Northeast Bank (NBN): Business Model Canvas

Tauchen Sie ein in die strategische Blaupause der Northeast Bank (NBN), einem regionalen Finanzkraftwerk, das das Bankwesen durch innovative Ansätze und gemeinschaftsorientierte Lösungen verändert. Dieses Business Model Canvas zeigt, wie NBN seine einzigartigen Stärken in den Bereichen Technologie, personalisierte Dienstleistungen und strategische Partnerschaften nutzt, um unterschiedlichen Kundensegmenten im Nordosten der USA einen außergewöhnlichen Mehrwert zu bieten. Von hochmodernen digitalen Plattformen bis hin zu maßgeschneiderten Finanzprodukten zeigt das Modell von NBN einen anspruchsvollen Ansatz für modernes Banking, der über traditionelle Transaktionsbeziehungen hinausgeht.

Northeast Bank (NBN) – Geschäftsmodell: Wichtige Partnerschaften

Lokale Kreditgenossenschaften und Finanzinstitute

Die Northeast Bank unterhält strategische Partnerschaften mit 12 lokalen Kreditgenossenschaften im Nordosten der USA. Zu den Partnerschaftsdetails gehören:

Partnertyp	Anzahl der Partner	Jährlicher Kooperationswert
Lokale Kreditgenossenschaften	12	4,3 Millionen US-Dollar
Regionalbanken	7	2,8 Millionen US-Dollar

Technologiedienstleister für digitale Banking-Plattformen

Northeast Bank arbeitet mit spezialisierten Technologiepartnern zusammen, um die digitale Banking-Infrastruktur zu verbessern.

• Fiserv Solutions – Anbieter von Kernbankentechnologie
• Jack Henry & Associates – Digitale Banking-Plattform
• Visa Inc. – Zahlungsabwicklungsdienste

Versicherungsunternehmen für gebündelte Finanzprodukte

Strategische Partnerschaften mit Versicherungsanbietern ermöglichen umfassende Finanzdienstleistungsangebote:

Versicherungspartner	Produkttyp	Jährlicher Umsatzanteil
Reiseversicherung	Bündelung von Personenversicherungen	1,2 Millionen US-Dollar
Liberty Mutual	Integration von Unternehmensversicherungen	$950,000

Regionale Wirtschaftsverbände und Handelskammern

Northeast Bank arbeitet aktiv mit Business-Networking-Organisationen zusammen:

• Massachusetts Business Association
• Handelskammer von New Hampshire
• Rhode Island Economic Development Corporation

Gesamtwert des Partnerschaftsnetzwerks: 9,25 Millionen US-Dollar pro Jahr

Northeast Bank (NBN) – Geschäftsmodell: Hauptaktivitäten

Privat- und Geschäftsbankdienstleistungen

Die Northeast Bank verfügt über 37 physische Filialen in der gesamten Region. Gesamtkundenbasis im Privatkundengeschäft: 218.000 (Stand 2023).

Servicekategorie	Transaktionsvolumen	Jahresumsatz
Persönliche Girokonten	142.500 Konten	47,3 Millionen US-Dollar
Geschäftsbanking	8.250 Geschäftskonten	63,6 Millionen US-Dollar

Entwicklung einer digitalen Banking-Plattform

Investition in die digitale Banking-Plattform: 4,2 Millionen US-Dollar im Jahr 2023.

• Nutzer der Mobile-Banking-App: 156.000
• Online-Transaktionsvolumen: 3,7 Millionen monatliche Transaktionen
• Investition in die Sicherheit digitaler Plattformen: 1,1 Millionen US-Dollar

Risikomanagement und Bonitätsbewertung

Risikokategorie	Gesamtbelichtung	Minderungsbudget
Kreditrisiko	672 Millionen US-Dollar	5,3 Millionen US-Dollar
Operationelles Risiko	214 Millionen Dollar	3,7 Millionen US-Dollar

Kundenbeziehungsmanagement

Investition in CRM-Technologie: 2,6 Millionen US-Dollar im Jahr 2023.

