Attached files

file filename
10-Q - DECEMBER 2010 10Q - NORTHEAST BANCORP /ME/dec201010q.htm
EX-32.2 - EXHIBIT 32.2 - NORTHEAST BANCORP /ME/dec2010ex322.htm
EX-31.2 - EXHIBIT 31.2 - NORTHEAST BANCORP /ME/dec2010ex312.htm
EX-32.1 - EXHIBIT 32.1 - NORTHEAST BANCORP /ME/dec2010ex321.htm
EX-31.1 - EXHIBIT 31.1 - NORTHEAST BANCORP /ME/dec2010ex311.htm
 
 
 
   
Successor
   
Predecessor
 
   
Company
   
Company
 
   
3 Days
   
89 Days
   
181 Days
   
Three Months
   
Six Months
 
   
Ended
   
Ended
   
Ended
   
Ended
   
Ended
 
Earnings per common share
 
Dec. 31, 2010
   
Dec. 28, 2010
   
Dec. 28, 2010
   
Dec. 31, 2009
   
Dec. 31, 2009
 
             
                 (Dollars in thousands, except share  per share data)
 
Net Income
  $ 11,835     $ 836     $ 1,796     $ 649     $ 1,145  
Preferred stock dividends
    (2 )     (51 )     (104 )     (53 )     (106 )
Accretion of preferred stock
    -       (7 )     (13 )     (6 )     (13 )
Amortization of issuance costs
    -       (1 )     (2 )     (1 )     (3 )
  Net income available to common shareholders
  $ 11,833     $ 777     $ 1,677     $ 589     $ 1,023  
Dividends and undistributed earnings allocated
  to unvested 
shares of stock awards
    (44 )     -       -       -       -  
  Net income applicable to common shareholders
  $ 11,789     $ 777     $ 1,677     $ 589     $ 1,023  
Average common shares issued and outstanding
    3,492,498       2,331,332       2,330,197       2,321,528       2,321,430  
Earnings per common share
  $ 3.38     $ 0.33     $ 0.72     $ 0.25     $ 0.44  
                                         
Diluted earnings per Common share
                                       
  Net income applicable to common shareholders
  $ 11,833     $ 777     $ 1,677     $ 589     $ 1,023  
Dividends and undistributed earnings allocated
  to unvested
 shares of stock awards
    (44 )     -       -       -       -  
  Net income available to common shareholders
  $ 11,789     $ 777     $ 1,677     $ 589     $ 1,023  
Average common shares issued and outstanding
    3,492,498       2,331,332       2,330,197       2,321,528       2,321,430  
Dilutive potential common shares
    96,258       27,315       24,188       2,545       4,774  
   Total diluted average common shares issued
     and
 outstanding
      3,588,756         2,358,647         2,354,385         2,324,073         2,326,204  
Diluted earnings per common share
  $ 3.29     $ 0.33     $ 0.71     $ 0.25     $ 0.44  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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