Northeast Bank

Portland, ME
IDRSSD: 468806
Total Assets
$4.17B
Latest filing
Total Deposits
$3.30B
Latest filing
Net Interest Margin
4.68%
Profitability

Locations

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Main Office
Northeast Bank
27 Pearl St
Portland, ME 04101
Limited Service - Administrative
Updated 11/14/2025Established 02/05/1872FDIC Certificate 13489

Branches (8)

Page 1 of 2
NameAddressCity / State
Northeast Bank (Main)27 Pearl StPortland, ME
OXFORD HILL BRANCH235 Main StSouth Paris, ME
AUBURN BRANCH836 Center StreetAuburn, ME
AUGUSTA BRANCH235 Western AveAugusta, ME
186 MAIN STREET BRANCH186 Maine StBrunswick, ME
PORTLAND BRANCH27 Pearl StPortland, ME
BETHEL BRANCH11 Main StBethel, ME
POLAND BRANCH1399 Maine StPoland, ME
Showing 7 of 8

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date02/05/1872
Community BankNo
Ownership TypeNot Mutual
ZIP04101
State and County Number23005
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number01
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NamePortland-South Portland, ME

Operational Info

Number of Employees218
Domestic Offices9
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date11/17/2024
Date of Deposit Insurance03/16/1967
Primary Insurance AgencyDIF
Websitewww.northeastbank.com
Data Updated11/14/2025
CERT19690
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$4.17B
Total Deposits$3.30B
Total Liabilities$3.66B
Total Equity Capital$513.65M
Net Income$22.54M
Net Loans and Leases$3.72B
Assets Per Employee ($Millions)$19.05M
Bank Premises and Fixed Assets$24.19M
Cash and Balances due from Depository Institutions$341.82M
Deposits Held in Domestic Offices$3.30B

Key Performance Ratios

Return on Assets (ROA)2.13%
Return on Equity (ROE)17.89%
Net Interest Margin4.68%
Efficiency Ratio40.07%
Tier 1 Risk-Based Capital Ratio13.86%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.03%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets12.313%
Earning Assets to total Assets97.53%

Income and Expense

Total Interest Income$83.21M
Total Noninterest Income$4.63M
Total Interest Expense$35.02M
Total Noninterest Expense$21.17M
Net Interest Income$48.19M
Pre-tax Net Operating Income$31.37M
Provision for Credit Losses$288.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$1.28M
Other borrowed funds$335.42M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$27.21M
Total Liabilities and Capital$4.17B

Securities

Securities$13.67M
Available-for-sale debt securities$8.12M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Northeast Bank?
$4.17B as of the latest filing.
How much are Northeast Bank's total deposits?
$3.30B in total deposits.
Where is Northeast Bank located?
Portland, ME.
What is the Net Interest Margin?
4.68%.
How many domestic offices does it operate?
9.
When was it established?
02/05/1872.
What is the Return on Assets (ROA)?
2.13%.
How much are total loans and leases?
$3.72B (latest filing).
What is the total interest income (latest filing)?
$83.21M.