For the quarter ending 2025-09-30, NECB has $2,056,246K in assets. $1,712,203K in debts. $64,337K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and amounts due from depository institutions | 11,155 | 19,042 | ||
| Interest-bearing deposits | 53,182 | 40,331 | ||
| Total cash and cash equivalents | 64,337 | 59,373 | ||
| Certificates of deposit | 100 | 100 | ||
| Equity securities | 25,515 | 25,345 | ||
| Securities held-to-maturity ( net of allowance for credit losses of 126 and 126, respectively ) | 16,308 | 14,398 | ||
| Loans receivable | 1,873,598 | 1,797,618 | ||
| Deferred loan costs (fees), net | 156 | -62 | ||
| Allowance for credit losses | 4,748 | 4,724 | ||
| Net loans | 1,869,006 | 1,792,832 | ||
| Premises and equipment, net | 25,507 | 25,341 | ||
| Investments in restricted stock, at cost | 410 | 1,085 | ||
| Bank owned life insurance | 26,251 | 26,074 | ||
| Accrued interest receivable | 12,794 | 12,119 | ||
| Real estate owned | 545 | 767 | ||
| Property held for investment | 1,343 | 1,352 | ||
| Right of use assets - operating | 4,212 | 4,383 | ||
| Right of use assets - financing | 344 | 345 | ||
| Other assets | 9,574 | 10,370 | ||
| Total assets | 2,056,246 | 1,973,884 | ||
| Non-interest bearing | 287,248 | 287,741 | ||
| Interest bearing | 1,228,146 | 1,191,420 | ||
| Total deposits | 1,515,394 | 1,479,161 | ||
| Advance payments by borrowers for taxes and insurance | 2,840 | 2,422 | ||
| Borrowings | 170,000 | 135,000 | ||
| Lease liability - operating | 4,333 | 4,497 | ||
| Lease liability - financing | 638 | 628 | ||
| Accounts payable and accrued expenses | 18,998 | 15,500 | ||
| Total liabilities | 1,712,203 | 1,637,208 | ||
| Common stock, 0.01 par value 75,000,000 shares authorized 14,027,240 shares and 14,016,254 shares outstanding, respectively | 140 | 140 | ||
| Additional paid-in capital | 112,266 | 111,624 | ||
| Unearned employee stock ownership plan ('esop') shares | 5,435 | 5,653 | ||
| Retained earnings | 236,843 | 230,345 | ||
| Accumulated other comprehensive income | 229 | 220 | ||
| Total stockholders' equity | 344,043 | 336,676 | ||
| Total liabilities and stockholders' equity | 2,056,246 | 1,973,884 | ||
NorthEast Community Bancorp, Inc. MD (NECB)
NorthEast Community Bancorp, Inc. MD (NECB)