NorthEast Community Bank
White Plains, New York, Westchester County
$2.1B in total assets, the 594th largest of 4,309 US banks and 50th of 126 headquartered in New York.
- FDIC certificate
- 29147
- Established
- 1934
- Owned by
- Northeast Community Bcorp Inc
- Primary regulator
- FDIC
At a glance
Compared with 44 banks headquartered in New York with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $2.1B | 34% | $2.5B | |
| Loans | $1.9B | 54% | $1.9B | |
| Deposits | $1.5B | 39% | $2.1B | |
| Return on assets | 2.15% | 90% | 1.03% | |
| Net interest margin | 4.93% | 98% | 3.49% | |
| Efficiency ratio | 39.8% | 8% | 59.5% | |
| Equity to assets | 16.66% | 92% | 9.98% | |
| Loans to deposits | 124% | 95% | 86% |
Growth
Total assets grew 14.6% a year over the last 5 years and 12.5% a year over 10 years, without acquisitions.
Where they operate
12 branches in 9 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Westchester County, NY | $389M | 0.1% | 21 of 31 |
| Rockland County, NY | $335M | 2.5% | 8 of 14 |
| Orange County, NY | $273M | 2.5% | 10 of 22 |
| Bronx County, NY | $159M | 0.8% | 15 of 23 |
| New York County, NY | $144M | 0.0% | 60 of 83 |
| Norfolk County, MA | $78M | 0.2% | 33 of 35 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 3 branches since 2016 (9 to 12, +33.3%). 4 opened, 0 acquired, 1 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 9 | |||
| 2017 | Closed Plymouth | 0 | 1 | −1 | 8 |
| 2018 | Opened Kiryas Joel | 1 | 0 | +1 | 9 |
| 2019 | Opened Monroe | 1 | 0 | +1 | 10 |
| 2021 | Opened Monsey | 1 | 0 | +1 | 11 |
| 2022 | Opened Bloomingburg | 1 | 0 | +1 | 12 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Construction and land | 73% | 4% | |
| Multifamily | 17% | 12% | |
| Business (C&I) | 8% | 20% | |
| Commercial real estate | 2% | 28% | |
| 1-4 family residential | 0% | 26% | |
| Consumer | 0% | 5% | |
| Other | 0% | 6% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Time deposits | 46% | 27% | |
| Other interest-bearing | 33% | 54% | |
| Noninterest-bearing | 22% | 19% |
Brokered deposits are 15.6% of deposits (peers 3.6%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.00% | 0.72% |
| Net charge-offs, annualized | 0.06% | 0.03% |
| Reserves to loans | 0.25% | 1.00% |
| Leverage ratio | 17.32% | 10.12% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in New York
Largest competitors in Westchester County, NY
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/northeast-community-bank-white-plains-ny