NorthEast Community Bancorp IncMD
For the period ended Apr 21, 2025. Filed Apr 22, 2025.
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Apr 21, 2025 · Filed Apr 22, 2025
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NECB$29.01+0.0%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · NET INTEREST MARGIN ANALYSIS
NET INTEREST MARGIN ANALYSIS
| Quarter Ended March 31, 2025 | Quarter Ended March 31, 2024 | |||||
|---|---|---|---|---|---|---|
| Average | Interest | Average | Average | Interest | Average | |
| Balance | and dividend | Yield | Balance | and dividend | Yield | |
| (In thousands, except yield/cost information) · (In thousands, except yield/cost information) | ||||||
| Loan receivable gross | $1,767,849 | $36,882 | 8.35% | $1,612,343 | $36,703 | 9.11% |
| Securities | 36,751 | 235 | 2.56% | 33,848 | 197 | 2.33% |
| Federal Home Loan Bank stock | 397 | 9 | 9.07% | 842 | 21 | 9.98% |
| Other interest-earning assets | 93,476 | 1,081 | 4.63% | 91,552 | 1,200 | 5.24% |
| Total interest-earning assets | 1,898,473 | 38,207 | 8.05% | 1,738,585 | 38,121 | 8.77% |
| Allowance for credit losses | (4,827) | (5,091) | ||||
| Non-interest-earning assets | 96,493 | 88,859 | ||||
| Total assets | $1,990,139 | $1,822,353 | ||||
| Interest-bearing demand deposit | $274,630 | $2,445 | 3.56% | $171,483 | $1,817 | 4.24% |
| Savings and club accounts | 138,903 | 730 | 2.10% | 182,771 | 1,202 | 2.63% |
| Certificates of deposit | 962,084 | 10,758 | 4.47% | 810,586 | 9,375 | 4.63% |
| Total interest-bearing deposits | 1,375,617 | 13,933 | 4.05% | 1,164,840 | 12,394 | 4.26% |
| Borrowed money | - | 10 | 0.00% | 61,092 | 741 | 4.85% |
| Total interest-bearing liabilities | 1,375,617 | 13,943 | 4.05% | 1,225,932 | 13,135 | 4.29% |
| Non-interest-bearing demand deposit | 270,874 | 291,909 | ||||
| Other non-interest-bearing liabilities | 18,086 | 18,090 | ||||
| Total liabilities | 1,664,577 | 1,535,931 | ||||
| Equity | 325,562 | 286,422 | ||||
| Total liabilities and equity | $1,990,139 | $1,822,353 | ||||
| Net interest income / interest spread | $24,264 | 4.00% | $24,986 | 4.48% | ||
| Net interest rate margin | 5.11% | 5.75% | ||||
| Net interest earning assets | $522,856 | $512,653 | ||||
| Average interest-earning assets | ||||||
| to interest-bearing liabilities | 138.01% | 141.82% | ||||
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