NASDAQ : ECBK
ECB Bancorp, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 21.36 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 186.64M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 78.85M | 69.08M | 57.85M | 48.33M | 26.95M | 21.32M |
| Interest Income on Investments | 9.05M | 9.10M | 9.19M | 6.45M | 2.20M | 1.06M |
| Total Interest Income | 87.91M | 78.18M | 67.05M | 54.78M | 29.16M | 22.38M |
| Interest Paid on Deposits | 37.41M | 37.06M | 33.44M | 21.41M | 4.57M | 3.55M |
| Interest Paid on Borrowings | 10.68M | 9.20M | 8.62M | 8.57M | 949.00K | 135.00K |
| Total Interest Expense | 48.09M | 46.26M | 42.06M | 29.99M | 5.51M | 3.68M |
| Net Interest Income | 39.81M | 31.92M | 24.99M | 24.79M | 23.64M | 18.69M |
| Other Non-Interest Income | 1.21M | 1.19M | 1.11M | 1.03M | 1.32M | 776.00K |
| Total Non-Interest Income | 1.29M | 1.33M | 1.23M | 1.05M | 1.40M | 1.22M |
| Revenues Before Loan Losses | 41.11M | 33.24M | 26.21M | 25.84M | 25.04M | 19.92M |
| Provision for Loan Losses | 660.00K | 1.53M | 174.00K | 803.00K | 2.94M | 360.00K |
| Revenue | 40.45M | 31.71M | 26.04M | 25.04M | 22.10M | 19.56M |
| Salaries and Employee Benefits | 12.56M | 11.38M | 11.26M | 10.94M | 9.37M | 9.60M |
| Occupancy Expenses | 988.00K | 899.00K | 833.00K | 766.00K | 700.00K | 721.00K |
| Federal Deposit Insurance | 993.00K | 883.00K | 752.00K | 793.00K | 225.00K | 156.00K |
| Selling, General & Administrative | 7.34M | 6.56M | 6.28M | 5.11M | 3.75M | 2.50M |
| Other Non-Interest Expense | 1.73M | 1.61M | 1.54M | 1.44M | 1.31M | 1.06M |
| Total Non-Interest Expense | 23.62M | 21.33M | 20.67M | 19.05M | 18.61M | 14.09M |
| EBT Excluding Unusual Items | 16.83M | 10.38M | 5.37M | 5.99M | 3.50M | 5.47M |
| Pretax Income | 16.83M | 10.38M | 5.37M | 5.99M | 3.50M | 5.47M |
| Income Tax Expense | 4.46M | 2.61M | 1.38M | 1.53M | 776.00K | 1.43M |
| Net Income | 12.37M | 7.77M | 3.99M | 4.46M | 2.72M | 4.04M |
| Net Income to Common | 12.37M | 7.77M | 3.99M | 4.46M | 2.72M | 4.04M |
| Basic Shares Outstanding | 8.01M | 8.10M | 8.26M | 8.47M | 8.46M | |
| Diluted Shares Outstanding | 8.33M | 8.31M | 8.35M | 8.52M | 8.46M | |
| EPS (Basic) | 1.54 | 0.96 | 0.48 | 0.53 | 0.32 | |
| EPS (Diluted) | 1.49 | 0.94 | 0.48 | 0.52 | 0.32 | |
| Effective Tax Rate | 26.50% | 25.12% | 25.69% | 25.55% | 22.20% | 26.12% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 96.08M | 86.92M | 157.62M | 119.04M | 62.05M | 52.98M |
| Investment Securities | 94.32M | 44.03M | 30.05M | 32.54M | 31.03M | 25.76M |
| Trading Asset Securities | 2.00K | 557.00K | ||||
| Mortgage-Backed Securities | 54.05M | 49.83M | 49.45M | 51.86M | 44.82M | |
| Total Investments | 94.32M | 98.08M | 80.44M | 81.98M | 82.89M | 70.58M |
| Gross Loans | 1.46B | 1.38B | 1.15B | 1.05B | 893.13M | 521.80M |
| Allowance for Loan Losses | -10.33M | -10.26M | -8.88M | -8.59M | -7.20M | -4.24M |
| Other Adjustments to Gross Loans | -790.00K | -502.00K | -226.00K | -258.00K | -433.00K | |
