Northeast Community Bancorp, Inc. (NECB): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

Ubicado en el corazón del paisaje financiero de Nueva Inglaterra, Northeast Community Bancorp, Inc. (NECB) surge como una potencia de banca comunitaria dinámica, posicionándose estratégicamente para satisfacer las necesidades financieras únicas de Massachusetts y Rhode Island. Al crear meticulosamente un modelo de negocio que combina la banca local personalizada con servicios digitales de vanguardia, NECB ha desarrollado un enfoque robusto que conecta a pequeñas empresas, propietarios y organizaciones comunitarias a través de soluciones financieras innovadoras. Esta exploración de su lienzo de modelo de negocio revela una estrategia sofisticada que equilibra la banca tradicional basada en relaciones con capacidades tecnológicas modernas, creando una narrativa convincente de excelencia en el servicio financiero.

Northeast Community Bancorp, Inc. (NECB) - Modelo de negocios: asociaciones clave

Asociaciones locales de pequeñas empresas en Massachusetts y Rhode Island

Nombre de la asociación	Número de asociaciones	Valor colaborativo anual
Asociación de pequeñas empresas de Massachusetts	7	$ 1.2 millones
Rhode Island Business Alliance	5	$850,000

Áreas de enfoque de asociación:

• Programas de préstamos para pequeñas empresas
• Iniciativas de desarrollo económico local
• Talleres de educación financiera

Desarrolladores de bienes raíces comerciales regionales

Categoría de desarrollador	Cartera de préstamos totales	Tamaño promedio del préstamo
Desarrolladores de bienes raíces comerciales	$ 78.4 millones	$ 3.2 millones

Sectores de desarrollo clave:

• Propiedades comerciales de uso mixto
• Desarrollo del espacio minorista
• Complejos residenciales multifamiliares

Proveedores de seguros para protección de préstamos

Proveedor de seguros	Cantidad de cobertura	Prima anual
Libertad Mutual	$ 45 millones	$620,000
Seguro de viajero	$ 38 millones	$520,000

Proveedores de servicios de tecnología para plataformas de banca digital

Proveedor de tecnología	Inversión tecnológica anual	Servicios de plataforma digital
Jack Henry & Asociado	$ 1.7 millones	Sistemas bancarios centrales
Fiserv	$ 1.3 millones	Soluciones de banca digital

Capacidades de la plataforma digital:

• Aplicaciones de banca móvil
• Procesamiento de transacciones en línea
• Infraestructura de ciberseguridad

Northeast Community Bancorp, Inc. (NECB) - Modelo de negocio: actividades clave

Préstamos comerciales y residenciales

A partir del cuarto trimestre de 2023, Northeast Community Bancorp informó una cartera de préstamos totales de $ 1.03 mil millones, con el siguiente desglose:

Categoría de préstamo	Saldo total	Porcentaje
Inmobiliario comercial	$ 612 millones	59.4%
Hipoteca residencial	$ 287 millones	27.8%
Préstamos comerciales comerciales	$ 131 millones	12.8%

Gestión de cuentas de depósito y ahorro

Depósitos totales al 31 de diciembre de 2023: $ 1.16 mil millones

• Depósitos no por intereses: $ 214 millones
• Cuentas corrientes de intereses: $ 392 millones
• Cuentas de ahorro: $ 334 millones
• Depósitos de tiempo: $ 220 millones

Servicios de banca en línea y móvil

Estadísticas de la plataforma de banca digital:

Servicio digital	Métricas de usuario
Usuarios bancarios en línea activos	42,567
Descargas de aplicaciones de banca móvil	28,345
Transacciones de depósito de cheques móviles	187,456 anualmente

Gestión de riesgos y evaluación de crédito

Métricas de calidad crediticia:

• Relación de préstamos sin rendimiento: 0.87%
• Reserva de pérdida de préstamos: $ 16.2 millones
• Tasa de carga neta: 0.32%

Desarrollo de la banca y la relación

Red de sucursal y compromiso comunitario:

Ubicaciones de ramas	Número
Ramas físicas totales	22
Servir regiones geográficas	Massachusetts, Rhode Island
Inversiones de desarrollo comunitario	$ 3.4 millones anuales

