Northeast Bank Announces CFO Transition; Richard Cohen Stepping Down to Pursue New Opportunities, Effective October 31, 2025; Santino Delmolino Appointed CFO, Effective October 31, 2025

Core Points - Northeast Bank announced the resignation of Richard Cohen as Chief Financial Officer, effective October 31, 2025, to pursue other opportunities [1][2] - Santino Delmolino, currently the Corporate Controller, will succeed Cohen as CFO on the same date [1][3] Management Transition - Richard Cohen has been recognized for his leadership and contributions to the bank's strategic and financial goals during his tenure [2] - Santino Delmolino brings extensive experience in financial services and public accounting, having previously worked at Fidelity Investments and KPMG [2][3] Company Overview - Northeast Bank is headquartered in Portland, Maine, and offers personal and business banking services through seven branches [3] - The bank also has a National Lending Division that originates commercial loans nationwide and a division called ableBanking that provides online savings products [3]