ECB Bancorp Inc
investor.everettbank.comECB Bancorp Inc (NASDAQ: ECBK) is a community banking company that operates through its wholly owned subsidiary, Everett Co-operative Bank, a Massachusetts-chartered stock cooperative bank headquartered in Everett, Massachusetts. The bank makes money on the spread between interest earned on loans and securities and interest paid on deposits and borrowings. Founded in 1890, Everett Co-operative Bank completed its mutual-to-stock conversion on July 27, 2022, forming ECB Bancorp as the holding company. As of December 31, 2025, the loan portfolio totaled approximately $1.38 billion, with one-to-four family residential real estate loans at $473.4 million (34.2%), multifamily real estate loans at $425.4 million (30.8%), commercial real estate loans at $336.4 million (24.3%), construction loans at $89.0 million (6.4%), home equity lines of credit and loans at $49.9 million (3.6%), and commercial loans at $7.9 million (0.6%). The bank operates three full-service branches in Everett, Lynnfield, and Woburn, Massachusetts, serving the greater Boston metropolitan area.
Products & Services
Loan products: one-to-four family residential real estate loans, multifamily real estate loans, commercial real estate loans, construction loans, home equity lines of credit and loans, and commercial loans. Deposit products: certificates of deposit, individual retirement accounts, money market accounts, savings accounts, and interest-bearing and noninterest-bearing checking accounts. Securities portfolio: U.S. government and federal agency obligations, collateralized mortgage obligations, mortgage-backed securities, and corporate bonds. Cash management services and high-yield consumer and business deposit products introduced as part of retail expansion.
Revenue Model
Net interest income from loans and securities, funded by customer deposits and Federal Home Loan Bank advances. Interest and fees on loans are the primary income source. At December 31, 2025, outstanding FHLB advances were $284.8 million.
Customers & Markets
General public, residential real estate borrowers, multifamily property owners, commercial real estate investors, and commercial businesses in Middlesex, Essex, Suffolk, and Norfolk Counties, Massachusetts. Deposit market area is Middlesex, Essex, and Suffolk Counties. Primary lending area extends to Norfolk County.
Geographic Exposure
Greater Boston metropolitan area, Massachusetts. Branches in Everett, Lynnfield, and Woburn (Woburn opened September 2023). Branch application filed for Medford, MA in January 2026. Lending area covers Middlesex, Essex, Suffolk, and Norfolk Counties, primarily within the Route 128 corridor.
Financial Snapshot
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