Northeast Bank (NBN)

Solvency & Capital Structure

Total Debt

$857.7M

Net Debt

$854.8M

Northeast Bank currently has $857.7M in total debt. Net debt is $854.8M after cash offsets.

Financial Fundamentals

NBN • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	0.86	0.00	0.85	5.23	16.4%
2026-03-31	0.74	0.00	0.74	5.03	14.7%
2025-12-31	0.52	0.45	0.07	4.95	10.5%
2025-09-30	0.34	0.35	-0.01Net Cash	4.17	8.0%
2025-06-30	0.34	0.43	-0.09Net Cash	4.28	7.9%
2025-03-31	0.40	0.36	0.04	4.23	9.4%
2024-12-31	0.43	0.39	0.04	4.08	10.5%
2024-09-30	0.36	0.35	0.00	3.94	9.1%
2024-06-30	0.37	0.29	0.07	3.13	11.7%
2024-03-31	0.37	0.26	0.11	3.00	12.4%
2023-12-31	0.47	0.28	0.19	2.97	15.8%
2023-09-30	0.55	0.26	0.29	2.88	19.0%
2023-06-30	0.58	0.25	0.33	2.87	20.4%
2023-03-31	0.41	0.27	0.14	2.87	14.3%
2022-12-31	0.28	0.22	0.06	2.81	10.0%
2022-09-30	0.14	0.22	-0.08Net Cash	1.74	8.0%
2022-06-30	0.03	0.23	-0.19Net Cash	1.58	2.2%
2022-03-31	0.02	0.28	-0.26Net Cash	1.57	1.3%
2021-12-31	0.02	0.22	-0.20Net Cash	1.46	1.4%
2021-09-30	0.02	0.25	-0.23Net Cash	1.38	1.5%
2021-06-30	0.04	1.07	-1.03Net Cash	2.17	1.7%
2021-03-31	0.14	0.53	-0.38Net Cash	1.71	8.4%
2020-12-31	0.04	0.17	-0.13Net Cash	1.23	3.0%
2020-09-30	0.03	0.27	-0.24Net Cash	1.26	2.7%
2020-06-30	0.06	0.21	-0.15Net Cash	1.26	4.7%
2020-03-31	0.03	0.16	-0.12Net Cash	1.23	2.8%
2019-12-31	0.08	0.16	-0.08Net Cash	1.21	6.6%
2019-09-30	0.04	0.14	-0.11Net Cash	1.12	3.2%
2019-06-30	0.03	0.13	-0.10Net Cash	1.15	2.6%
2019-03-31	0.04	0.23	-0.19Net Cash	1.23	3.2%
2018-12-31	0.04	0.22	-0.18Net Cash	1.19	3.3%
2018-09-30	0.04	0.28	-0.25Net Cash	1.21	3.3%
2018-06-30	0.04	0.24	-0.20Net Cash	1.16	3.4%
2018-03-31	0.04	0.31	-0.27Net Cash	1.17	3.4%
2017-12-31	0.04	0.22	-0.18Net Cash	1.03	3.8%
2017-09-30	0.04	0.25	-0.20Net Cash	1.05	4.2%
2017-06-30	0.04	0.26	-0.22Net Cash	1.08	4.1%
2017-03-31	0.04	0.25	-0.20Net Cash	1.03	4.3%
2016-12-31	0.04	0.20	-0.16Net Cash	1.01	4.4%
2016-09-30	0.05	0.22	-0.17Net Cash	0.99	5.5%
2016-06-30	0.05	0.25	-0.20Net Cash	0.99	5.5%
2016-03-31	0.04	0.18	-0.14Net Cash	0.92	4.6%
2015-12-31	0.04	0.17	-0.13Net Cash	0.89	4.8%
2015-09-30	0.04	0.19	-0.14Net Cash	0.86	5.0%
2015-06-30	0.05	0.19	-0.14Net Cash	0.85	6.2%
2015-03-31	0.05	0.21	-0.16Net Cash	0.83	6.4%
2014-12-31	0.06	0.19	-0.13Net Cash	0.81	7.2%
2014-09-30	0.07	0.19	-0.13Net Cash	0.78	8.5%
2014-06-30	0.07	0.20	-0.13Net Cash	0.76	8.7%
2014-03-31	0.07	0.19	-0.12Net Cash	0.75	8.7%
2013-12-31	0.07	0.18	-0.11Net Cash	0.73	9.6%
2013-09-30	0.07	0.20	-0.13Net Cash	0.72	9.7%
2013-06-30	0.06	0.19	-0.12Net Cash	0.67	9.6%
