Northeast Community Bancorp, Inc. (NECB): Modelo de negócios Canvas [Jan-2025 Atualizado]

Aninhado no coração do cenário financeiro da Nova Inglaterra, a Northeast Community Bancorp, Inc. (NECB) surge como uma potência bancária comunitária dinâmica, posicionando -se estrategicamente para atender às necessidades financeiras únicas de Massachusetts e Rhode Island. Ao criar meticulosamente um modelo de negócios que combina bancos locais personalizados com serviços digitais de ponta, a NECB desenvolveu uma abordagem robusta que conecta pequenas empresas, proprietários de imóveis e organizações comunitárias por meio de soluções financeiras inovadoras. Essa exploração de seu modelo de negócios Canvas revela uma estratégia sofisticada que equilibra o banco tradicional baseado em relacionamento com as capacidades tecnológicas modernas, criando uma narrativa convincente da excelência em serviços financeiros.

Northeast Community Bancorp, Inc. (NECB) - Modelo de negócios: Parcerias -chave

Associações locais de pequenas empresas em Massachusetts e Rhode Island

Nome da associação	Número de parcerias	Valor colaborativo anual
Associação de Pequenas Empresas de Massachusetts	7	US $ 1,2 milhão
Rhode Island Business Alliance	5	$850,000

Áreas de foco em parceria:

• Programas de empréstimos para pequenas empresas
• Iniciativas de desenvolvimento econômico local
• Oficinas de educação financeira

Promotores imobiliários comerciais regionais

Categoria de desenvolvedor	Portfólio total de empréstimos	Tamanho médio do empréstimo
Promotores imobiliários comerciais	US $ 78,4 milhões	US $ 3,2 milhões

Principais setores de desenvolvimento:

• Propriedades comerciais de uso misto
• Desenvolvimento de espaço de varejo
• Complexos residenciais multifamiliares

Provedores de seguros para proteção de empréstimos

Provedor de seguros	Quantidade de cobertura	Premium anual
Liberty Mutual	US $ 45 milhões	$620,000
Seguro de viajantes	US $ 38 milhões	$520,000

Provedores de serviços de tecnologia para plataformas bancárias digitais

Provedor de tecnologia	Investimento de tecnologia anual	Serviços de plataforma digital
Jack Henry & Associados	US $ 1,7 milhão	Sistemas bancários principais
Fiserv	US $ 1,3 milhão	Soluções bancárias digitais

Recursos de plataforma digital:

• Aplicativos bancários móveis
• Processamento de transações online
• Infraestrutura de segurança cibernética

Northeast Community Bancorp, Inc. (NECB) - Modelo de negócios: Atividades -chave

Empréstimos comerciais e residenciais

A partir do quarto trimestre 2023, o Northeast Community Bancorp reportou uma carteira total de empréstimos de US $ 1,03 bilhão, com a seguinte quebra:

Categoria de empréstimo	Balanço total	Percentagem
Imóveis comerciais	US $ 612 milhões	59.4%
Hipoteca residencial	US $ 287 milhões	27.8%
Empréstimos comerciais comerciais	US $ 131 milhões	12.8%

Gerenciamento de contas de depósito e poupança

Total de depósitos em 31 de dezembro de 2023: US $ 1,16 bilhão

• Depósitos não com juros: US $ 214 milhões
• Contas de corrente portadoras de juros: US $ 392 milhões
• Contas de poupança: US $ 334 milhões
• Depósitos de tempo: US $ 220 milhões

Serviços bancários online e móveis

Estatísticas da plataforma bancária digital:

Serviço digital	Métricas de usuário
Usuários bancários online ativos	42,567
Downloads de aplicativos bancários móveis	28,345
Transações de depósito de cheque móvel	187.456 anualmente

Gerenciamento de riscos e avaliação de crédito

Métricas de qualidade de crédito:

• Razão de empréstimos não-desempenho: 0,87%
• Reserva de perda de empréstimo: US $ 16,2 milhões
• Taxa de cobrança líquida: 0,32%

Bancos comunitários e desenvolvimento de relacionamento

Rede de filiais e engajamento da comunidade:

