NorthEast Community Bancorp, Inc. filed its Form 10-Q with the SEC on November 6, 2026, covering the quarterly period ended September 30, 2026, and reporting net income of $10,672 thousand for the three months ended on that date.

Key Highlights

  • Net income: $10,672 thousand for the three months ended September 30, 2026, compared to $11,865 thousand for the same period in 2025, according to the filing.
  • Total assets: $2,216,037 thousand as of September 30, 2026, up from $2,063,508 thousand as of December 31, 2025.
  • Net loans: $2,015,653 thousand as of September 30, 2026, compared to $1,855,603 thousand as of December 31, 2025.
  • Total deposits: $1,819,568 thousand as of September 30, 2026, rising from $1,616,901 thousand at year-end 2025.
  • Shares outstanding: 13,766,631 shares of common stock as of September 30, 2026, per the balance sheet.
  • Borrowings eliminated: Outstanding borrowings fell to zero as of September 30, 2026, from $70,000 thousand at December 31, 2025.
  • Nine-month net income: $30,419 thousand for the nine months ended September 30, 2026, versus $33,602 thousand for the comparable 2025 period.

NorthEast Community Bancorp Third-Quarter 2026 Financial Results

NorthEast Community Bancorp, Inc. (NASDAQ:NECB), a Maryland-incorporated bank holding company headquartered at 325 Hamilton Avenue, White Plains, New York, reported its unaudited consolidated financial results for the three and nine months ended September 30, 2026 in its quarterly 10-Q filing. The company operates as an accelerated filer, a smaller reporting company, and an emerging growth company, according to the filing.

For the three months ended September 30, 2026, the company reported total interest income of $38,671 thousand and total interest expense of $12,578 thousand, producing net interest income of $26,093 thousand, the filing disclosed. Total non-interest expenses came to $10,753 thousand for the quarter, with salaries and employee benefits representing the largest component at $5,459 thousand. The company recorded no provision for credit losses in the third quarter of 2026, compared to no provision in the same quarter of 2025. Basic earnings per common share for the three months ended September 30, 2026 were $0.81, and diluted earnings per common share were $0.79, based on weighted average basic shares of 13,131 thousand and weighted average diluted shares of 13,566 thousand.

On the balance sheet, total deposits grew to $1,819,568 thousand from $1,616,901 thousand at December 31, 2025, with non-interest bearing deposits reaching $325,624 thousand, according to the filing. The company reported that borrowings stood at zero as of September 30, 2026, down from $70,000 thousand at year-end 2025. Total stockholders' equity increased to $370,650 thousand from $351,700 thousand over the same period, supported by retained earnings of $266,107 thousand. The allowance for credit losses on loans was $4,723 thousand as of September 30, 2026.

What Was Disclosed

NorthEast Community Bancorp's 10-Q for the period ended September 30, 2026 disclosed unaudited consolidated balance sheet data, income statement results for the three and nine months ended September 30, 2026 and 2025, and equity position information, all as described above and attributed to the company's filing.