Overview / Commentary
Kennebec Savings Bank is headquartered in Augusta and is the 10th largest bank in the state of Maine. It is also the 737th largest bank in the nation. It was established in 1870 and as of March of 2019, it had grown to 138 employees at 5 locations. Kennebec Savings Bank has an A+ health rating.
Health
A+
Data as of Q1 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 17897 |
| Year Established | 1870 |
| Employees | 138 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.98% |
| Return on Equity - YTD | 7.63% |
| Annual Interest Income | $11.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $1.08B$983.5MM |
| Loans | Q1 2019vs Q1 2018 | $889.5MM$795.6MM |
| Deposits | Q1 2019vs Q1 2018 | $760.1MM$651.0MM |
| Equity Capital | Q1 2019vs Q1 2018 | $141.8MM$129.1MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $5.3MM$4.6MM |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $3.6MM$3.3MM |
| Real Estate Owned | Q1 2019vs Q1 2018 | $0$21.00K |
Rates
Rates for Kennebec Savings Bank are currently being reviewed.
Locations
| Kennebec Savings Bank Locations | ||
|---|---|---|
| Farmingdale Branch | 1 Northern Avenue | Farmingdale, ME 04344 |
| Kennebec Savings Bank | 150 State Street | Augusta, ME 04330 |
| Waterville Branch | 226 Main Street | Waterville, ME 04901 |
| Winthrop Branch | 84 Main Street | Winthrop, ME 04364 |
| Granite Hill Estates Branch | Granite Hill Estates, 60 Balsam Drive | Hallowell, ME 04347 |