2024 Q1 Form 10-K Financial Statement

#000095017024038505 Filed on March 29, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $15.69M $54.78M
YoY Change 30.11% 87.92%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $75.00K $74.00K $279.0K
YoY Change 4.17% -6.33% -7.62%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $9.791M $29.99M
YoY Change 71.89% 443.72%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $832.0K $1.055M $5.985M
YoY Change -31.8% -22.31% 71.2%
Income Tax $211.0K $266.0K $1.529M
% Of Pretax Income 25.36% 25.21% 25.55%
Net Earnings $621.0K $789.0K $4.456M
YoY Change -31.08% -19.16% 63.82%
Net Earnings / Revenue 3.96% 8.13%
Basic Earnings Per Share $0.07 $0.53
Diluted Earnings Per Share $0.07 $0.09 $0.52
COMMON SHARES
Basic Shares Outstanding 9.244M 9.389M 8.466M
Diluted Shares Outstanding 8.375M 8.524M

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $112.4M $119.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $3.699M $3.754M $3.754M
YoY Change 1.68% 1.51% 1.51%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.416M $4.767M $4.767M
YoY Change -3.33% 9.74% 9.74%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.303B $1.280B $1.280B
YoY Change 12.67% 20.28% 20.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $11.98M $13.22M $13.22M
YoY Change 5.58% 37.95% 37.95%
Total Long-Term Liabilities $11.98M $13.22M $13.22M
YoY Change 5.58% 37.95% 37.95%
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities $11.98M $13.22M $13.22M
Total Liabilities $1.138B $1.115B $1.115B
YoY Change 14.47% 23.7% 23.7%
SHAREHOLDERS EQUITY
Retained Earnings $84.48M $83.85M
YoY Change 5.2% 4.72%
Common Stock $92.00K $93.00K
YoY Change 0.0% 1.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $165.8M $164.9M $164.9M
YoY Change
Total Liabilities & Shareholders Equity $1.303B $1.280B $1.280B
YoY Change 12.67% 20.28% 20.28%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $621.0K $789.0K $4.456M
YoY Change -31.08% -19.16% 63.82%
Depreciation, Depletion And Amortization $75.00K $74.00K $279.0K
YoY Change 4.17% -6.33% -7.62%
Cash From Operating Activities -$429.0K $2.631M $6.434M
YoY Change -130.38% -13.17% -17.19%
INVESTING ACTIVITIES
Capital Expenditures $20.00K $99.00K $335.0K
YoY Change 66.67% 153.85% 55.09%
Acquisitions
YoY Change
Other Investing Activities -$29.02M -$44.93M -$157.0M
YoY Change -66.41% -72.62% -59.66%
Cash From Investing Activities -$29.04M -$45.03M -$157.3M
YoY Change -66.39% -72.56% -59.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 22.80M 64.05M 207.8M
YoY Change -74.75% -66.1% -46.8%
NET CHANGE
Cash From Operating Activities -429.0K 2.631M 6.434M
Cash From Investing Activities -29.04M -45.03M -157.3M
Cash From Financing Activities 22.80M 64.05M 207.8M
Net Change In Cash -6.668M 21.65M 56.99M
YoY Change -226.0% -22.23% 527.94%
FREE CASH FLOW
Cash From Operating Activities -$429.0K $2.631M $6.434M
Capital Expenditures $20.00K $99.00K $335.0K
Free Cash Flow -$449.0K $2.532M $6.099M
YoY Change -132.07% -15.35% -19.26%

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CY2022 us-gaap Adjustment For Amortization
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CY2022 us-gaap Depreciation Amortization And Accretion Net
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CY2022 ecbk Issuance Of Common Shares Donated To Charitable Foundation
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CY2023 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
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CY2022 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
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CY2023 us-gaap Share Based Compensation
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CY2022 us-gaap Increase Decrease In Other Operating Assets
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CY2022 us-gaap Increase Decrease In Other Operating Liabilities
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CY2023 us-gaap Net Cash Provided By Used In Operating Activities
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2023 ecbk Proceeds From Life Insurance Policy Death Benefit
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CY2022 ecbk Proceeds From Life Insurance Policy Death Benefit
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CY2022 ecbk Payments To Acquire Interest Bearing Time Deposits
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CY2023 us-gaap Payments To Acquire Federal Home Loan Bank Stock
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CY2022 us-gaap Payments To Acquire Federal Home Loan Bank Stock
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CY2023 ecbk Redemption Of Federal Home Loan Bank Stock
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CY2022 ecbk Redemption Of Federal Home Loan Bank Stock
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CY2023 us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
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CY2022 us-gaap Payments To Acquire Loans Held For Investment
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CY2022 ecbk Purchase Of Loans
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CY2022 us-gaap Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
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CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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CY2023 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022 us-gaap Increase Decrease In Other Deposits
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CY2022 us-gaap Increase Decrease In Time Deposits
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CY2023 us-gaap Proceeds From Federal Home Loan Bank Borrowings