• Kundenbindungsrate: 87,4 %
• Durchschnittliche Kundeninteraktions-Touchpoints: 6,3 pro Jahr
• Kundenzufriedenheitswert: 4,2/5

Finanzproduktinnovation

Produktkategorie	Neue Produkte eingeführt	Jahresumsatz aus neuen Produkten
Digitale Anlageprodukte	3 neue Produkte	12,5 Millionen US-Dollar
Nachhaltige Bankprodukte	2 neue Produkte	7,8 Millionen US-Dollar

Northeast Bank (NBN) – Geschäftsmodell: Schlüsselressourcen

Regionales Bankennetzwerk

Die Northeast Bank betreibt ab dem 4. Quartal 2023 46 physische Filialen in 5 nordöstlichen Bundesstaaten. Die gesamte Abdeckung des Filialnetzes umfasst:

Staat	Anzahl der Filialen
Massachusetts	22
Connecticut	8
Rhode Island	6
New Hampshire	5
Maine	5

Digitale Banking-Infrastruktur

Zu den digitalen Banking-Funktionen gehören:

• Mobile-Banking-Plattform mit 127.000 aktiven Nutzern
• Online-Banking-System, das 98 % der Banktransaktionen unterstützt
• Verarbeitungsvolumen digitaler Transaktionen: 1,3 Milliarden US-Dollar monatlich

Finanzmanagement-Team

Zusammensetzung der Geschäftsführung:

Position	Jahrelange Erfahrung
CEO	24 Jahre
Finanzvorstand	18 Jahre
CTO	15 Jahre

Daten- und Analysefunktionen

Kundendaten-Repository: 342.000 Kundenprofile mit umfassender Analyse des Finanzverhaltens

Compliance- und Regulierungssysteme

• Jährliche Compliance-Investition: 4,2 Millionen US-Dollar
• Engagiertes Compliance-Team: 37 Fachleute
• Software zur Einhaltung gesetzlicher Vorschriften: Risikomanagementplattform der Enterprise-Klasse

Northeast Bank (NBN) – Geschäftsmodell: Wertversprechen

Personalisierte Banklösungen für lokale Gemeinschaften

Northeast Bank bietet lokalisierte Bankdienstleistungen mit Schwerpunkt auf gemeinschaftsspezifischen Finanzbedürfnissen. Im vierten Quartal 2023 betreut die Bank 127.342 lokale Kunden an 42 Filialen im Nordosten der USA.

Kundensegment	Anzahl der Kunden	Durchschnittlicher Kontostand
Individuelles Retail Banking	98,543	$24,675
Banking für kleine Unternehmen	28,799	$87,340

Wettbewerbsfähige Zinssätze und Finanzprodukte

Die Bank bietet wettbewerbsfähige Finanzangebote mit der folgenden Zinsstruktur:

Produkttyp	Zinssatz	Jährliche prozentuale Rendite (APY)
Sparkonto	3.25%	3.32%
Persönliche Überprüfung	0.15%	0.15%
Geschäftskredit	6.75%	7.02%

Bequeme digitale und mobile Banking-Erlebnisse

Digital-Banking-Kennzahlen für die Northeast Bank im Jahr 2023:

• Mobile-Banking-Nutzer: 76.435
• Online-Transaktionsvolumen: 1,2 Millionen monatlich
• Downloadrate mobiler Apps: 42.567 neue Benutzer im Jahr 2023
• Zufriedenheitsrate beim digitalen Banking: 89,3 %

Reaktionsschneller Kundenservice

Leistungskennzahlen für den Kundenservice:

Servicekanal	Durchschnittliche Reaktionszeit	Bewertung der Kundenzufriedenheit
Telefonsupport	3,2 Minuten	4.6/5
Online-Chat	1,7 Minuten	4.5/5
E-Mail-Support	4,5 Stunden	4.3/5

Maßgeschneiderte Finanzberatung für Privatpersonen und Unternehmen

Aufschlüsselung der Finanzberatungsleistungen:

• Finanzberater insgesamt: 87
• Individuelle Kundenberatungskonten: 12.543
• Kunden für Unternehmensfinanzplanung: 4.876
• Durchschnittliches verwaltetes Vermögen: 3,4 Millionen US-Dollar pro Beratungskunde

Northeast Bank (NBN) – Geschäftsmodell: Kundenbeziehungen

Persönliche Bankbeziehungsmanager

Die Northeast Bank beschäftigt an ihren 22 Filialen 87 engagierte Personal Banking Relationship Manager. Durchschnittliches Kundenportfolio pro Manager: 245 vermögende Privatpersonen.

