Northeast Bank(US:NBN)2025-10-29 14:00Financial Performance - Net income for Q1 FY26 was $22541 thousand[72] - Basic EPS was $272 and Diluted EPS was $267[4] - Return on Equity was 1764% and Return on Assets was 213%[4] Loan Portfolio - Total loan volume reached $3205 million in Q1 FY26[4] - Purchased loans amounted to $1446 million invested on $1527 million of UPB, representing a 947% purchase price[4] - Originated loans totaled $1338 million[4] - SBA loans originated were $420 million and SBA loans sold were $527 million, resulting in a gain on sale of $41 million[4] - The total loan portfolio balance was $3752951 thousand, with an average balance of $416 thousand and a weighted average LTV of 49%[6] National Lending Portfolio - National Lending purchased loans had a total balance of $2406506 thousand with 3624 loans and an average balance of $664 thousand[6] - Direct originated loans in the National Lending Division had a total balance of $490770 thousand with 83 loans and an average balance of $5913 thousand[6] - Lender Finance loans in the National Lending Division had a total balance of $722341 thousand with 115 loans and an average balance of $6281 thousand[6] - The weighted average rate for National Lending as of September 30, 2025, was 798%[4]