Northeast Community Bancorp Q1 net income falls 5.8% to $10 million

• Northeast Community Bancorp posted net income of $10 million, down 5.8%.
• Net interest income edged down 0.5% to $24.1 million, while net interest margin narrowed 12 basis points to 4.99% on a 75 basis point drop in the federal funds rate from September 2025 to December 2025.
• Non-interest income fell 35.5% to $796,000, reflecting an unrealized loss of $121,000 on equity securities versus an unrealized gain a year earlier.
• Borrowings dropped 71.4% to $20 million as deposits rose 0.6% to $1.6 billion, with a shift out of certificates of deposit and into NOW/money market and non-interest-bearing balances.
• Loans, net of allowance for credit losses, slipped 1.7% to $1.8 billion, while credit loss expense was none.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northeast Community Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-057657), on May 08, 2026, and is solely responsible for the information contained therein.