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 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 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 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 (“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 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 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.”
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.
Northeast Bank (the “Bank”) announced today that Todd Zukowski, formerly of Key Bank N.A, has joined the Bank as Vice President Commercial Loan Officer and member of its Commercial Banking Team.
Todd comes to Northeast Bank with more than 25 years of banking experience within the Portland region, specializing in commercial lending services. Most recently, he served as Vice President, Relationship Manager at Key Bank N.A. Prior to this he served as Vice President, Private Banking for TD Banknorth in Portland.
Northeast Bank (the “Bank”) announced today that Pauline Chouinard, formerly of the Maine Department of Health and Human Services (DHHS), has joined the Bank as Branch Manager of its Auburn branch.
Pauline comes to Northeast Bank with more than 22 years of banking experience, including 11 years as Branch Manager for Bangor Savings Bank. She joins the bank after a six year stretch as Staff Development Officer for DHHS, where she coordinated training programs, facilitated onboarding of new employees, and coached managers.