Ponce Financial Group, Inc. reported a net loss of ($0.1) million, or $0.00 per diluted share, for the second quarter of 2023. This compares to net income of $0.3 million, or $0.01 per diluted share for the prior quarter, and net income of $0.8 million, or $0.03 per diluted share for the same quarter last year. The results reflect an increase in net interest income, but were offset by increases in provision for credit loss and non-interest expense, as well as a decrease in non-interest income.