Exhibit 99.1 NECB Earnings Press Release for 03/31/2024: NORTHEAST COMMUNITY BANCORP, INC. REPORTS RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2024 White Plains, New York, April 25, 2024 – NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported net income of $11.4 million, or $0.87 per basic share and $0.86 per diluted share, for the three months ended March 31, 2024 compared to net income of $11.2 million, or $0.77 per ...

WHITE PLAINS, N.Y., April 25, 2024 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (NASDAQ:NECB) (the "Company"), the parent holding company of NorthEast Community Bank (the "Bank"), reported net income of $11.4 million, or $0.87 per basic share and $0.86 per diluted share, for the three months ended March 31, 2024 compared to net income of $11.2 million, or $0.77 per basic and diluted share, for the three months ended March 31, 2023. Kenneth A. Martinek, NorthEast Community Bancorp's Chairman of the ...

公司业务 - 公司总部位于纽约州怀特普兰斯，主要业务是拥有和经营银行[10] - 公司主要业务包括发放建设贷款、商业和工业贷款、多户和混合用途住宅房地产贷款以及非住宅房地产贷款[10] - 公司在纽约州和马萨诸塞州进行贷款活动，同时也在新泽西和康涅狄格有少量贷款[16] - 公司主要通过建设贷款和多户房地产贷款来发放贷款[16] - 公司在高吸收社区发放建设贷款，这些社区的住房需求远远超过供应[16] - 公司在纽约州和马萨诸塞州的市场主要包括各种财富、就业和族裔[13] 竞争和服务 - 公司面临来自国家、地区和当地社区金融机构的竞争，以及来自货币市场基金和其他公司和政府证券的竞争[14] - 公司通过提供个人关注、专业服务和竞争性利率来吸引和保留个人和企业客户[14] 贷款组合 - 公司的贷款组合中最大的部分是建设贷款，其次是多户房地产贷款[15] - 公司在纽约州/纽约市大都会区和马萨诸塞州/波士顿大都会区进行贷款活动[15] - 公司主要提供建设贷款给纽约州和纽约大都会区的商业和工业企业[19] 投资组合 - 投资组合主要以互惠基金、由Fannie Mae、Freddie Mac和Ginnie Mae发行的住房抵押支持证券以及市政债券为主[31] - 投资组合主要作为流动性来源，旨在提供足够的流动性以满足任何合理的存款流出和通过将二级储备转换为现金来增加贷款组合的需求[32] 资金来源 - 存款、借款和贷款偿还是公司资金的主要来源，存款是相对稳定的资金来源，而存款流入和流出以及贷款提前偿还受到一般利率和市场条件的显著影响[33] - 公司主要从纽约州和马萨诸塞州的居民获得存款，存款主要来自我们分行所在社区的居民和客户[34] 银行监管 - 银行是纽约特许储蓄银行，存款由联邦存款保险公司（FDIC）保险[38] - 银行受到纽约州金融服务部门和FDIC的广泛监管，必须定期向其提交报告并接受审查[38] - 银行必须获得监管批准才能进行某些交易，包括与其他金融机构的合并[38] 资本要求 - 根据监管资本要求，普通股权第一资本通常定义为普通股东权益和留存收益[40] - 银行在2023年底超过了资本保护缓冲区的完全实施监管要求[40] - 银行资本水平在2023年12月31日符合FDIC规定的“充足资本”标准[45] 法规约束 - 银行的存款业务受到多项法规的约束，包括《家庭抵押贷款披露法》、《平等信贷机会法》、《公平信用报告法》等[54] - 银行的存款业务还受到《金融隐私权法》、《21世纪支票清算法》和《电子资金转移法》的约束[55] 公司治理 - 公司的执行官由董事会每年选举一次，并由董事会自行决定[69]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40589 NorthEast Community Bancorp, Inc. (Exact name of registrant as specified in its charter) Maryland 8 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40589 NorthEast Community Bancorp, Inc. (Exact name of registrant as specified in its charter) Maryland 86-317 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40589 NorthEast Community Bancorp, Inc. (Exact name of registrant as specified in its charter) Maryland 86-31 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-40589 NORTHEAST COMMUNITY BANCORP, INC. (Exact name of registrant as specified in its charter) Marylan ...