Overview
- TickerNECB on Nasdaq1
- IndustrySavings Institutions, Not Federally Chartered1
- HeadquartersWhite Plains, New York1
- Incorporated inMD2
- Business address325 Hamilton Avenue, White Plains, Ny 106012
- Filer categoryAccelerated filer, Smaller reporting company, Emerging growth company2
See how the biggest companies compare on our leaderboards
These forward-looking statements are based on current beliefs and expectations of our management and are subject to significant risks and uncertainties. In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Actual results may differ materially from those contemplated by the forward-looking statements due to, among others, the following factors:4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.9
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Loans | $149.6M | $153.9M |
| Interest-earning deposits | $3.4M | $5.2M |
| Securities | $1.1M | $909.0K |
| Total Interest Income | $154.1M | $160.0M |
| Deposits | $49.7M | $55.6M |
| Borrowings | $3.6M | $1.6M |
| Financing lease | $39.0K | $38.0K |
| Total Interest Expense | $53.4M | $57.2M |
| Net Interest Income | $100.7M | $102.8M |
| (Reversal of) provision for credit loss | -$99.0K | $740.0K |
| Net Interest Income after Provision for Credit Loss | $100.8M | $102.1M |
| Other loan fees and service charges | $2.7M | $2.1M |
| (Loss) gain on disposition of equipment | -$6.0K | $22.0K |
| Earnings on bank owned life insurance | $695.0K | $656.0K |
| Unrealized gain (loss) on equity securities | $576.0K | -$109.0K |
| Other | $114.0K | $116.0K |
| Total Non-Interest Income | $4.1M | $2.8M |
| Salaries and employee benefits | $23.2M | $20.9M |
| Occupancy expense | $3.0M | $2.8M |
| Equipment | $868.0K | $890.0K |
| Outside data processing | $3.1M | $2.6M |
| Advertising | $426.0K | $418.0K |
| Real estate owned expense | $845.0K | $731.0K |
| Other | $11.3M | $10.6M |
| Total Non-Interest Expenses | $42.7M | $39.1M |
| INCOME BEFORE PROVISION FOR INCOME TAXES | $62.3M | $65.8M |
| PROVISION FOR INCOME TAXES | $17.8M | $18.7M |
| NET INCOME | $44.4M | $47.1M |
| EARNINGS PER COMMON SHARE - BASIC (in $ per share) | $3.35 | $3.58 |
| EARNINGS PER COMMON SHARE - DILUTED (in $ per share) | $3.25 | $3.52 |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC (in shares) | 13.3M shares | 13.1M shares |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - DILUTED (in shares) | 13.7M shares | 13.4M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.9
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and amounts due from depository institutions | $10.5M | $13.7M | |
| Interest-bearing deposits | $70.7M | $64.6M | |
| Total cash and cash equivalents | $81.2M | $78.3M | |
| Certificates of deposit | $100.0K | $100.0K | |
| Equity securities | $26.6M | $22.0M | |
| Securities held-to-maturity (net of allowance for credit losses of $126 and $126, respectively) | $18.3M | $14.6M | |
| Loans receivable | $1.9B | $1.8B | |
| Deferred loan costs (fees), net | $268.0K | -$49.0K | |
| Allowance for credit losses | -$4.7M | -$4.8M | -$5.1M |
| Net loans | $1.9B | $1.8B | |
| Premises and equipment, net | $25.4M | $24.8M | |
| Investments in restricted stock, at cost | $410.0K | $397.0K | |
| Bank owned life insurance | $26.4M | $25.7M | |
| Accrued interest receivable | $12.2M | $13.5M | |
| Real estate owned | $5.1M | ||
| Property held for investment | $1.3M | $1.4M | |
| Right of Use Assets - Operating | $4.7M | $4.0M | |
| Right of Use Assets - Financing | $343.0K | $347.0K | |
