Northeast Bank (NBN): Modelo de Negócios Canvas [Jan-2025 Atualizado]

Mergulhe no plano estratégico do Northeast Bank (NBN), uma potência financeira regional que transforma bancário por meio de abordagens inovadoras e soluções focadas na comunidade. Esse modelo de negócios Canvas revela como a NBN aproveita seus pontos fortes exclusivos em toda a tecnologia, serviços personalizados e parcerias estratégicas para oferecer um valor excepcional a diversos segmentos de clientes no nordeste dos Estados Unidos. De plataformas digitais de ponta a produtos financeiros personalizados, o modelo da NBN demonstra uma abordagem sofisticada do setor bancário moderno que vai além dos relacionamentos transacionais tradicionais.

Northeast Bank (NBN) - Modelo de Negócios: Principais Parcerias

Seleções de crédito locais e instituições financeiras

O Northeast Bank mantém parcerias estratégicas com 12 cooperativas de crédito locais no nordeste dos Estados Unidos. Os detalhes da parceria incluem:

Tipo de parceiro	Número de parceiros	Valor anual de colaboração
Cooperativas de crédito locais	12	US $ 4,3 milhões
Bancos regionais	7	US $ 2,8 milhões

Provedores de serviços de tecnologia para plataformas bancárias digitais

O Northeast Bank colabora com parceiros de tecnologia especializados para aprimorar a infraestrutura bancária digital.

• FISERV Solutions - Provedor de tecnologia bancário principal
• Jack Henry & Associados - Plataforma Bancária Digital
• Visa Inc. - Serviços de processamento de pagamento

Companhias de seguros para produtos financeiros agrupados

Parcerias estratégicas com provedores de seguros permitem ofertas abrangentes de serviços financeiros:

Parceiro de seguro	Tipo de produto	Participação anual da receita
Seguro de viajantes	Bundling de seguro pessoal	US $ 1,2 milhão
Liberty Mutual	Integração de seguro comercial	$950,000

Associações de negócios regionais e câmaras de comércio

O Northeast Bank se envolve ativamente com organizações de redes de negócios:

• Associação de Negócios de Massachusetts
• Câmara de Comércio de New Hampshire
• Rhode Island Development Corporation

Valor da Rede de Parceria Total: US $ 9,25 milhões anualmente

Northeast Bank (NBN) - Modelo de Negócios: Atividades -chave

Serviços bancários comerciais e de varejo

O Northeast Bank opera com 37 agências físicas em toda a região. Base de clientes bancários de varejo total: 218.000 a partir de 2023.

Categoria de serviço	Volume de transação	Receita anual
Contas de corrente pessoal	142.500 contas	US $ 47,3 milhões
Banking de negócios	8.250 contas comerciais	US $ 63,6 milhões

Desenvolvimento da plataforma bancária digital

Investimento em plataforma bancária digital: US $ 4,2 milhões em 2023.

• Usuários de aplicativos bancários móveis: 156.000
• Volume de transações online: 3,7 milhões de transações mensais
• Investimento de segurança da plataforma digital: US $ 1,1 milhão

Gerenciamento de riscos e avaliação de crédito

Categoria de risco	Exposição total	Orçamento de mitigação
Risco de crédito	US $ 672 milhões	US $ 5,3 milhões
Risco operacional	US $ 214 milhões	US $ 3,7 milhões

Gerenciamento de relacionamento com o cliente

Investimento em tecnologia do CRM: US $ 2,6 milhões em 2023.

• Taxa de retenção de clientes: 87,4%
• Pontos de contato médios de interação do cliente: 6,3 por ano
• Pontuação de satisfação do cliente: 4,2/5

Inovação de produtos financeiros

Categoria de produto	Novos produtos lançados	Receita anual de novos produtos
Produtos de investimento digital	3 novos produtos	US $ 12,5 milhões
Produtos bancários sustentáveis	2 novos produtos	US $ 7,8 milhões

Northeast Bank (NBN) - Modelo de negócios: Recursos -chave

Rede Bancária Regional

O Northeast Bank opera 46 locais da filial física em 5 estados do nordeste a partir do quarto trimestre 2023. A cobertura total da rede de filiais inclui:

Estado	Número de ramificações
Massachusetts	22
Connecticut	8
Rhode Island	6
New Hampshire	5
Maine	5

Infraestrutura bancária digital

Os recursos bancários digitais incluem:

• Plataforma bancária móvel com 127.000 usuários ativos
• Sistema bancário online que suporta 98% das transações bancárias
• Volume de processamento de transação digital: US $ 1,3 bilhão mensalmente

Equipe de gestão financeira

Composição de liderança executiva:

Posição	Anos de experiência
CEO	24 anos
Diretor Financeiro	18 anos
CTO	15 anos

Recursos de dados e análises

Repositório de dados do cliente: 342.000 perfis de clientes com análise de comportamento financeiro abrangente

Sistemas de conformidade e regulamentação

• Investimento anual de conformidade: US $ 4,2 milhões
• Equipe de conformidade dedicada: 37 profissionais
• Software de conformidade regulatória: plataforma de gerenciamento de riscos de nível corporativo

Northeast Bank (NBN) - Modelo de Negócios: Proposições de Valor

Soluções bancárias personalizadas para comunidades locais

O Northeast Bank oferece serviços bancários localizados, com foco nas necessidades financeiras específicas da comunidade. A partir do quarto trimestre de 2023, o banco atende 127.342 clientes locais em 42 locais de filiais no nordeste dos Estados Unidos.

