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Net income eases at NorthEast Community Bancorp (NASDAQ: NECB) in Q1 2026
NorthEast Community Bancorp reported Q1 2026 net income of $10.0 million, a slight decrease from $10.6 million in the prior year, primarily due to a narrowed net interest margin. Despite the dip in profit, the company maintained very strong asset quality with no non-performing assets and a robust capital position. Construction lending continues to be a major focus, showing significant growth in commitments and loans-in-process.