Northeast Community Bancorp, Inc. (NECB) - Modelo de negocio: recursos clave

Sucursales bancarias físicas

A partir de 2024, Northeast Community Bancorp opera 12 sucursales bancarias de servicio completo a través de Massachusetts y Rhode Island, específicamente ubicado en:

• Attleboro, MA
• North Attleborough, MA
• Plainville, MA
• Pawtucket, RI
• Otras ubicaciones estratégicas en la región

Métricas financieras de la red de sucursales

Métrico	Valor
Ramas físicas totales	12
Activos de red de sucursales totales	$ 487.6 millones
Tamaño promedio de depósito de la sucursal	$ 40.6 millones

Infraestructura bancaria digital

Capacidades de la plataforma digital:

• Plataforma bancaria en línea
• Aplicación de banca móvil
• Captura de depósito remoto
• Apertura de cuenta digital

Recursos de capital y financieros

Métrica financiera	Cantidad
Activos totales	$ 1.47 mil millones
Capital de capital total	$ 132.4 millones
Relación de capital de nivel 1	12.6%

Recursos humanos

Composición de la fuerza laboral:

• Total de empleados: 187
• Promedio de la tenencia del empleado: 8.3 años
• Experiencia del equipo de gestión: promedio de más de 15 años en la banca

Base de depósito de clientes

Categoría de depósito	Cantidad total
Depósitos totales	$ 1.32 mil millones
Cuentas corrientes	$ 412.5 millones
Cuentas de ahorro	$ 678.9 millones
Cuentas del mercado monetario	$ 228.6 millones

Northeast Community Bancorp, Inc. (NECB) - Modelo de negocio: propuestas de valor

Servicios bancarios personalizados para comunidades locales

A partir del cuarto trimestre de 2023, Northeast Community Bancorp sirve 23 lugares de banca comunitaria en Massachusetts y Rhode Island. Los activos totales informaron en $ 2.73 mil millones con una penetración del mercado local del 12.4% en regiones específicas.

Categoría de servicio	Alcance del cliente	Cuota de mercado local
Banca personal	42,567 clientes activos	8.6%
Banca de negocios	3.214 cuentas comerciales	15.2%

Tasas de interés competitivas sobre préstamos y depósitos

Tasas de interés actuales a enero de 2024:

• Cuentas de ahorro personal: 3.75% APY
• Cuentas corrientes de negocios: 2.25% APY
• Hipoteca de tasa fija: 6.35%
• Préstamos para pequeñas empresas: 7.25% - 8.50%

Procesos de aprobación de préstamos rápidos

Tipo de préstamo	Tiempo de aprobación promedio	Tasa de aprobación
Préstamos personales	48 horas	76.3%
Préstamos para pequeñas empresas	72 horas	62.7%

Enfoque bancario basado en relaciones

Tasa de retención del cliente: 87.4% a partir de 2023, con una duración promedio de la relación con el cliente de 6.2 años.

Soluciones financieras personalizadas para pequeñas empresas

Rendimiento del segmento bancario de pequeñas empresas en 2023:

• Préstamos totales de pequeñas empresas: $ 347.6 millones
• Número de clientes de banca comercial: 3,214
• Tamaño promedio del préstamo: $ 108,250
• Ingresos bancarios de negocios: $ 22.3 millones

Northeast Community Bancorp, Inc. (NECB) - Modelo de negocios: relaciones con los clientes

Interacciones cara a cara en ramas locales

A partir de 2024, Northeast Community Bancorp opera 12 ubicaciones de sucursales de servicio completo en Massachusetts. Interacciones del cliente promedio de la rama diaria: 87 por rama.

Tipo de ubicación de rama	Número de ramas	Interacciones diarias promedio de clientes
Ramas urbanas	5	112
Ramas suburbanas	7	63

Representantes bancarios personales

Representantes de banca personal total: 46 profesionales. Portafolio de clientes promedio por representante: 237 clientes.

