NorthEast Community Bancorp, Inc./MD/ Income Statement

Income Statement Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 0.81M3.61M0.44M1.52M1.08M
Revenue 41.51M45.66M65.56M100.93M105.58M
Interest income
Interest income - Loans 48.20M47.90M69.99M127.49M153.90M
Interest Income - Debt Securities 6.08M6.49M8.35M9.77M10.65M
Interest Income - Deposits 0.36M0.12M1.26M4.14M5.20M
Interest Income - Total 48.98M48.40M72.00M132.49M160.01M
Interest expenses
Interest Expense - Deposits 9.25M4.36M7.54M34.18M55.62M
Interest Expense - Debt 0.69M0.71M0.55M1.08M1.56M
Interest Expenses 9.98M5.10M8.13M35.30M57.22M
Interest Income - Net 39.00M43.30M63.88M97.19M102.79M
Non-interest income
Interest Income - Total 38.19M39.69M63.44M96.22M102.05M
Investment Banking Income 391.00M0.16M
Other Non-Interest Income 0.61M3.62M0.60M2.54M2.93M
Non-Interest Income 2.51M2.35M1.68M3.74M2.78M
Operating Items
Depreciation & Amortization - Total 0.92M0.99M1.11M1.05M0.89M
Research & Development 1.77M1.65M1.89M2.21M2.60M
Wages, Salaries and Other 13.81M15.00M15.55M18.84M20.94M
Rent Expense 1.93M2.12M2.43M2.60M2.83M
Other Operating Expenses 20.47M21.71M25.27M-0.14M32.74M
Operating Expenses 25.09M26.47M30.69M35.22M39.06M
Operating Income 3.28M3.27M7.23M13.60M13.81M
EBIT 3.28M3.27M7.23M13.60M13.81M
Net income details
EBT 15.61M15.57M34.43M64.74M65.77M
Tax Provisions 3.31M3.67M10.89M18.83M19.17M
Profit After Tax 12.33M11.90M24.84M46.28M47.07M
Equity Income 0.29M-0.39M-1.90M0.29M-0.11M
Income from Continuing Operations 12.30M11.90M23.54M45.91M46.61M
Consolidated Net Income 12.30M11.90M23.54M45.91M46.61M
Income towards Parent Company 12.30M11.90M23.54M45.91M46.61M
Net Income towards Common Stockholders 12.30M11.90M23.54M45.91M46.61M
Additional items
EPS (Basic) 0.760.751.613.323.58
EPS (Weighted Average and Diluted) 0.760.751.583.323.52
Shares Outstanding (Weighted Average) 12.22M16.38M16.12M14.20M14.02M
Tax Rate 21.24%23.56%31.64%29.09%29.14%