Vitals
  • Total Assets
    1.0B 13.3 %
  • Total Deposits
    855.4M 15.1 %
  • Total Net Loans
    772.7M 12.9 %
  • Net Income
    10.7M 14.9 %
  • Book Value
    129.6M 16.9 %
  • Book Value x2
    259.3M 16.9 %
  • Book Value x3
    388.9M 16.9 %
ROAA

1.116

ROAE

9.122

Efficiency Ratio

66.218

Net Interest Margin

4.633

Balance Sheet Highlights
Financial Highlights Northeast Bank All Insured Commercial Banks in Maine
Balance Sheet $(000)
Total Assets 1,012,347 1,371,452
Total Net Loans 772,707 943,770
Total Deposits 855,387 1,011,032
Total Equity 129,630 149,023
Profitability
Net Income 10,713 13,897
Return on Average Assets 1.116 .914
Return on Average Equity 9.122 8.184
Net Interest Margin 4.633 3.736
Efficiency Ratio 66.218 65.271
Noninterest Income/Revenue 14.925 16.663
Balance Sheet Ratios
Loan-to-Deposit 90.334 95.378
Securities/Assets .089 .224
Total Equity/Total Assets .128 .109
Tangible Equity/Tangible Assets .126 .096
Capital Adequacy
Tier 1 Common Capital 131,054 133,261
Tier 1 Capital 131,054 133,261
Tier 2 Capital 3,293 8,985
Total Capital 134,347 142,247
Total Risk Weighted Assets 776,780 913,417
Leverage Ratio 13.27 12.197
Common Equity Tier 1 Capital Ratio 16.87 17.273
Tier 1 Capital Ratio 16.87 17.273
Total Capital Ratio 17.3 18.294

Timeline for Northeast Bank

Northeast Bank Insurance Group

Northeast Bank Insurance Group became a new subsidiary organization for Northeast Bank.

View Profile Aug 30 2004

Cushnoc Bank And Trust Company

Acquisition: Northeast Bank acquired a new subsidiary, Cushnoc Bank And Trust Company, 26 years

View Profile Oct 25 1997

Brunswick Federal Savings, F.A.

Acquisition: Northeast Bank acquired a new subsidiary, Brunswick Federal Savings, F.A., 27 years

View Profile Jul 01 1996

Northeast Bancorp

Northeast Bancorp became a new parent organization for Northeast Bank.

View Profile Aug 07 1987

Northeast Bank

Northeast Bank was established 152 years ago and is currently headquartered in Lewiston, ME.

Feb 05 1872
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Cushnoc Bank And Trust Company Seller 21,715 Discontinued 10/25/1997
Brunswick Federal Savings, F.A. Seller 107,172 Discontinued 7/1/1996
Relationships Role Relationship Start Relationship End
Northeast Bancorp Parent 8/30/2004
Northeast Bancorp Parent 8/7/1987 8/29/2004
Northeast Bank Insurance Group Subsidary 6/30/2007
Northeast Bank Insurance Group Subsidary 8/30/2004 6/29/2007
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