NorthEast Community Bancorp (NECB) reported net income of $9.8 million, or $0.75 per basic share and $0.72 per diluted share, for the three months ended June 30, 2026, compared with $11.2 million, or $0.85 per basic share and $0.82 per diluted share, a year earlier.
For the first six months of 2026, net income was $19.7 million, or $1.50 per basic share and $1.46 per diluted share, compared with $21.7 million, or $1.65 per basic share and $1.60 per diluted share, in the prior-year period.
- Net interest income was $24.7 million for the quarter, down from $25.1 million a year earlier.
- Total assets were $2.1 billion at June 30, 2026, up $51.7 million from Dec. 31, 2025.
- Total deposits decreased 5.0% to $1.5 billion from $1.6 billion at year-end 2025.
- Total stockholders’ equity increased 3.1% to $362.6 million.
- The company reported no non-performing loans at June 30, 2026 or Dec. 31, 2025.
- Construction loan commitments and loans-in-process outstanding rose about 38.9% from the second quarter of 2025.