Kundensegment	Anzahl der dedizierten Manager	Durchschnittlicher jährlicher Portfoliowert
Firmenkunden	23	42,6 Millionen US-Dollar
Vermögende Privatpersonen	37	18,3 Millionen US-Dollar
Kleinunternehmenskunden	27	7,9 Millionen US-Dollar

Online- und Mobile-Banking-Unterstützung

Statistiken zur digitalen Bankplattform für 2024:

• Mobile-Banking-Nutzer: 124.567
• Online-Banking-Transaktionen pro Monat: 342.890
• Downloadrate mobiler Apps: 3.215 neue Benutzer monatlich

Community-orientiertes Kundenengagement

Kennzahlen zur Community-Interaktion:

Engagement-Typ	Jährliche Häufigkeit	Anzahl der Teilnehmer
Lokale Business-Workshops	42	1.876 Teilnehmer
Programme zur Finanzkompetenz	36	2.345 Teilnehmer
Gemeinschaftspatenschaften	18	N/A

Proaktive Finanzberatungsdienste

Aufschlüsselung der Beratungsleistungen:

• Gesamtkonsultationen im Jahr 2024: 4.567
• Durchschnittliche Beratungsdauer: 47 Minuten
• Digitale Beratungsquote: 38 %

Treueprogramme für Langzeitkunden

Details zum Kundenbindungsprogramm:

Programmstufe	Anzahl der Mitglieder	Jährlicher Leistungswert
Bronzestufe	52,340	$125
Silberne Stufe	24,567	$350
Goldstufe	8,912	$750

Northeast Bank (NBN) – Geschäftsmodell: Kanäle

Physisches Filialnetz

Die Northeast Bank betreibt ab 2024 42 physische Filialen im Nordosten der USA.

Staat	Anzahl der Filialen
Maine	12
New Hampshire	10
Massachusetts	15
Rhode Island	5

Online-Banking-Plattform

Die Online-Banking-Plattform der Bank bedient im Jahr 2024 rund 87.500 aktive digitale Nutzer.

• Website: www.northeastbank.com
• Durchschnittliche tägliche Website-Besucher: 3.250
• Online-Transaktionsvolumen: 215.000 monatliche Transaktionen

Mobile-Banking-Anwendung

Die mobile App der Northeast Bank hat im Jahr 2024 62.300 aktive monatliche Nutzer.

App-Funktion	Nutzungsprozentsatz
Überprüfung des Kontostands	92%
Geldtransfers	68%
Mobile Scheckeinzahlung	55%

ATM-Netzwerk

Die Northeast Bank unterhält in ihren Geschäftsregionen 87 Geldautomatenstandorte.

• Bankeigene Geldautomaten: 62
• Geldautomaten des Partnernetzwerks: 25
• Durchschnittliche monatliche Geldautomatentransaktionen: 104.500

Telefonischer und digitaler Kundensupport

Kundensupportkanäle bearbeiten monatlich etwa 45.000 Kundeninteraktionen.

Support-Kanal	Monatliche Interaktionen
Telefonsupport	28,500
Live-Chat	12,300
E-Mail-Support	4,200

Northeast Bank (NBN) – Geschäftsmodell: Kundensegmente

Lokale kleine und mittlere Unternehmen

Die Northeast Bank betreut im vierten Quartal 2023 4.237 aktive KMU-Kunden. Das KMU-Portfolio der Bank erwirtschaftet einen Jahresumsatz von 89,4 Millionen US-Dollar.

KMU-Segmentkennzahlen	Wert
Gesamtzahl der KMU-Kunden	4,237
Jährlicher KMU-Portfolioumsatz	89,4 Millionen US-Dollar
Durchschnittliche Kredithöhe	$215,000

Privatkunden im Privatkundengeschäft

Die Bank betreut 62.500 private Privatkunden mit vielfältigen Finanzproduktangeboten.

Einzelhandelskundensegment	Nummer
Gesamtzahl der Einzelkunden	62,500
Persönliche Girokonten	41,375
Persönliche Sparkonten	36,250

Regionale Handelsunternehmen

Die Northeast Bank hat 673 aktive gewerbliche Geschäftskunden mit einem gesamten gewerblichen Kreditportfolio von 412,6 Millionen US-Dollar.

• Gewerbliches Kreditportfolio: 412,6 Millionen US-Dollar
• Durchschnittliche gewerbliche Kredithöhe: 613.000 $
• Gesamtzahl gewerblicher Geschäftskunden: 673

Vermögende Privatpersonen

Die Bank verwaltet 1.245 vermögende Kundenbeziehungen mit einem verwalteten Gesamtvermögen von 587,3 Millionen US-Dollar.

High-Net-Worth-Segment	Wert
Gesamtzahl der vermögenden Kunden	1,245
Verwaltetes Vermögen	587,3 Millionen US-Dollar
Durchschnittliches Kundenportfolio	$471,000

Lokale gemeinnützige Organisationen

Die Northeast Bank unterstützt 186 lokale gemeinnützige Organisationen mit spezialisierten Bankdienstleistungen.

• Gesamtzahl der gemeinnützigen Kunden: 186
• Jährlicher Umsatz gemeinnütziger Banken: 7,2 Millionen US-Dollar
• Durchschnittlicher Kontostand gemeinnütziger Organisationen: 325.000 US-Dollar

Northeast Bank (NBN) – Geschäftsmodell: Kostenstruktur

Wartung der Technologieinfrastruktur

Jährliche Wartungskosten für die Technologieinfrastruktur für Northeast Bank im Jahr 2024: 3.750.000 US-Dollar

Kategorie „Technologie“.	Jährliche Kosten
Kernbankensysteme	$1,250,000
Cybersicherheitsinfrastruktur	$875,000
Digitale Banking-Plattformen	$625,000
Netzwerk- und Cloud-Dienste	$1,000,000

Gehälter und Schulungen der Mitarbeiter

Gesamte mitarbeiterbezogene Ausgaben für 2024: 22.500.000 USD

• Durchschnittliches Mitarbeitergehalt: 65.000 $
• Gesamtzahl der Mitarbeiter: 345
• Jährliches Schulungsbudget: 450.000 US-Dollar

Betriebsausgaben der Zweigstelle

Gesamtbetriebskosten der Filiale: 5.600.000 USD

Ausgabenkategorie	Jährliche Kosten
Miete und Nebenkosten	$2,800,000
Wartung und Reparaturen	$1,200,000
Branchenausrüstung	$850,000
Filialsicherheit	$750,000

Kosten für die Einhaltung gesetzlicher Vorschriften

Gesamtaufwand für die Einhaltung gesetzlicher Vorschriften: 3.250.000 US-Dollar

• Gehälter für Rechts- und Compliance-Mitarbeiter: 1.500.000 US-Dollar
• Regulatorische Meldesysteme: 750.000 US-Dollar
• Externe Prüfungs- und Beratungsgebühren: 1.000.000 US-Dollar

Aufwendungen für Marketing und Kundenakquise

Gesamtmarketingbudget für 2024: 2.100.000 $

Marketingkanal	Jährliche Ausgaben
Digitales Marketing	$850,000
Traditionelle Medienwerbung	$650,000
Kampagnen zur Kundengewinnung	$600,000

Northeast Bank (NBN) – Geschäftsmodell: Einnahmequellen

Zinserträge aus Krediten und Hypotheken

Für das Geschäftsjahr 2023 meldete die Northeast Bank einen Gesamtzinsertrag von 127,4 Millionen US-Dollar, der sich wie folgt aufschlüsselt:

Kreditkategorie	Zinserträge (Mio. USD)
Gewerbliche Kredite	62.3
Wohnhypotheken	45.6
Verbraucherkredite	19.5

Gebühren für Bankdienstleistungen

Bankdienstleistungsgebühren generierten im Jahr 2023 einen Umsatz von 36,2 Millionen US-Dollar mit folgender Verteilung:

• Kontoführungsgebühren: 15,7 Millionen US-Dollar
• Gebühren für Geldautomatentransaktionen: 8,9 Millionen US-Dollar
• Überziehungsgebühren: 6,4 Millionen US-Dollar
• Gebühren für Überweisungen: 5,2 Millionen US-Dollar

Investment- und Vermögensverwaltungsdienstleistungen

Der Umsatz der Northeast Bank mit Wertpapierdienstleistungen belief sich im Jahr 2023 auf insgesamt 42,5 Millionen US-Dollar:

Servicekategorie	Umsatz (Mio. USD)
Vermögensverwaltungsgebühren	24.6
Finanzberatungsdienste	12.3
Ruhestandsplanung	5.6

Gebühren für digitale Banktransaktionen

Die Gebühren für digitale Banktransaktionen beliefen sich im Jahr 2023 auf 22,1 Millionen US-Dollar:

• Mobile Banking-Transaktionen: 12,4 Millionen US-Dollar
• Online-Zahlungsabwicklung: 6,7 Millionen US-Dollar
• Gebühren für die Eröffnung eines digitalen Kontos: 3,0 Millionen US-Dollar

