NORTHEAST BANCORP (NASDAQ:NBN) Files An 8-K Results of Operations and Financial ConditionItem 2.02
Results of Operations and Financial Condition
On January 29, 2018, Northeast Bancorp, a Maine corporation (the "Company"), issued a press release announcing its earnings for the second quarter of fiscal 2018 and declaring the payment of a dividend. The full text of this press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
The information contained herein, including the exhibit attached hereto, is furnished to Item 2.02 of this Form 8-K and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section. Further, the information in this report (including the exhibits hereto) are not to be incorporated by reference into any of the Company's filings with the Securities and Exchange Commission, whether filed prior to or after the furnishing of these certificates, regardless of any general or specific incorporation language in such filing.
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Item 9.01 |
Financial Statements and Exhibits |
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99.1 |
Press Release dated January 29, 2018 |
NORTHEAST BANCORP /ME/ ExhibitEX-99.1 2 ex_103804.htm EXHIBIT 99.1 ex_103804.htm Exhibit 99.1 FOR IMMEDIATE RELEASE For More Information: Jean-Pierre Lapointe,…To view the full exhibit click here
About NORTHEAST BANCORP (NASDAQ:NBN)
Northeast Bancorp is a bank holding company. The Company’s banking subsidiary is Northeast Bank (the Bank). The Company provides a range of banking services to individual and corporate customers throughout south-central and western Maine and conducts loan purchasing and origination activities nationwide through its subsidiary. The Company conducts its loan-related activities through three primary channels: the Community Banking Division, the Loan Acquisition and Servicing Group (LASG), and the Small Business Administration (SBA) Division. It offers various loans, such as commercial and industrial loans, consumer loans, multi-family and other commercial real estate loans, and residential loans. It originates residential mortgage loans secured by one- to four-family properties throughout Maine, southern New Hampshire, and Massachusetts. Its deposit products consist of demand deposit, negotiable order of withdrawal (NOW), money market, savings and certificate of deposit accounts.