ES Bancshares, Inc. Announces the Receipt of the First Installment of Its Employee Retention Tax Credit

STATEN ISLAND, N.Y., May 20, 2025 (GLOBE NEWSWIRE) -- ES Bancshares, Inc. (OTCQX: ESBS) (the “Company”) the holding company for Empire State Bank, (the “Bank”) today reported that the Company received a check for the first installment of $268 thousand of its Employee Retention Tax Credit. The first installment will be reported in our second quarter 2025 earnings results. The Bank filed a claim in 2023 to the Internal Revenue Service (“IRS”) for $1.2 million, plus applicable interest, in Employee Retention C ...