| Net Loans | 1.45B | 1.37B | 1.14B | 1.04B | 885.67M | 517.13M |
| Property, Plant & Equipment | 4.59M | 5.06M | 4.66M | 5.05M | 3.98M | 3.78M |
| Loans Held for Sale | 357.00K | 1.30M | ||||
| Accrued Interest Receivable | 5.58M | 5.21M | 4.01M | 3.77M | 2.63M | 1.48M |
| Long-Term Deferred Tax Assets | 4.85M | 5.67M | 4.91M | 4.77M | 4.34M | 2.97M |
| Other Long-Term Assets | 25.82M | 20.68M | 20.06M | 16.05M | 15.60M | 15.18M |
| Total Assets | 1.69B | 1.61B | 1.42B | 1.28B | 1.06B | 666.49M |
| Interest Bearing Deposits | 1.12B | 467.95M | 409.77M | 369.97M | 302.75M | 316.24M |
| Institutional Deposits | 582.90M | 503.80M | 419.90M | 330.50M | 172.20M | |
| Non-Interest Bearing Deposits | 92.12M | 81.50M | 84.96M | 78.34M | 84.90M | 83.31M |
| Total Deposits | 1.21B | 1.13B | 998.53M | 868.21M | 718.15M | 571.75M |
| Short-Term Borrowings | 1.60M | 173.00K | ||||
| Current Portion of Long-Term Debt | 79.81M | 25.00M | 30.00M | 55.00M | ||
| Current Portion of Leases | 237.00K | |||||
| Federal Home Loan Bank Debt, Long-Term | 282.50M | 205.00M | 209.00M | 204.00M | 119.00M | 9.00M |
| Long-Term Leases | 1.46M | 1.20M | 1.34M | 284.00K | ||
| Pension & Post-Retirement Benefits | 1.92M | 1.86M | 1.88M | 1.84M | 2.23M | |
| Other Long-Term Liabilities | 14.74M | 11.34M | 14.12M | 10.01M | 7.45M | 6.23M |
| Total Liabilities | 1.51B | 1.43B | 1.25B | 1.12B | 901.73M | 589.22M |
| Common Stock | 87.00K | 88.00K | 91.00K | 93.00K | 92.00K | |
| Additional Paid-In Capital | 83.04M | 83.00M | 86.19M | 87.43M | 89.29M | |
| Retained Earnings | 105.39M | 95.62M | 87.84M | 83.85M | 80.08M | 77.36M |
| Comprehensive Income & Other | -3.64M | -6.77M | -5.86M | -6.48M | -6.72M | -83.00K |
| Shareholders' Equity | 184.87M | 171.93M | 168.27M | 164.90M | 162.73M | 77.27M |
| Total Liabilities & Equity | 1.69B | 1.61B | 1.42B | 1.28B | 1.06B | 666.49M |
| Total Debt | 282.50M | 288.11M | 235.37M | 235.34M | 174.28M | 9.00M |
| Net Cash (Debt) | -184.17M | -193.19M | -77.10M | -116.30M | -111.93M | 43.98M |
| Net Cash Per Share | -22.12 | -23.24 | -9.24 | -13.64 | -13.24 | |
| Filing Date Shares Outstanding | 8.74M | 8.78M | 9.06M | 9.24M | 9.18M | |
| Total Common Shares Outstanding | 8.74M | 8.79M | 9.10M | 9.29M | 9.18M | |
| Book Value Per Share | 21.16 | 19.55 | 18.50 | 17.75 | 17.74 | |
| Tangible Book Value | 184.87M | 171.93M | 168.27M | 164.90M | 162.73M | 77.27M |
| Tangible Book Value Per Share | 21.16 | 19.55 | 18.50 | 17.75 | 17.74 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 7.77M | 3.99M | 4.46M | 2.72M | 4.04M | |
| Depreciation & Amortization | 297.00K | 302.00K | 279.00K | 302.00K | 300.00K | |
| Other Amortization | 288.00K | 276.00K | -32.00K | |||
| Gain (Loss) on Sale of Investments | -183.00K | -63.00K | 31.00K | 182.00K | 338.00K | |
| Provision for Credit Losses | 1.53M | 174.00K | 803.00K | 2.94M | 360.00K | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | -225.00K | 119.00K | 21.00K | 1.39M | -414.00K | |
