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NECB| Name | Value |
|---|---|
| Revenues | 40.0M |
| Cost of Revenue | 16.2M |
| Gross Profit | 23.8M |
| Operating Expense | 9.3M |
| Operating I/L | 14.5M |
| Other Income/Expense | 0.0M |
| Interest Income | 40.5M |
| Pretax | 14.5M |
| Income Tax Expense | 4.3M |
| Net Income/Loss | 10.2M |
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.
