NorthEast Community Bancorp, Inc.: insider trades · United States · SEC (Form 4)

About NorthEast Community Bancorp, Inc.

NorthEast Community Bancorp, Inc. is the publicly listed holding company of NorthEast Community Bank, a U.S. community bank traded on the Nasdaq under the ticker NECB and incorporated in the United States. The operating bank traces its roots back to 1934, while the current Maryland-incorporated holding company was created in May 2021 as the successor entity following the company’s second-step conversion to a stock holding company structure. From an equity-analysis perspective, NECB is best understood as a regional specialty lender rather than a broad-based national bank: its franchise is built around relationship banking, local market knowledge, and a concentrated lending strategy. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1847398/000110465925108218/R26.htm)) The bank’s core business is commercial and real estate lending. Management describes its principal loan production focus as construction loans, with additional exposure to commercial and industrial lending, multifamily and mixed-use residential real estate loans, and non-residential real estate loans. NECB also offers retail deposit products, uses borrowings and other funding sources, and generates smaller amounts of noninterest income from fees and services. This mix makes the institution economically sensitive to local property cycles, interest-rate movements, and the performance of its construction and multifamily pipelines. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1847398/000110465925108218/R26.htm)) Geographically, NECB remains concentrated in the U.S. Northeast. Its administrative headquarters is in White Plains, New York, and as of the latest SEC filings it operates eleven branch offices across New York and Massachusetts, plus three loan production offices in White Plains, New City, and Danvers. The New York footprint includes the Bronx and several suburban markets in Orange, Rockland, and Sullivan counties, while the Massachusetts presence spans Essex, Middlesex, and Norfolk counties. That footprint is small on a national scale, but it gives the bank a defensible niche in markets where local execution and borrower relationships matter more than national brand power. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1847398/000110465925108218/R26.htm)) Recent disclosures suggest the franchise is performing well operationally. In its third-quarter 2025 earnings release, the company reported continued strong loan demand, more than $645 million of unfunded commitments at September 30, 2025, and strong asset quality metrics, including no non-performing loans at quarter-end. Management also highlighted external recognition, including a #1 ranking among U.S. banks with less than $5 billion in assets in Bank Director Ranking Banks 2025. The broader takeaway is that NECB has been executing as a disciplined specialty lender with solid profitability, even though net interest margin has come under some pressure as the rate environment evolved in 2025. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1847398/000110465925102108/tm2529391d1_ex99-1.htm)) For investors in France, Belgium, or Switzerland, NECB offers a compact, niche exposure to U.S. regional banking with an emphasis on construction and multifamily lending. Its investment case is driven less by scale and more by underwriting discipline, local market expertise, and the bank’s ability to sustain attractive returns in its chosen geographies. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1847398/000110465925108218/R26.htm))