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CY2022 us-gaap Proceeds From Federal Home Loan Bank Borrowings
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CY2023 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
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CY2022 us-gaap Repayments Of Federal Home Loan Bank Borrowings
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CY2023 ecbk Net Change In Short Term Federal Home Loan Bank Advances
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55000000
CY2022 ecbk Net Change In Short Term Federal Home Loan Bank Advances
NetChangeInShortTermFederalHomeLoanBankAdvances
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CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2023 ecbk Payments For Shares Repurchased Under Share Repurchase Plan
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CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
390641000
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
62050000
CY2023 us-gaap Interest Paid Net
InterestPaidNet
28531000
CY2022 us-gaap Interest Paid Net
InterestPaidNet
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CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2259000
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1982000
CY2023 ecbk Non Cash Effect Of Adoption Of Accounting Standard Allowance Of Credit Losses
NonCashEffectOfAdoptionOfAccountingStandardAllowanceOfCreditLosses
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CY2023 ecbk Non Cash Effect Of Adoption Of Accounting Standard Deferred Income Tax Expense
NonCashEffectOfAdoptionOfAccountingStandardDeferredIncomeTaxExpense
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CY2023 ecbk Non Cash Effect Of Adoption Of Accounting Standard Other Liabilities
NonCashEffectOfAdoptionOfAccountingStandardOtherLiabilities
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CY2023 us-gaap Nature Of Operations
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<p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;">NOTE 1 - NATURE OF OPERATIONS</span></p><p style="font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">CONVERSION</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;">On March 9, 2022, the Board of Directors of Everett Co-operative Bank (the "Bank") adopted a Plan of Conversion under which the Bank would convert from a Massachusetts mutual co-operative bank into a Massachusetts stock co-operative bank and become the wholly owned subsidiary of a newly chartered stock holding company, ECB Bancorp, Inc. (the “Holding Company”). The Plan of Conversion received the required approvals of various regulatory agencies and the Plan of Conversion was approved by the required vote of more than two-thirds of the Bank’s depositors present and voting at a special meeting of depositors held on May 5, 2022. The Bank’s mutual to stock conversion and the Company’s stock offering were consummated on July 27, 2022. In the offering, the Company sold </span><span style="font-size:11pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">8,915,247</span><span style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;"> shares of common stock at a per share price of $</span><span style="font-size:11pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">10.00</span><span style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;"> for gross offering proceeds of $</span><span style="font-size:11pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">89.2</span><span style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;"> million. Additionally, the Company contributed </span><span style="font-size:11pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">260,000</span><span style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;"> shares and $</span><span style="font-size:11pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">600,000</span><span style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;"> in cash to the Everett Co-operative Bank Charitable Foundation (the “Foundation”).</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;">The Bank has established a Liquidation Account in an amount equal to the net worth of the Bank as of the date of the latest consolidated balance sheet contained in the final prospectus distributed in connection with the Company's stock conversion and stock offering. The function of the Liquidation Account is to establish a priority on liquidation of the Bank. The Liquidation Account will be maintained by the Bank for the benefit of the eligible account holders who continue to maintain deposit accounts with the Bank following the conversion. Each eligible account holder, with respect to each deposit account, holds a related inchoate interest in a portion of the Liquidation Account balance, in relation to each deposit account balance at the eligibility record date, or to such balance as it may be subsequently reduced, as hereinafter provided. The initial Liquidation Account balance will not be increased, and is subject to downward adjustment to the extent of any downward adjustment of any subaccount balance of any eligible account holder in accordance with the regulations of the Division of Banks of the Commonwealth of Massachusetts.</span><span style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;">In the unlikely event of a complete liquidation of the Bank (and only in such event), following all liquidation payments to creditors (including those to depositors to the extent of their deposit accounts) each eligible account holder shall be entitled to receive a liquidating distribution from the Liquidation Account, in the amount of the then-adjusted subaccount balances for his or her deposit accounts then held, before any liquidating distribution may be made to any holder of the Bank’s capital stock.</span><span style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;">The Bank may not declare or pay a cash dividend on its outstanding capital stock if the effect thereof would cause its regulatory capital to be reduced below the amount required to maintain the Liquidation Account and under FDIC rules and regulations.</span><span style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;"> </span></p>
