Northeast Bank
| RSSD ID 468806 | CERTIFICATE 19690 | ABA NUMBER 211274557 | ||
| 27 Pearl St | Quarter Ended : | 2024-06-30 |
| Portland, Maine, 4101 | Updated : | 2024-08-19 |
| www.northeastbank.com | Updates : | |
| Institution Profile | |||
| Year Opened : | 1872 | Institution Type : | Commercial bank |
| Entity Type : | State | Federal Regulator : | FDIC |
| Member Federal Reserve : | No | S-Corp : | No |
| Fiduciary Powers : | Yes | Powers Exercised : | No |
| Filing Type : | 051 | ||
| Specialization : | Commercial Lending Specialization | ||
| Number of Offices : | 9 | Number of Employees : | 200 |
| Financial Reports | |||
| RC - Balance Sheet Report | | ||
| RI - Income Statement Report | | ||
| :· All Financial Reports . | |||
| Financial Fast Facts | ||||
| Balance Sheet (USD, in thousands) | Income Statement (USD, in thousands, ytd) | |||
| Total Assets | 3,132,203 | Total Interest Income | 131,057 | |
| Total Liabilities | 2,755,569 | Total NonInterest Income | 3,757 | |
| Total Bank Equity Capital | 376,634 | Total Interest Expense | 56,609 | |
| Total Deposits | 2,362,286 | Total NonInterest Expense | 33,637 | |
| Net Loans & Leases | 2,734,448 | Net Income | 29,004 | |
| Loan Loss Allowance | 26,709 | Net Charge Offs | 3,594 | |
| Regulatory Capital | Quarterly Averages (USD, in thousands) | |||
| Total capital | 403,256 | Total loans | 2,673,108 | |
| Total assets for the leverage ratio | 3,059,927 | Loans secured by real estate: | 2,078,455 | |
| Tier 1 Leverage Ratio | 12.3 | Commercial and industrial loans | 54,492 | |
| Tier 1 Capital Ratio | 13.84 | Loans to individuals - Credit Cards | 0 | |
| Total Capital Ratio | 14.82 | Loans to individuals - Other | 287 | |