NorthEast Community Bank

NorthEast Community Bank

Overview / Commentary
325 Hamilton Avenue
White Plains, NY 10601

NorthEast Community Bank is headquartered in White Plains and is the 54th largest bank in the state of New York. It is also the 854th largest bank in the nation. It was established in 1934 and as of December of 2021, it had grown to 130 employees at 11 locations. NorthEast Community Bank has an A+ health rating.

Reviews (1)

Small Town Bank In The Big Apple

Great rate for One Year CD 2.87% APY as of May 4, 2019. Great customer service at the branch. However, you can't electronically wire funds in or out. However, free checking is available which your external bank's checking account can link to, making transfers possible. The bank might levy a charge.


Health Grade Components

FDIC Certificate #29147
Year Established1934
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.1%
Return on Equity - YTD7.1%
Annual Interest Income$48.1MM
Assets and Liabilities
AssetsQ4 2021vs Q4 2020$1.21B$960.1MM
LoansQ4 2021vs Q4 2020$963.6MM$815.8MM
DepositsQ4 2021vs Q4 2020$967.4MM$775.6MM
Equity CapitalQ4 2021vs Q4 2020$194.5MM$142.2MM
Loan Loss AllowanceQ4 2021vs Q4 2020$5.2MM$5.1MM
Unbacked Noncurrent LoansQ4 2021vs Q4 2020$0$3.6MM
Real Estate OwnedQ4 2021vs Q4 2020$2.0MM$2.0MM

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