10-Q quarterly report · filed May 8, 2026

NorthEast Community Bancorp, Inc./MD/ (NECB) Q1 2026 10-Q Quarterly Report

Short answer

NorthEast Community Bancorp, Inc./MD/ (NECB) filed its Q1 2026 10-Q quarterly report on May 8, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $36M (down 5.9% year over year) with net income of $10M.

Q1 2026 key financials · XBRL

Revenue
$36M
−5.9% YoY
Net income
$10M
−5.8% YoY
EPS (diluted)
$0.74
−5.1% YoY

Source: XBRL data from the NorthEast Community Bancorp, Inc./MD/ (NECB) Q1 2026 10-Q on SEC EDGAR. USD.

NorthEast Community Bancorp, Inc./MD/ Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Net income $10.0M, down 5.8% from $10.6M YoY
  • Net interest margin 4.99% vs 5.11% YoY
  • Net interest income $24.1M, down 0.5% from $24.3M YoY
  • Construction loans led originations at $244.2M, while total loans declined $31.8M to $1.8B
  • Cash $76.1M, down $5.0M; borrowings reduced $50.0M to $20.0M
  • Headwinds: inflation, recession, interest rates, competition, weaker loan demand, and real estate market changes

Risk Factors

  • No material risk-factor changes as of March 31, 2026 versus December 31, 2025 Form 10-K
  • No newly added risk factor or quarter-specific trigger disclosed
  • Regulatory and compliance risks remain those carried forward from the 2025 Form 10-K
  • Operational, competitive, and market risks remain unchanged from the 2025 Form 10-K
  • Financial, liquidity, debt, currency, and concentration risks remain unchanged from the 2025 Form 10-K

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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