ECB Bancorp Q2 net income $3.3M ($0.39 EPS), up 126.5% YoY

ECB Bancorp, Inc. /MD/

Net income $3.26M vs $1.44M a year ago; diluted EPS $0.39 vs $0.17.
Net interest and dividend income $10.0M, up 2% linked quarter; NIM 2.45%.
Total assets $1.67B; loans $1.39B; deposits $1.19B; book value $20.56.
Non-performing assets 0.09% of assets; allowance for credit losses 0.73%.
CEO cites planned Medford branch opening and continued loan/deposit growth.

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