Northeast Bank (NASDAQ:NBN) Q2 2023 Earnings Call Transcript

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Rick Wayne : I think we could give you a better answer when we reconvene at the next call, I’m not trying to avoid your question, but I don’t want to put out a bad number. And we’ll have a much better idea than as I — but I did want to make it clear that we have a lot of operating leverage in the bank, and it’s going to be a relatively small number relative to our expenses and our — the size of our loan book. I’d rather — to give you the idea, I’d rather put that out when we talk next time, we can give you a much tighter number.

Alex Twerdahl : Okay. No problem. I think that’s all my questions for now. Thank you for providing some clarification here.

Rick Wayne : Thank you, Alex.

Operator: We have no further questions at this time. I would like to turn the call back over to Rick Wayne for any closing remarks.

Rick Wayne : Thank you and those on the call. Thank you very much for your participation. Alex, thank you for your questions. Good ones, actual ones. And we look forward to talking to you again at the end of the current quarter, where we can provide some — tighter answers to the question that Alex asked. And with all of that, I say thank you.

Operator: Thank you, ladies and gentlemen. This concludes today’s conference. Thank you for participating. You may now disconnect. Everyone, have a wonderful day.

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