V O L . X X V I N O. X X X
36
BO O K O F L I S T S 2 0 21
F I NA N C E
Largest Maine-based banks
Ranked by total assets as of June 30, 2019 (all dollar figures in thousands)
C O N T I N U E D O N P A G E 3 8
»
2017 RANK
2018 RANK 2019 RANK 2020 RANK
LARGEST MAINE-BASED BANKS RANKED BY TOTAL ASSETS, 2016–2020
2016 RANK
Bangor Savings Bank Camden National Bank Bar Harbor Bank & Trust The First National Bank
$4.01B
$4.27B
$4.55B
$5.49B
$3.68B
$3.78B
$4.18B
$4.43B
$4.93B
$3.30B
$3.50B
$3.50B
$3.68B
$3.78B
$1.58B
$1.76B
$1.89B
$1.97B
$2.23B
$1.53B
2 1 3 4 1 1 1 2 2 2 3 3 3 4 4 4 2 1 3 4
Previous
year's
rank
1
Assets
(000)
Deposits
(000)
Net loans
and leases
(000)
Liabilities
(000)
Net
Income
(000)
2
Maine
offices
Full-time
employees
Chief
Executive
1 Bangor Savings Bank
3
3 State St., Bangor 04401
942-5211, bangor.com
1 $5,486,974 $4,211,658 $3,824,725 $4,965,744 $59,480 54
4
982 Bob
Montgomery-
Rice
2 Camden National Bank
2 Elm St., Camden 04843
236-8821, camdennational.com
2 $4,934,472 $4,017,830 $3,327,092 $4,384,827 $28,851 59 625 Gregory Dufour
3 Bar Harbor Bank & Trust
82 Main St., Bar Harbor 04609
288-3314, bhbt.com
3 $3,777,758 $2,709,643 $2,712,908 $3,327,434 $26,917 22 487 Curtis Simard
4 First National Bank
223 Main St., Damariscotta 04543
563-3195, thefirst.com
4 $2,232,682 $1,741,124 $1,442,463 $2,045,004 $26,122 16 249 Tony C. McKim
Previous
year's
rank
1
Assets
(000)
Deposits
(000)
Net loans
and leases
(000)
Liabilities
(000)
Net
Income
(000)
Maine
offices
Full-time
employees
Chief
Executive
5 Machias Savings Bank
4 Center St., Machias 04654
255-3347, machiassavings.com
5 $1,727,646 $1,484,366 $1,480,092 $1,520,111 $16,577 16 289 Lawrence
Barker
6 Kennebunk Savings Bank
104 Main St., Kennebunk 04043
467-2880, kennebunksavings.com
6 $1,466,260 $1,291,047 $1,152,607 $1,315,431 $10,323 12 288 Bradford Paige
7 Norway Savings Bank
261 Main St., Norway 04268
743-7986, norwaysavingsbank.com
8 $1,418,003 $1,195,519 $1,135,661 $1,220,380 $20,559 24 301 Patricia Weigel
8 Gorham Savings Bank
64 Main St., Gorham 04038
839-4450, gorhamsavingsbank.com
7 $1,387,115 $1,194,711 $1,066,754 $1,263,931 $7,986 14 191 Steve
deCastro
Machias Savings Bank
will usher in 2021 with a
restructured leadership
setup. It includes two
new executive positions
and four regional
senior vice presidents.
Patricia Weigel stepped
down as president of
Norway Savings Bank
and was named board
chair in September
2020. She will stay on as
CEO until her retirement
in Dec. 2021 and be
succeeded by Dan Walsh.
