NORTHEAST BANCORP (OTCMKTS:NECB) Files An 8-K Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security
Holders.

On November 22, 2016, Northeast Bancorp (the Company or
Northeast) held its 2016 annual meeting of shareholders. At the
annual meeting, the shareholders elected each of John C. Orestis,
David A. Tanner and Judith E. Wallingford as a director for a
term of three years and until their respective successors are
duly elected and qualified. In addition, the shareholders (i)
approved, on an advisory, non-binding basis, the compensation of
Northeasts named executive officers; and (ii) ratified the
appointment of RSM US LLP as Northeasts independent registered
public accounting firm for the fiscal year ending June 30, 2017.

The voting results of each of the proposals submitted at the 2016
annual meeting of shareholders are set forth below:

1. To elect the three nominees named in the proxy statement as
Class III directors, each to serve for a three-year term and
until their respective successors are duly elected and qualified:

2. To approve, on an advisory, non-binding basis, the
compensation of Northeasts named executive officers:

3. To ratify the appointment of RSM US LLP as Northeasts
independent registered public accounting firm for the fiscal year
ending June 30, 2017:

About NORTHEAST BANCORP (OTCMKTS:NECB)

NorthEast Community Bancorp, Inc. is the holding company for NorthEast Community Bank (the Bank). The Bank is a community-oriented financial institution offering traditional financial services to consumers and businesses in its market area. The Bank is principally engaged in the business of attracting deposits and investing those funds into mortgage and commercial loans. The Bank offers a range of banking products and services, including mobile banking, as well as commercial real estate loans, commercial construction financing, lines of credit and term loans. Its business banking services include remote deposit, online banking and bill payment, online financial management tools, automated clearing house (ACH) services, business checking, sweep accounts, overdraft protection, and wealth management services. The Bank also offers investment advisory and financial planning services under the name Hayden Wealth Management Group, a division of the Bank.

NORTHEAST BANCORP (OTCMKTS:NECB) Recent Trading Information

NORTHEAST BANCORP (OTCMKTS:NECB) closed its last trading session up +0.12 at 7.27 with 7,963 shares trading hands.