Northeast Bank (the Bank) is a full-service financial institution. The Bank gathers retail deposits through its seven full-service branches in Maine and through its online deposit program, ableBanking; purchase and originate commercial loans, typically secured by real estate, on a nationwide basis through its National Lending Division, and originate loans through the Community Banking Division and Small Business Administration (SBA) National Division. The National Lending Division purchases primarily performing commercial real estate loans, on a nationwide basis, typically at a discount from their unpaid principal balances. The National Lending Division also originates commercial real estate and commercial and industrial loans on a nationwide basis. The SBA National Division originates loans to small businesses to help provide funding opportunities nationally. The Community Banking Division originates loans directly to businesses located in its market area.
Ticker SymbolNBN
Company nameNortheast Bank
IPO dateAug 19, 1987
CEOWayne (Richard N)
Number of employees211
Security typeOrdinary Share
Fiscal year-endAug 19
Address27 Pearl St
CityPORTLAND
Stock exchangeNASDAQ OMX - NASDAQ BASIC
CountryUnited States of America
Postal code04101
Phone12077863245
Websitehttps://www.northeastbank.com/
Ticker SymbolNBN
IPO dateAug 19, 1987
CEOWayne (Richard N)