Financial Services >> CEO Interviews >> January 6, 2003

James Delamater – Northeast Bancorp (nbn)

JAMES DELAMATER is President and CEO of Northeast Bancorp, parent company of Northeast Bank FSB and Northeast Financial Services, Inc. He has served in that capacity since 1981, presiding over an unprecedented period of growth for the Auburn-based financial institution. Northeast Bancorp trades on the American Stock Exchange. A native of Maine, Mr. Delamater was an officer with Oxford Bank & Trust, a regional commercial bank located in western Maine, before he joined Northeast Bancorp. He has served as a licensed representative of the New York Stock Exchange with major stock brokerage firms. In addition to being a Board member of Northeast Bancorp and its subsidiaries, Mr. Delamater is Chairman of the Board of Oxford Networks and Chairman of the Board of Syris Scientific. Long active in civic and community organizations, Mr. Delamater is past President of the Oxford Hills Chamber of Commerce and the Oxford Hills Development Corporation, and is a member of the Loan Committee for the Androscoggin Valley Council of Governments. He is also the current President of the Tri-County Babe Ruth League. A graduate of Oxford Hills High School, Mr. Delamater received a nomination to the U.S. Air Force Academy from the State of Maine and served in the U.S. Air Force. He has attended the University of South Carolina and the University of Southern Maine. He resides in Oxford, Maine. Profile
TWST: Would you begin with a brief historical sketch of Northeast

Bancorp and a picture of the company as it is now?

Mr. Delamater: Our company was established in 1872 and converted

to a