NorthEast Community Bancorp, Inc. Reports Results For the Fourth Quarter and Year Ended December 31, 2019
NorthEast Community Bancorp, Inc. (NECB)
US:NASDAQ Investor Relations:
necommunitybank.com/aboutus/investorrelations.aspx
Company Research
Source: GlobeNewswire
WHITE PLAINS, N.Y., Feb. 07, 2020 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (OTCPX: NECB), a majority owned subsidiary of NorthEast Community Bancorp, MHC, and the parent holding company of NorthEast Community Bank (the “Bank”), reported net income of $2.76 million for the quarter ended December 31, 2019 compared to net income of $4.92 million for the quarter ended December 31, 2018. For the year ended December 31, 2019, the Company reported net income of $12.76 million compared to net income of $13.03 million for the year ended December 31, 2018. Financial Condition and Operating Results for December 31, 2019 compared to December 31, 2018: Net income before taxes for the three months ended December 31, 2019 was $3.62 million compared to $6.23 million for the three months ended December 31, 2018. The decrease in net income before taxes was the result of a credit to provision for loan losses of $2.32 million for the three months ended December 31, 2018
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NECB
Earnings
- 10/28/24 - Beat
NECB
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- NECB's page on the SEC website