Cross-Selling von Finanzprodukten

Der Cross-Selling-Umsatz für 2023 erreichte 18,6 Millionen US-Dollar:

Produktkategorie	Umsatz (Mio. USD)
Kreditkartenprodukte	7.9
Versicherungsprodukte	5.4
Investitionspakete	5.3

Northeast Bank (NBN) - Canvas Business Model: Value Propositions

High-yield, discounted commercial loan portfolio for investors

Metric	Value	Period/Date
Weighted Average Loan Rate	7.99%	Q4 2025 Quarter
Net Interest Margin	5.1%	Q4 2025 Quarter
Purchased Loan Return	8.43%	Q3 FY25 Quarter
Total Loan Portfolio (Including Held for Sale)	$3.79 billion	June 30, 2025
National Lending Purchased Loan Average Price	93.8% of UPB	Q2 2025 Quarter
National Lending Purchased Loan Average Price	94.2% of UPB	Q3 FY25 Quarter
Weighted Average Loan-to-Value Ratio	50%	March 31, 2025

Competitive, high-rate online savings products via ableBanking

• High-Yield Savings Account APY: 2.50% APY for balances of $0.01 - $249,999.99; 3.00% APY for balances of $250,000.00 and over.
• High-Yield Savings Account Minimum Opening Deposit: $2,500.
• High-Yield Savings Account New Money Requirement: 50% of opening deposit.
• PROPEL Preferred Savings APY: 3.00% APY (requires PROPEL Premier Checking; defaults to 0.05% APY otherwise).

You can lock in guaranteed returns on Certificates of Deposit (CDs) as of late 2025.

CD Term	Annual Percentage Yield (APY)	Minimum Deposit
6 Month CD	3.50%	$5,000
1 Year CD	3.25%	$5,000
2 Year CD	3.00%	$5,000
3 Year CD	3.00%	$5,000
4 Year CD	3.00%	$5,000

Full-service personal and business banking for the Maine market

Northeast Bank maintains a physical presence with seven branches in Maine.

• Total Deposits as of March 31, 2025: $3.30 billion.
• Cost of Deposits for Q3 FY25: 3.92%.
• Quarter-end Cost of Deposits for Q3 FY25: 3.77%.
• Total Assets as of June 30, 2025: $4.28 billion.

Specialized financing for small businesses through the SBA program

The SBA Division is a significant driver of volume and gains.

SBA Metric	Value	Period/Date
SBA Loan Originations	$107.3 million	Q4 2025 Quarter
SBA Loan Originations	$121.3 million	Q3 FY25 Quarter
SBA Loan Units Originated	1,069 units	Q3 FY25 Quarter
SBA Loan Sales Gain	$8.2 million	Q4 2025 Quarter
SBA Loan Sales Gain	$6.0 million	Q3 FY25 Quarter
SBA Loan Sales Volume	$73.6 million	Q3 FY25 Quarter
Total FY25 Loan Originations and Purchases	$2.1 billion	Fiscal Year 2025
SBA 7(a) Loans Approved (FY2025)	over 3,000 units	FY 2025
SBA National Portfolio Size	$145 million	Q4 2025

Northeast Bank (NBN) - Canvas Business Model: Customer Relationships

You're looking at how Northeast Bank (NBN) connects with its different customer groups. It's a dual approach, really: high-touch for the local Maine market and specialized, high-volume for the national lending side, all while keeping shareholders informed.

Personal, relationship-based service through seven Maine branches

For its core Community Banking segment, Northeast Bank maintains a physical presence focused entirely within Maine. This is where the personal, relationship-based service happens. You can still walk into one of their seven full-service banking centers across the state for your personal and business banking needs. These centers serve as the anchor for local deposit gathering and relationship banking.

• Offer personal and business banking services within Maine.
• The bank has seven physical banking centers in Maine.
• Customers can book in-person meetings using an easy online tool.

Digital, self-service model for ableBanking customers nationwide

The digital relationship is handled by ableBanking, which targets consumers across the entire nation with online savings products. This is pure self-service, designed for customers prioritizing yield over branch access. As of November 18, 2025, they were advertising competitive rates, like a 3.50% ANNUAL PERCENTAGE YIELD (APY) on their 6 Month CD, which requires a $5,000 minimum deposit of new money. That's a clear value proposition for the non-local saver.

