ECB Bancorp, Inc. /MD/
For the period ended Jul 24, 2025. Filed Jul 24, 2025.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Jul 24, 2025 · Filed Jul 24, 2025
ECBK$21.45-0.5%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (in thousands except share data)
(in thousands except share data)
| June 30, 2025 | December 31, 2024 | |
|---|---|---|
| ASSETS | ||
| Cash and due from banks | $6,329 | $5,828 |
| Short-term investments | 92,333 | 151,789 |
| Total cash and cash equivalents | 98,662 | 157,617 |
| Interest-bearing time deposits | — | 100 |
| Investments in available-for-sale securities (at fair value) | 20,038 | 6,564 |
| Investments in held-to-maturity securities, at amortized cost (fair values of $62,547 at June 30, 2025 and $67,505 at December 31, 2024) | 66,845 | 73,215 |
| Loans held-for-sale | 1,504 | — |
| Loans, net of allowance for credit losses of $9,886 at June 30, 2025 and $8,884 at December 31, 2024 | 1,281,741 | 1,136,449 |
| Federal Home Loan Bank stock, at cost | 11,302 | 10,000 |
| Premises and equipment, net | 3,430 | 3,512 |
| Accrued interest receivable | 4,775 | 4,015 |
| Deferred tax asset, net | 5,511 | 4,914 |
| Bank-owned life insurance | 15,178 | 14,945 |
| Other assets | 6,028 | 6,822 |
| Total assets | $1,515,014 | $1,418,153 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||
| Deposits: | ||
| Noninterest-bearing | $87,862 | $84,958 |
| Interest-bearing | 979,576 | 913,575 |
| Total deposits | 1,067,438 | 998,533 |
| Federal Home Loan Bank advances | 264,815 | 234,000 |
| Other liabilities | 14,484 | 17,352 |
| Total liabilities | 1,346,737 | 1,249,885 |
| Shareholders' Equity: | ||
| Preferred Stock, par value $0.01; Authorized: 1,000,000 shares; Issued and outstanding: 0 shares and 0 shares, respectively | — | — |
| Common Stock, par value $0.01; Authorized: 30,000,000 shares; Issued and outstanding: 8,946,958 shares and 9,095,833 shares, respectively | 89 | 91 |
| Additional paid-in capital | 84,755 | 86,189 |
| Retained earnings | 90,582 | 87,845 |
| Accumulated other comprehensive (loss) income | (1,092) | 382 |
| Unearned compensation - ESOP | (6,057) | (6,239) |
| Total stockholders' equity | 168,277 | 168,268 |
| Total liabilities and stockholders' equity | $1,515,014 | $1,418,153 |
| Book value per common share | $18.81 | $18.50 |
| Regulatory Capital Ratios (Everett Co-operative Bank) | ||
| Total capital to risk weighted assets | 14.67% | 16.58% |
| Tier 1 capital to risk weighted assets | 13.70% | 15.56% |
| Tier 1 capital to average assets | 10.03% | 10.47% |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.