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V I E W P O I N T S W W W. M A I N E B I Z . B I Z 3 A P R I L 2 1 , 2 0 2 5 From the Editor I t's commonly said in Maine that banks that are based in northern Maine or Downeast often look to southern Maine to expand. Banks based in southern Maine are less likely to look north. Now, what we're seeing is Maine banks setting their sites even further south and west, extending the branch network to New Hampshire. It makes sense. New Hampshire has seen contin- ued growth, and Maine bankers are seeing opportu- nities. As in Maine, the market leader is TD Bank, with 24% of the share of deposits (compared to 14% in Maine). Major regional banks hold more than half the share of New Hampshire's bank deposits, according to FDIC numbers. As a trade association leader told Mainebiz, "e business environment in northern New England may be more familiar to bankers in Maine, so expanding into New Hampshire and Vermont is perhaps a more comfortable fit than expanding into Boston and Massachusetts." Senior Writer Laurie Schreiber's story, "Maine banks 'bank' on New Hampshire growth," starts on Page 14. Elsewhere in the issue, Deputy Editor Renee Cordes dove into the TimberHP reorganization story. Soon after the Madison-based insulation maker filed for Chapter 11 protection in a Delaware bankruptcy court, Renee started making calls and digging through hundreds of pages of legal filings. e plant's origi- nal investment was $125 million, and I don't think I'm overstating this to say that the future of the company depends on a collective effort from the public and pri- vate entities in Maine's financing ecosystem. Renee's story starts on Page 20. Peter Van Allen pvanallen@mainebiz.biz Featured @ Mainebiz.biz For a daily digest of Maine's top business news, sign up for the Mainebiz Daily Report at mainebiz.biz/enews Mainebiz offers a range of Maine business news in the Daily Report and Real Estate Insider newsletters. Here is the top content from April 1–15. 1. Maine's largest car dealer braces for 'devastating' tariffs 2. Maine Children's Museum loses federal grant funding 3. Maine, New Brunswick businesses look to maintain good relations despite difficult trade climate 4. Flowfold acquired by Trenton-based maker of winter gloves and mitts 5. Multifamily portfolios in Portland and Lewiston sold in separate deals 6. Made in Maine: Axe maker in South Portland carves out a niche 7. Buy low, sell higher: Despite Maine's pricey housing market, 'flippers' are turning bargains into profits 8. Portland industrial software startup shines on Inc. magazine list of region's fastest-growing companies 9. How are you reacting to the volatility in the stock market? (Poll question) 10. Martin's Point Health Care breaks ground on 100,000-square-foot office building F I L E P H O T O / T I M G R E E N WAY 1 New Hampshire has seen a lot of growth, and Maine bankers are seeing opportunity in Portsmouth, Manchester and the North Conway markets, among others. We're attorneys. But we're people first. Meet Casey. A thoughtful, level-headed real estate attorney, Casey focuses on all types of real estate, financing, construction and development matters. Casey has extensive experience in complex finance and debt structures. bernsteinshur.com Casey McCullen Shareholder Maine banks look to Granite State for growth

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