• Gerentes de relaciones dedicadas para la banca comercial
• Oficiales de préstamos hipotecarios especializados
• Consultores de gestión de patrimonio

Canales de atención al cliente digital

Métricas de compromiso digital para 2024:

Canal	Usuarios activos mensuales	Tiempo de respuesta promedio
Aplicación de banca móvil	14,672	12 minutos
Plataforma bancaria en línea	22,341	18 minutos
Chat de atención al cliente	8,456	7 minutos

Compromiso comunitario y redes locales

Estadísticas de participación de la comunidad:

• Patrocinios comerciales locales: 24
• Los eventos comunitarios participaron: 36
• Inversión comunitaria total: $ 487,000

Servicios de asesoramiento financiero personalizados

Desglose del servicio de asesoramiento:

Categoría de servicio	Número de clientes	Ingresos anuales promedio por cliente
Planificación de jubilación	1,243	$3,750
Gestión de inversiones	876	$5,200
Aviso de pequeñas empresas	412	$4,875

Northeast Community Bancorp, Inc. (NECB) - Modelo de negocios: canales

Red de sucursales bancarias físicas

A partir de 2024, Northeast Community Bancorp opera 12 sucursales bancarias físicas ubicadas en Massachusetts.

Tipo de ubicación de rama	Número de ramas
Ramas urbanas	7
Ramas suburbanas	5

Plataforma bancaria en línea

La plataforma digital del banco proporciona servicios bancarios integrales con las siguientes características:

• Monitoreo del saldo de la cuenta
• Transferencias de fondos
• Servicios de pago de facturas
• Acceso al historial de transacciones

Aplicación de banca móvil

Módulo de aplicación móvil	Estadística
Descargas totales de aplicaciones móviles	24,567
Usuarios activos mensuales	16,342

Servicios de banca telefónica

Atención al cliente 24/7 disponible a través de canales de banca telefónica dedicados.

Tipo de servicio	Horas de funcionamiento
Soporte al cliente	24/7
Apoyo técnico	8 am-8pm EST

Red de cajeros automáticos

Northeast Community Bancorp proporciona acceso a los servicios de cajeros automáticos a través de múltiples redes:

• Red de cajero automático de propiedad: 18 máquinas
• Socios de red de cajeros automáticos compartidos: más de 450 ubicaciones

Tipo de red ATM	Número de ubicaciones	Tarifas de transacción
Cajeros automáticos	18	$0
ATM de red de socios	450+	$ 2.50 por transacción

Northeast Community Bancorp, Inc. (NECB) - Modelo de negocios: segmentos de clientes

Empresas pequeñas a medianas en Massachusetts

Northeast Community Bancorp sirve a 1,247 empresas pequeñas a medianas en Massachusetts a partir del cuarto trimestre de 2023. Cartera total de préstamos comerciales: $ 214.3 millones.

Segmento de negocios	Número de clientes	Valor total del préstamo
Negocios minoristas	487	$ 82.6 millones
Empresas de servicios	412	$ 67.9 millones
Fabricación	348	$ 63.8 millones

Propietarios de viviendas residenciales locales

Portafolio de préstamos hipotecarios: $ 456.2 millones que cubren 2.193 propiedades residenciales en Massachusetts.

• Tamaño promedio del préstamo hipotecario: $ 208,000
• Mercado hipotecario residencial primario: Área metropolitana del Gran Boston
• Tasa de incumplimiento de la hipoteca residencial: 0.87%

Clientes de banca minorista individual

Total de clientes de banca minorista: 34,567 a diciembre de 2023.

Tipo de cuenta	Número de clientes	Saldo promedio
Cuentas corrientes	22,345	$6,750
Cuentas de ahorro	12,222	$15,300

Inversores inmobiliarios comerciales

Cartera de préstamos inmobiliarios comerciales: $ 327.6 millones en 186 propiedades de inversión.

• Tamaño promedio del préstamo inmobiliario comercial: $ 1.76 millones
• Concentración geográfica: Massachusetts y Rhode Island
• Tipos de propiedades: multifamiliar, oficina, minorista

Organizaciones sin fines de lucro en comunidades locales

Préstamo del sector sin fines de lucro: $ 43.7 millones que apoyan a 92 organizaciones locales.

Categoría sin fines de lucro	Número de organizaciones	Cantidad total de préstamos
Instituciones educativas	24	$ 12.6 millones
Organizaciones de atención médica	38	$ 18.9 millones
Servicios comunitarios	30	$ 12.2 millones

Northeast Community Bancorp, Inc. (NECB) - Modelo de negocio: Estructura de costos

Salarios y beneficios de los empleados

A partir del período de información financiera más reciente, Northeast Community Bancorp, Inc. informó gastos totales de compensación de empleados de $ 12.4 millones anuales.