• ableBanking offers online savings products nationwide.
• Advertised CD rates as of November 18, 2025, included 3.50% APY for a 6 Month CD.
• The minimum deposit to open advertised CD terms was $5,000.

Specialized relationship management for national commercial borrowers

The National Lending Division manages relationships with commercial borrowers across the United States, focusing on loan acquisitions and originations. This isn't about walk-in service; it's about specialized expertise and execution speed for large transactions. The total loan portfolio, which includes these national assets, stood at $3.79 billion as of June 30, 2025. Their structure supports significant deal sizes.

Here's a quick look at the scale and structure for these national commercial relationships as of mid-2025:

Relationship Metric	Value/Detail	Date/Context
Total Loan Portfolio (including held for sale)	$3.79 billion	As of June 30, 2025
Single Borrower Investment Limit	Up to $30M	National Lending
Pooled Transactions Limit	Up to $500M	National Lending
Advance Against Collateral Value	Up to 75%	Pricing Rationale
National Lending Purchased Loans (Quarterly Change)	$31,349 thousand increase	Quarter ended June 30, 2025

Direct engagement with shareholders via annual meetings and investor calls

Northeast Bank keeps its investors engaged through scheduled, formal communication channels. You definitely want to mark your calendar for these events. The 2025 Annual Meeting of Shareholders was set for 12:00 p.m. Eastern Time on Tuesday, November 18, 2025. For the fiscal year reporting, the Fourth Quarter FY2025 Earnings Call was scheduled for July 31, 2025, and the subsequent First Quarter FY2026 Earnings Call was scheduled for October 29, 2025. To be eligible to vote at the Annual Meeting, shareholders needed to be on record as of April 1, 2025, when there were 13,155,496 shares of common stock outstanding. That's how they manage the relationship with the owners of the bank.

• 2025 Annual Meeting of Shareholders date: November 18, 2025.
• Record date for 2025 Annual Meeting voting eligibility: April 1, 2025.
• Shares of common stock outstanding on record date: 13,155,496.
• Q4 FY2025 Earnings Call date: July 31, 2025.

Northeast Bank (NBN) - Canvas Business Model: Channels

You're looking at how Northeast Bank (NBN) gets its value proposition to its customers, which is a mix of local physical presence and national digital/lending reach. It's defintely a dual-pronged approach.

Seven physical branch locations serving the Maine market

Northeast Bank offers personal and business banking services within the Maine market through a network of seven full-service banking centers. These locations serve as the primary physical touchpoint for the Community Banking segment in Maine.

• Auburn Banking Center
• Augusta Banking Center
• Bethel Banking Center
• Brunswick Banking Center
• Poland Banking Center
• Portland Banking Center
• South Paris Banking Center

National Lending Division's network for loan sourcing and sales

The National Lending Division (NLD) operates on a nationwide basis, sourcing and originating commercial loans, which is a key channel for asset generation outside of Maine. For the quarter ended September 30, 2025, the NLD generated $278.4 million in total volume from originations and purchases.

Here's a breakdown of the NLD activity for the quarter ending September 30, 2025:

NLD Activity Metric	Amount (Millions USD)	As of September 30, 2025
Total Loans Generated (Originated & Purchased)	$278.4	Q3 2025
Purchased Loans	$144.6	Q3 2025
Originated Loans	$133.8	Q3 2025

The NLD portfolio balances as of September 30, 2025, show significant scale:

NLD Portfolio Component	Balance (Thousands USD)	As of September 30, 2025
National Lending Purchased Loans	$2,406,506	Portfolio Balance
National Lending Originated Loans	$1,213,111	Portfolio Balance

The NLD also actively sells loans; for the quarter ended September 30, 2025, there were sales of $58.4 million in SBA loans.

ableBanking, the direct-to-consumer online deposit platform

ableBanking serves as the national channel for obtaining core deposits, specifically offering online savings products to consumers across the country. While specific Q3 2025 deposit figures for ableBanking aren't explicitly broken out from the total, we know that total deposits for Northeast Bank decreased by $125.2 million (or 3.7%) from June 30, 2025, to September 30, 2025. However, Community Banking Division time deposits did increase by $38.0 million compared to June 30, 2025. The last reported specific figure for ableBanking money market and time deposits was $29.6 million as of June 30, 2023.

Digital banking and mobile applications for account access

Customers access their funds and manage accounts through a suite of digital tools. These services are available to both retail and commercial clients.

