ECB Bancorp Inc
investor.everettbank.comWhat Do They Do?
Takes deposits from the public and makes real-estate and other loans for local households and businesses through Everett Co-operative Bank.
10-K for FY2025, filed Mar 25, 2026Everett Co-operative Bank is a Massachusetts-chartered stock cooperative bank headquartered in Everett, Massachusetts. The Bank completed…View ↗
Our business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from…View ↗
One of the key features of our business strategy has been to grow our loan portfolio, primarily through an increased focus on growing our…View ↗
How Do They Make Money?
Earns interest on its loans and other interest-earning assets; it also earns fees and service charges, gains from selling residential mortgages, and income on bank-owned life insurance.
10-K for FY2025, filed Mar 25, 2026Our business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from…View ↗
Our results of operations depend primarily on our net interest income. Net interest income is the difference between the interest income we…View ↗
Consistent with our interest rate risk management strategy, we originate for sale and sell a portion of the fixed-rate, one- to four-family…View ↗
$598K
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10-K for FY2025, filed Mar 25, 2026
$598K ↗
Who Are Their Customers?
The bank takes deposits from the general public and originates loans through its staff at banking offices, serving local retail and business customers.
10-K for FY2025, filed Mar 25, 2026Our business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from…View ↗
Our loan originations are generated by our loan personnel operating at our banking offices. All loans we originate are underwritten…View ↗
Continuing to attract and retain customers in our market area and increase our deposits. Our strategy to enhance and grow our commercial…View ↗
Do Revenues Turn Into Profits?
Yes. Its net income in FY2025 was larger than its revenue and turned 1506 cents into free cash flow.
How Are They Changing?
Shrinking. Revenue fell 97% in 4 years, from $22.4M in FY2021 to $598K in FY2025, about 60% a year.
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