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NECB| Name | Value |
|---|---|
| Revenues | 41.0M |
| Cost of Revenue | 0.0M |
| Gross Profit | 41.0M |
| Operating Expense | 3.3M |
| Operating I/L | 17.7M |
| Other Income/Expense | -2.6M |
| Interest Income | 40.2M |
| Pretax | 17.7M |
| Income Tax Expense | 4.9M |
| Net Income/Loss | 12.8M |
Northeast Community Bancorp, Inc. operates as the holding company for NorthEast Community Bank, offering a range of financial services for individuals and businesses. The company generates revenue through various deposit instruments, including checking accounts, money market accounts, regular savings accounts, and non-interest bearing demand accounts. It also provides a variety of loans, such as construction, commercial and industrial, multifamily and mixed-use real estate, non-residential real estate loans, and consumer loans. Additionally, the company invests in liquid assets, offers investment advisory and financial planning services, and sells life insurance products and fixed-rate annuities.