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
8915247
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
10
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ProceedsFromIssuanceOfCommonStock
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CY2022Q1 ecbk Number Of Common Stock Shares Funded
NumberOfCommonStockSharesFunded
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CY2022Q1 ecbk Amount Contributed Through Cash
AmountContributedThroughCash
600000
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;text-decoration:underline;font-size:11pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Use of Estimates</span><span style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for credit losses.</span></p>
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;text-decoration:underline;font-size:11pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Reclassification</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;">Certain previously reported amounts have been reclassified to conform to the current period’s presentation.</span></p>
CY2023Q4 ecbk Number Of Trading Or Equity Securities
NumberOfTradingOrEquitySecurities
0
CY2022Q4 ecbk Number Of Trading Or Equity Securities
NumberOfTradingOrEquitySecurities
0
CY2023 ecbk Gain Loss Related To Loans Held For Sale
GainLossRelatedToLoansHeldForSale
0
CY2022 ecbk Gain Loss Related To Loans Held For Sale
GainLossRelatedToLoansHeldForSale
0
CY2023Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
76979000
CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
36000
CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
6425000
CY2023Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
0
CY2023Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
70590000
CY2022Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
77591000
CY2022Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
9000
CY2022Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
7893000
CY2022Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
0
CY2022Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
69707000
CY2023Q4 us-gaap Debt Securities Held To Maturity Accrued Interest After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAccruedInterestAfterAllowanceForCreditLoss
310000
CY2022Q4 us-gaap Debt Securities Held To Maturity Accrued Interest After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAccruedInterestAfterAllowanceForCreditLoss
267000
CY2023 us-gaap Debt Securities Held To Maturity Accrued Interest Writeoff
DebtSecuritiesHeldToMaturityAccruedInterestWriteoff
0
CY2023Q4 ecbk Debt Securities Held To Maturity Delinquent Amount
DebtSecuritiesHeldToMaturityDelinquentAmount
0
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
5000000
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
4000
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1000
CY2023Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
5003000
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
4991000
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
10000
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0
CY2022Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
5001000
CY2023Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0
CY2023Q4 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
58000
CY2022Q4 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
49000
CY2023 us-gaap Debt Securities Available For Sale Accrued Interest Writeoff
DebtSecuritiesAvailableForSaleAccruedInterestWriteoff
0
CY2023Q4 ecbk Debt Securities Available For Sale Delinquent Amount
DebtSecuritiesAvailableForSaleDelinquentAmount
0
CY2023 ecbk Debt Securities Available For Sale Nonaccrual Status
DebtSecuritiesAvailableForSaleNonaccrualStatus
0
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue
5003000
CY2023Q4 us-gaap Heldtomaturity Securities Debt Maturities Next Rolling Twelve Months Amortized Cost
HeldtomaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCost
7540000
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities Next Rolling Twelve Months Fair Value
HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue
7488000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue
0
CY2023Q4 us-gaap Heldtomaturity Securities Debt Maturities Rolling Year Two Through Five Amortized Cost
HeldtomaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCost
23306000
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities Rolling Year Two Through Five Fair Value
HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue
22285000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue
0
CY2023Q4 us-gaap Heldtomaturity Securities Debt Maturities Rolling Year Six Through Ten Amortized Cost
HeldtomaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCost
4808000
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities Rolling Year Six Through Ten Fair Value
HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue
4566000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Rolling After Year Ten Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue
0
CY2023Q4 us-gaap Heldtomaturity Securities Debt Maturities Rolling After Ten Years Amortized Cost
HeldtomaturitySecuritiesDebtMaturitiesRollingAfterTenYearsAmortizedCost
41325000
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities Rolling After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue
36251000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
5003000
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Amortized Cost Basis
HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
76979000
CY2023Q4 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateFairValue
70590000
CY2023 us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
0
CY2022 us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
0
CY2023Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
5561000
CY2023Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
18000
CY2023Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
59500000
CY2023Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
6407000
CY2023Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
65061000
CY2023Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
6425000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
2500000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
1000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
0
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
2500000
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
1000
CY2022Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
37022000
CY2022Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
2468000
CY2022Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
29756000
CY2022Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
5425000
CY2022Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
66778000
CY2022Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
7893000
CY2023Q4 us-gaap Debt Securities Available For Sale And Held To Maturity Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityAllowanceForCreditLoss
0
CY2023 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
40000
CY2023 ecbk Number Of Internal Loan Rating Grades
NumberOfInternalLoanRatingGrades
7
CY2023Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1048606000
CY2023Q4 ecbk Loans And Leases Receivable Gross Carrying Amount Percentage
LoansAndLeasesReceivableGrossCarryingAmountPercentage
1
CY2022Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
893132000
CY2022Q4 ecbk Loans And Leases Receivable Gross Carrying Amount Percentage
LoansAndLeasesReceivableGrossCarryingAmountPercentage
1
CY2023Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
226000
CY2022Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
258000
CY2023Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
8591000
CY2022Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7200000
CY2023Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1039789000
CY2022Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
885674000
CY2023Q4 ecbk Accrued Interest Receivable For Loan
AccruedInterestReceivableForLoan
3200000
CY2022Q4 ecbk Accrued Interest Receivable For Loan
AccruedInterestReceivableForLoan
2200000
CY2023Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
871000
CY2022Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
943000
CY2022Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
943000
CY2021Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
1257000
CY2023 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
0
CY2022 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
375000
CY2023 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
72000
CY2022 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
689000
CY2023Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
871000
CY2022Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
943000
CY2022Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7200000
CY2023 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
2000
CY2023 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
1000
CY2023 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1210000
CY2023Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
8591000
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
1048606000
CY2023Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0
CY2023Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
1213000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
0
CY2023Q4 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
1213000
CY2023Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
1213000
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
4236000
CY2022 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
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CY2022 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
26000
CY2022 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
2940000
CY2022Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7200000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
0
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
7200000
CY2022Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7200000
CY2022Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
656000
CY2022Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
892476000
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
893132000
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
893132000
CY2022Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0
CY2022Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
656000
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
893132000
CY2022Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
656000