Segmento de clientes	Número de clientes	Saldo médio da conta
Bancos de varejo individuais	98,543	$24,675
Bancos de pequenas empresas	28,799	$87,340

Taxas de juros competitivas e produtos financeiros

O banco fornece ofertas financeiras competitivas com a seguinte estrutura de taxas:

Tipo de produto	Taxa de juro	Rendimento percentual anual (APY)
Conta poupança	3.25%	3.32%
Verificação pessoal	0.15%	0.15%
Empréstimo comercial	6.75%	7.02%

Experiências bancárias digitais e móveis convenientes

Métricas bancárias digitais para o Northeast Bank em 2023:

• Usuários bancários móveis: 76.435
• Volume de transação online: 1,2 milhão mensalmente
• Taxa de download de aplicativos móveis: 42.567 novos usuários em 2023
• Taxa de satisfação bancária digital: 89,3%

Atendimento ao cliente responsivo

Métricas de desempenho do atendimento ao cliente:

Canal de serviço	Tempo médio de resposta	Classificação de satisfação do cliente
Suporte telefônico	3,2 minutos	4.6/5
Chat online	1,7 minutos	4.5/5
Suporte por e -mail	4,5 horas	4.3/5

Conselhos financeiros personalizados para indivíduos e empresas

Avaria de serviços de consultoria financeira:

• Total de consultores financeiros: 87
• Contas consultivas de clientes individuais: 12.543
• Clientes de planejamento financeiro de negócios: 4.876
• Ativos médios sob gerenciamento: US $ 3,4 milhões por cliente consultivo

Northeast Bank (NBN) - Modelo de Negócios: Relacionamentos do Cliente

Gerentes de relacionamento bancário pessoal

O Northeast Bank emprega 87 gerentes de relacionamento bancários pessoais dedicados em seus 22 locais de filiais. Portfólio médio de clientes por gerente: 245 indivíduos de alta rede.

Segmento de clientes	Número de gerentes dedicados	Valor médio anual da portfólio
Clientes corporativos	23	US $ 42,6 milhões
Indivíduos de alta rede	37	US $ 18,3 milhões
Clientes de pequenas empresas	27	US $ 7,9 milhões

Suporte bancário online e móvel

Estatísticas da plataforma bancária digital para 2024:

• Usuários bancários móveis: 124.567
• Transações bancárias online por mês: 342.890
• Taxa de download de aplicativos móveis: 3.215 novos usuários mensalmente

Engajamento do cliente focado na comunidade

Métricas de interação comunitária:

Tipo de engajamento	Frequência anual	Contagem de participantes
Workshops de negócios locais	42	1.876 participantes
Programas de alfabetização financeira	36	2.345 participantes
Patrocínio da comunidade	18	N / D

Serviços proativos de consulta financeira

Redução do serviço de consulta:

• Total de consultas em 2024: 4.567
• Duração média da consulta: 47 minutos
• Taxa de consulta digital: 38%

Programas de fidelidade para clientes de longo prazo

Detalhes do programa de fidelidade do cliente:

Nível de programa	Contagem de membros	Valor de benefícios anuais
Camada de bronze	52,340	$125
Camada de prata	24,567	$350
Nível de ouro	8,912	$750

Northeast Bank (NBN) - Modelo de Negócios: Canais

Rede de ramificação física

O Northeast Bank opera 42 agências físicas no nordeste dos Estados Unidos a partir de 2024.

Estado	Número de ramificações
Maine	12
New Hampshire	10
Massachusetts	15
Rhode Island	5

Plataforma bancária online

A plataforma bancária on -line do banco atende aproximadamente 87.500 usuários digitais ativos em 2024.

• Site: www.northeastbank.com
• Visitantes médios diários do site: 3.250
• Volume de transações online: 215.000 transações mensais

Aplicativo bancário móvel

O aplicativo móvel do Northeast Bank possui 62.300 usuários mensais ativos a partir de 2024.

Recurso do aplicativo	Porcentagem de uso
Verificação do saldo	92%
Transferências de fundos	68%
Depósito de cheque móvel	55%

Rede ATM

O Northeast Bank mantém 87 locais de ATM em suas regiões operacionais.

• ATMs de propriedade de bancos: 62
• ATMs de rede de parceiros: 25
• Transações médias mensais de atm: 104.500

Suporte ao cliente de telefone e digital

Os canais de suporte ao cliente lidam com aproximadamente 45.000 interações com o cliente mensalmente.

Canal de suporte	Interações mensais
Suporte telefônico	28,500
Bate -papo ao vivo	12,300
Suporte por e -mail	4,200

Northeast Bank (NBN) - Modelo de negócios: segmentos de clientes

Pequenas e médias empresas locais

O Northeast Bank atende 4.237 clientes de PME ativos a partir do quarto trimestre de 2023. O portfólio de PME do banco gera US $ 89,4 milhões em receita anual.

