Company Information

  

Address: 500 CANAL ST  
City: LEWISTON 
State: ME 
Zip Code: 04240-6594 
Telephone: 207-786-3245 

Description of Business

Primary SIC Code: 6022
(As filed with the SEC)  

Northeast Bancorp, incorporated under Maine law in 1987, is a bank holding company, registered with the Board of Governors of the Federal Reserve System (the "Federal Reserve") under the Bank Holding Company Act of 1956, as amended. The Company's primary subsidiary and principal asset is its wholly-owned banking subsidiary, Northeast Bank (the "Bank" or "Northeast Bank"), a Maine state-chartered bank originally organized in 1872. On December 29, 2010, the merger of the Company and FHB Formation LLC (the "Merger"), a Delaware limited liability company ("FHB"), was consummated.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20192.060.01010.04

Key Financial Ratios and Statistics

FYE: 06/30

Profitability 2018 Leverage 2018
Net Inc/Comm Equity0.19Total Liab/Total Assets0.88
Net Inc/Total Assets0.01Total Liab/Inv Cap0.89
Net Inc/Inv Cap0.01Total Liab/Comm Equity11.86
Pretax Inc/Net Sales0.32Interest Coverage Ratio9.63
Net Inc/Net Sales0.22Curr Debt/Equity0.11
Cash Flow/Net Sales0.27LTD/EquityNA
SG&A/NetSales0.48Total Debt/Equity0.11
Asset Utilization   Liquidity  
Net Receivables TurnoverNAQuick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E8.26  

Income Statement (Millions)

  3/31/2019 12/31/2018 9/30/2018 6/30/2018
Total Revenues(Net Sales) 22.05 21.87 20.32 19.93
Cost of Goods Sold 4.45 3.98 3.68 2.90
Selling & Admin Exps 9.65 9.79 9.25 9.37
Operating Income NA NA NA NA
Interest Exp 0.70 0.70 0.73 0.67
Pretax Income 6.73 7.18 6.03 6.63
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 4.83 5.13 4.53 4.34

Balance Sheet (Millions)

Assets 3/31/2019 12/31/2018 9/30/2018 6/30/2018
Cash & Short Term Investments 237.87 224.11 293.15 246.74
Receivables - Total NA NA NA NA
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 7.80 7.58 7.86 8.82
Total Assets 1,231.40 1,194.13 1,213.72 1,157.74
Liabilities        
Accounts Payable NA NA NA NA
Debt in Current Liabilities 15.00 15.00 15.00 15.00
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 1,078.21 1,045.64 1,070.33 1,019.31
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 9.04 9.05 9.05 8.94
Retained Earnings 68.27 63.54 58.50 54.24
Treasury Stock NA NA NA NA
Total Stockholders' Equity 153.19 148.49 143.39 138.43
Total Liabilities and Stockholders' Equity 1,231.40 1,194.13 1,213.72 1,157.74

Cash Flow Summary (Millions)

Categories 3/31/2019 12/31/2018 9/30/2018 6/30/2018
Net Cash Provided by Operating Activities 7.81 9.79 -4.02 11.82
Net Cash Provided by Investing Activities -23.41 -47.81 -7.94 -54.85
Net Cash Provided by Financing Activities 30.83 -30.08 60.28 -21.63

Annual Summary Data (Millions)

Year Sales Net Income EPS
06/201443.242.69--
06/201551.687.14--
06/201655.017.62--
06/201767.6212.34--
06/201872.9216.17--
Growth Rates13.9656.54--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/19785,80364.50




Report Date : 10/14/2019

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