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Northeast Bancorp (NBN)

NASDAQ Global Market - NASDAQ Global Market Delayed Price. Currency in USD
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20.90+0.05 (+0.24%)
At close: 4:00PM EDT
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Northeast Bancorp

500 Canal Street
Lewiston, ME 04240
United States
207-786-3245
http://www.northeastbank.com

SectorFinancial
IndustryRegional - Northeast Banks
Full Time Employees

Key Executives

NameTitlePayExercisedAge
Mr. Richard WayneCEO, Pres and DirectorN/AN/A65
Mr. Brian W. ShaughnessyCFO, Treasurer, CFO of Northeast Bank and Treasurer of Northeast BankN/AN/A34
Mr. Brian PinheiroChief Risk Officer and Chief Risk Officer of Northeast Bank282.27kN/A35
Ms. Claire S. BeanChief Operating Officer and Chief Operating Officer of Northeast BankN/AN/A65
Ms. Heidi JacquesSr. VP, Director of HR, Sr. VP of Northeast Bank and Director of HR - Northeast BankN/AN/AN/A
Amounts are as of December 31, 2016 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. Currency in USD.

Description

Northeast Bancorp operates as the bank holding company for Northeast Bank that provides banking and financial services to individual and corporate customers in the United States. The company’s deposit products include noninterest-bearing demand deposit, NOW, money market, and savings accounts, as well as certificate of deposit. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial business loans, such as term loans, lines of credit, and equipment and receivables financing; consumer loans comprising automobile, boat, and recreational vehicle loans; and construction loans. In addition, the company provides telephone banking, Internet banking, Internet bill payment, remote deposit capture, and cash management services. As of September 30, 2015, it operated 10 full-service branches and 2 loan production offices. The company was formerly known as Bethel Bancorp, Inc. and changed its name to Northeast Bancorp in 1996. Northeast Bancorp was founded in 1872 and is headquartered in Lewiston, Maine.

Corporate Governance

Northeast Bancorp’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.