Northeast Bancorp Q2 Earnings Call Highlights
The bank reported net income of 2.47 per diluted share, for the quarter. Year-to-date net income was 5.14 per diluted share. Return on average assets was 1.87% for the quarter (2.0% year to date), and return on average equity was 15.6% (16.6% year to date).Chief Financial Officer Santino Delmolino said total assets ended the quarter at 4.4 billion, up from $3.7 billion as of September 30. He noted the timing of purchases and originat ...