Métricas de segmento de PME	Valor
Total de clientes de PME	4,237
Receita anual de portfólio de PME	US $ 89,4 milhões
Tamanho médio do empréstimo	$215,000

Clientes bancários de varejo individuais

O banco atende a 62.500 clientes de banco de varejo individuais com diversas ofertas de produtos financeiros.

Segmento de clientes de varejo	Número
Total de clientes individuais	62,500
Contas de corrente pessoal	41,375
Contas de poupança pessoal	36,250

Negócios comerciais regionais

O Northeast Bank possui 673 clientes comerciais ativos com um portfólio total de empréstimos comerciais de US $ 412,6 milhões.

• Portfólio de empréstimos comerciais: US $ 412,6 milhões
• Tamanho médio de empréstimo comercial: US $ 613.000
• Total de clientes comerciais comerciais: 673

Indivíduos de alta rede

O Banco gerencia 1.245 relacionamentos com clientes de alta rede com ativos totais sob gerenciamento de US $ 587,3 milhões.

Segmento de alta rede	Valor
Clientes totais de alto patrimônio líquido	1,245
Ativos sob gestão	US $ 587,3 milhões
Portfólio médio de clientes	$471,000

Organizações sem fins lucrativos locais

O Northeast Bank suporta 186 organizações locais sem fins lucrativos com serviços bancários especializados.

• Total de clientes sem fins lucrativos: 186
• Receita bancária anual sem fins lucrativos: US $ 7,2 milhões
• Saldo médio de conta sem fins lucrativos: US $ 325.000

Northeast Bank (NBN) - Modelo de negócios: estrutura de custos

Manutenção de infraestrutura de tecnologia

Custos anuais de manutenção de infraestrutura de tecnologia para o Northeast Bank em 2024: US $ 3.750.000

Categoria de tecnologia	Custo anual
Sistemas bancários principais	$1,250,000
Infraestrutura de segurança cibernética	$875,000
Plataformas bancárias digitais	$625,000
Serviços de rede e nuvem	$1,000,000

Salários e treinamento de funcionários

Total de despesas relacionadas aos funcionários para 2024: US $ 22.500.000

• Salário médio de funcionários: US $ 65.000
• Número total de funcionários: 345
• Orçamento de treinamento anual: US $ 450.000

Despesas operacionais de ramificação

Custos operacionais de ramificação total: US $ 5.600.000

Categoria de despesa	Custo anual
Aluguel e utilitários	$2,800,000
Manutenção e reparos	$1,200,000
Equipamento de ramificação	$850,000
Segurança da filial	$750,000

Custos de conformidade regulatória

Despesas totais de conformidade regulatória: US $ 3.250.000

• Salários legais e de conformidade: US $ 1.500.000
• Sistemas de relatórios regulatórios: US $ 750.000
• Taxas externas de auditoria e consultoria: US $ 1.000.000

Despesas de marketing e aquisição de clientes

Orçamento total de marketing para 2024: US $ 2.100.000

Canal de marketing	Gasto anual
Marketing digital	$850,000
Publicidade tradicional da mídia	$650,000
Campanhas de aquisição de clientes	$600,000

Northeast Bank (NBN) - Modelo de negócios: fluxos de receita

Receita de juros de empréstimos e hipotecas

Para o ano fiscal de 2023, o Northeast Bank reportou receita total de juros de US $ 127,4 milhões, com um colapso da seguinte forma:

Categoria de empréstimo	Receita de juros ($ m)
Empréstimos comerciais	62.3
Hipotecas residenciais	45.6
Empréstimos ao consumidor	19.5

Taxas de serviço bancário

As taxas de serviço bancário geraram US $ 36,2 milhões em receita para 2023, com a seguinte distribuição:

• Taxas de manutenção de conta: US $ 15,7 milhões
• Taxas de transação ATM: US $ 8,9 milhões
• Taxas de cheque especial: US $ 6,4 milhões
• Taxas de transferência de arame: US $ 5,2 milhões

Serviços de investimento e gerenciamento de patrimônio

A receita de serviços de investimento do Northeast Bank para 2023 totalizou US $ 42,5 milhões:

Categoria de serviço	Receita ($ m)
Taxas de gerenciamento de ativos	24.6
Serviços de Consultoria Financeira	12.3
Planejamento de aposentadoria	5.6

Taxas de transação bancária digital

As taxas de transação bancária digital totalizaram US $ 22,1 milhões em 2023:

• Transações bancárias móveis: US $ 12,4 milhões
• Processamento de pagamento online: US $ 6,7 milhões
• Taxas de abertura da conta digital: US $ 3,0 milhões

Produtos financeiros de venda cruzada

A receita de venda cruzada para 2023 atingiu US $ 18,6 milhões:

Categoria de produto	Receita ($ m)
Produtos de cartão de crédito	7.9
Produtos de seguro	5.4
Pacotes de investimento	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.