ECB Bancorp Q2 FY26 net income more than doubled to $3.3 million year over year
ECBK•Quarterly results improve on higher net interest income and lower credit losses
ECB Bancorp posted net income of $3.3 million for the quarter ended June 30, 2026, up 126.5% from a year earlier.
- Net interest and dividend income climbed 31% to $10 million, widening net interest margin by 37 basis points to 2.45%.
- Provision for credit losses fell to $61,000 from $1.1 million, reflecting lower loan growth and lower reserve requirements.
- Noninterest expense rose 16.7% to $5.81 million, led by higher salaries and benefits, advertising, and FDIC deposit insurance.
- Total assets increased 4.1% to $1.67 billion at June 30, 2026, while deposits rose 5.3% to $1.19 billion.
