ECB Bancorp (ECBK) Q3 2026 earnings summary

Executive summary

• Q3 2026 net income was $3.391 million, up 39.0% YoY; 9M net income was $9.8 million, up 88.8%.

• Total assets reached $1.693 billion, up 5.4% from Dec. 31, 2025; gross loans rose 5.6% to $1.460 billion and deposits grew 6.9% to $1.211 billion.

Financial highlights

• Q3 interest and dividend income increased 13.2% YoY to $23.1 million; interest expense rose 3.0% to $12.3 million.

• Q3 net interest and dividend income was $10.790 million, up 27.6% YoY and 7.5% QoQ; 9M increased 34.7% to $30.7 million.

• Q3 diluted EPS was $0.40 vs. $0.29 YoY and $0.39 QoQ; 9M diluted EPS was $1.17 vs. $0.62.

• Q3 noninterest expense rose 17.1% YoY to $6.275 million; 9M rose 14.7% to $17.8 million, while 9M noninterest income declined 3.2% to $935,000.

• Deposits were $1.211 billion, up 1.5% QoQ; nonbrokered deposits rose $63.2 million while brokered deposits fell $45.0 million.

Outlook and guidance

• Management expects sufficient funds for current commitments and anticipates retaining a significant portion of maturing time deposits, based on retention experience and current pricing.

• Approximately $1.1 million of cash-flow hedge gains are expected to be reclassified as a decrease to interest expense over the 12 months after Sept. 30, 2026; no numerical forward guidance was stated.

• The Medford branch, opened October 13, 2026, is the fourth full-service location and expands presence in the core market.