Name | Value |
---|---|
Revenues | 16.0M |
Cost of Revenue | 0.3M |
Gross Profit | 15.7M |
Operating Expense | 1.6M |
Operating I/L | 1.0M |
Other Income/Expense | -0.6M |
Interest Income | 0.3M |
Pretax | 0.8M |
Income Tax Expense | 0.2M |
Net Income/Loss | 0.6M |
ECB Bancorp, Inc. operates as a holding company for Everett Co-operative Bank, offering a range of banking products and services. The company generates revenue through various deposit products, including certificates of deposit, IRAs, money market accounts, savings accounts, and checking accounts. It also provides residential and commercial real estate loans, construction and land loans, consumer loans, and home equity loans. Additionally, the company invests in securities such as U.S. government and federal agency obligations, mortgage-backed securities, and corporate bonds. With two full-service banking offices, ECB Bancorp, Inc. focuses on lending and investment activities to drive its financial performance.