| Accrued Interest Receivable | -1.20M | -249.00K | -1.13M | -1.15M | 339.00K | |
| Change in Other Net Operating Assets | -325.00K | 736.00K | 426.00K | 2.14M | 1.23M | |
| Other Operating Activities | -721.00K | -723.00K | -588.00K | -1.91M | 704.00K | |
| Operating Cash Flow | 9.22M | 6.23M | 6.43M | 7.77M | 6.45M | |
| Capital Expenditures | -214.00K | -60.00K | -335.00K | -216.00K | -104.00K | |
| Investment in Securities | -20.72M | 2.11M | 872.00K | -12.50M | -12.94M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -237.12M | -97.23M | -155.47M | -371.31M | -50.51M | |
| Other Investing Activities | -1.85M | -108.00K | -2.35M | -5.31M | -4.67M | |
| Investing Cash Flow | -259.90M | -95.29M | -157.29M | -389.34M | -68.22M | |
| Short-Term Debt Issued | 45.00M | 15.00M | 75.00M | |||
| Long-Term Debt Issued | 30.82M | 55.00M | 195.00M | 110.00M | 4.00M | |
| Total Debt Issued | 75.81M | 70.00M | 195.00M | 185.00M | 4.00M | |
| Short-Term Debt Repaid | -55.00M | |||||
| Long-Term Debt Repaid | -25.00M | -70.00M | -80.00M | -20.00M | -13.00M | |
| Total Debt Repaid | -25.00M | -70.00M | -135.00M | -20.00M | -13.00M | |
| Net Debt Issued (Repaid) | 50.81M | 60.00M | 165.00M | -9.00M | ||
| Issuance of Common Stock | 69.00K | 79.25M | ||||
| Repurchase of Common Stock | -4.61M | -2.72M | -2.23M | |||
| Net Increase (Decrease) in Deposit Accounts | 133.81M | 130.32M | 150.06M | 146.40M | 80.33M | |
| Other Financing Activities | -30.00K | -24.00K | ||||
| Financing Cash Flow | 179.99M | 127.64M | 207.84M | 390.64M | 71.33M | |
| Net Cash Flow | -70.69M | 38.58M | 56.99M | 9.07M | 9.56M | |
| Free Cash Flow | 9.01M | 6.17M | 6.10M | 7.55M | 6.34M | |
| Free Cash Flow Margin | 28.40% | 23.69% | 24.36% | 34.18% | 32.45% | |
| Free Cash Flow Per Share | 1.08 | 0.74 | 0.72 | 0.89 | ||
| Cash Interest Paid | 46.56M | 42.04M | 28.53M | 4.83M | 3.65M | |
| Cash Income Tax Paid | 2.75M | 1.57M | 2.26M | 1.98M | 2.41M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 187.25M | 152.98M | 135.30M | 117.92M | 147.26M | |
| Last Close Price | 21.36 | 17.39 | 14.84 | 12.56 | 16.05 | |
| PE Ratio | 14.36 | 19.68 | 33.90 | 26.46 | 54.14 | |
| PS Ratio | 4.61 | 4.82 | 5.20 | 4.71 | 6.66 | |
| PB Ratio | 1.01 | 0.89 | 0.80 | 0.71 | 0.91 | |
| P/FCF Ratio | 8.33 | 16.99 | 21.94 | 19.34 | 19.50 | |
| P/OCF Ratio | 8.20 | 16.59 | 21.73 | 18.33 | 18.95 | |
| Debt / Equity Ratio | 1.53 | 1.68 | 1.40 | 1.43 | 1.07 | 0.12 |
| Debt / FCF Ratio | 31.99 | 38.16 | 38.59 | 23.07 | 1.42 | |
| Net Debt / Equity Ratio | 1.00 | 1.12 | 0.46 | 0.70 | 0.69 | -0.57 |
| Net Debt / FCF Ratio | 21.45 | 12.50 | 19.07 | 14.82 | -6.93 | |
| Return on Equity (ROE) | 6.98% | 4.57% | 2.40% | 2.72% | 2.27% | 5.38% |
| Return on Assets (ROA) | 0.76% | 0.51% | 0.30% | 0.38% | 0.31% | 0.64% |
| Earnings Yield | 6.96% | 5.08% | 2.95% | 3.78% | 1.85% | |
| FCF Yield | 12.00% | 5.89% | 4.56% | 5.17% | 5.13% | |
| Buyback Yield / Dilution | 0.02% | 0.40% | 2.09% | -0.80% |