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0.00818612666953905 0.011632916846187 0.0150797070228349 0.0150797070228349 0.0150797070228349 0.00904782421370103 0.00904782421370103 0.00904782421370103
Stock impact report

NorthEast Community Bancorp, Inc. Reports Results for the Quarter Ended September 30, 2019

NorthEast Community Bancorp, Inc. (NECB) 
Company Research Source: GlobeNewswire
WHITE PLAINS, N.Y., Nov. 05, 2019 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (OTC: NECB) (the “Company”), a majority owned subsidiary of NorthEast Community Bancorp, MHC, and the parent holding company of NorthEast Community Bank (the “Bank”), reported net income of $3.24 million for the quarter ended September 30, 2019 compared to net income of $1.22 million for the quarter ended September 30, 2018, an increase of $2.02 million or 164.79%.  Financial Condition and Operating Results for September 30, 2019 compared to September 30, 2018: Net interest income for the three months ended September 30, 2019 increased by $38,000, or 0.38%, to $10.07 million from $10.03 million for the three months ended September 30, 2018. Net income before taxes for the three months ended September 30, 2019 was $4.23 million compared to $1.60 million for the three months ended September 30, 2018, an increase of $2.63 million or 164.52%. The increase in net income before taxes was primarily t Show less Read more
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