Categoría de costos	Cantidad anual
Salarios base	$ 8.6 millones
Beneficios para empleados	$ 3.8 millones

Gastos operativos de rama

Los costos operativos de la red de sucursales del banco totalizaron $ 5.2 millones para el año fiscal.

• Gastos de alquiler y arrendamiento: $ 2.1 millones
• Utilidades: $ 780,000
• Mantenimiento y reparaciones: $ 1.3 millones
• Seguridad de la sucursal: $ 620,000

Mantenimiento de tecnología e infraestructura

La infraestructura tecnológica y los gastos de mantenimiento fueron de $ 4.7 millones anuales.

Componente de costos de tecnología	Gasto anual
Mantenimiento de sistemas de TI	$ 2.3 millones
Ciberseguridad	$ 1.4 millones
Licencia de software	$680,000
Reemplazo de hardware	$320,000

Costos de cumplimiento regulatorio

Los gastos relacionados con el cumplimiento ascendieron a $ 3.1 millones para el período de informe.

• Personal legal y de cumplimiento: $ 1.6 millones
• Gastos de auditoría e informes: $ 890,000
• Costos de presentación regulatoria: $ 420,000
• Capacitación de cumplimiento: $ 190,000

Gastos de marketing y adquisición de clientes

Los costos totales de marketing y adquisición de clientes fueron de $ 2.5 millones anuales.

Categoría de gastos de marketing	Presupuesto anual
Marketing digital	$ 1.2 millones
Publicidad tradicional	$680,000
Programas de adquisición de clientes	$420,000
Personal de marketing	$200,000

Northeast Community Bancorp, Inc. (NECB) - Modelo de negocios: flujos de ingresos

Ingresos por intereses de préstamos comerciales

Para el año fiscal 2023, Northeast Community Bancorp informó $ 14.3 millones en ingresos por intereses de préstamos comerciales, lo que representa el 42% de los ingresos por intereses totales.

Categoría de préstamo	Ingresos por intereses totales	Porcentaje de total
Inmobiliario comercial	$ 8.7 millones	60.8%
Comercial & Préstamos industriales	$ 5.6 millones	39.2%

Ingresos por intereses de hipotecas residenciales

Los ingresos por intereses de la hipoteca residencial totalizaron $ 9.2 millones en 2023, lo que representa el 27% de los ingresos por intereses totales.

Tipo de hipoteca	Saldo pendiente	Tasa de interés promedio
Hipotecas de tasa fija	$ 156.4 millones	5.75%
Hipotecas de tasa ajustable	$ 42.6 millones	6.25%

Servicios basados ​​en tarifas

Los ingresos por servicio basados ​​en tarifas alcanzaron los $ 3.8 millones en 2023.

• Tarifas de originación del préstamo: $ 1.6 millones
• Tarifas de servicio de préstamos: $ 1.2 millones
• Tasas de transferencia de cables: $ 0.5 millones
• Otras tarifas misceláneas: $ 0.5 millones

Servicios de inversión y gestión de patrimonio

Los servicios de inversión generaron $ 2.1 millones en ingresos para 2023.

Categoría de servicio	Ganancia	Activos del cliente bajo administración
Aviso financiero	$ 1.3 millones	$ 124.5 millones
Gestión de inversiones	$ 0.8 millones	$ 86.3 millones

Tarifas de mantenimiento de la cuenta de depósito

Las tarifas de la cuenta de depósito totalizaron $ 1.5 millones en 2023.

• Tarifas de la cuenta corriente: $ 0.7 millones
• Tarifas de la cuenta de ahorro: $ 0.4 millones
• Tarifas de la cuenta del mercado monetario: $ 0.3 millones
• Certificado de tarifas de depósito: $ 0.1 millones

Northeast Community Bancorp, Inc. (NECB) - Canvas Business Model: Value Propositions

You're looking at what Northeast Community Bancorp, Inc. (NECB) offers its customers to keep them choosing their services over competitors. It's all about specialized lending, speed, and a strong balance sheet.

Expertise in complex construction and cooperative building lending.

Northeast Community Bancorp, Inc. focuses its lending expertise heavily on real estate development in its core markets of New York and Massachusetts. This specialization is a key differentiator.