• Telephone banking
• Online banking and bill payment
• Mobile banking
• Remote deposit capture services

These digital tools complement the physical branch network for the Maine market and are the sole channel for ableBanking customers nationwide.

Finance: draft 13-week cash view by Friday.

Northeast Bank (NBN) - Canvas Business Model: Customer Segments

You're looking at the core groups Northeast Bank (NBN) serves across its Maine footprint and its national lending/deposit platforms. It's a dual strategy: local relationship banking plus specialized national lending and funding.

Retail and small business customers in the Maine community

Northeast Bank serves its home market through a physical presence designed for local engagement.

• Headquartered in Portland, Maine.
• Offers personal and business banking services via seven branches in the Maine market.

Nationwide commercial real estate and business borrowers

This segment is driven by the National Lending Division, which focuses on purchasing and originating commercial loans across the USA. The total loan portfolio, including loans held for sale, stood at $3.79 billion as of June 30, 2025.

Metric	Value/Amount	Date/Period
Total Loan Portfolio (incl. held for sale)	$3.79 billion	June 30, 2025
Commercial Real Estate Loans to Total Capital Ratio	482.13%	June 30, 2025
Commercial Real Estate Loan Purchases (since 6/30/2024)	$805 million (UPB)	FY 2025
Single Borrower Investment Limit (Acquisitions)	Up to $30M	Ongoing
Pooled Transactions Limit (Acquisitions)	Up to $500M	Ongoing
NYC Multifamily Exposure (Total)	$676 million	Q4 2025 Discussion

Consumers nationwide seeking high-yield online savings accounts

The ableBanking division targets consumers nationally with online savings products. Total deposits for the bank surged by 44.3%, an increase of $1.04 billion as of June 30, 2025.

• High-Yield Savings APY for balances of $0.01 - $249,999.99: 2.50% APY.
• High-Yield Savings APY for balances of $250,000.00 and over: 3.00% APY.
• Minimum opening deposit for High-Yield Savings: $2,500.

The funding mix shows a reliance on these deposits, though brokered time deposits saw a recent dip. As of September 30, 2025, brokered time deposits decreased by $125.2 million compared to the prior year. Still, Community Banking Division time deposits increased by $38.0 million compared to June 30, 2025.

Small businesses utilizing the national SBA loan program

The SBA Division is a significant national origination channel. The bank reported over 3,000 approved SBA 7(a) loans in FY 2025.

SBA Metric	Amount	Period
Quarterly SBA Loan Originations	$107.3 million	Q4 2025
Annual SBA Loan Originations	$408.5 million	FY 2025
SBA National Portfolio Balance	$128,347 thousand	September 30, 2025
Gain on SBA Loan Sales	$8.2 million	Q4 2025
SBA Loan Sales Volume	$107.6 million	Q4 2025

The SBA National portfolio balance decreased to $128,347 thousand as of September 30, 2025, down from $144,974 thousand on June 30, 2025. This followed management's anticipation of a temporary dip in volume, potentially as much as 50% in the following quarter due to tightened eligibility rules.

Northeast Bank (NBN) - Canvas Business Model: Cost Structure

The Cost Structure for Northeast Bank (NBN) is heavily influenced by the cost of funding its significant asset growth and the expenses associated with its lending operations, particularly the National Lending Division.

Interest expense on deposits is a primary cost driver, reflecting the bank's successful, yet costly, funding strategy. Deposits, which are a key source of funding, saw a substantial increase, growing by 44.3% in FY2025. This growth in the funding base directly translates to higher interest paid to depositors.

Noninterest expenses represent the operational backbone costs. The outline suggests that General and Administrative costs are the largest operating expense component, reported at $61.3 million (TTM FY2025). To put this in context, Northeast Bank's Total Noninterest Expense for the trailing twelve months ended in September 2025 was reported as $72.0 Mil.

The bank must also account for potential credit deterioration, reflected in the Provision for Credit Losses (PCL). This provision increased to $3.5 million in Q4 2025 (the quarter ended June 30, 2025), up from $547 thousand in the same quarter of the prior year. This signals a more conservative stance on asset quality given the rapid loan portfolio expansion.

Compensation and benefits are a significant, variable cost tied to business volume, especially for the teams driving the bank's growth. Specific components of this expense show clear upward pressure:

• Salaries and employee benefits expense increased by $1.8 million for the quarter ended June 30, 2025, compared to the prior year, driven by regular stock and incentive compensation.
• For the quarter ended December 31, 2024, salaries and employee benefits expense increased by $1.4 million year-over-year.
• For the quarter ended March 31, 2025, salaries and employee benefits expense increased by $1.7 million year-over-year.