2013-03-31	0.07	0.27	-0.20Net Cash	0.70	10.1%
2012-12-31	0.08	0.26	-0.18Net Cash	0.70	11.4%
2012-09-30	0.09	0.10	-0.01Net Cash	0.67	13.4%
2012-06-30	0.12	0.26	-0.14Net Cash	0.67	18.1%
2012-03-31	0.12	0.06	0.06	0.59	20.5%
2011-12-31	0.12	0.06	0.06	0.59	20.6%
2011-09-30	0.12	0.08	0.04	0.59	20.8%
2011-06-30	0.13	0.16	-0.04Net Cash	0.60	21.2%
2011-03-31	0.14	0.11	0.03	0.61	22.7%
2010-12-31	0.20	0.07	0.12	0.64	30.3%
2010-09-30	0.19	0.05	0.14	0.63	30.3%
2010-06-30	0.18	0.02	0.16	0.62	29.0%
2010-03-31	0.18	0.01	0.17	0.61	29.1%
2009-12-31	0.19	0.01	0.18	0.61	30.4%
2009-09-15	0.17	0.01	0.16	0.60	28.3%
2009-06-30	0.16	0.01	0.15	0.60	27.1%
2009-03-31	0.17	0.01	0.16	0.61	28.2%
2008-12-31	0.20	0.01	0.19	0.62	32.9%
2008-09-30	0.20	0.01	0.19	0.61	33.8%
2008-06-30	0.19	0.01	0.17	0.60	31.2%
2008-03-31	0.18	0.01	0.17	0.59	30.6%
2007-12-31	0.18	0.01	0.17	0.59	30.7%
2007-09-30	0.17	0.01	0.16	0.57	29.5%
2007-06-30	0.15	0.01	0.14	0.56	26.5%
2007-03-31	0.13	0.01	0.12	0.56	23.6%
2006-12-31	0.14	0.01	0.13	0.56	25.7%
2006-09-30	0.14	0.01	0.13	0.57	23.8%
2006-06-30	0.12	0.01	0.11	0.56	22.2%
2006-03-31	0.14	0.01	0.13	0.56	24.1%
2005-12-31	0.12	0.01	0.11	0.57	21.6%
2005-09-30	0.13	0.01	0.12	0.58	23.1%
2005-06-30	0.14	0.01	0.13	0.58	23.6%
2005-03-31	0.13	0.01	0.12	0.58	23.0%
2004-12-31	0.14	0.01	0.13	0.56	24.5%
2004-09-30	0.12	0.01	0.11	0.56	21.6%
2004-06-30	0.12	0.01	0.11	0.54	22.5%
2004-03-31	0.12	0.02	0.10	0.52	23.8%
2003-12-31	0.12	0.01	0.10	0.50	23.6%
2003-09-30	0.12	0.02	0.10	0.47	25.3%
2003-06-30	0.11	0.02	0.09	0.47	23.5%
2003-03-31	0.09	0.01	0.08	0.47	19.8%
2002-12-31	0.10	0.01	0.09	0.45	22.4%
2002-09-30	0.10	0.01	0.09	0.46	22.5%
2002-06-30	0.09	0.02	0.08	0.44	21.4%
2002-03-31	0.09	0.01	0.08	0.44	21.1%
2001-12-31	0.10	0.03	0.07	0.44	21.8%
2001-09-30	0.10	0.01	0.09	0.43	23.1%
2001-06-30	0.12	0.01	0.11	0.43	27.1%
2001-03-31	0.13	0.01	0.13	0.44	30.4%
2000-12-31	0.14	0.01	0.13	0.44	31.9%
2000-09-30	0.14	0.01	0.13	0.44	30.8%
2000-06-30	0.14	0.01	0.13	0.43	32.9%
2000-03-31	0.15	0.01	0.14	0.42	35.3%
1999-12-31	0.14	0.01	0.13	0.42	33.6%
1999-09-30	0.13	0.01	0.12	0.39	33.5%
1999-06-30	0.12	0.01	0.11	0.36	32.0%
1999-03-31	0.11	0.01	0.10	0.35	31.8%
1998-12-31	0.10	0.02	0.08	0.34	30.4%
1998-09-30	0.11	0.01	0.09	0.33	32.1%
1998-06-30	0.11	0.01	0.10	0.32	34.3%
1998-03-31	0.11	0.01	0.10	0.31	35.6%
1997-12-31	0.08	0.02	0.06	0.28	28.5%
1997-09-30	0.09	0.01	0.07	0.27	32.6%
1997-06-30	0.09	0.02	0.07	0.28	30.6%
1997-03-31	0.07	0.01	0.06	0.25	29.1%
1996-12-31	0.08	0.01	0.07	0.24	31.6%
1996-09-30	0.01	0.00	0.01	0.23	2.3%