During the nine months ended September 30, 2025, the company originated loans totaling $714.3 million. This total was heavily weighted toward specific asset classes:

Loan Category	Origination Amount (Nine Months Ended 9/30/2025)
Construction Loans	$528.3 million
Multi-family Loans (including Co-op)	$107.8 million
Residential Cooperative Building Loans (subset of Multi-family)	$43.2 million
Commercial and Industrial Loans	$66.5 million

The construction loan portfolio, which made up a significant portion of originations, had 43.6% disbursed at loan closing, with the remainder tied to future construction milestones.

Quick loan approval processes, often within 48 to 72 hours for small business loans.

While the exact 48 to 72-hour timeframe for all small business loans isn't explicitly stated in the latest reports, Northeast Community Bancorp, Inc. emphasizes its commitment to speed and local decision-making, especially for its Small Business Administration (SBA) clients. The Bank is an approved SBA lender, and its commitment to the community is highlighted by making lending decisions 'right in the neighborhood.'

• Northeast Bank was one of the top SBA lenders, approving over 3,000 SBA 7(a) loans in Fiscal Year 2025.
• The bank secured a place in the top five SBA lenders based on combined loan amount and approval numbers for FY 2025.

Personalized, relationship-based service in local community markets.

Northeast Community Bancorp, Inc. operates as a community-oriented financial institution, providing personalized attention from experienced banking professionals in its local markets across New York and Massachusetts. This relationship focus is central to how they manage their specialized loan programs.

The bank's focus on local markets is evident in its strong loan pipeline, with outstanding unfunded commitments exceeding $645 million as of September 30, 2025, signaling active engagement with local development projects.

Stability and security as a well-capitalized institution.

The institution positions itself as highly secure, backed by strong capital levels and pristine asset quality metrics as of the third quarter of 2025. You can see the strength in the key capitalization and asset quality figures:

Metric	Value as of 9/30/2025
Total Assets	$2.06 billion
Total Stockholders' Equity	$344.0 million
Total Stockholders' Equity to Assets Ratio	16.73%
Tier 1 Leverage Capital Ratio	16.10%
Non-Performing Loans (NPLs)	Zero
Non-Performing Assets to Total Assets Ratio	0.03%

The bank also reported that its allowance for credit losses related to loans was steady at 0.25% of total loans as of September 30, 2025.

Competitive interest rates on both loans and retail deposit products.

Northeast Community Bancorp, Inc. aims to offer competitive rates on its retail deposit products, such as Certificates of Deposit (CDs) and Individual Retirement Accounts (IRAs). The overall profitability metric, the Net Interest Margin (NIM), reflects the current rate environment.

The NIM stabilized sequentially to 5.38% for the third quarter of 2025, though this was lower compared to the 5.68% reported year-over-year. The loan portfolio, which drives interest income, was composed of construction loans at approximately 74% of all loans.

Finance: draft 13-week cash view by Friday.

Northeast Community Bancorp, Inc. (NECB) - Canvas Business Model: Customer Relationships

The customer relationship strategy at Northeast Community Bancorp, Inc. (NECB) centers on deep, localized engagement, particularly within its core markets in New York and Massachusetts. This approach is heavily weighted toward personalized service for commercial and real estate clients, which is supported by the bank's structure and deposit base composition.

Dedicated loan officers are key to the commercial service model, focusing on complex lending like construction and multi-family projects. This high-touch service is evident in how loan originations, especially in the Massachusetts/Boston Metropolitan Area, are primarily sourced through personal contacts by loan officers and referrals from existing customers. This relationship-based model drives significant, sticky funding; as of a prior reporting period, 38% of Northeast Community Bancorp's deposits were non-interest bearing, a ratio attributed to these close commercial and builder relationships.

Face-to-face interaction remains a cornerstone, supported by a physical footprint that combines full-service branches and specialized loan production offices (LPOs). As of early 2025 filings, the network included full-service branches in locations such as Bronx, New York; Quincy, Massachusetts; and Monsey, New York, alongside LPOs in areas like Danvers, Massachusetts, and New City, New York. This physical presence supports the relationship-based model where new borrowers are often referred by existing customers.

To complement the personalized service, Northeast Community Bancorp, Inc. provides digital self-service options via mobile and online banking platforms to streamline everyday transactions for its customer base. The bank continues to report strong performance metrics, such as a Return on Average Total Assets ratio of 2.35% for the three months ended September 30, 2025, and a Return on Average Shareholders' Equity ratio of 13.84% for the same period, reflecting the effectiveness of its core business model, including customer management.

