NorthEast Community Bancorp (NECB) risk factors

28 risks, 2 new, 5 reworded since the prior year. New York rent regulations pose risks to $16.3 million of multi-family and mixed-use loans. Cyber attacks and outsourced security providers present growing operational vulnerabilities. Brokered and listing service deposits shifted to $457.8 million, totaling 28.3% of deposits. Quarterly and special dividend figures were updated to reflect 2025 payout increases.

26 risks. Heavy geographic and loan concentration in construction, multifamily, and non-residential real estate within the New York and Boston metropolitan areas. Significant reliance on wholesale funding sources including brokered deposits, military deposits, and listing services. Substantial exposure to interest rate risk, cybersecurity threats, and extensive regulatory oversight.