Skowhegan Savings


Overview / Commentary
207-474-9511
13 Elm Street
Skowhegan, ME 04976

Skowhegan Savings is headquartered in Skowhegan and is the 17th largest bank in the state of Maine. It is also the 1,244th largest bank in the nation. It was established in 1869 and as of June of 2022, it had grown to 140 employees at 13 locations. Skowhegan Savings has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #19532
Year Established1869
Employees140
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.48%
Return on Equity - YTD3.8%
Annual Interest Income$12.1MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$754.4MM$754.2MM
LoansQ2 2022vs Q2 2021$509.3MM$484.1MM
DepositsQ2 2022vs Q2 2021$650.2MM$638.5MM
Equity CapitalQ2 2022vs Q2 2021$90.0MM$102.2MM
Loan Loss AllowanceQ2 2022vs Q2 2021$5.9MM$5.8MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$784.00K$3.0MM
Real Estate OwnedQ2 2022vs Q2 2021$0$39.00K
Rates

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Locations

Availability



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