Northeast Community Bancorp Inc. (Nasdaq: NECB), the parent company of Northeast Community Bank, reported its financial results for the three and six months ended June 30, 2025. The company posted a net income of $11.2 million, or $0.85 per basic share and $0.82 per diluted share, for the three-month period, compared to $12.8 million, or $0.98 per basic share and $0.97 per diluted share, for the same period in 2024. For the six months ended June 30, 2025, the company reported a net income of $21.7 million, or $1.65 per basic share and $1.60 per diluted share, down from $24.2 million, or $1.84 per basic share and $1.83 per diluted share, in the previous year. Net interest income for the quarter was $25.1 million, a decrease from $26.2 million in the prior year, primarily due to a reduction in interest income that surpassed the decrease in interest expense. Non-interest income for the six-month period increased by 62.9% to $2.1 million, driven by higher unrealized gains on equity securities and other loan fees and service charges. Chairman and CEO Kenneth A. Martinek highlighted strong performance in the loan portfolio, particularly in construction lending and cooperative building lending in key New York City boroughs. Despite economic uncertainties, loan demand remains strong, with unfunded commitments exceeding $636 million as of June 30, 2025. The company also recorded recoveries of $434,000 during the first half of 2025, primarily from a previously charged-off non-residential mortgage loan and unpaid overdrafts.