| Other assets | $11.0M | $11.6M | |
| Total assets | $2.1B | $2.0B | |
| Non-interest bearing | $271.9M | $287.1M | |
| Interest bearing | $1.3B | $1.4B | |
| Total deposits | $1.6B | $1.7B | |
| Advance payments by borrowers for taxes and insurance | $2.4M | $1.6M | |
| Borrowings | $70.0M | ||
| Lease Liability - Operating | $4.8M | $4.1M | |
| Lease Liability - Financing | $434.0K | $609.0K | |
| Accounts payable and accrued expenses | $17.3M | $14.5M | |
| Total liabilities | $1.7B | $1.7B | |
| Common stock, $0.01 par value; 75,000,000 shares authorized; 13,963,432 shares and 14,016,254 shares outstanding, respectively | $140.0K | $140.0K | |
| Additional paid-in capital | $111.6M | $110.1M | |
| "Unearned Employee Stock Ownership Plan (""ESOP"") shares" | -$5.2M | -$6.1M | |
| Retained earnings | $245.0M | $214.0M | |
| Accumulated other comprehensive income | $233.0K | $224.0K | |
| Total stockholders' equity | $351.7M | $318.3M | $279.3M |
| Total liabilities and stockholders' equity | $2.1B | $2.0B | |
| Securities held-to-maturity, allowance for credit losses | $126.0K | $126.0K | |
| Preferred stock, par value (in $ per share) | $0.01 | $0.01 | |
| Preferred stock, shares authorized (in shares) | 25.0M shares | 25.0M shares | |
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | |
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | |
| Common stock, par value (in $ per share) | $0.01 | $0.01 | |
| Common stock, shares authorized (in shares) | 75.0M shares | 75.0M shares | |
| Common stock, shares issued (in shares) | 14.0M shares | 14.0M shares | |
| Common stock, shares outstanding (in shares) | 14.0M shares | 14.0M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and amounts due from depository institutions | $10.5M | $13.7M | |
| Interest-bearing deposits | $70.7M | $64.6M | |
| Total cash and cash equivalents | $81.2M | $78.3M | |
| Certificates of deposit | $100.0K | $100.0K | |
| Equity securities | $26.6M | $22.0M | |
| Securities held-to-maturity (net of allowance for credit losses of $126 and $126, respectively) | $18.3M | $14.6M | |
| Loans receivable | $1.9B | $1.8B | |
| Deferred loan costs (fees), net | $268.0K | -$49.0K | |
| Allowance for credit losses | -$4.7M | -$4.8M | -$5.1M |
| Net loans | $1.9B | $1.8B | |
| Premises and equipment, net | $25.4M | $24.8M | |
| Investments in restricted stock, at cost | $410.0K | $397.0K | |
| Bank owned life insurance | $26.4M | $25.7M | |
| Accrued interest receivable | $12.2M | $13.5M | |
| Real estate owned | $5.1M | ||
| Property held for investment | $1.3M | $1.4M | |
| Right of Use Assets - Operating | $4.7M | $4.0M | |
| Right of Use Assets - Financing | $343.0K | $347.0K | |
| Other assets | $11.0M | $11.6M | |
| Total assets | $2.1B | $2.0B | |
| Non-interest bearing | $271.9M | $287.1M | |
| Interest bearing | $1.3B | $1.4B | |
| Total deposits | $1.6B | $1.7B | |
| Advance payments by borrowers for taxes and insurance | $2.4M | $1.6M | |
| Borrowings | $70.0M | ||
| Lease Liability - Operating | $4.8M | $4.1M | |
| Lease Liability - Financing | $434.0K | $609.0K | |
| Accounts payable and accrued expenses | $17.3M | $14.5M | |
| Total liabilities | $1.7B | $1.7B | |
| Common stock, $0.01 par value; 75,000,000 shares authorized; 13,963,432 shares and 14,016,254 shares outstanding, respectively | $140.0K | $140.0K | |
| Additional paid-in capital | $111.6M | $110.1M | |
| "Unearned Employee Stock Ownership Plan (""ESOP"") shares" | -$5.2M | -$6.1M | |
| Retained earnings | $245.0M | $214.0M | |
| Accumulated other comprehensive income | $233.0K | $224.0K | |
| Total stockholders' equity | $351.7M | $318.3M | $279.3M |
| Total liabilities and stockholders' equity | $2.1B | $2.0B | |
| Securities held-to-maturity, allowance for credit losses | $126.0K | $126.0K | |
| Preferred stock, par value (in $ per share) | $0.01 | $0.01 | |
| Preferred stock, shares authorized (in shares) | 25.0M shares | 25.0M shares | |
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | |
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | |
| Common stock, par value (in $ per share) | $0.01 | $0.01 | |
| Common stock, shares authorized (in shares) | 75.0M shares | 75.0M shares | |
| Common stock, shares issued (in shares) | 14.0M shares | 14.0M shares | |
| Common stock, shares outstanding (in shares) | 14.0M shares | 14.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.9
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income | $44.4M | $47.1M |
| Net amortization of securities premiums and discounts, net | $5.0K | $6.0K |
| (Reversal of) provision for credit losses | -$99.0K | $740.0K |
| Depreciation | $1.2M | $1.2M |
| Net accretion of deferred loan fees and costs | -$372.0K | -$149.0K |
| Deferred income tax expense (benefit) | $326.0K | -$467.0K |
| Unrealized (gain) loss on equity securities | -$576.0K | $109.0K |
| Impairment of real estate owned | $222.0K | $689.0K |
| Loss on sale of real estate owned | $272.0K | |
| Earnings on bank owned life insurance | -$695.0K | -$656.0K |
| Loss (gain) on dispositions of premises and equipment | $6.0K | -$22.0K |
| ESOP compensation expense | $1.9M | $1.8M |
| Compensation expense related to stock options | $792.0K | $845.0K |
| Compensation expense related to restricted stock | $1.2M | $1.2M |
| Decrease (increase) in accrued interest receivable | $1.3M | -$1.2M |
| Increase in other assets | -$320.0K | -$2.5M |
| Decrease in accounts payable - loan closing | -$28.0K | -$125.0K |
| Increase in accounts payable and accrued expenses | $3.1M | $114.0K |
| Net Cash Provided by Operating Activities | $52.6M | $48.7M |
| Net increase in loans | -$43.9M | -$243.1M |
| Proceeds from sale of loans | $1.1M | $11.8M |
| Proceeds from sale of real estate owned | $273.0K | |
| Principal repayments on securities held-to-maturity | $1.1M | $1.2M |
| Purchase of marketable equity securities | -$4.0M | -$4.0M |
| Purchase of securities held-to-maturity | -$4.8M | |
| Purchase of FHLB stock | -$688.0K | -$98.0K |
| Redemption of FHLB stock | $675.0K | $630.0K |
| Purchases of premises and equipment | -$1.7M | -$517.0K |
| Net Cash Used in Investing Activities | -$52.0M | -$234.0M |
| Net (decrease) increase in deposits | -$53.5M | $270.3M |
| Net proceeds (repayments) from borrowings | $70.0M | -$64.0M |
| Stock repurchases | -$1.6M | -$3.2M |
| Stock option exercised | $14.0K | |
| Increase (decrease) in advance payments by borrowers for taxes and insurance | $734.0K | -$402.0K |
| Cash dividends paid | -$13.3M | -$7.9M |
| Net Cash Provided by Financing Activities | $2.4M | $194.9M |
| Net Increase in Cash and Cash Equivalents | $2.9M | $9.6M |
| Income taxes paid: Federal | $11.0M | $14.0M |
| Income taxes paid: State and local | $4.4M | $8.1M |
| Total income taxes paid | $15.4M | $22.1M |
| Interest paid | $52.3M | $56.6M |
| Recognition of right of use asset - operating | $1.5M | |
| Recognition of lease liability - operating | $1.5M | |
| Recognition of real estate owned | $4.4M | |
| Sale of real estate owned | $4.4M |
No quarter-by-quarter statement was filed.
Compare NorthEast Community Bancorp, Inc./MD/ with another company
Corporate structure
NorthEast Community Bancorp, Inc./MD/ sits at the top of its group. 8 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of NorthEast Community Bancorp, Inc./MD/
- M3 PARTNERS LP Filed SC 13G/A on NorthEast Community Bancorp, Inc./MD/, latest Feb 14, 2024 (3 filings since Feb 14, 2022)
- NorthEast Community Bank Employee Stock Ownership Plan Filed SC 13G/A on NorthEast Community Bancorp, Inc./MD/, latest Feb 12, 2024 (3 filings since Feb 11, 2022)
- NorthEast Community Bancorp, Inc./MD/ White Plains, New York
- 166 Route 59 Realty LLC Subsidiary · New York, United States
- 3 Winterton Realty LLC Subsidiary · New York, United States
- 72 West Eckerson LLC Subsidiary · New York, United States
- NECB Financial Services Group, LLC Subsidiary · New York, United States
- NECB Real Estate LLC Subsidiary · New York, United States
- New England Commercial Properties LLC Subsidiary · New York, United States
- NorthEast Community Bank Subsidiary · New York, United States
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What NorthEast Community Bancorp, Inc./MD/ reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $41.6M9 Dec 31, 2025 | $39.9M9 Dec 31, 2024 | +4.3% |
| Accumulated depreciation | $16.2M9 Dec 31, 2025 | $15.1M9 Dec 31, 2024 | +7.5% |
| Property and equipment, net | $25.4M9 Dec 31, 2025 | $24.8M9 Dec 31, 2024 | +2.3% |
| Finance-lease assets | $343.0K9 Dec 31, 2025 | $347.0K9 Dec 31, 2024 | −1.2% |
| Operating-lease assets (leased space) | $4.7M9 Dec 31, 2025 | $4.0M9 Dec 31, 2024 | +16.4% |
Real estate and locations
| Item | Latest | A year before | Change |
|---|---|---|---|
| Real estate investments, net | $1.3M9 Dec 31, 2025 | $1.4M9 Dec 31, 2024 | −2.6% |
| Real estate investments, at cost | $1.9M9 Dec 31, 2025 | $1.9M9 Dec 31, 2024 | 0% |
| Real estate accumulated depreciation | $608.0K9 Dec 31, 2025 | $572.0K9 Dec 31, 2024 | +6.3% |
| Real estate properties | 29 Dec 31, 2024 | 18 Dec 31, 2023 | +100.0% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $81.2M9 Dec 31, 2025 | $78.3M9 Dec 31, 2024 | +3.7% |
| Equity securities at fair value | $26.6M9 Dec 31, 2025 | $22.0M9 Dec 31, 2024 | +20.8% |
| Loans, net of allowance | $1.9B9 Dec 31, 2025 | $1.8B9 Dec 31, 2024 | +2.6% |
| Deposits held (banks) | $1.6B9 Dec 31, 2025 | $1.7B9 Dec 31, 2024 | −3.2% |
Properties, in its own words
At December 31, 2025, we conducted business through our administrative headquarters located in White Plains, New York and through our eleven branch offices located in Bronx, New York, Rockland, Orange, and Sullivan Counties in New York and Essex, Middlesex, and Norfolk Counties in Massachusetts and three loan production offices located in White Plains and New City, New York and Danvers, Massachusetts. We previously operated a leased wealth management office in Westport, Connecticut. However, we no longer maintain this office following the sale of all of the Bank’s assets relating to Harbor West Wealth Management Group to a third party in January 2024. At December 31, 2025, we leased five of our offices, and the total net book value of our land, buildings, furniture, fixtures and equipment was $25.4 million.
Item 2 of the 10-K filed Mar 13, 2026.4
Leadership
Who has led NorthEast Community Bancorp, Inc./MD/, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
2025
- Chief executive officerKenneth A. Martinek Jul 13, 2021 to now12
- ChairKenneth A. Martinek Jul 13, 2021 to now12
- PresidentJose M. Collazo Jul 13, 2021 to now13
- Chief financial officerDonald S. Hom Jul 13, 2021 to now14
- Chief operating officerJose M. Collazo Jul 13, 2021 to now13
Board members and other officers (11)
- Executive Vice PresidentRyan Michael Casey Aug 3, 2026 to now15
- Board memberLynette Winona Bennett Feb 4, 2026 to now16
- Board memberJoel Lee Morgenthau Nov 1, 2024 to now17
- Board memberLinda M. Swan Jun 27, 2022 to Nov 16, 202318
- Board memberCharles A. Martinek Jul 13, 2021 to now19
- Board memberCharles Michael Cirillo Jul 13, 2021 to now20
- Board memberDiane B. Cavanaugh Jul 13, 2021 to now21
- Board memberEugene M. Magier Jul 13, 2021 to now22
- Board memberJose M. Collazo Jul 13, 2021 to now13
- Board memberKenneth H. Thomas Jul 13, 2021 to Nov 3, 202223
- Board memberKevin Patrick Omalley Jul 13, 2021 to Oct 4, 202224
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- 166 Route 59 Realty LLC New York3
- 3 Winterton Realty LLC New York3
- 72 West Eckerson LLC New York3
- NECB Financial Services Group, LLC New York3
- NECB Real Estate LLC New York3
- New England Commercial Properties LLC New York3
- NorthEast Community Bank New York3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Jul 27, 20268-K Results of operations25
- May 26, 20268-K Executive or director change; Shareholder vote26
- Apr 30, 20268-K Results of operations27
- Jan 30, 20268-K Results of operations28
- Jan 27, 20268-K Executive or director change29
- Dec 9, 20258-K Other events30
- Oct 24, 20258-K Results of operations31
- Aug 22, 20258-K Other events32
- Jul 25, 20258-K Results of operations33
- May 27, 20258-K Shareholder vote34
- Apr 22, 20258-K Results of operations35
- Mar 11, 20258-K Results of operations36
- Jul 13, 2021New chief executive Kenneth A. Martinek becomes CEO12
Calendar
Coming up
- Oct 22, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.87 a share, on Oct 23, 2025.37
When it reported results
- Jul 27, 2026Reported quarterly or annual results25
- Apr 30, 2026Reported quarterly or annual results27
- Jan 30, 2026Reported quarterly or annual results28
- Oct 24, 2025Reported quarterly or annual results31
- Jul 25, 2025Reported quarterly or annual results33
- Apr 22, 2025Reported quarterly or annual results35
- Mar 11, 2025Reported quarterly or annual results36
- Jan 31, 2025Reported quarterly or annual results38
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
169 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 41 major events, 69 insider forms, 7 large holders, 32 other. The latest 20:
- Aug 7, 202610-Q EDGAR
- Aug 3, 20263 EDGAR
- Jul 30, 2026144 EDGAR
- Jul 29, 20264 EDGAR
- Jul 27, 20268-K EDGAR
- Jul 17, 20264 EDGAR
- Jun 23, 2026S-8 EDGAR
- Jun 18, 202611-K EDGAR
- May 26, 20268-K EDGAR
- May 8, 202610-Q EDGAR
- Apr 30, 20268-K EDGAR
- Apr 10, 2026ARS EDGAR
- Apr 10, 2026DEFA14A EDGAR
- Apr 10, 2026DEF 14A EDGAR
- Mar 13, 20264 EDGAR
- Mar 13, 202610-K EDGAR
- Mar 12, 2026144 EDGAR
- Mar 6, 20264 EDGAR
- Mar 5, 2026144 EDGAR
- Mar 5, 20264 EDGAR
The 169 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
27 open-market trades by officers, directors and large owners since October 2021: 11 buys and 16 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jul 29, 2026 | Hom Donald SEVP and CFO | Sale | 3,000 | $27.20 | $81.6K | Form 4 |
| Mar 12, 2026 | Cirillo Charles MichaelDirector | Sale | 3,566 | $22.94 | $81.8K | Form 4 |
| Mar 5, 2026 | McKenzie John FDirector | Sale | 3,000 | $23.85 | $71.5K | Form 4 |
| Dec 12, 2025 | Hom Donald SEVP and CFO | Sale | 2,000 | $23.76 | $47.5K | Form 4 |
| Dec 11, 2025 | Cavanaugh Diane BDirector | Sale | 1,000 | $23.59 | $23.6K | Form 4 |
| Dec 11, 2025 | Martinek Charles ADirector | Sale | 2,000 | $23.46 | $46.9K | Form 4 |
| Oct 28, 2025 | Hom Donald SEVP and CFO | Sale | 4,000 | $20.19 | $80.8K | Form 4 |
| Aug 26, 2025 | Collazo Jose MPresident and COO | Sale | 5,441 | $22.33 | $121.5K | Form 4 |
| Aug 13, 2025 | Hom Donald SEVP and CFO | Sale | 1,000 | $22.05 | $22.1K | Form 4 |
| May 14, 2025 | McKenzie John FDirector | Sale | 2,000 | $23.82 | $47.6K | Form 4 |
| Mar 14, 2025 | Cirillo Charles MichaelDirector | Sale | 2,896 | $22.79 | $66.0K | Form 4 |
| Mar 14, 2025 | Morgenthau Joel LeeDirector | Buy | 2,000 | $22.88 | $45.8K | Form 4 |
| Dec 10, 2024 | Cavanaugh Diane BDirector | Sale | 2,000 | $28.45 | $56.9K | Form 4 |
| Dec 5, 2024 | Hom Donald SEVP and CFO | Sale | 3,000 | $29.09 | $87.3K | Form 4 |
| Nov 27, 2024 | Martinek Charles ADirector | Sale | 1,200 | $30.58 | $36.7K | Form 4 |
| Nov 15, 2024 | McKenzie John FDirector | Sale | 1,000 | $28.90 | $28.9K | Form 4 |
| Dec 1, 2023 | Martinek Charles ADirector | Sale | 1,000 | $17.05 | $17.1K | Form 4 |
| Mar 9, 2023 | Cirillo Charles MichaelDirector | Buy | 4,000 | $15.48 | $61.9K | Form 4 |
| Nov 2, 2022 | Thomas Kenneth HDirector | Buy | 520 | $13.44 | $7.0K | Form 4 |
| May 23, 2022 | Martinek Kenneth AChairman and CEO | Buy | 4,000 | $11.00 | $44.0K | Form 4 |
All 27 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- M3 PARTNERS LPSC 13G/A, 3 filings Feb 14, 2022 to Feb 14, 202439
- NorthEast Community Bank Employee Stock Ownership PlanSC 13G/A, 3 filings Feb 11, 2022 to Feb 12, 202440
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Kenneth A. Martinek | $670.0K | $1.3M41 | |
| 2025 | Jose M. Collazo | $556.0K | $1.0M41 | |
| 2025 | Donald S. Hom | $360.0K | $604.3K41 | |
| 2024 | Chairman and Chief | $650.0K | $1.1M41 | |
| 2024 | President and Chief | $540.0K | $897.7K41 | |
| 2024 | Executive Vice | $350.0K | $587.4K41 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How NorthEast Community Bancorp, Inc./MD/ is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARNorthEast Community Bancorp, Inc./MD/1
- CIK0001847398
- Employer ID (EIN)86-31738584
- Filer statusAccelerated filer an emerging growth company; a smaller reporting company; not a shell company4
- Incorporated inMaryland4
- Fiscal year endsDecember 311
- Industry code (SIC)6036 Savings Institutions, Not Federally Chartered1
- SEC reviewing officeOffice of Finance, Division of Corporation Finance1
- Business address325 Hamilton Avenue, White Plains, NY 106011
- Phone(914) 684-25001
- Shares outstanding13,766,059 as of Aug 5, 202611
- Public float$284.5M as of Jun 30, 20254
- AuditorS.R. Snodgrass, P.C., Cranberry Township, Pennsylvania PCAOB ID 74; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceMar 8, 20211
- Filings218 in all: 4 (79), 8-K (45), 10-Q (17), 3 (14), 144 (11), DEF 14A (6), 10-K (5), 11-K (5)1
All 24 form types
SC 13G/A (5), CORRESP (4), DEFA14A (4), ARS (3), S-8 (3), 4/A (2), 424B3 (2), 8-K/A (2), S-1/A (2), SC 13G (2), UPLOAD (2), 8-A12B (1), CERT (1), EFFECT (1), PRE 14A (1), S-1 (1)
- Latest filingsAnnual report (10-K) Mar 13, 2026
Quarterly report (10-Q) Aug 7, 2026
Proxy statement (DEF 14A) Apr 10, 2026
Latest 8-K (8-K) Jul 27, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common stock, par value $0.01 per share | NECB | The Nasdaq Stock Market LLC |
From the cover page of the 10-K filed Mar 13, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks NorthEast Community Bancorp, Inc./MD/ names in Item 1A of its 10-K filed Mar 13, 2026: 28 risks under these headings, as written.4
- Risks Related to Our Lending Activities
- Our emphasis on construction lending involves risks that could adversely affect our financial condition and results of operations.
- Our portfolio of multifamily residential, mixed-use and non-residential real estate lending could expose us to increased lending risks.
- Imposition of limits by the bank regulators on construction and multifamily, mixed-use and nonresidential real estate lending activities could curtail our growth and adversely affect our earnings.