The focus is on long-term value creation, which is supported by the quality of the loan portfolio. For instance, as of June 30, 2025, outstanding unfunded commitments exceeded $636 million, indicating ongoing, deep relationships with borrowers expecting future funding. While the specific average customer relationship duration figure is not available in the latest reports, the emphasis on construction lending and cooperative building programs suggests a commitment to multi-year project lifecycles with clients.

Here are some quantitative aspects related to the relationship-driven operations and performance as of mid-to-late 2025 interim reports:

Metric	Value (As of Date)
Non-Interest Bearing Deposits Percentage	38% (Prior Period Context)
Return on Average Total Assets (ROA)	2.35% (Q3 2025)
Return on Average Shareholders' Equity (ROE)	13.84% (Q3 2025)
Outstanding Unfunded Loan Commitments	Over $636 million (June 30, 2025)
Allowance for Credit Losses to Total Loans	0.25% (September 30, 2025)

The service delivery channels include:

• Dedicated commercial loan officers for high-touch service.
• Face-to-face interaction at local branch locations.
• Digital self-service via mobile and online banking.
• Loan originations driven by existing customer referrals.

The bank's operational efficiency, with an efficiency ratio of 38.40% for the three months ended September 30, 2025, supports the ability to maintain this personalized service structure. Finance: review the impact of the 38% non-interest bearing deposit ratio on net interest margin projections for Q1 2026.

Northeast Community Bancorp, Inc. (NECB) - Canvas Business Model: Channels

You're looking at how Northeast Community Bancorp, Inc. (NECB) gets its value proposition-like specialized commercial real estate financing-out to its customers. It's a mix of old-school local presence and modern digital tools, which is typical for a community bank of this size.

The physical footprint is anchored by its brick-and-mortar locations. As of the last reported data from the December 31, 2024, 10-K filing, Northeast Community Bancorp, Inc. operates through a defined set of physical access points across its core markets in New York and Massachusetts. This physical network is key for relationship-based commercial lending.

The distribution of these physical touchpoints is detailed below. Remember, the bank holding company is headquartered in White Plains, New York.

Channel Type	Count (as of late 2024/early 2025 data)	Primary States
Full-Service Community Bank Branches	11	New York and Massachusetts
Dedicated Loan Production Offices (LPOs)	3	New York and Massachusetts

The three dedicated Loan Production Offices (LPOs) are specifically positioned to drive commercial lending origination, which is a major focus for Northeast Community Bancorp, Inc. These LPOs are located in White Plains, New York; New City, New York; and Danvers, Massachusetts.

For day-to-day transactions and broader reach, the digital channels are essential. Northeast Community Bancorp, Inc. supports its retail and business clients with platforms designed for convenience. This digital layer helps manage the bank's balance sheet, which stood at $2.1 billion in Total Assets as of September 30, 2025.

The digital service offerings include:

• Online banking platform access for account management.
• Mobile banking applications for on-the-go services.
• Integration with services like Zelle® for person-to-person payments.

To support immediate cash needs, there is an extensive ATM network. While the exact number of machines isn't explicitly stated in the latest reports, the presence of this network is a standard component for 24/7 transaction access across their service area. This supports the deposit base, which was reported at $1.5 billion at September 30, 2025.

The final channel involves the specialized, high-touch sales force. This direct sales team is critical for originating the bank's core loan products, particularly in commercial real estate and construction financing. This aligns with the fact that Net Loans stood at $1.9 billion as of September 30, 2025.

• Direct sales engagement for Commercial Real Estate Loans.
• Targeted outreach for Commercial Construction Financing.

This team works to deploy the bank's capital, which is focused on lending, as evidenced by the loan portfolio growth mentioned in their Q3 2025 reporting.

Northeast Community Bancorp, Inc. (NECB) - Canvas Business Model: Customer Segments

You're looking at where Northeast Community Bancorp, Inc. (NECB) places its lending focus, which is heavily weighted toward real estate development in specific Northeast corridors. Honestly, the numbers from their Q1 2025 originations tell a clear story about their priorities right now.

The primary lending activity is concentrated on real estate developers and investors, specifically targeting construction and multi-family properties. This focus is explicitly stated as a continuing strategy, especially in high demand-high absorption areas. For the three months ended March 31, 2025, loan originations totaled $170.1 million, with the bulk going to these segments.

