NBN - Northeast Bank

NasdaqGM - NasdaqGM Real Time Price. Currency in USD

Northeast Bank

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

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees167

Key Executives

NameTitlePayExercisedYear Born
Mr. Richard N. WaynePres, CEO & Director1.01MN/A1952
Mr. Jean-Pierre L. Lapointe CPACFO & Treasurer327.65kN/A1982
Ms. Julie A. JenkinsSr. VP & Director of Operations357.2k159.33k1964
Mr. Brian Pinheiro CPAChief Risk Officer346.31kN/A1982
Mr. Patrick DignanExec. VP717.29kN/A1963
Amounts are as of December 31, 2018 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 Bank provides personal and business banking services to the Maine market in the United States. The company's deposit products include noninterest-bearing demand deposit, savings, NOW accounts, and money market accounts, as well as certificate of deposit accounts. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, such as term loans, lines of credit and equipment, and receivables financing; consumer loans comprising automobile, boat, and recreational vehicle loans; and small business administration loans. In addition, the company offers telephone banking, online banking and bill payment, mobile banking, and remote deposit capture services, as well as debit card, ATM, electronic transfer, and check services. As of May 17, 2019, it provided personal and business banking services through 10 branches. Northeast bank was founded in 1872 and is headquartered in Lewiston, Maine.

Corporate Governance

Northeast Bank’s ISS Governance QualityScore as of June 25, 2019 is 5. The pillar scores are Audit: 2; Board: 2; Shareholder Rights: 7; Compensation: 6.

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.