171% to $190M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1847398/000110465926087139/0001104659-26-087139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1847398/000110465926087139/tm2621324d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-087139

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer