Revenue: As of FY2026 Q1, the actual value is USD 36.77 M.

EPS: As of FY2026 Q1, the actual value is USD 0.74, missing the estimate of USD 0.75.

EBIT: As of FY2026 Q1, the actual value is USD -10.08 M.

Northeast Community Bancorp, Inc. operates as a single reportable operating segment, with financial performance evaluated on a Company-wide basis, encompassing all financial service operations.

Operational Metrics

• Net income for the three months ended March 31, 2026, was $10.0 million, a decrease of $615,000 or -5.8% compared to $10.6 million for the same period in 2025.
• Net interest income was $24.1 million for the three months ended March 31, 2026, decreasing by $130,000 or -0.5% from $24.3 million in the prior year period.
• Total interest and dividend income decreased by $2.2 million or -5.9%, to $36.0 million for the three months ended March 31, 2026, from $38.2 million for the same period in 2025.
• Total interest expense decreased by $2.1 million or -15.1%, to $11.8 million for the three months ended March 31, 2026, from $13.9 million for the same period in 2025.
• The net interest margin decreased by 12 basis points or -2.4%, to 4.99% for the three months ended March 31, 2026, compared to 5.11% for the same period in 2025.
• The Company recorded -$0 in credit loss expense for the three months ended March 31, 2026, compared to $237,000 for the same period in 2025.
• Non-interest income was $796,000 for the three months ended March 31, 2026, a decrease of $439,000 or -35.5% from $1.2 million in the prior year period.
• Total non-interest expenses increased by $260,000 or 2.4%, to $10.9 million for the three months ended March 31, 2026, from $10.6 million for the same period in 2025.
• Salaries and employee benefits increased by $239,000 or 4.0%, to $6.2 million for the three months ended March 31, 2026, from $5.9 million for the same period in 2025.
• Occupancy expense increased by $128,000 or 17.1%, to $874,000 for the three months ended March 31, 2026, from $747,000 for the same period in 2025.

Balance Sheet Highlights

• Total assets decreased by $38.4 million or -1.9%, to $2.0 billion at March 31, 2026, from $2.1 billion at December 31, 2025.
• Net loans, after allowance for credit losses, decreased by $31.8 million or -1.7%, to $1.8 billion at March 31, 2026, from $1.9 billion at December 31, 2025.
• Total deposits increased by $9.4 million or 0.6%, to $1.6 billion at March 31, 2026, from $1.6 billion at December 31, 2025.
• Borrowings decreased by $50.0 million or -71.4%, to $20.0 million at March 31, 2026, from $70.0 million at December 31, 2025.
• Stockholders’ equity increased by $4.6 million or 1.3%, to $356.3 million at March 31, 2026, from $351.7 million at December 31, 2025.
• Allowance for credit losses (loans) decreased to $4.6 million at March 31, 2026, from $4.7 million at December 31, 2025, due to $27,000 in charge-offs and a provision reduction of -$112,000.
• Allowance for credit losses (off-balance sheet commitments) increased by $112,000 or 12.7%, to $991,000 at March 31, 2026, from $879,000 at December 31, 2025, driven by a $140.0 million increase in off-balance sheet commitments.

Cash Flow

• Net cash provided by operating activities was $10.438 million for the three months ended March 31, 2026, compared to $10.943 million for the same period in 2025.
• Net cash provided by investing activities was $31.014 million for the three months ended March 31, 2026, compared to $86.038 million for the same period in 2025.
• Net cash used in financing activities was -$46.416 million for the three months ended March 31, 2026, compared to -$85.782 million for the same period in 2025.

Unique Metrics & Strategy

• For the three months ended March 31, 2026, the average Cash Liquidity ratio was 4.3%, On Balance Sheet Liquidity ratio was 7.1%, and On Balance Sheet Liquidity & Borrowing Capacity ratio was 59.6%. The Company aims for targets of 2.0% for Cash Liquidity, 5.0% for On Balance Sheet Liquidity, and 20.0% for On Balance Sheet Liquidity & Borrowing Capacity.
• Northeast Community Bancorp, Inc. manages liquidity through a time-series approach, assessing cash accessibility across Minute 1, Day 1, Week 1, Month 1, and Year 1 intervals. As of March 31, 2026, the ratios of Cash and Borrowing Capacity/Total Non-Contractual Deposits and Cash, Borrowing Capacity and Sourced Deposits Capacity/Total Non-Contractual Deposits were 73.4% and 121.2%, respectively, indicating sufficient liquidity to meet unexpected deposit outflows.
• For the three months ended March 31, 2026, the Company originated $266.1 million in loans, primarily consisting of $244.2 million in construction loans and $21.8 million in commercial and industrial loans.
• At March 31, 2026, the Company had an available borrowing limit of $866.7 million from the Federal Reserve Bank of New York (FRBNY) and $8.0 million from Atlantic Community Bankers Bank (ACBB). The Company no longer has borrowing capacity at the FHLB-NY as of March 31, 2026, due to the withdrawal of pledged eligible loans.
• As of March 31, 2026, unfunded commitments included $429.5 million for construction and multi-family mortgage loans, $297.1 million for loan originations, $78.9 million for commercial and industrial loan lines of credit, and $14.2 million for unfunded standby letters of credit.