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Friday, December 11, 2009, 11:03PM ET - U.S. Markets Closed. Dow Up 0.63% Nasdaq Down 0.03%
Northeast Bancorp (NBN)At 12:36PM ET: 8.58  Up 0.12 (1.42%)  
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Northeast Bancorp
500 Canal Street
Lewiston, ME 04240
United States - Map
Phone: 207-786-3245
Fax: 207-782-7230
Web Site: http://www.northeastbank.com

DETAILS 
Index Membership:N/A
Sector:N/A
Industry:N/A
Full Time Employees:228

BUSINESS SUMMARY 
Northeast Bancorp operates as the holding company for Northeast Bank, which provides various financial services to individuals and companies in western and south-central Maine. The company’s deposit products include demand deposit accounts, NOW accounts, savings accounts, money market accounts, certificates of deposit, and brokered time deposits. Its lending activities comprise origination and purchase of mortgages for the purpose of constructing, financing, or refinancing one-to-four family residential properties, and commercial properties. The company also provides various commercial loans, such as term loans, lines of credit, and equipment and receivables financing. In addition, it offers consumer loans for the purchase of automobiles, recreational vehicles, boats, second mortgages, home improvements, mobile home loans, home equity lines of credit, and personal and deposit account collateralized loans. Further, the company provides property and casualty insurance products; and investment brokerage services, including financial planning products and services. As of August 11, 2009, it operated 11 banking offices, 14 insurance offices, 3 investment centers, and 1 loan production office serving 7 counties in Maine and 2 in New Hampshire. The company was founded in 1872 and is headquartered in Lewiston, Maine.
Key Statistics

COMPANY WEBSITES 
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    CORPORATE GOVERNANCE 
    Northeast Bancorp's Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 84.7% of CGQ Universe companies and 73.4% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Jim Delamater , 57
    Chief Exec. Officer, Pres, Director, Member of Exec. Committee, Chief Exec. Officer of Northeast Bank FSB, Pres of Northeast Bank FSB of Northeast Bank FSB
    $ 325.00K $ 0
    Mr. Robert S. Johnson , 57
    Chief Financial Officer, Principal Accounting Officer, Chief Financial Officer of Northeast Bank, FSB and Principal Accounting Officer of Northeast Bank FSB
    $ 176.00K $ 0
    Mr. Marcel Blais , 50
    Chief Operating Officer and Chief Operating Officer of Northeast Bank FSB
    $ 163.00K $ 0
    Mr. Pender J. Lazenby , 59
    Chief Risk Officer, Sr. VP, Director, Chief Risk Officer of Northeast Bank FSB, Sr. VP of Northeast Bank FSB of Northeast Bank FSB
    $ 192.00K $ 0
    Ms. Leslie L. Couper ,
    Northeast Financial Division Mang.
    $ 133.00K $ 0
    Dollar amounts are as of 31-Dec-09 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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