UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 3, 2015
Commission File No. 1-14588
NORTHEAST BANCORP
(Exact name of registrant as specified in its charter)
Maine |
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01-0425066 |
(State or other jurisdiction of incorporation) |
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(IRS Employer Identification Number) |
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500 Canal Street |
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04240 |
(Address of principal executive offices) |
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(Zip Code) |
Registrants telephone number, including area code: (207) 786-3245
Former name or former address, if changed since last Report: N/A
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
o Pre-commencement to communications pursuant to Rule 13e-4(c) under the Exchange Act
Item 8.01. Other Events.
On March 3, 2015, Northeast Bancorp (the Company) announced the appointment of Brian Pinheiro as Chief Risk Officer of the Company, effective March 3, 2015.
Mr. Pinheiro, 32, has worked at Corporate Finance Group, Inc. (CFGI) where he served as Managing Director providing consulting services to financial institutions and banking clients, including the Company. Prior to his role at CFGI, Mr. Pinheiro was an Audit Manager in the Financial Services practice at Deloitte & Touche, Boston. Mr. Pinheiro is a certified public accountant and received a B.S. and M.S. in Accountancy from the University of Massachusetts at Amherst.
Item 9.01. Financial Statements and Exhibits
99.1 Press Release dated March 3, 2015
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunder duly authorized.
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NORTHEAST BANCORP | |
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By: |
/s/ Brian Shaughnessy |
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Name: |
Brian Shaughnessy |
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Title: |
Chief Financial Officer |
Date: March 3, 2015
Exhibit 99.1
FOR IMMEDIATE RELEASE
For More Information:
Claire S. Bean, Chief Operating Officer
Northeast Bancorp, 500 Canal Street, Lewiston, ME 04240
207.786.3245 ext. 3202
www.northeastbank.com
Northeast Bancorp Announces Appointment of
Chief Risk Officer
Lewiston, ME (March 3, 2015) Northeast Bancorp (the Company) announced today that Brian Pinheiro has been appointed as the Companys Chief Risk Officer, effective March 3, 2015.
Mr. Pinheiro joins the Company from Corporate Finance Group, Inc. (CFGI) where he served as Managing Director providing consulting services to financial institutions and banking clients, including Northeast Bank. He had been retained by the Bank as its Interim Controller for the past several months. Prior to his role at CFGI, Mr. Pinheiro was an Audit Manager in the Financial Services practice at Deloitte & Touche, Boston.
Mr. Pinheiro graduated from the University of Massachusetts at Amherst with a Bachelor of Science in Accounting and a Master of Science in Accounting. He is a Certified Public Accountant licensed in the Commonwealth of Massachusetts.
Brians extensive consulting experience in the financial services industry makes him a great fit for the role of Chief Risk Officer, said Northeast Bancorp President and Chief Executive Officer Richard Wayne. We look forward to his contributions with regard to evaluating and mitigating the various regulatory, technological and competitive risks to the Company, and are pleased to have him join our team.
About Northeast Bancorp
Northeast Bancorp (NASDAQ: NBN) is the holding company for Northeast Bank, a full-service bank headquartered in Lewiston, Maine. Northeast Bank offers traditional banking services through its Community Banking Division, which operates ten full-service branches and two loan production offices that serve individuals and businesses located in western and south-central Maine and southern New Hampshire. Northeast Banks Loan Acquisition and Servicing Group purchases and originates commercial loans for the Banks portfolio. In addition, the Small Business Lending division supports the needs of growing businesses nationally to allow them to purchase the products, facilities and equipment they need. ableBanking, a division of Northeast Bank, offers savings products to consumers online. Information regarding Northeast Bank can be found on its website at www.northeastbank.com.