Northeast Bank (FRA:73K)

Northeast Bank Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Interest Income on Loans	318.58	306.96	242.72	168.89	87.59	76.92
Interest Income on Investments	19.24	18.58	15.16	8.28	0.94	1.21
Total Interest Income	337.81	325.54	257.89	177.17	88.54	78.13
Interest Paid on Deposits	124.87	121.98	88.39	48.08	4.53	8.87
Interest Paid on Borrowings	16.07	16.19	20.92	10.3	0.58	2.17
Total Interest Expense	140.94	138.17	109.31	58.38	5.11	11.04
Net Interest Income	196.88	187.37	148.57	118.8	83.42	67.09
Net Interest Income Growth (YoY)	21.57%	26.12%	25.06%	42.40%	24.35%	3.23%
Gain (Loss) on Sale of Investments	0.17	0.12	-0	-0.21	-0.51	-0.1
Other Non-Interest Income	2.35	2.18	2.62	4.87	24.72	25.8
Total Non-Interest Income	23.03	25.46	5.88	5.16	24.45	72.03
Non-Interest Income Growth (YoY)	68.08%	332.94%	13.91%	-78.88%	-66.06%	446.37%
Revenues Before Loan Losses	219.91	212.83	154.45	123.96	107.87	139.12
Provision for Loan Losses	6.82	8.74	1.77	2.3	-2.46	-1.4
Revenue	213.09	204.09	152.68	121.66	110.33	140.52
Revenue Growth (YoY)	23.79%	33.67%	25.51%	10.26%	-21.48%	90.73%
Salaries and Employee Benefits	43.92	41.21	36.31	32.3	29.27	21.45
Occupancy Expenses	4.63	4.55	4.27	4.21	3.56	2.23
Federal Deposit Insurance	1.85	2.37	1.26	1.22	0.4	0.28
Selling, General & Administrative	16.68	15.95	13.99	11.9	9.04	9.52
Other Non-Interest Expense	17.31	14.41	8.89	7.1	6.34	6.21
Total Non-Interest Expense	84.39	78.48	64.73	56.73	48.6	39.69
EBT Excluding Unusual Items	128.7	125.6	87.96	64.93	61.73	100.83
Asset Writedown	0.09	0.09	0.16	0.29	-0.18	0.26
Pretax Income	128.79	125.7	88.12	65.22	61.55	101.09
Income Tax Expense	41.61	42.25	29.89	21.03	19.39	29.59
Net Income	87.18	83.44	58.23	44.19	42.16	71.5
Net Income to Common	87.18	83.44	58.23	44.19	42.16	71.5
Net Income Growth	27.17%	43.30%	31.78%	4.80%	-41.03%	214.48%
Basic Shares Outstanding	8	8	8	7	8	8
Diluted Shares Outstanding	8	8	8	7	8	8
Shares Change (YoY)	5.53%	7.79%	3.57%	-6.18%	-5.47%	-7.02%
EPS (Basic)	10.56	10.31	7.69	6.02	5.40	8.64
EPS (Diluted)	10.36	10.08	7.58	5.96	5.34	8.55
EPS Growth	20.54%	32.98%	27.18%	11.61%	-37.54%	237.94%
Dividend Per Share	0.040	0.040	0.040	0.040	0.040	0.040
Effective Tax Rate	32.31%	33.62%	33.92%	32.24%	31.50%	29.27%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.