<ARTICLE> 9 <CIK> 0000811831 <NAME> NORTHEAST BANCORP <MULTIPLIER> 1 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-END> JUN-30-1996 <CASH> 3,386,263 <INT-BEARING-DEPOSITS> 8,179,865 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 197,621 <INVESTMENTS-HELD-FOR-SALE> 29,650,319 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 169,850,924 <ALLOWANCE> 2,549,000 <TOTAL-ASSETS> 222,289,615 <DEPOSITS> 145,195,369 <SHORT-TERM> 35,665,158 <LIABILITIES-OTHER> 1,554,846 <LONG-TERM> 21,723,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 1,999,980 <COMMON> 1,181,733 <OTHER-SE> 14,969,529 <TOTAL-LIABILITIES-AND-EQUITY> 222,289,615 <INTEREST-LOAN> 16,010,685 <INTEREST-INVEST> 1,387,853 <INTEREST-OTHER> 596,324 <INTEREST-TOTAL> 17,994,862 <INTEREST-DEPOSIT> 6,426,172 <INTEREST-EXPENSE> 9,128,404 <INTEREST-INCOME-NET> 8,866,458 <LOAN-LOSSES> 602,860 <SECURITIES-GAINS> 278,895 <EXPENSE-OTHER> 8,448,757 <INCOME-PRETAX> 1,912,032 <INCOME-PRE-EXTRAORDINARY> 1,912,032 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,193,420 <EPS-PRIMARY> 0.83 <EPS-DILUTED> 0.79 <YIELD-ACTUAL> 4.256 <LOANS-NON> 2,603,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 341,215 <LOANS-PROBLEM> 2,541,000 <ALLOWANCE-OPEN> 2,396,000 <CHARGE-OFFS> 525,653 <RECOVERIES> 75,793 <ALLOWANCE-CLOSE> 2,549,000 <ALLOWANCE-DOMESTIC> 499,200 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 2,049,800