ECB Bancorp, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 6, 2026, reporting third-quarter net income of $3,391 thousand and nine-month net income of $9,774 thousand.

Key Highlights

  • Third-quarter net income: $3,391 thousand, up from $2,439 thousand in the same quarter of 2025, according to the filing.
  • Nine-month net income: $9,774 thousand for the nine months ended September 30, 2026, compared to $5,176 thousand for the same period in 2025.
  • Diluted EPS: $0.40 for Q3 2026 and $1.17 for the nine months ended September 30, 2026, versus $0.29 and $0.62 in the respective prior-year periods.
  • Total assets: $1,693,081 thousand as of September 30, 2026, up from $1,605,653 thousand at December 31, 2025.
  • Net loans: $1,448,546 thousand at September 30, 2026, compared to $1,371,819 thousand at December 31, 2025, net of allowance for credit losses of $10,330 thousand.
  • Total deposits: $1,210,971 thousand at September 30, 2026, versus $1,132,344 thousand at December 31, 2025.
  • Shares outstanding: 8,724,628 shares of common stock issued and outstanding as of November 6, 2026.

ECB Bancorp's Third-Quarter 2026 Financial Results and Balance Sheet Growth

ECB Bancorp, Inc. (NASDAQ:ECBK), a Maryland-chartered bank holding company headquartered at 419 Broadway, Everett, Massachusetts, reported its unaudited financial results for the three and nine months ended September 30, 2026. According to the filing, net interest and dividend income for Q3 2026 was $10,790 thousand, compared to $8,456 thousand for Q3 2025. For the nine-month period, net interest and dividend income was $30,657 thousand, up from $22,765 thousand in the prior-year period. Total interest and dividend income for the nine months reached $66,865 thousand, versus $57,141 thousand in 2025.

The filing disclosed that total noninterest expense for Q3 2026 was $6,275 thousand, rising from $5,358 thousand in Q3 2025, with salaries and employee benefits representing the largest component at $3,863 thousand for the quarter. The provision for credit losses was $205 thousand in Q3 2026 and $419 thousand for the nine-month period, compared to $183 thousand and $1,293 thousand in the respective prior-year periods. Income before income tax expense reached $4,614 thousand for Q3 2026, with income tax expense of $1,223 thousand.

On the balance sheet, the company reported total shareholders' equity of $184,870 thousand at September 30, 2026, up from $171,934 thousand at December 31, 2025. Accumulated other comprehensive income shifted to $1,953 thousand from a loss of $896 thousand at year-end 2025, reflecting net changes in the fair value of available-for-sale securities and cash flow hedges. The filing also noted that Federal Home Loan Bank advances stood at $282,500 thousand as of September 30, 2026. During Q3 2026, the company repurchased 9,448 shares under its share repurchase plan for $189 thousand.

What Was Disclosed

ECB Bancorp filed its quarterly report covering the period ended September 30, 2026, disclosing unaudited income statements, balance sheets, and statements of comprehensive income and shareholders' equity for the three- and nine-month periods ending on that date.