Northeast Bancorp has announced that James Delamater, CEO of its community banking division will retire on August 1, 2013 to pursue other interests in the private sector. Mr. Delamater will remain on the Northeast Bank Community advisory board, and will continue to be active in the community on several boards. The Community Banking Division's leadership team in Maine will remain in place, including Marcel Blais, COO, Robert Johnson, Treasurer, and Heidi Jacques, Director of Human Resources.

Mr. Delamater's various duties will be assumed by them.