CY2022Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
656000
CY2022Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
0
CY2022 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
710000
CY2022 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
51000
CY2022Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
0
CY2022Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
0
CY2022 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0
CY2022Q4 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
0
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8359000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8148000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4605000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4450000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3754000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3698000
CY2023 us-gaap Depreciation And Amortization
DepreciationAndAmortization
279000
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
302000
CY2023 us-gaap Lessee Operating Lease Existence Of Option To Extend
LesseeOperatingLeaseExistenceOfOptionToExtend
true
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1295000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
284000
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1336000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
284000
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
175000000
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
53000000
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y6M
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y2M12D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0421
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0204
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
191000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
191000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
198000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
207000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
161000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
670000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1618000
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
282000
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1336000
CY2023Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000
CY2023Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
196847000
CY2022Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
98419000
CY2023Q4 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
115536000
CY2022Q4 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
100842000
CY2023Q4 ecbk Deferred Tax Liabilities Unrealized Gains On Available For Sale Securities
DeferredTaxLiabilitiesUnrealizedGainsOnAvailableForSaleSecurities
1000
CY2022Q4 ecbk Deferred Tax Liabilities Unrealized Gains On Available For Sale Securities
DeferredTaxLiabilitiesUnrealizedGainsOnAvailableForSaleSecurities
3000
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
574000
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
465000
CY2023Q4 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
232670000
CY2023Q4 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
136731000
CY2023Q4 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
77380000
CY2023Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
46119000
CY2023Q4 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
5603000
CY2023Q4 us-gaap Time Deposits
TimeDeposits
498503000
CY2023Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due In Next Rolling Twelve Months
FederalHomeLoanBankAdvancesMaturitiesSummaryDueInNextRollingTwelveMonths
30000000
CY2023Q4 us-gaap Federal Home Loan Bank Advances Weighted Average Interest Rate Maturing In Next Twelve Rolling Months
FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingInNextTwelveRollingMonths
0.0437
CY2022Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due In Next Rolling Twelve Months
FederalHomeLoanBankAdvancesMaturitiesSummaryDueInNextRollingTwelveMonths
55000000
CY2022Q4 us-gaap Federal Home Loan Bank Advances Weighted Average Interest Rate Maturing In Next Twelve Rolling Months
FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingInNextTwelveRollingMonths
0.0437
CY2023Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due In Rolling Year Two
FederalHomeLoanBankAdvancesMaturitiesSummaryDueInRollingYearTwo
0
CY2023Q4 us-gaap Federal Home Loan Bank Advances Weighted Average Interest Rate Maturing In Rolling Year Two
FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingInRollingYearTwo
0
CY2022Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due In Rolling Year Two
FederalHomeLoanBankAdvancesMaturitiesSummaryDueInRollingYearTwo
5000000
CY2022Q4 us-gaap Federal Home Loan Bank Advances Weighted Average Interest Rate Maturing In Rolling Year Two
FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingInRollingYearTwo
0.0169
CY2023Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due In Rolling Year Three
FederalHomeLoanBankAdvancesMaturitiesSummaryDueInRollingYearThree
24000000
CY2023Q4 us-gaap Federal Home Loan Bank Advances Weighted Average Interest Rate Maturing In Rolling Year Three
FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingInRollingYearThree
0.0357
CY2022Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due In Rolling Year Three
FederalHomeLoanBankAdvancesMaturitiesSummaryDueInRollingYearThree
0
CY2022Q4 us-gaap Federal Home Loan Bank Advances Weighted Average Interest Rate Maturing In Rolling Year Three
FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingInRollingYearThree
0
CY2023Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due In Rolling Year Four
