Northeast Community Bank
White Plains, New York · FDIC Cert #29147
Northeast Community Bank is an FDIC-insured bank (Certificate #29147) with $1.9B in total assets and $1.6B in total deposits as of the Q2 2024 Call Report. Headquartered in White Plains, New York, the bank maintains a Tier 1 capital ratio of 13.37% (Well-Capitalized) and a nonperforming loan ratio of 0.26%. BankHealthData assigns a composite Health Grade of B (72/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Northeast Community Bank (FDIC cert 29147) is a mid-sized bank with $1.9B in total assets and $1.6B in deposits, based in White Plains, New York. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Capital position is strong: Tier 1 capital ratio of 13.37% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is clean: non-performing loan ratio of 0.26% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is thin: 7.6% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is strong: return on assets of 3.70% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Northeast Community Bank carries a composite BankHealth grade of B (72/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Northeast Community Bank
- Total Assets
- $1.9B
- Total Deposits
- $1.6B
- Tier 1 Capital Ratio
- 13.37%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.26%
- Liquidity Ratio
- 7.59%
- Return on Assets
- 3.70%
- Headquarters
- White Plains, New York
- FDIC Certificate
- #29147
- Health Grade
- B (72/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Northeast Community Bank holds a Tier 1 capital ratio of 13.37%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Northeast Community Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Northeast Community Bank shows strong financial health indicators. With $1.9B in assets and a Health Score of 72/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Northeast Community Bank Compares
Northeast Community Bank’s Health Score of 72 is 1 points above the New York state average of 71 across 130 FDIC-insured banks. Its 13.37% Tier 1 capital ratio is 0.6 points below the US banking industry average near 14%. The 0.26% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 3.70% is in line with or above the national ROA benchmark of ~1.1%. Among 648 similarly-sized banks, the average Health Score is 71, meaning this bank ranks above its size cohort. Site-wide, Northeast Community Bank is 2 points above the portfolio average of 70.
Frequently Asked Questions
Northeast Community Bank has a Bank Health Score of B (72/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 13.37%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Northeast Community Bank's Tier 1 capital ratio of 13.37% and nonperforming loan ratio of 0.26% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Northeast Community Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #29147). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Northeast Community Bank holds $1.9B in total assets and $1.6B in total deposits. It is headquartered in White Plains, New York (FDIC Certificate #29147).
Northeast Community Bank has a Tier 1 capital ratio of 13.37%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.26%, and the return on assets is 3.70%.
Yes. Northeast Community Bank is FDIC-insured (Certificate #29147). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Northeast Community Bank's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.