Northeast bancorp /me/ (NBN)
Balance Sheet / Quarterly
Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11
Assets
Cash and due from banks

2,507

2,416

2,668

3,889

3,621

2,515

3,528

3,582

3,559

2,586

3,574

2,459

4,025

3,485

2,979

2,789

2,496

2,626

2,313

3,372

2,677

2,948

2,849

3,238

2,936

3,284

3,341

2,538

2,609

3,005

3,517

3,227

Short-term investments

150,346

135,200

203,049

153,513

218,446

125,708

147,287

159,701

143,883

109,610

122,675

148,698

87,427

62,878

83,234

87,061

102,577

80,643

81,217

78,887

71,686

60,479

74,502

62,696

139,633

124,328

-

125,736

-

-

-

-

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

99,231

-

62,271

55,358

76,281

80,704

Total cash and cash equivalents

152,853

137,616

205,717

157,402

222,067

128,223

150,815

163,283

147,442

112,196

126,249

151,157

91,452

66,363

86,213

89,850

105,073

83,269

83,530

82,259

74,363

63,427

77,351

65,934

142,569

127,612

102,572

128,274

64,880

58,363

79,798

83,931

Available-for-sale securities, at fair value

76,938

78,132

79,157

81,068

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity securities, at fair value

6,819

6,711

6,620

6,619

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total investment securities

83,757

84,843

85,777

87,687

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Available-for-sale securities, at fair value

-

-

-

-

89,741

92,339

94,508

96,693

98,865

90,533

94,583

100,572

90,491

104,339

101,344

101,908

105,523

107,841

110,347

113,881

112,732

114,717

118,207

121,597

128,549

133,363

137,069

133,264

136,730

139,480

143,229

148,962

Residential real estate loans held for sale

1,276

1,510

1,940

3,405

2,686

5,515

7,106

4,508

1,424

5,217

4,623

6,449

3,475

7,592

5,366

7,093

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

SBA loans held for sale

-

289

1,350

3,750

1,853

818

2,400

191

3,210

3,762

2,630

1,070

1,880

0

-

1,942

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Residential real estate loans held for sale

