Katahdin Trust Company


Overview / Commentary
207-528-2211
11 Main Street
Patten, ME 04765

Katahdin Trust Company is headquartered in PATTEN and is the 16th largest bank in the state of Maine. It is also the 989th largest bank in the nation. It was established in 1918 and as of March of 2024, it had grown to 169 employees at 17 locations. Katahdin Trust Company has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #12874
Year Established1918
Employees169
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.88%
Return on Equity - YTD8.52%
Annual Interest Income$12.6MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$1.02B$980.7MM
LoansQ1 2024vs Q1 2023$789.9MM$753.2MM
DepositsQ1 2024vs Q1 2023$876.9MM$859MM
Equity CapitalQ1 2024vs Q1 2023$106.7MM$100.6MM
Loan Loss AllowanceQ1 2024vs Q1 2023$7.9MM$7.8MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$1.5MM$474K
Real Estate OwnedQ1 2024vs Q1 2023$0$0
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Locations

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