V O L . X X V I I I N O. X X X
40
BO O K O F L I S T S 2 0 2 3
F I NA N C E
Largest Maine-based banks
Ranked by assets as of June 30, 2022 (all dollar figures in thousands)
1
C O N T I N U E D O N P A G E 4 2
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2018 RANK 2019 RANK 2020 RANK 2021 RANK 2022 RANK
LARGEST MAINE-BASED BANKS RANKED BY TOTAL ASSETS, 2018–2022
Bangor Savings Bank Camden National Bank Bar Harbor Bank & Trust The First National Bank
$4.27B
$4.55B
$5.49B
$6.42B
$7.04B
$4.18B
$4.43B
$4.93B
$5.13B
$5.45B
$3.50B
$3.68B
$3.78B
$3.64B
$3.71B
$1.89B
$1.97B
$2.23B
$2.42B
$2.59B
1 1 1 1 1 2 2 2 2 2 3 3 3 3 3 4 4 4 4 4
Assets
(000)
Total
deposits
(000)
Net loans
and leases
(000)
Liabilities
(000)
Net income
(000)
Maine
offices
FTE
employees Executive(s)
1
Bangor Savings Bank
3 State St., Bangor 04401
942-5211 • bangor.com
$7,044,628 $5,698,679 $4,174,105 $6,644,447 $23,786 61 1,061
Bob
Montgomery-
Rice
2
Camden National Bank
2 Elm St., Camden 04843
236-8821 • camdennational.com
$5,454,674 $4,564,900 $3,693,323 $4,993,678 $33,092 57 630
Gregory
Dufour
3
Bar Harbor Bank & Trust
82 Main St., Bar Harbor 04609
288-3314 • bhbt.com
$3,712,836 $3,085,621 $2,707,057 $3,264,239 $21,543 22 488
Curtis C.
Simard
4
First National Bank
223 Main St., Damariscotta 04543
563-3195 • thefirst.com
$2,595,799 $2,252,978 $1,772,843 $2,396,876 $20,149 18 273
Tony C.
McKim
5
Machias Savings Bank
4 Center St., Machias 04654
255-3347 • machiassavings.com
$2,272,024 $1,925,714 $1,741,067 $2,049,994 $4,466 15 308
Lawrence
Barker
6
Kennebunk Savings Bank
104 Main St., Kennebunk 04043
467-2880 • kennebunksavings.com
$1,796,670 $1,641,103 $1,248,323 $1,658,529 $5,316 12 342
Bradford
Paige
7
Norway Savings Bank
261 Main St., Norway 04268
743-7986 • norwaysavingsbank.com
$1,739,201 $1,514,378 $1,131,615 $1,545,368 −$1,103 24 323 Daniel Walsh
8
Northeast Bank
500 Canal St., Lewiston 04240
786-3245 • northeastbank.com
$1,582,759 $1,302,616 $1,299,838 $1,334,438 $20,883 9 171
Richard
Wayne
9
Gorham Savings Bank
64 Main St., Gorham 04038
839-4450 • gorhamsavingsbank.com
$1,555,791 $1,381,456 $1,160,705 $1,442,766 $1,591 13 197
Steve
deCastro
Assets
(000)
Total
deposits
(000)
Net loans
and leases
(000)
Liabilities
(000)
Net income
(000)
Maine
offices
FTE
employees Executive(s)