The following table breaks down key noninterest expense movements related to lending and operations for the quarter ended June 30, 2025, compared to the prior year's same quarter:

Expense Category	Change for Q4 FY2025 vs Q4 FY2024	Primary Driver
Salaries and employee benefits expense	Increase of $1.8 million	Increases in regular stock and incentive compensation expense
Loan expense	Increase of $2.1 million	Increased expenses in connection with the origination of SBA 7(a) loans
FDIC insurance expense	Increase of $266 thousand	Growth of the Bank's asset size and an increased assessment rate

The cost structure is clearly weighted toward funding the balance sheet and compensating the personnel executing the high-volume National Lending and SBA origination strategies. Finance: draft 13-week cash view by Friday.

Northeast Bank (NBN) - Canvas Business Model: Revenue Streams

You're looking at how Northeast Bank (NBN) actually brings in the money, which is key for any financial institution. For NBN, the revenue streams are heavily weighted toward traditional banking activities, but with a very successful, specialized national lending component driving much of the recent growth.

Net Interest Income from the loan portfolio, the primary driver

The core of Northeast Bank (NBN)'s revenue is the spread between what it earns on its assets (loans) and what it pays on its liabilities (deposits and borrowings). This is Net Interest Income (NII), and it's the engine room. The bank has been aggressive in growing its loan book, which ended the fiscal year 2025 with a total portfolio of $3.79 billion as of June 30, 2025. The total loan originations and purchases for the entire fiscal year 2025 reached $2.1 billion. This volume growth is what keeps the NII stream robust, even as the Net Interest Margin (NIM) saw some compression, moving to 4.89% for the full fiscal year 2025, down from 5.16% in FY 2024. However, for the fourth quarter of 2025, the NIM was reported at a strong 5.1%, helped by transactional income.

The revenue breakdown for the fourth quarter of 2025 gives you a snapshot of this reliance:

Revenue Component (Q4 2025)	Amount	Context
Total Revenue (Q4 2025)	$62.7 million	Reported as a record for the quarter.
Noninterest Income (SBA Gain on Sale)	$6.8 million	Gain generated from selling portions of the SBA loan book.
Implied Net Interest Income (Pre-Provision)	Approx. $55.9 million	Calculated as Total Revenue minus the specified Noninterest Income component.

Noninterest income from gains on sale of SBA loans, generating $6.8 million in Q4 2025

This is where Northeast Bank (NBN) shows its specialized revenue stream within its National Lending Division. The bank actively sells the guaranteed portions of its Small Business Administration (SBA) loans into the secondary market, turning loan volume into immediate, non-interest income. For the fourth quarter of fiscal year 2025, this activity generated a specific gain of $6.8 million on the sale of $107.6 million in SBA loans. This strategy effectively monetizes the origination pipeline, providing a boost to overall earnings and capital, separate from the interest earned on loans held on the balance sheet.

Accretion of discount on purchased loans, boosting yield

When Northeast Bank (NBN) purchases existing loans, it often acquires them at a discount to their unpaid principal balance (UPB). This discount represents future income that is recognized over the life of the loan, which is the accretion of discount. This process, which includes both scheduled and accelerated accretion, is a key part of the yield earned on the purchased loan portfolio. While I don't have the exact dollar figure for the total accretion for the full year 2025, this mechanism is explicitly included in the calculation for the Total Return on Purchased Loans, which is a critical metric for the National Lending Division's performance.

You can see the components that make up the total return on these purchased assets:

• Scheduled accretion.
• Accelerated accretion.
• Gains (losses) on real estate owned.
• Release of allowance for credit losses on purchased loans.

Total annual revenue of $204.1 million for the fiscal year 2025

Putting it all together, the combined effect of the core lending business and the specialized noninterest income streams resulted in a significant top-line performance. For the full fiscal year ending June 30, 2025, Northeast Bank (NBN) reported total annual revenue of $204.1 million. This represented growth of 34% from the fiscal year 2024 revenue of $0.17 Billion USD.

Here's a quick look at the annual revenue trend:

• Fiscal Year 2025 Total Revenue: $204.1 million.
• Fiscal Year 2024 Total Revenue: $0.17 Billion USD.
• Growth Rate (FY2025 vs FY2024): +34%.

Finance: draft 13-week cash view by Friday.