- for such loans. See “Item 7: Management’s Discussion and Analysis of Financial Condition and Results of Operations — Risk Management — Management of Credit Risk.”
- Our multifamily and mixed-use loan portfolio may be adversely affected by changes in legislation or regulations.
- Our portfolio of commercial and industrial loans may expose us to increased lending risks.
- If our allowance for credit losses - loans is not sufficient to cover actual loan losses, our results of operations would be negatively affected.
- The geographic concentration of our loan portfolio and lending activities makes us vulnerable to a downturn in our primary market area.
- Economic conditions could result in increases in our level of non-performing loans and/or reduce demand for our products and services, which could have an adverse effect on our results of operations.
- Strong competition within our market area may limit our growth and profitability.
- Risks Related to Our Operations
The other 18 risks
- Our reliance on brokered deposits, military deposits and deposits from listing services could adversely affect our liquidity and operating results.
- We face a risk of non-compliance and enforcement action with the Bank Secrecy Act and other anti-money laundering statutes and regulations.
- Because the nature of the financial services business involves a high volume of transactions, we face significant operational risks.
- Risks Related to Our Growth Strategy
- The building of market share through our branch office strategy, and our ability to achieve profitability on new branch offices, may increase our expenses and negatively affect our earnings.
- Risks Related to Our Payment of Dividends
- Our dividend policy may change without notice and any payment of dividends in the future is subject to the discretion of our Board of Directors.
- Risks Related to Our Business and Industry Generally
- Changes in interest rates may hurt our profits and asset values and our strategies for managing interest rate risk may not be effective.
- Ineffective liquidity management could adversely affect our financial results and condition.
- Financial challenges at other banking institutions could lead to depositor concerns that spread within the banking industry causing disruptive and destabilizing deposit outflows.
- Economic, social and political conditions or civil unrest in the United States may affect the markets in which we operate, our customers, our ability to provide customer service, and could have a material adverse impact on our business, results of operations, or financial condition.
- Increasing scrutiny and evolving expectations from customers, regulators, investors, and other stakeholders with respect to our environmental, social and governance practices may impose additional costs on us or expose us to new or additional risks.
- We depend on our management team to implement our business strategy and execute successful operations and we could be harmed by the loss of their services.
- We are a community bank and our ability to maintain our reputation is critical to the success of our business. The failure to do so may adversely affect our performance.
- We are dependent on our information technology and telecommunications systems and third-party service providers; systems failures, interruptions and cybersecurity breaches could have a material adverse effect on us.
- Security breaches and cybersecurity threats could compromise our information and expose us to liability, which would cause our business and reputation to suffer.
- We must keep pace with technological change to remain competitive.
- Acts of terrorism and other external events could impact our business.
- Regulation of the financial services industry is intense, and we may be adversely affected by changes in laws and regulations.
- We are an emerging growth company, and any decision on our part to comply only with certain reduced reporting and disclosure requirements applicable to emerging growth companies could make our common stock less attractive to investors.
Legal proceedings
From time to time, the Company and the Bank are involved in routine legal proceedings in the ordinary course of business. At December 31, 2025, such routine legal proceedings, in the aggregate, are believed by management to be immaterial to our financial condition, results of operations and cash flows.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13SEC EDGARJose M. Collazo, President
- 14
- 15
- 16SEC EDGARLynette Winona Bennett, Board member
- 17SEC EDGARJoel Lee Morgenthau, Board member
- 18SEC EDGARLinda M. Swan, Board member
- 19SEC EDGARCharles A. Martinek, Board member
- 20
- 21SEC EDGARDiane B. Cavanaugh, Board member
- 22SEC EDGAREugene M. Magier, Board member
- 23SEC EDGARKenneth H. Thomas, Board member
- 24SEC EDGARKevin Patrick Omalley, Board member
- 25SEC EDGARResults of operations
- 26
- 27SEC EDGARResults of operations
- 28SEC EDGARResults of operations
- 29SEC EDGARExecutive or director change
- 30SEC EDGAROther events
- 31SEC EDGARResults of operations
- 32SEC EDGAROther events
- 33SEC EDGARResults of operations
- 34SEC EDGARShareholder vote
- 35SEC EDGARResults of operations
- 36SEC EDGARResults of operations
- 37NasdaqNasdaq calendar
- 38
- 39
- 40
- 41