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  September 5, 2001
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Home > Company Index > Banking > Banking - Northeast > Northeast Bancorp

Northeast Bancorp
AMEX: NBN
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 PROFILE
Northeast Bancorp is the holding company for Northeast Bank, which operates about a dozen branches in western and central Maine. Founded in 1872, the bank targets individuals and local business customers by offering such standard retail services as checking and savings accounts, NOW and money market accounts, and certificates of deposit. It also offers trust services. The company's loan program consists of residential mortgages (more than half of its portfolio) and commercial real estate, construction, consumer, business, and other loans. Northeast Financial Services, a subsidiary of the bank, offers financial planning services, including insurance, securities, and annuities.

 COMPETITION
Banknorth Group, Inc. (BKNG)
FleetBoston Financial Corporation (FBF)
KeyCorp (KEY)

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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 34.90
1-Yr. Sales Growth: 17.9%
Employees: 158
Revenue per employee: $220,886.08

 KEY PEOPLE
• James D. Delamater
    CEO
• Richard E. Wyman
    CFO

 CONTACT INFO
232 Center St.
Auburn, ME 04210
US
Phone: 207-777-6411
Fax: 207-777-5936

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