NorthEast Community Bancorp, Inc./MD/ Annual Interest Expense in USD from 2020 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
NorthEast Community Bancorp, Inc./MD/ quarterly/annual Interest Expense history and growth rate from 2020 to 2023.
  • NorthEast Community Bancorp, Inc./MD/ Interest Expense for the quarter ending March 31, 2024 was $13.1M, a 132% increase year-over-year.
  • NorthEast Community Bancorp, Inc./MD/ Interest Expense for the twelve months ending March 31, 2024 was $42.8M, a 243% increase year-over-year.
  • NorthEast Community Bancorp, Inc./MD/ annual Interest Expense for 2023 was $35.3M, a 334% increase from 2022.
  • NorthEast Community Bancorp, Inc./MD/ annual Interest Expense for 2022 was $8.13M, a 59.3% increase from 2021.
  • NorthEast Community Bancorp, Inc./MD/ annual Interest Expense for 2021 was $5.1M, a 48.9% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $35.3M +$27.2M +334% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-28
2022 $8.13M +$3.03M +59.3% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-28
2021 $5.1M -$4.88M -48.9% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-30
2020 $9.98M Jan 1, 2020 Dec 31, 2020 10-K 2022-03-30
* An asterisk sign (*) next to the value indicates that the value is likely invalid.