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Northeast Bank Hires National Sales Manager for SBA Lending Division

Lewiston, Maine
May 4th, 2016

Northeast Bank announced today that George Andreaus has joined its Small Business Administration (“SBA”) Lending Division as National Sales Manager. He will report to Jonathan Smith, SVP, Director of SBA Lending, and oversee the current SBA sales team, as well as its expansion into key markets across the country.

Northeast Bancorp Reports Third Quarter Results, Declares Dividend

Lewiston, Maine
May 2nd, 2016

Northeast Bancorp (“Northeast” or the “Company”) (NASDAQ: NBN), a Maine-based full-service financial services company and parent of Northeast Bank (the “Bank”), today reported net income of $1.8 million, or $0.19 per diluted common share, for the quarter ended March 31, 2016, compared to net income of $1.8 million, or $0.18 per diluted common share, for the quarter ended March 31, 2015.

Northeast Bancorp Announces Dates for Fiscal 2016 Third Quarter Earnings Results and Conference Call

Lewiston, Maine
April 27th, 2016

Northeast Bancorp (“Northeast” or the “Company”) (NASDAQ: NBN), a Maine-based full-service financial services company and parent of Northeast Bank, announced today it will release its fiscal 2016 third quarter earnings results after the markets close on Monday, May 2, 2016. Following the release, the Company will host a conference call with a simultaneous webcast at 10:00 am EDT on Tuesday, May 3, 2016.

Northeast Bank Contributes $5,000 to The Opportunity Alliance

Lewiston, Maine
March 28th, 2016

Northeast Bank announced today a $5,000 donation to The Opportunity Alliance. The donated funds will provide family literacy classes to the Parkside Neighborhood Center in Portland, as well as bolster the Work-Life Advisor Program, which aims to help individuals overcome barriers to employment.

Northeast Bank Contributes $5,000 to Community Concepts Inc.

Lewiston, Maine
February 23rd, 2016

Northeast Bank announced today a $5,000 donation to Community Concepts Inc. The donated funds will help provide free transportation to local families for non-critical medical appointments, as well as support the Community Concepts Finance Corporation Technical Assistance Program, which delivers one-on-one counseling to area small businesses.

Northeast Bank Donates $1,000 to District Exchange

Lewiston, Maine
February 8th, 2016

Northeast Bank announced today a $1,000 donation to District Exchange, an organization dedicated to supporting those in need throughout the Bethel-area. The Northeast Bank Bethel branch continues to serve as a year-round clothing drop location for this organization.

“District Exchange has a long history of success in bolstering needy families throughout Bethel.” said Jeanne A. Hulit, President of the Community Banking Division. “We are proud to continue our support of this important organization.”

Northeast Bancorp Reports Second Quarter Results, Declares Dividend

Lewiston, Maine
February 1st, 2016

Northeast Bancorp (“Northeast” or the “Company”) (NASDAQ: NBN), a Maine-based full-service financial services company and parent of Northeast Bank (the “Bank”), today reported net income of $1.7 million, or $0.18 per diluted common share, for the quarter ended December 31, 2015, compared to net income of $1.6 million, or $0.16 per diluted common share, for the quarter ended December 31, 2014.

Northeast Bank Donates $1,426”Dollar-for-Pound” to the Buckfield Food Pantry

Lewiston, Maine
January 29th, 2016

Northeast Bank announced today a $1,426 donation to support the Buckfield Food Pantry. The bank’s Buckfield branch held a door-to-door food drive in late 2015 which raised 1,426 pounds of food, resulting in a “dollar-for-pound” donation to support local food assistance efforts.

Northeast Bank Donates $1,500 to Sarah's House of Maine

Lewiston, Maine
January 22nd, 2016

Northeast Bank announced today a $1,500 donation to support Sarah’s House of Maine, a hospitality house that assists cancer patients and their caregivers as they receive treatment at the Lafayette Family Cancer Center.

“Sarah’s House is addressing an aspect of cancer care that often goes unnoticed,” said Jeanne A. Hulit, President of the Community Banking Division. “As we have all been affected by cancer in some way, the bank is honored to support their efforts to help ease the burden of those battling this disease.”

Jeanne Hulit Elected to National SBA Lender Association Board

Lewiston, Maine
January 5th, 2016

Northeast Bank (the “Bank”) announced today that Jeanne Hulit, President of the Bank’s Community Banking Division, was elected to the National Association of Government Guaranteed Lenders (NAGGL) Board of Directors. NAGGL is the only national trade association that serves the needs and represents the interests of the Small Business Administration (SBA) lending community, supporting their efforts to finance a wide variety of Main Street small business needs through the SBA’s primary loan program.

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