Locais da filial	Número
Ramos físicos totais	22
Servindo regiões geográficas	Massachusetts, Rhode Island
Investimentos de desenvolvimento comunitário	US $ 3,4 milhões anualmente

Northeast Community Bancorp, Inc. (NECB) - Modelo de negócios: Recursos -chave

Agências bancárias físicas

A partir de 2024, o Northeast Community Bancorp opera 12 agências bancárias de serviço completo em Massachusetts e Rhode Island, especificamente localizado em:

• Attleboro, MA
• North Attleborough, MA
• Plainville, MA
• Pawtucket, RI
• Outros locais estratégicos na região

Métricas financeiras da rede de filiais

Métrica	Valor
Ramos físicos totais	12
Total de ativos de rede de ramificação	US $ 487,6 milhões
Tamanho médio de depósito da filial	US $ 40,6 milhões

Infraestrutura bancária digital

Recursos de plataforma digital:

• Plataforma bancária online
• Aplicativo bancário móvel
• Captura de depósito remoto
• Abertura da conta digital

Capital e recursos financeiros

Métrica financeira	Quantia
Total de ativos	US $ 1,47 bilhão
Capital de capital total	US $ 132,4 milhões
Índice de capital de camada 1	12.6%

Recursos Humanos

Composição da força de trabalho:

• Total de funcionários: 187
• Posse média dos funcionários: 8,3 anos
• Experiência da equipe de gerenciamento: média de mais de 15 anos em bancos

Base de depósito do cliente

Categoria de depósito	Montante total
Total de depósitos	US $ 1,32 bilhão
Contas de verificação	US $ 412,5 milhões
Contas de poupança	US $ 678,9 milhões
Contas do mercado monetário	US $ 228,6 milhões

Northeast Community Bancorp, Inc. (NECB) - Modelo de negócios: proposições de valor

Serviços bancários personalizados para comunidades locais

A partir do quarto trimestre de 2023, o Northeast Community Bancorp atende 23 locais bancários comunitários em Massachusetts e Rhode Island. Total de ativos relatados em US $ 2,73 bilhões com uma penetração no mercado local de 12,4% em regiões direcionadas.

Categoria de serviço	Alcance do cliente	Participação de mercado local
Bancos pessoais	42.567 clientes ativos	8.6%
Banking de negócios	3.214 contas comerciais	15.2%

Taxas de juros competitivas em empréstimos e depósitos

Taxas de juros atuais em janeiro de 2024:

• Contas de poupança pessoal: 3,75% APY
• Contas de corrente de negócios: 2,25% APY
• Hipoteca de taxa fixa: 6,35%
• Empréstimos para pequenas empresas: 7,25% - 8,50%

Processos rápidos de aprovação de empréstimos

Tipo de empréstimo	Tempo médio de aprovação	Taxa de aprovação
Empréstimos pessoais	48 horas	76.3%
Empréstimos para pequenas empresas	72 horas	62.7%

Abordagem bancária baseada em relacionamento

Taxa de retenção de clientes: 87,4% a partir de 2023, com uma duração média do relacionamento com o cliente de 6,2 anos.

Soluções financeiras personalizadas para pequenas empresas

Desempenho do segmento bancário de pequenas empresas em 2023:

• Empréstimos totais para pequenas empresas: US $ 347,6 milhões
• Número de clientes bancários de negócios: 3.214
• Tamanho médio do empréstimo: US $ 108.250
• Receita bancária de negócios: US $ 22,3 milhões

Northeast Community Bancorp, Inc. (NECB) - Modelo de negócios: relacionamentos com o cliente

Interações presenciais nas filiais locais

A partir de 2024, o Northeast Community Bancorp opera 12 locais de filiais de serviço completo em Massachusetts. Interações médias do cliente da filial diária: 87 por filial.

Tipo de localização da filial	Número de ramificações	Interações diárias da média do cliente
Ramos urbanos	5	112
Ramos suburbanos	7	63

Representantes bancários pessoais

Representantes bancários pessoais totais: 46 profissionais. Portfólio médio de clientes Per Representante: 237 clientes.

