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V O L . X X V I N O. X X X 38 BO O K O F L I S T S 2 0 21 F I NA N C E Largest Maine-based banks » C O N T I N U E D F R O M P A G E 3 6 1 Based on June 30, 2019 assets. 2 As of June 30, 2019. 3 Announced Dec. 17, 2019, Bangor Savings Bank plans to acquire Damariscotta Bank & Trust Co. for roughly $35 million, pending regulatory approvals. The transaction is expected to be com- pleted in the second quarter of 2020. 4 Plans to add branches in Windham and Manchester, N.H. by early 2021. 5 Acquired Kennebec Savings and Loan Association. 6 Biddeford Savings Bank and Mechanics' Savings Bank merged into a single charter as Maine Community Bank in January, 2020. These added assets were not reported in December 31, 2019 FDIC report. 7 As Biddeford Savings Bank. 8 Announced Dec. 17, 2019, Bangor Savings Bank plans to acquire Damariscotta Bank & Trust Co. for roughly $35 million, pending regulatory approvals. This list was compiled by Timothy Doyle — tdoyle@nebusinessmedia.com N O T E S : Bank of America, KeyBank, People's United Bank and TD Bank are omitted because they are not based in Maine. S O U R C E : Federal Deposit Insurance Corp. 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 9 Androscoggin Savings Bank 30 Lisbon St., Lewiston 04240 784-9164, androscogginbank.com 11 $1,266,481 $1,054,569 $1,025,718 $1,141,767 $7,089 12 184 Neil Kiely 10 Northeast Bank 500 Canal St., Lewiston 04240 786-3245, northeastbank.com 9 $1,257,635 $1,027,015 $991,877 $1,092,896 $20,921 11 175 Richard Wayne 11 Kennebec Savings Bank 5 150 State St., Augusta 04332 622-5801, www.kennebecsavings.bank 10 $1,221,216 $912,226 $1,042,352 $1,065,531 $17,715 6 143 Andrew Silsby 12 Saco & Biddeford Savings Institution 252 Main St., Saco 04072 284-4591, sbsavings.com 12 $1,088,349 $782,088 $852,907 $968,974 $7,032 7 197 Bob Quentin 13 Bath Savings Institution 105 Front St., Bath 04530 442-7711, bathsavings.com 13 $1,042,137 $827,382 $665,357 $889,560 $16,147 12 181 Glenn Hutchinson 14 Maine Community Bank 6 254 Main St., Biddeford 04005 N/A N/A $991,050 $801,670 $859,018 $872,958 $5,560 7 10 159 Jeanne A. Hulit 15 Katahdin Trust Co. 11 Main St., Patten 04765 528-2211, katahdintrust.com 14 $981,375 $850,177 $796,403 $892,457 $8,698 17 167 Jon Prescott 16 Skowhegan Savings Bank 13 Elm St., Skowhegan 04976 474-9511, skowhegansavings.com 15 $669,046 $547,744 $476,307 $572,453 $6,760 11 134 David Cyr 17 Partners Bank 900 Main St., Sanford 04073 324-2285, www.partnersbankonline.com 16 $653,360 $534,814 $540,531 $580,976 $6,544 8 120 Blaine Boudreau 18 Franklin Savings Bank 197 Main St., Farmington 04938 778-3339, franklinsavings.bank 19 $471,841 $358,671 $425,272 $364,845 $3,977 8 123 Tim Thompson 19 Damariscotta Bank & Trust Co. 8 25 Main St., Damariscotta 04543 563-8121, damariscottabank.com 20 $205,144 $184,369 $125,083 $186,540 $1,014 6 46 Scott Conant 20 First Federal Savings & Loan Assoc. of Bath 125 Front St., Bath 04530 442-8711, www.firstfederalbath.com N/A $148,593 $123,644 $113,279 $125,454 $1,272 5 35 Andrew Perry Maine Community Bank is building an $8 million operations center in Westbrook. It broke ground on the 23,000-square-foot building in October 2020.