Northeast Community Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
Northeast Community Bancorp has total assets of $1.9B and total equity of $288.9M. Total deposits are $1.5B, and total loans are $1.6B. It earns a Net Interest Margin of 6.4%. It has sufficient allowance for bad loans, which are currently at 0.3% of total loans. Cash and short-term investments are $107.5M.
Key information
6.5x
Asset to equity ratio
6.4%
Net interest margin
| Total deposits | US$1.51b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.3% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$107.55m |
Recent financial health updates
No updates
Recent updates
Northeast Community Bancorp (NASDAQ:NECB) Will Pay A Larger Dividend Than Last Year At $0.10
Mar 26
Northeast Community Bancorp (NASDAQ:NECB) Is Paying Out A Dividend Of $0.06
Dec 26With EPS Growth And More, Northeast Community Bancorp (NASDAQ:NECB) Makes An Interesting Case
Nov 04Northeast Community Bancorp (NASDAQ:NECB) Will Pay A Dividend Of $0.06
Jun 27Northeast Community Bancorp (NASDAQ:NECB) Has Announced A Dividend Of $0.06
Apr 01This Analyst Just Wrote A Brand New Outlook For Northeast Community Bancorp, Inc.'s (NASDAQ:NECB) Business
Feb 15Northeast Community Bancorp (NASDAQ:NECB) Will Pay A Dividend Of $0.06
Dec 20Northeast Community Bancorp (NASDAQ:NECB) Has Announced A Dividend Of $0.06
Oct 04Northeast Community Bancorp declares $0.06 dividend
Sep 29Northeast Community Bancorp GAAP EPS of $0.35 beats by $0.07, revenue of $14.08M beats by $0.44M
Jul 22Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: NECB's Assets to Equity ratio (6.5x) is low.
Allowance for Bad Loans: NECB has a sufficient allowance for bad loans (112%).
Low Risk Liabilities: 96% of NECB's liabilities are made up of primarily low risk sources of funding.
Loan Level: NECB has an appropriate level of Loans to Assets ratio (88%).
Low Risk Deposits: NECB's Loans to Deposits ratio (109%) is appropriate.
Level of Bad Loans: NECB has an appropriate level of bad loans (0.3%).