← NorthEast Community Bancorp, Inc./MD/
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Net income | $12.3m |
$11.9m
-3.44%
|
$24.8m
+108.68%
|
$46.3m
+86.27%
|
$47.1m
+1.72%
|
$44.4m
-5.65%
|
$42.4m
-4.48%
|
|
| Net amortization of securities premiums and discounts, net | ($3k) | ($2k) | $27k | $20k | $6k | $5k | — | |
| Depreciation | $1.1m | $1.1m | $1.2m | $1.2m | $1.2m | $1.2m | $1.2m | |
| Deferred income tax expense (benefit) | ($33k) | $118k | ($1.3m) | ($367k) | ($467k) | $326k | $27k | |
| Impairment of real estate owned | $168k | — | $540k | — | $689k | $222k | — | |
| Decrease in accounts payable - loan closing | — | $2.7m | ($91k) | ($2.6m) | ($125k) | ($28k) | — | |
| Increase in accounts payable and accrued expenses | $97k | $3.6m | $1.8m | ($1.2m) | $114k | $3.1m | — | |
| Decrease (increase) in accrued interest receivable | $116k | ($445k) | ($4.3m) | ($3.7m) | ($1.2m) | $1.3m | — | |
| Increase in other assets | $1.8m | $830k | $1.3m | $149k | ($2.5m) | ($320k) | — | |
| Net Cash Provided by Operating Activities | $15.7m |
$21.6m
+37.62%
|
$27.5m
+27.76%
|
$42.8m
+55.54%
|
$48.7m
+13.66%
|
$52.6m
+8.01%
|
$49.3m
-6.34%
|
|
| Loss (gain) on dispositions of premises and equipment | $61k | ($7k) | ($98k) | $18k | ($22k) | $6k | — | |
| Purchases of premises and equipment | ($1.3m) | ($6.5m) | ($3.3m) | ($626k) | ($517k) | ($1.7m) | — | |
| Net Cash Used in Investing Activities | ($72.1m) | ($178.9m) | ($256.6m) | ($357.8m) | ($234.0m) | ($52.0m) | ($127.6m) | |
| Net proceeds (repayments) from borrowings | — | — | — | — | ($64.0m) | $70.0m | — | |
| Cash dividends paid | ($1.0m) | ($2.3m) | ($6.9m) | ($3.7m) | ($7.9m) | ($13.3m) | ($14.0m) | |
| Dividends declared and not paid | $143k | $925k | $971k | $849k | $2.1m | $2.8m | — | |
| Net Cash Provided by Financing Activities | ($2.0m) |
$240.4m
+11935.80%
|
$172.1m
-28.41%
|
$288.4m
+67.57%
|
$194.9m
-32.42%
|
$2.4m
-98.79%
|
$92.3m
+3817.65%
|
|
| Cash and Cash Equivalents - Beginning | $69.2m | $152.3m | $95.3m | $68.7m | $78.3m | $81.2m | — | |
| Additional Supplementary Disclosures | ||||||||
| Additional Supplementary Disclosures | ||||||||
| (Reversal of) provision for credit losses | — | — | $439k | $972k | $740k | ($99k) | — | |
| Net accretion of deferred loan fees and costs | ($165k) | $82k | $509k | $215k | ($149k) | ($372k) | — | |
| Unrealized (gain) loss on equity securities | ($288k) | $389k | — | — | $109k | ($576k) | — | |
| Loss on sale of real estate owned | — | — | — | — | — | $272k | — | |
| Earnings on bank owned life insurance | ($609k) | ($600k) | ($604k) | ($1.0m) | ($656k) | ($695k) | — | |
| ESOP compensation expense | $257k | $931k | $1.1m | $1.3m | $1.8m | $1.9m | — | |
| Compensation expense related to stock options | — | — | $92k | $768k | $845k | $792k | — | |
| Compensation expense related to restricted stock | — | — | $116k | $968k | $1.2m | $1.2m | — | |
| Net increase in loans | ($72.5m) | ($166.7m) | ($257.8m) | ($399.4m) | ($243.1m) | ($43.9m) | — | |
| Proceeds from sale of loans | — | $17.8m | $12.8m | $29.7m | $11.8m | $1.1m | — | |
| Proceeds from sale of real estate owned | — | — | — | — | — | $273k | — | |
| Principal repayments on securities held-to-maturity | $2.0m | $4.8m | $1.5m | $11.2m | $1.2m | $1.1m | — | |
| Purchase of marketable equity securities | — | ($10.0m) | — | ($806k) | ($4.0m) | ($4.0m) | — | |
| Purchase of securities held-to-maturity | ($189k) | ($15.3m) | ($10.0m) | ($806k) | — | ($4.8m) | — | |
| Purchase of FHLB stock | — | — | — | ($6k) | ($98k) | ($688k) | — | |
| Redemption of FHLB stock | — | — | $331k | $315k | $630k | $675k | — | |
| Net (decrease) increase in deposits | ($7.5m) | $155.5m | $194.8m | $278.1m | $270.3m | ($53.5m) | — | |
| Stock repurchases | — | — | ($9.3m) | ($28.7m) | ($3.2m) | ($1.6m) | — | |
| Stock option exercised | — | — | — | — | $14k | — | — | |
| Increase (decrease) in advance payments by borrowers for taxes and insurance | ($570k) | ($374k) | $485k | ($349k) | ($402k) | $734k | — | |
| Net Increase in Cash and Cash Equivalents | ($58.5m) | $83.1m | ($57.0m) | ($26.6m) | $9.6m | $2.9m | — | |
| Income taxes paid: Federal | $3.4m | $3.6m | $9.2m | $20.7m | $14.0m | $11.0m | — | |
| Income taxes paid: State and local | $3.4m | $3.6m | $9.2m | $20.7m | $8.1m | $4.4m | — | |
| Total income taxes paid | $3.4m | $3.6m | $9.2m | $20.7m | $22.1m | $15.4m | — | |
| Interest paid | $10.0m | $5.0m | $8.0m | $34.9m | $56.6m | $52.3m | $49.5m | |
| Recognition of right of use asset - operating | $2.7m | — | $289k | $4.4m | — | $1.5m | — | |
| Recognition of lease liability - operating | $2.7m | — | $289k | $4.4m | — | $1.5m | — | |
| Recognition of real estate owned | — | — | — | — | $4.4m | — | — | |
| Sale of real estate owned | — | — | — | — | — | $4.4m | — |