1,276

1,510

1,940

3,405

2,686

5,515

7,106

4,508

-

-

-

6,449

-

-

5,366

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

SBA loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,170

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total loans held for sale

1,276

1,799

3,290

7,155

4,539

6,333

9,506

4,699

4,634

8,979

7,253

7,519

5,355

7,592

7,536

9,035

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,439

5,154

-

11,945

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,069

-

9,827

6,826

5,418

8,594

7,768

8,262

12,986

9,882

6,354

8,189

6,405

5,176

Residential real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

98,129

94,037

-

Commercial real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

299,898

-

-

-

-

-

-

-

-

162,999

130,422

-

Residential real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

153,972

-

-

-

-

-

-

-

-

-

-

-

Commercial and industrial

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49,554

-

-

-

-

-

-

-

-

-

-

-

Construction

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,280

2,079

-

Commercial business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,210

20,576

-

Consumer

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,828

-

-

-

-

-

-

-

-

65,441

69,302

-

Loans

961,653

938,286

887,196

871,802

816,429

774,190

759,584

779,195

741,728

766,938

721,418

692,436

699,070

679,436

625,842

612,137

579,193

575,335

541,799

516,416

514,252

501,709

483,486

435,376

380,311

392,583

375,193

356,254

345,777

347,059

316,416

309,913

Less: Allowance for loan losses

5,658

5,308

5,288

4,807

4,691

4,355

4,034

3,665

3,375

3,107

2,506

2,350

2,223

2,129

2,065

1,926

1,741

1,664

1,539

1,367

1,345

1,350

1,224

1,143

1,033

875

668

824

748

737

710

437

Loans, net

955,995

932,978

881,908

866,995

811,738

769,835

755,550

775,530

738,353

763,831

718,912

690,086

696,847

677,307

623,777

610,211

577,452

573,671

540,260

515,049

512,907

500,359

482,262

434,233

379,278

391,708

374,525

355,430

345,029

346,322

315,706

309,476

Premises and equipment, net

5,786

6,112

6,314

6,591

6,762

7,061

7,274

6,937

7,002

7,179

7,452

7,801

8,101

8,461

8,460

8,253

8,095

8,494

8,780

9,135

9,211

9,624

9,827

10,075

10,013

10,434

9,295

9,205

8,918

9,262

8,396

8,271

Real estate owned and other repossessed collateral, net

2,014

1,463

1,549

2,233

947

910

2,040

826

3,761

3,145

3,774

1,652

690

1,238

1,279

1,651

3,694

2,058

2,115

1,991

2,000

3,211

3,413

2,134

2,038

2,633

2,645

834

915

837

463

690

Accrued interest receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,068

1,751

-

1,659

1,761

1,566

1,244

Federal Home Loan Bank stock, at cost

1,258

1,652

1,652

1,652

1,758

1,758

1,938

1,938

1,938

1,938

2,408

2,408

2,571

2,571

4,102

4,102

4,102

4,102

4,102

4,102

-

-

-

-

-

4,602

4,602

-

4,602

4,889

4,889

4,889

Regulatory stock, at cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,721

5,721

5,721

5,721

5,121

-

-

5,473

-

-

-

-

Federal Reserve Bank stock, at cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

871

871

-

871

871

871

871

Intangible assets, net

542

649

758

867

975

1,082

1,191

1,300

1,408

1,514

1,623

1,732

1,840

1,947

2,078

2,209

2,338

2,467

2,632

2,798

2,962

3,124

3,334

3,544

3,751

3,957

4,222

4,487

4,749

5,012

5,348

13,133

Loan servicing rights, net

2,943

2,934

3,010

2,970

2,998

3,005

2,955

2,846

-

-

-

1,771

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bank-owned life insurance

16,948

16,839

16,729

16,620

16,510

16,402

16,291

16,179

16,065

15,953

15,839

15,725

15,612

15,499

15,387

15,276

15,165

15,055

14,945

14,836

14,726

14,619

14,502

14,385

14,266

14,148

14,418

14,295

14,171

14,047

13,921

13,794

Other assets

8,030

7,242

7,013

7,564

8,108

7,498

7,569

6,643

7,578

7,391

7,475

5,730

9,730

8,784

8,073

8,223

7,047

7,924

6,511

5,935

6,444

10,997

4,920

4,422

6,224

5,052

5,952

8,052

6,074

5,522

6,621

5,956

Total assets

1,231,402

1,194,127

1,213,717

1,157,736

1,166,143

1,034,446

1,049,637

1,076,874

1,027,046

1,012,659

985,568

986,153

922,689

894,101

858,249

850,718

832,928

810,035

782,291

761,931

750,893

732,625

724,955

670,639

699,577

704,710

670,908

669,196

594,952

594,555

587,213

596,393

Liabilities and Shareholders' Equity
Demand

76,003

68,324

67,500

72,272

66,054

71,054

74,731

69,827

72,369

76,721

74,249

66,686

60,573

64,087

62,687

60,383

50,870

51,920

52,698

50,140

43,294

47,015

50,392

46,425

46,783

48,136

47,071

45,323

41,613

43,682

45,361

48,215

Savings and interest checking

104,678

107,769

109,564

109,637

108,667

107,750

105,691

108,417

108,507

107,386

107,365

107,218

104,802

101,117

106,679

100,134

98,050

95,373

-

98,340

100,961

93,394

91,330

438,198

89,394

86,231

87,010

376,865

88,860

87,356

87,488

352,903

Savings and interest checking

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

96,814

-

-

-

-

-

-

-

-

-

-

-

-

-

Money market

296,720

345,149

398,423

420,886

490,236

352,237

380,992

374,569

347,658

319,933

302,079

275,437

234,142

208,324

182,690

168,527

163,004

144,523

103,054

83,901

86,735

88,156

85,855

-

83,129

58,351

48,896

-

45,589

43,353

44,914

-

Brokered time deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,905

4,915

-

Time

539,223

464,349

440,020

352,145

311,323

317,613

301,309

337,037

320,945

335,531

321,716

351,091

353,432

353,238

341,422

345,715

343,253

339,904

341,229

341,948

332,320

307,957

304,521

-

286,280

308,800

272,798

-

227,673

221,728

211,055

-

Total deposits

1,016,624

985,591

1,015,507

954,940

976,280

848,654

862,723

889,850

849,479

839,571

805,409

800,432

752,949

726,766

693,478

674,759

655,177

631,720

593,795

574,329

563,310

536,522

532,098

484,623

505,586

501,518

455,775

422,188

403,735

401,024

393,733

401,118

Federal Home Loan Bank advances

15,000

15,000

15,000

15,000

15,000

15,000

20,004

20,011

20,017

20,024

30,046

30,075

30,103

30,131

30,159

30,188

30,216

35,244

42,773

42,824

42,878

42,931

42,985

28,040

33,117

43,213

43,331

43,450

43,567

43,684

43,803

43,922

Wholesale repurchase agreements

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

10,037

10,077

10,117

10,158

10,199

10,240

15,290

15,343

25,397

25,518

25,637

35,821

66,183

66,636

67,089

67,548

68,008

Short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

2,753

2,426

2,479

2,349

2,861

2,775

3,804

2,984

2,585

2,468

1,970

625

2,360

1,570

484

1,209

1,836

1,744

1,009

2,515

Subordinated debt

24,217

24,128

24,043

23,958

23,873

23,790

23,705

23,620

23,544

23,469

23,393

23,331

-

-

-

8,626

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Junior subordinated debentures issued to affiliated trusts

-

-

-

-

-

-

-

-

-

-

-

-

8,771

8,723

8,674

-

8,578

8,530

8,485

8,440

8,396

8,352

8,310

8,268

8,227

8,186

8,146

8,106

8,066

8,029

7,992

7,957

Capital lease obligation

395

466

536

605

675

741

808

873

938

1,003

1,066

1,128

1,190

1,252

1,312

1,368

1,416

1,464

1,511

1,558

1,604

1,650

1,695

1,739

1,783

1,827

1,869

1,911

1,953

1,994

2,035

2,075

Other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,229

Other liabilities

21,978

20,451

15,240

24,803

16,528

16,258

15,685

19,723

14,393

13,650

14,101

14,596

12,397

10,190

8,443

10,664

12,116

9,262

8,523

9,531

7,872

11,029

8,708

8,145

7,249

7,828

6,625

7,010

4,289

5,091

4,905

3,615

Total liabilities

1,078,214

1,045,636

1,070,326

1,019,306

1,032,356

904,443

922,925

954,077

908,371

897,717

874,015

869,562

808,163

779,488

744,545

737,991

720,441

699,112

669,049

649,865

636,885

618,242

611,109

556,837

583,840

589,779

552,051

550,057

530,082

528,655

521,025

531,439

Commitments and contingencies

-

-

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Shareholders' equity
Preferred stock, $1.00 par value, 1,000,000 shares authorized; no shares issued and outstanding at March 31, 2019 and June 30, 2018

-

-

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

4

4

4

4

4

4

Warrants to purchase common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

406

-

406

406

406

406

Additional paid-in capital

77,732

77,455

77,075

77,016

76,926

76,805

76,709

77,455

77,249

77,046

76,765

83,020

82,983

84,525

84,937

85,506

87,348

87,404

90,809

90,914

93,371

93,230

93,081

92,745

92,556

92,570

96,215

96,359

50,129

49,982

49,841

49,700

Unearned restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

109

118

-

136

145

154

163

Retained earnings

68,274

63,535

58,501

54,236

49,981

45,855

42,641

38,142

34,204

30,830

27,818

26,160

24,055

22,340

20,693

18,921

16,968

15,314

13,836

12,294

11,856

12,358

11,904

12,524

13,260

12,534

12,236

12,235

11,601

11,846

11,841

11,726

Accumulated other comprehensive loss

-1,860

-1,548

-1,232

-1,761

-2,045

-1,596

-1,528

-1,632

-1,593

-1,765

-1,861

-1,906

-1,843

-1,772

-1,519

-1,288

-1,648

-1,641

-1,651

-1,283

-1,652

-1,638

-1,573

-1,914

-526

-447

-269

158

-641

300

743

-226

Total shareholders' equity

153,188

148,491

143,391

138,430

133,787

130,003

126,712

122,797

118,675

114,942

111,553

116,591

114,526

114,613

113,704

112,727

112,487

110,923

113,242

112,066

114,008

114,383

113,846

113,802

115,737

114,931

118,857

119,139

64,870

65,900

66,188

64,954

Total liabilities and shareholders' equity

1,231,402

1,194,127

1,213,717

1,157,736

1,166,143

1,034,446

1,049,637

1,076,874

1,027,046

1,012,659

985,568

986,153

922,689

894,101

858,249

850,718

832,928

810,035

782,291

761,931

750,893

732,625

724,955

670,639

699,577

704,710

670,908

669,196

594,952

594,555

587,213

596,393

Commercial Real Estate Portfolio Segment [Member]
Loans

641,157

572,712

-

525,479

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commercial Portfolio Segment [Member]
Loans

231,176

202,938

-

188,852

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Residential Portfolio Segment [Member]
Loans

86,754

92,566

-

100,256

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consumer Portfolio Segment [Member]
Loans

2,566

2,788

-

3,244

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Voting Common Stock [Member]
Common Stock

8,241

8,237

-

8,057

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Nonvoting Common Stock [Member]
Common Stock

801

812

-

882

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-