-+ 0.00%
-+ 0.00%
-+ 0.00%
NorthEast Community Bancorp Q3 net income falls 10% to $10.67 million
Share
Listen to the news
NorthEast Community Bancorp Q3 net income falls 10% to $10.67 million
  • NorthEast Community Bancorp’s third-quarter 2026 net income fell 10% year over year to $10.67 million.
  • Net interest income rose to $26.09 million, while non-interest income swung to a $185,000 loss.
  • Non-interest expenses climbed to $10.75 million, with higher customer fraud involving checks and debit cards contributing to increased operating expenses.
  • Net loans increased 8.6% from December 31, 2025, to $2 billion at September 30, 2026, primarily driven by construction lending.
  • Non-performing assets rose to $17.4 million at September 30; management anticipates no losses because it believes the loans are sufficiently collateralized.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northeast Community Bancorp Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610221530PRIMZONEFULLFEED9851526) on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending