| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and due from banks | 3,351 | 6,329 | ||
| Short-term investments | 99,269 | 92,333 | ||
| Total cash and cash equivalents | 102,620 | 98,662 | ||
| Interest-bearing time deposits | 7,998 | 0 | ||
| Investments in available-for-sale securities, at fair value | 31,020 | 20,038 | ||
| Investments in held-to-maturity securities, at amortized cost (fair values of 54,729 at september 30, 2025 and 67,505 at december 31, 2024) | 58,485 | 66,845 | ||
| Loans, net of allowance for credit losses of 10,015 at september 30, 2025 and 8,884 at december 31, 2024 | 1,305,547 | 1,281,741 | ||
| Federal home loan bank stock, at cost | 11,102 | 11,302 | ||
| Loans held-for-sale | - | 1,504 | ||
| Premises and equipment, net | 3,427 | 3,430 | ||
| Accrued interest receivable | 5,251 | 4,775 | ||
| Deferred tax asset, net | 5,612 | 5,511 | ||
| Bank-owned life insurance | 15,299 | 15,178 | ||
| Other assets | 6,292 | 6,028 | ||
| Total assets | 1,552,653 | 1,515,014 | ||
| Noninterest-bearing | 84,759 | 87,862 | ||
| Interest-bearing | 1,023,846 | 979,576 | ||
| Total deposits | 1,108,605 | 1,067,438 | ||
| Federal home loan bank advances | 259,815 | 264,815 | ||
| Other liabilities | 14,924 | 14,484 | ||
| Total liabilities | 1,383,344 | 1,346,737 | ||
| Common stock, par value 0.01 authorized 30,000,000 shares issued and outstanding 8,825,827 shares and 9,095,833 shares at september 30, 2025 and december 31, 2024, respectively | 88 | 89 | ||
| Additional paid-in capital | 83,162 | 84,755 | ||
| Retained earnings | 93,021 | 90,582 | ||
| Accumulated other comprehensive (loss) income | -998 | -1,092 | ||
| Unallocated common shares held by the employee stock ownership plan | 5,964 | 6,057 | ||
| Total shareholders' equity | 169,309 | 168,277 | ||
| Total liabilities and shareholders' equity | 1,552,653 | 1,515,014 | ||
ECB Bancorp, Inc. MD (ECBK)
ECB Bancorp, Inc. MD (ECBK)