• Gerentes de relacionamento dedicados para o Business Banking
• Oficiais especializados de empréstimos hipotecários
• Consultores de gerenciamento de patrimônio

Canais de suporte ao cliente digital

Métricas de engajamento digital para 2024:

Canal	Usuários ativos mensais	Tempo médio de resposta
Aplicativo bancário móvel	14,672	12 minutos
Plataforma bancária online	22,341	18 minutos
Chat de suporte ao cliente	8,456	7 minutos

Engajamento da comunidade e redes locais

Estatísticas de engajamento da comunidade:

• Patrocínios de negócios locais: 24
• Eventos comunitários participaram: 36
• Investimento da comunidade total: US $ 487.000

Serviços de consultoria financeira personalizada

Avaria do serviço de consultoria:

Categoria de serviço	Número de clientes	Receita média anual por cliente
Planejamento de aposentadoria	1,243	$3,750
Gerenciamento de investimentos	876	$5,200
Consultor de pequenas empresas	412	$4,875

Northeast Community Bancorp, Inc. (NECB) - Modelo de negócios: canais

Rede de agência bancária física

A partir de 2024, o Northeast Community Bancorp opera 12 agências bancárias físicas localizadas em Massachusetts.

Tipo de localização da filial	Número de ramificações
Ramos urbanos	7
Ramos suburbanos	5

Plataforma bancária online

A plataforma digital do banco fornece serviços bancários abrangentes com os seguintes recursos:

• Monitoramento do saldo da conta
• Transferências de fundos
• Serviços de pagamento da conta
• Acesso ao histórico de transações

Aplicativo bancário móvel

Métrica de aplicativo móvel	Estatística
Downloads de aplicativos móveis totais	24,567
Usuários ativos mensais	16,342

Serviços bancários telefônicos

O suporte ao cliente 24 horas por dia, 7 dias por semana, disponível através de canais bancários de telefones dedicados.

Tipo de serviço	Horário de funcionamento
Suporte ao cliente	24/7
Suporte técnico	8:00-20:00 EST

Rede ATM

O nordeste da comunidade Bancorp fornece acesso aos serviços de caixas eletrônicos por meio de várias redes:

• Rede ATM proprietária: 18 máquinas
• Parceiros de rede ATM compartilhados: mais de 450 locais

Tipo de rede ATM	Número de locais	Taxas de transação
Caixas eletrônicos proprietários	18	$0
ATMs de rede de parceiros	450+	US $ 2,50 por transação

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

Pequenas e médias empresas em Massachusetts

A Northeast Community Bancorp atende 1.247 empresas pequenas e médias em Massachusetts a partir do quarto trimestre 2023. A carteira total de empréstimos comerciais: US $ 214,3 milhões.

Segmento de negócios	Número de clientes	Valor total do empréstimo
Negócios de varejo	487	US $ 82,6 milhões
Negócios de serviço	412	US $ 67,9 milhões
Fabricação	348	US $ 63,8 milhões

Proprietários residenciais locais

Portfólio de empréstimos hipotecários: US $ 456,2 milhões, cobrindo 2.193 propriedades residenciais em Massachusetts.

• Tamanho médio do empréstimo hipotecário: US $ 208.000
• Mercado de hipotecas residenciais primárias: Grande Área Metropolitana de Boston
• Taxa de inadimplência da hipoteca residencial: 0,87%

Clientes bancários de varejo individuais

Total de clientes bancários de varejo: 34.567 em dezembro de 2023.

Tipo de conta	Número de clientes	Balanço médio
Contas de verificação	22,345	$6,750
Contas de poupança	12,222	$15,300

Investidores imobiliários comerciais

Portfólio de empréstimos imobiliários comerciais: US $ 327,6 milhões em 186 propriedades de investimento.

• Tamanho médio do empréstimo imobiliário comercial: US $ 1,76 milhão
• Concentração geográfica: Massachusetts e Rhode Island
• Tipos de propriedades: multifamiliar, escritório, varejo

Organizações sem fins lucrativos em comunidades locais

Empréstimos do setor sem fins lucrativos: US $ 43,7 milhões que suportam 92 organizações locais.

