Company Analysis

NorthEast Community Bancorp, Inc. (NECB)

Nasdaq: NECB · Savings Institutions, Not Federally Chartered · White Plains, NY · filing with the SEC since 2021
Grade5.8
◀ Past 6.2● Present 6.7▶ Future 3.9

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020
Report filedMar 13, 2026Mar 14, 2025Mar 28, 2024Mar 30, 2023Mar 30, 2022·
For lenders
Interest and dividend income154,118160,013132,48872,00248,40448,977
Interest expense on deposits and borrowings53,38357,22135,297···
Net interest income100,735102,79297,19163,87543,30339,000
Provision for credit losses-997409724393,610814
Net interest income after provision100,834102,05296,21963,43639,69338,186
Noninterest income4,0932,7833,7431,6832,3542,513
Noninterest expense42,66839,06235,22130,69026,47325,088
Interest expense··35,2978,1275,1019,977
Income before income taxes62,25965,77364,74134,42915,57415,611
Income tax expense17,84618,69918,4659,5863,6693,282
Net income including non-controlling interests44,41347,07446,27624,843··
Net income44,41347,07446,27624,84311,90512,329
Earnings per share, basic3.353.583.321.610.750.76
Earnings per share, diluted3.253.523.321.580.750.76
Weighted average shares, basic13,26113,13613,93015,43315,85416,150
Weighted average shares, diluted13,65913,35913,93615,72615,85416,150
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating
Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed
us-gaap:ProvisionForLoanLeaseAndOtherLosses
us-gaap:ProvisionForLoanAndLeaseLosses
Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss
Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome
Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense
Interest expense what its borrowing costus-gaap:InterestExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton NECB · research, not advice