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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. 

Northeast Bancorp Insurance Division acquired by Maine agency, and local management

Lewiston, ME
August 31st, 2011

Northeast Bancorp (NASDAQ: NBN) (“Northeast” or the “Company”) announced today that its insurance division – Northeast Bank Insurance Group – has been acquired by local agencies in two separate transactions, effective September 1, 2011. The Varney Agency, of Bangor, Maine, will purchase the assets of nine Northeast Bank insurance offices which cover southern, central, and western Maine.

Northeast Bancorp Reports First Quarter Results, Declares Dividend

Lewiston, ME
October 28th, 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 $529,000 or $0.12 per diluted common share for its fiscal 2012 first quarter ended September 30, 2011.

The Board of Directors has declared a cash dividend of $0.09 per share, payable on November 28, 2011 to shareholders of record as of November 14, 2011.

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