NECB · CIK 0001847398 · operating
NorthEast Community Bancorp, Inc. operates as a holding company for NorthEast Community Bank, providing retail and commercial banking services primarily across the northeastern United States. The company accepts deposits through checking accounts, money market accounts, savings accounts, and certificates of deposit, serving both individual and business customers. Its lending operations include construction loans, commercial and industrial credit, multifamily and mixed-use real estate financing, non-residential real estate loans, and consumer lending. The company maintains a securities portfolio composed of U.S. Treasury obligations, municipal securities, federal agency securities, and deposits at the Federal Home Loan Bank of New York.
Beyond core banking services, NorthEast Community Bancorp offers life insurance products and fixed rate annuities. The bank operates full-service branches across multiple counties in New York and Massachusetts, including locations in the Bronx, Orange, Rockland, and Sullivan Counties in New York, as well as Essex, Middlesex, and Norfolk Counties in Massachusetts. The company also maintains loan production offices in White Plains and New City, New York, and in Danvers and other Massachusetts locations. Founded in 1934, the company maintains headquarters in White Plains, New York.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $3.52 | $3.58 | +6.0% | |
| 2023 | $3.32 | $3.32 | +110.1% | |
| 2022 | $1.58 | $1.61 | +110.7% | |
| 2021 | $0.75 | $0.75 | — |