FederalHomeLoanBankAdvancesMaturitiesSummaryDueInRollingYearFour
95000000
CY2023Q4 us-gaap Federal Home Loan Bank Advances Weighted Average Interest Rate Maturing In Rolling Year Four
FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingInRollingYearFour
0.0395
CY2022Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due In Rolling Year Four
FederalHomeLoanBankAdvancesMaturitiesSummaryDueInRollingYearFour
4000000
CY2022Q4 us-gaap Federal Home Loan Bank Advances Weighted Average Interest Rate Maturing In Rolling Year Four
FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingInRollingYearFour
0.0082
CY2023Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due In Rolling Year Five
FederalHomeLoanBankAdvancesMaturitiesSummaryDueInRollingYearFive
85000000
CY2023Q4 us-gaap Federal Home Loan Bank Advances Weighted Average Interest Rate Maturing In Rolling Year Five
FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingInRollingYearFive
0.0409
CY2022Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due In Rolling Year Five
FederalHomeLoanBankAdvancesMaturitiesSummaryDueInRollingYearFive
110000000
CY2022Q4 us-gaap Federal Home Loan Bank Advances Weighted Average Interest Rate Maturing In Rolling Year Five
FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingInRollingYearFive
0.0376
CY2023Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
234000000
CY2023Q4 us-gaap Federal Home Loan Bank Advances Weighted Average Interest Rate
FederalHomeLoanBankAdvancesWeightedAverageInterestRate
0.0402
CY2022Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
174000000
CY2022Q4 us-gaap Federal Home Loan Bank Advances Weighted Average Interest Rate
FederalHomeLoanBankAdvancesWeightedAverageInterestRate
0.0383
CY2023 ecbk Eligible Age Of Employee To Participate In Defined Benefit Plan
EligibleAgeOfEmployeeToParticipateInDefinedBenefitPlan
21
CY2023 ecbk Eligible Year Of Service Period For Employee Participation
EligibleYearOfServicePeriodForEmployeeParticipation
P1Y
CY2023 ecbk Eligible Year Of Service Period For Employee To Become Vested
EligibleYearOfServicePeriodForEmployeeToBecomeVested
P6Y
CY2022 us-gaap Defined Benefit Plan Accumulated Benefit Obligation Increase Decrease For Plan Amendment
DefinedBenefitPlanAccumulatedBenefitObligationIncreaseDecreaseForPlanAmendment
582000
CY2022Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
1419000
CY2023 ecbk Defined Contribution Plan Minimum Annual Contributions Per Employee Percent
DefinedContributionPlanMinimumAnnualContributionsPerEmployeePercent
0.01
CY2023 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.75
CY2023 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
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1
CY2023 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.07
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
450000
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
362000
CY2023 ecbk Incentive Plan Expense
IncentivePlanExpense
1356000
CY2022 ecbk Incentive Plan Expense
IncentivePlanExpense
1302000
CY2022Q3 us-gaap Employee Stock Ownership Plan Esop Debt Structure Direct Loan Amount
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7300000
CY2022Q3 us-gaap Employee Stock Ownership Plan Esop Shares In Esop
EmployeeStockOwnershipPlanESOPSharesInESOP
734020
CY2022Q3 ecbk Employee Stock Ownership Plan Esop Debt Structure Duration Of Loan
EmployeeStockOwnershipPlanEsopDebtStructureDurationOfLoan
P20Y
CY2022Q3 ecbk Employee Stock Ownership Plan Esop Debt Structure Interest Rate
EmployeeStockOwnershipPlanEsopDebtStructureInterestRate
0.0475
CY2023 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
470000
CY2022 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
559000
CY2023 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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47000
CY2023Q4 us-gaap Employee Stock Ownership Plan Esop Number Of Allocated Shares
EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares
72017
CY2022Q4 us-gaap Employee Stock Ownership Plan Esop Number Of Allocated Shares
EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares
36701
CY2023Q4 us-gaap Employee Stock Ownership Plan Esop Number Of Committed To Be Released Shares
EmployeeStockOwnershipPlanESOPNumberOfCommittedToBeReleasedShares
0
CY2022Q4 us-gaap Employee Stock Ownership Plan Esop Number Of Committed To Be Released Shares
EmployeeStockOwnershipPlanESOPNumberOfCommittedToBeReleasedShares
0
CY2023Q4 us-gaap Employee Stock Ownership Plan Esop Number Of Suspense Shares
EmployeeStockOwnershipPlanESOPNumberOfSuspenseShares
660618
CY2022Q4 us-gaap Employee Stock Ownership Plan Esop Number Of Suspense Shares
EmployeeStockOwnershipPlanESOPNumberOfSuspenseShares
697319
CY2023Q4 us-gaap Employee Stock Ownership Plan Esop Shares In Esop
EmployeeStockOwnershipPlanESOPSharesInESOP
732635
CY2022Q4 us-gaap Employee Stock Ownership Plan Esop Shares In Esop
EmployeeStockOwnershipPlanESOPSharesInESOP
734020
CY2023Q4 us-gaap Employee Stock Ownership Plan Esop Deferred Shares Fair Value
EmployeeStockOwnershipPlanESOPDeferredSharesFairValue
8297000
CY2022Q4 us-gaap Employee Stock Ownership Plan Esop Deferred Shares Fair Value
EmployeeStockOwnershipPlanESOPDeferredSharesFairValue
11192000
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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763969
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
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CY2023 ecbk Share Based Compensation Arrangement By Share Based Payment Award Non Vested Options Granted In Period Weighted Average Remaining Contractual Term
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