The bank conducts business throughout the Northeastern United States, with eleven branch offices located in Bronx, New York, Orange, Rockland, and Sullivan Counties in New York, and Essex, Middlesex, and Norfolk Counties in Massachusetts. They also operate three loan production offices in New City, New York, White Plains, New York, and Danvers, Massachusetts. This defines the core market area for retail customers and local businesses.

Here's the quick math on the loan originations for the first quarter of 2025, which shows the current customer segment emphasis:

Customer Segment Focus (Loan Type)	Origination Amount (Three Months Ended March 31, 2025)	Percentage of Q1 2025 Originations
Real Estate Developers/Investors (Construction Loans)	$110.2 million	64.8%
Real Estate Developers/Investors (Multi-family Loans)	$49.1 million	28.9%
Local Small to Mid-sized Businesses (Commercial and Industrial Loans)	$10.1 million	5.9%
Real Estate Developers/Investors (Mixed-use Loans)	$730,000	0.4%

The total loan originations for the nine months ending September 30, 2025, reached $714.3 million, continuing the focus on construction loans.

For local small to mid-sized businesses, Northeast Community Bancorp, Inc. offers commercial and industrial loans, lines of credit, and term loans. The bank also services retail customers in its market area by accepting various deposits, including checking accounts, money market accounts, regular savings accounts, and certificates of deposit. As of September 30, 2025, total deposits stood at $1.5 billion.

The bank's lending territory is considered the New York State/New York City Metropolitan area and the Massachusetts/Boston Metropolitan area, with a limited number of loans in New Jersey, and a limited number of older loans in Connecticut.

The focus on high-demand, high-absorption real estate markets is a stated strategic priority, as noted by the CEO in early 2025.

• Geographic Footprint: New York (Bronx, Orange, Rockland, Sullivan Counties), Massachusetts (Essex, Middlesex, Norfolk Counties).
• Total Assets (as of September 30, 2025): $2.1 billion.
• Net Loans (as of September 30, 2025): $1.9 billion.
• Total Stockholders' Equity (as of March 31, 2025): $327.2 million.

The cooperative building associations in New York City boroughs fall under the general umbrella of multi-family or mixed-use real estate lending, which saw $49.1 million in originations in Q1 2025.

The market perception of this segment focus is reflected in the stock data as of November 7, 2025:

• Stock Price: $19.77.
• Market Capitalization: $267M.

Finance: draft Q4 2025 loan pipeline review by Wednesday.

Northeast Community Bancorp, Inc. (NECB) - Canvas Business Model: Cost Structure

The Cost Structure for Northeast Community Bancorp, Inc. (NECB) is heavily influenced by funding costs in the current rate environment, coupled with the operational overhead of maintaining its physical presence and investing in future capabilities.

Interest Expense on Deposits and Wholesale Borrowings

Interest expense is a primary cost driver. While the bank strategically shifted away from deposits, evidenced by a $155.0 million, or 9.3%, decrease in total deposits to $1.51 billion as of September 30, 2025, it increased borrowings to $170.0 million. This reliance on wholesale funding includes utilizing facilities like the Federal Reserve Bank of New York (FRBNY) financing, which was noted to be at an interest rate of 4.5%. The total interest expense for the three months ended September 30, 2025, was $13.3 million.

Here's a breakdown of interest expense components based on available semi-annual data:

Expense Component	Amount (Six Months Ended June 30, 2025)	Source of Funds
Total Interest Expense	$26.908 million	Deposits and Borrowings
Interest Expense on Deposits	$25.986 million	Deposits
Interest Expense on Borrowings	Approx. $0.922 million (Calculated)	Wholesale Borrowings

The cost of funds on interest-bearing liabilities decreased by 34 basis points to 3.97% for the six months ended June 30, 2025, compared to the prior year period.

Non-Interest Expenses, Including Salaries and Real Estate Costs

Non-interest expenses reflect the costs of running the organization outside of funding its balance sheet. The efficiency ratio for the three months ended September 30, 2025, stood at 38.40%, suggesting effective cost management relative to revenue. Salaries and employee benefits for the first six months of 2025 totaled $11.583 million. The report for Q3 2025 indicated increased non-interest expenses compared to the prior year period. Real estate costs, reflected in Premises and Equipment, increased to $25.5 million as of September 30, 2025, up from $24.8 million at the end of 2024, driven by purchases and the expansion of the Kiryas Joel branch office.

