Northeast Bank (NBN) 8-K Changes in Registrant's Certifying Accountant

                                                   

                                                                                                                                    Exhibit 16.1

October 3, 2012

Securities and Exchange Commission

Washington, D.C. 20549

Commissioners:

We have read Northeast Bancorp’s statements included under Item 4.01 of its Form 8-K filed on October 3, 2012 and we agree with such statements concerning our firm.

/s/ Shatswell, MacLeod & Company, P.C.

     SHATSWELL, MacLEOD & COMPANY, P.C.