Franklin Savings Bank (ME)


Overview / Commentary
207-778-3339
197 Main Street
Farmington, ME 04938-0825

Franklin Savings Bank (ME) is headquartered in FARMINGTON and is the 17th largest bank in the state of Maine. It is also the 1,340th largest bank in the nation. It was established in 1868 and as of December of 2024, it had grown to 142 employees at 8 locations. Franklin Savings Bank (ME) has an A+ health rating.

Reviews

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Health
A+

Health Grade Components

Overall
FDIC Certificate #19836
Year Established1868
Employees142
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD3.58%
Annual Interest Income$36MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$726MM$659.7MM
LoansQ4 2024vs Q4 2023$616.8MM$542.7MM
DepositsQ4 2024vs Q4 2023$546.1MM$484.6MM
Equity CapitalQ4 2024vs Q4 2023$126.4MM$120.8MM
Loan Loss AllowanceQ4 2024vs Q4 2023$4.5MM$4.5MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$5.5MM$3.8MM
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates

Rates for Franklin Savings Bank (ME) are currently being reviewed.

Locations


Franklin Savings Bank (ME) Locations
Rumford Branch155-157 Congress StreetRumford, ME 04276
Somerset Branch194 Madison StreetSkowhegan, ME 04976
Franklin Savings Bank197 Main StFarmington, ME 04938
Rangeley Branch2573 Main StreetRangeley, ME 04970
Jay Branch9 Main StreetJay, ME 04239
Wilton Branch603 Main StreetWilton, ME 04294
Ellsworth Branch130 Oak StEllsworth, ME 04605

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