Portland, Maine, January 08, 2026 – Northeast Bank (NASDAQ: NBN) has been named to the Piper Sandler Sm-All Stars Class of 2025, an elite list recognizing 24 of the top-performing small-cap banks and thrifts in the country.

To earn Sm-All Star designation, financial institutions must maintain a market capitalization under $2.5 billion and outperform industry medians across key performance metrics, including growth, profitability, credit quality, and capital strength. For this year’s analysis, Piper Sandler evaluated 316 banks and thrifts trading on major U.S. exchanges, ultimately selecting just 24 institutions for inclusion.

“Being named to the Sm-All Stars Class of 2025 reflects the successful execution of our business strategy and the dedication of our exceptional team,” said Rick Wayne, President and CEO of Northeast Bank. “I am incredibly proud of what our team has accomplished and their continued commitment to delivering strong, sustainable results for our shareholders and customers.”

About Northeast Bank

Northeast Bank (NASDAQ: NBN) is a bank headquartered in Portland, Maine. We offer personal and business banking services to the Maine market via seven banking centers. Our National Lending Division purchases and originates commercial loans on a nationwide basis and our SBA division originates government-guaranteed SBA loans on a nationwide basis. ableBanking, a division of Northeast Bank, offers online savings products to consumers nationwide. Information regarding Northeast Bank can be found at www.northeastbank.com.