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Northeast Bancorp Reports Strong First Quarter Results; Increase of 94%

Lewiston, Maine
October 18th, 2010

Northeast Bancorp (NASDAQ: NBN), a Maine-based full-service financial services company and parent of Northeast Bank (www.northeastbank.com), today announced first quarter net income for the period ended September 30, 2010 of $960,691, an increase of 94% over net income of $495,669 for the same period in the previous fiscal year.

Northeast Bancorp Reports Second Quarter Results

Lewiston, Maine
February 2nd, 2011

Northeast Bancorp (NASDAQ: NBN), a Maine-based full-service financial services company and parent of Northeast Bank (www.northeastbank.com), today reported operating results for its fiscal second quarter ended December 31, 2010. Results include the effect of the accounting treatment for the merger of Northeast Bancorp (“Northeast” or the “Company”) and FHB Formation LLC (“FHB”), which was consummated on December 29, 2010.

Northeast Bank Earnings Continue to Climb for 3rd Qtr and Year-to-Date

Lewiston, Maine
April 20th, 2010

Northeast Bancorp (NASDAQ: NBN), a Maine-based full-service financial Company and parent of Northeast Bank (https://www.northeastbank.com), announced net income was $530,632, or $0.20 per diluted share, for its third quarter ended March 31, 2010, an increase of 37% compared to the $387,370, or $0.14 per diluted share, earned for the quarter ended March 31, 2009. Qtr and Year-to-date

Northeast Bancorp Announces Quarterly, Year End Earnings

Lewiston, Maine
August 11th, 2010

Northeast Bancorp (NASDAQ: NBN), a Maine-based full-service financial services company and parent of Northeast Bank (www.northeastbank.com), today announced fourth quarter net income of $43,058, or ($0.01) per diluted common share, and net income of $1,718,672, or $0.63 per diluted common share, for the fiscal year ended June 30, 2010.

Northeast Bancorp Reports Third Quarter Results, Declares Dividend

Lewiston, ME
May 5th, 2011

Northeast Bancorp (“Northeast” or the “Company”) (NASDAQ: NBN), a Maine-based full-service financial services company and parent of Northeast Bank (www.northeastbank.com), today reported net income of $156,000 or $0.02 per common share for the quarter ended March 31, 2011.

Northeast Bank hires Heidi Jacques as New Director of Human Resources, Auburn resident brings 22 years of industry experience to key position

Lewiston, ME
May 25th, 2011

Northeast Bank announced today the hiring of Heidi Jacques as VP and Director of Human Resources.

Jacques will be based at the company’s Lewiston headquarters and will serve as a member of the senior management team, overseeing all aspects of human resources including talent management, compensation, employee benefits, and training. Jacques will work with hiring managers and the local community to communicate job opportunities and support employee growth.

Jennifer Stonehouse Joins Northeast Bank’s Team of Mortgage Loan Officer’s

Alfred, ME
June 13th, 2011

Northeast Bank announces the hiring of Jennifer Stonehouse as a Mortgage Loan Officer located at 7 Saco Road in Alfred.  Jennifer will be helping York County residents secure the right loan product to meet their financial needs when purchasing or refinancing a home.

Northeast Bank has been growing their mortgage division over the past year, creating new jobs to meet the demand for mortgages and serve buyers and sellers throughout southern Maine and seacoast New Hampshire.

Northeast Bancorp Reports Fourth Quarter Results, Declares Dividend

Lewiston, ME
August 1st, 2011

Northeast Bancorp (“Northeast” or the “Company”) (NASDAQ: NBN), a Maine-based full-service financial services company and parent of Northeast Bank, today reported net income of $561,000 or $0.13 per diluted common share for the quarter ended June 30, 2011, which includes the effect of certain one-time gains described below.

Northeast Bank names Christopher Bouchard as New Customer Contact Center Manager

Lewiston, ME
August 4th, 2011

Northeast Bank announced today the appointment of Christopher Bouchard as Assistant Vice President and Customer Contact Center Manager.

Bouchard will be based at Northeast Bank’s Lewiston headquarters, managing the growth of the Bank’s Customer Contact Center, which will support new and existing business initiatives designed to enhance the customer experience.  Northeast’s Customer Contact Center will be adding several new jobs in the Lewiston facility before year end.

Northeast Bank Supports Mahoosuc Kids Association

Bethel, ME
August 12th, 2011

Northeast Bank announced today its support of the Mahoosuc Kids Association with a $1,100 donation to its annual Summer Adventure Program. Local bank representatives partnered with Mahoosuc Kids staff members during the recent Mollyocket Days festival, in an effort to support the effort to provide affordable child care services for area residents. 

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