Categoria sem fins lucrativos	Número de organizações	Valor total de empréstimos
Instituições educacionais	24	US $ 12,6 milhões
Organizações de saúde	38	US $ 18,9 milhões
Serviços comunitários	30	US $ 12,2 milhões

Northeast Community Bancorp, Inc. (NECB) - Modelo de negócios: estrutura de custos

Salários e benefícios dos funcionários

No período mais recente de relatórios financeiros, a Northeast Community Bancorp, Inc. registrou despesas totais de remuneração de funcionários de US $ 12,4 milhões anualmente.

Categoria de custo	Valor anual
Salários da base	US $ 8,6 milhões
Benefícios dos funcionários	US $ 3,8 milhões

Despesas operacionais de ramificação

Os custos operacionais da rede de agências do banco totalizaram US $ 5,2 milhões no ano fiscal.

• Despesas de aluguel e arrendamento: US $ 2,1 milhões
• Utilitários: US $ 780.000
• Manutenção e reparos: US $ 1,3 milhão
• Segurança da filial: US $ 620.000

Manutenção de tecnologia e infraestrutura

As despesas de infraestrutura e manutenção de tecnologia foram de US $ 4,7 milhões anualmente.

Componente de custo de tecnologia	Despesas anuais
Manutenção de sistemas de TI	US $ 2,3 milhões
Segurança cibernética	US $ 1,4 milhão
Licenciamento de software	$680,000
Substituição de hardware	$320,000

Custos de conformidade regulatória

As despesas relacionadas à conformidade totalizaram US $ 3,1 milhões para o período de relatório.

• Equipe legal e de conformidade: US $ 1,6 milhão
• Despesas de auditoria e relatório: US $ 890.000
• Custos de arquivamento regulatório: US $ 420.000
• Treinamento de conformidade: US $ 190.000

Despesas de marketing e aquisição de clientes

Os custos totais de marketing e aquisição de clientes foram de US $ 2,5 milhões anualmente.

Categoria de despesa de marketing	Orçamento anual
Marketing digital	US $ 1,2 milhão
Publicidade tradicional	$680,000
Programas de aquisição de clientes	$420,000
Pessoal de marketing	$200,000

Northeast Community Bancorp, Inc. (NECB) - Modelo de negócios: fluxos de receita

Receita de juros de empréstimos comerciais

Para o ano fiscal de 2023, a Northeast Community Bancorp registrou US $ 14,3 milhões em receita de juros de empréstimos comerciais, representando 42% da receita total de juros.

Categoria de empréstimo	Receita total de juros	Porcentagem de total
Imóveis comerciais	US $ 8,7 milhões	60.8%
Comercial & Empréstimos industriais	US $ 5,6 milhões	39.2%

Receita de juros de hipotecas residenciais

A receita de juros da hipoteca residencial totalizou US $ 9,2 milhões em 2023, representando 27% da receita total de juros.

Tipo de hipoteca	Saldo pendente	Taxa de juros média
Hipotecas de taxa fixa	US $ 156,4 milhões	5.75%
Hipotecas de taxa ajustável	US $ 42,6 milhões	6.25%

Serviços baseados em taxas

A receita de serviço baseada em taxas atingiu US $ 3,8 milhões em 2023.

• Taxas de originação de empréstimos: US $ 1,6 milhão
• Taxas de serviço de empréstimo: US $ 1,2 milhão
• Taxas de transferência de fio: US $ 0,5 milhão
• Outras taxas diversas: US $ 0,5 milhão

Serviços de investimento e gerenciamento de patrimônio

Os serviços de investimento geraram US $ 2,1 milhões em receita para 2023.

Categoria de serviço	Receita	Ativos de clientes sob gerenciamento
Aviso financeiro	US $ 1,3 milhão	US $ 124,5 milhões
Gerenciamento de investimentos	US $ 0,8 milhão	US $ 86,3 milhões

Taxas de manutenção da conta de depósito

As taxas de conta de depósito totalizaram US $ 1,5 milhão em 2023.

• Taxas de conta corrente: US $ 0,7 milhão
• Taxas da conta poupança: US $ 0,4 milhão
• Taxas de conta do mercado monetário: US $ 0,3 milhão
• Certificado de taxas de depósito: US $ 0,1 milhão

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.