Operating Costs for the Eleven-Branch Physical Network

Northeast Community Bancorp, Inc. supports its business model through an extensive physical footprint. The bank conducts business through eleven branch offices located across New York (Bronx, Orange, Rockland, and Sullivan Counties) and Massachusetts (Essex, Middlesex, and Norfolk Counties). In addition to these branches, there are three loan production offices. The occupancy expense is a component of the overall non-interest expenses.

Provision for Credit Losses

The cost associated with potential loan defaults, the Provision for Credit Losses (PCL), remained low as of late 2025, reflecting strong asset quality. The allowance for credit losses related to loans was $5.1 million as of March 31, 2025. For the three months ended September 30, 2025, the company recorded no credit loss expense. The allowance for credit losses related to off-balance sheet commitments totaled $879,000 at September 30, 2025.

Technology and Digital Transformation Investment Costs

While specific investment dollar amounts for technology transformation in 2025 weren't explicitly detailed in the latest reports, the offering of services like mobile banking indicates ongoing investment in digital infrastructure to support customer needs. The company has stated intentions to expand its employee base and technology to support future growth.

The key cost elements are:

• Interest expense on wholesale borrowings at rates like the 4.5% FRBNY financing rate.
• Operating costs tied to the eleven branch offices in New York and Massachusetts.
• Salaries and employee benefits, which contributed to the $11.583 million expense in the first half of 2025.
• Premises and Equipment costs, totaling $25.5 million as of September 30, 2025.
• The allowance for credit losses balance of $5.1 million as of March 31, 2025.

Finance: draft 13-week cash view by Friday.

Northeast Community Bancorp, Inc. (NECB) - Canvas Business Model: Revenue Streams

You're looking at the core ways Northeast Community Bancorp, Inc. (NECB) brings in money as of late 2025. It's heavily weighted toward traditional banking activities, which is what you'd expect from a community-focused institution.

The primary engine remains the spread between what the bank earns on its assets and what it pays out on its liabilities. For the third quarter ending September 30, 2025, the Net Interest Income (NII) from the loan portfolio totaled $25.9 million. This was achieved even as the Net Interest Margin (NIM) compressed year-over-year to 5.38% in Q3 2025.

Total interest and dividend income, which covers the loan portfolio plus other earning assets, was $39.3 million for Q3 2025, while interest expense was $13.3 million for the same period. This income stream is supported by the bank's active lending, which saw significant origination volume in the first half of 2025.

The bank generates revenue from fees associated with its lending activities, including loan origination fees and servicing fees from commercial lending. While the prompt suggests an increase, the H1 2025 data shows a mixed picture for these specific fees; the increase in other loan fees and service charges was $48,000, which was partially offset by a $14,000 decrease in other loan fees and loan servicing fees for the six months ended June 30, 2025. The total loans originated for the first six months of 2025 reached $462.7 million.

Here's the breakdown of those originated loans for the first half of 2025:

Loan Category	Amount Originated (H1 2025)
Construction Loans	$338.8 million
Multi-family Loans (including $32.9 million in residential cooperative building loans)	$95.4 million
Commercial and Industrial Loans	$27.8 million
Mixed-Use Loans	$730,000

Revenue also comes from customer activity on their accounts. For the six months ended June 30, 2025, there was an increase of $2,000 in deposit account fees, alongside an increase of $60,000 in ATM/debit card/ACH fees. These are the deposit fees and service charges from retail and business accounts you asked about.

Interest income from investment securities and mortgage-backed securities contributes to the overall interest income figure. The bank confirmed that its revenues are derived primarily from interest on loans and, to a lesser extent, interest on investment securities and mortgage-backed securities. For Q3 2025, the total interest and dividend income was $39.3 million.

Finally, there is Non-interest income, which is driven by fees and securities gains. For the second quarter ending June 30, 2025, non-interest income saw a significant increase, driven by gains on equity securities and higher loan fees. However, looking at the third quarter, non-interest income was down year-over-year by -24.8%, primarily due to lower unrealized gains on equity securities, though this was partially offset by higher fees. You should definitely watch the volatility in securities gains here.

You'll want Finance to track the quarterly fee revenue components separately from the volatile securities gains for better forecasting.