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

• NorthEast Community Bancorp first-quarter net income slipped 6% to $10 million, with diluted EPS down to $0.74.
• Net interest income edged down 0.5% to $24.13 million as net interest margin narrowed 12 basis points to 4.99%.
• Non-interest income fell 35.5% to $796,000 on an unrealized loss of $121,000 on equity securities.
• Construction loan commitments and loans-in-process outstanding climbed 37.8% versus first quarter 2025, with total unfunded loan commitments topping $819 million.
• CEO Kenneth A. Martinek cited continued strong performance across the loan portfolio, with ongoing focus on construction lending in the Bronx, Rockland, Orange, and Sullivan counties.

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 GlobeNewswire (Ref. ID: 202604291400PRIMZONEFULLFEED9709678) on April 29, 2026, and is solely responsible for the information contained therein.