NORTHEAST BANCORP (NASDAQ:NBN) Files An 8-K Results of Operations and Financial Condition

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NORTHEAST BANCORP (NASDAQ:NBN) Files An 8-K Results of Operations and Financial Condition

Item 2.02

Results of Operations and Financial
Condition

On April 25, 2017, Northeast Bancorp, a Maine corporation (the
“Company”), issued a press release announcing its earnings for
the third quarter of fiscal 2017 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.

Item 9.01 Financial Statements and Exhibits
(c) Exhibits

Exhibit No.

Description

99.1

Press Release dated April 25, 2017


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.

NORTHEAST BANCORP (NASDAQ:NBN) Recent Trading Information

NORTHEAST BANCORP (NASDAQ:NBN) closed its last trading session up +0.35 at 16.75 with 40,375 shares trading hands.