Northeast Bank (Northeast Bank) Total Deposits : $2,129.7 Mil (As of Dec. 2023)

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What is Northeast Bank Total Deposits?

Northeast Bank's annual total deposits declined from Jun. 2021 ($1,862.4 Mil) to Jun. 2022 ($1,287.7 Mil) but then increased from Jun. 2022 ($1,287.7 Mil) to Jun. 2023 ($1,937.2 Mil).

Northeast Bank Total Deposits Historical Data

The historical data trend for Northeast Bank's Total Deposits can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Northeast Bank Total Deposits Chart

Northeast Bank Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Deposits

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942.37

1,012.35

1,862.43

1,287.69

1,937.21

Northeast Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Deposits	Get a 7-Day Free Trial															2,235.41	2,128.88	1,937.21	1,967.13	2,129.71

Northeast Bank Total Deposits Calculation

Total Deposits that banks' customers have in their accounts. This is an very important source of banks' liquidity.

When banks' customers flood to their banks to take their deposit out, it may be called "Bank Run", which may bring down a bank due to liquidity issues.

Northeast Bank (Northeast Bank) Business Description

Industry

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Traded in Other Exchanges

73K:Germany

Address

27 Pearl Street, Portland, ME, USA, 04101

Website

https://www.northeastbank.com

Northeast Bank provides banking and financial services to individual and corporate customers in the US. The firm conducts its loan-related activities through three primary channels: the Community Banking Division, the Loan Acquisition and Servicing Group, and the Small Business Administration Division. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, consumer loans and small business administration loans. The firm also provides telephone banking, online banking, mobile banking, and remote deposit capture services. The revenue of the company is derived primarily from interest and dividends from the bank.

Executives

Richard Wayne	director, officer: Chief Executive Officer	C/O CAPITAL CROSSING PREFERRED CORP, 101 SUMMER ST, BOSTON MA 02110
Jean-pierre Lapointe	officer: CFO / TREASURER	C/O NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240
Julie Jenkins	officer: SVP/Director of Operations	C/O NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240
David Allen Tanner	director	C/O ARLON GROUP LLC, 277 PARK AVE, NEW YORK NY 10172
Patrick D Dignan	officer: Executive Vice President	C/O NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240
Peter Walter Mcclean	director	C/O PNMAC CAPITAL MANAGEMENT, LLC, 27001 AGOURA ROAD, CALABASAS CA 91301
Magnolia Capital Fund, Lp	10 percent owner	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Magnolia Group, Llc	10 percent owner	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Adam K Peterson	10 percent owner	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Lindsay Wiedemann	officer: Corporate Controller	C/O NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240
Claire S Bean	officer: CFO and COO	C/O BENJAMIN FRANKLIN BANK, 58 MAIN STREET, P.O. BOX 309, FRANKLIN MA 02038-0309
Brian Pinheiro	officer: Chief Risk Officer	NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240-6594
Brian W. Shaughnessy	officer: Chief Financial Officer	NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240-6594
John C Orestis	director	NORTHEAST BANK, 500 CANAL STREET, LEWISTON ME 04240
William F. Difulvio	officer: Chief Risk Officer	NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240