Issue link: https://nebusinessmedia.uberflip.com/i/617418
V O L . X X I N O. X X I X 40 BO O K O F L I S T S 2 0 16 F I NA N C E 8 Kennebunk Savings Bank 104 Main St., Kennebunk 04043 985-4903, www.kennebunksavings.com $922,234 $795,059 $767,973 $819,047 $7,900 13 272 Bradford Paige 9 Saco & Biddeford Savings Institution 252 Main St., Saco 04072 284-4591, www.sbsavings.com $829,413 $536,425 $666,196 $743,865 $5,718 7 197 Kevin Savage 10 Androscoggin Bank 30 Lisbon St., Lewiston 04240 784-9164, www.androscogginbank.com $807,822 $632,335 $646,629 $716,337 $5,960 12 129 Paul Andersen 11 Northeast Bank 500 Canal St., Lewiston 04240 786-3245, www.northeastbank.com $806,585 $648,230 $577,114 $704,891 $5,514 12 178 Richard Wayne 12 The Bank of Maine 3 2 Canal Plaza, Portland 04101 518-6774, www.thebankofmaine.com $805,459 $657,798 $629,685 $706,321 $2,351 26 254 John Everets 13 Kennebec Savings Bank 150 State St., Augusta 04332 622-5801, www.kennebecsavings.com $805,402 $527,066 $636,761 $701,591 $6,168 5 114 Andrew Silsby 14 Bath Savings Institution 105 Front St., Bath 04530 442-7711, www.bathsavings.com $765,362 $592,446 $491,412 $677,512 $6,491 11 165 Glenn Hutchinson 15 Katahdin Trust Co. 11 Main St., Patten 04765 528-2211, www.katahdintrust.com $666,408 $561,783 $559,438 $599,641 $4,469 20 196 Jon Prescott 16 Skowhegan Savings Bank 13 Elm St., Skowhegan 04976 474-9511, www.skowsavings.com $534,853 $388,820 $401,960 $462,718 $3,117 16 132 John Witherspoon 17 Sanford Institution for Savings 900 Main St., Sanford 04073 324-2285, www.banksisonline.net $452,331 $360,509 $379,132 $397,675 $2,980 8 107 Mark Mickeriz 18 Biddeford Savings Bank 254 Main St., Biddeford 04005 284-5906, www.biddefordsavings.com $379,774 $273,680 $312,189 $341,708 $2,386 6 74 Charles Petersen 19 Mechanics' Savings Bank 100 Minot Ave., Auburn 04210 786-5700, www.mechanicssavings.com $373,647 $250,596 $307,571 $334,170 $2,087 4 74 Richard Vail 20 Franklin Savings Bank 197 Main St., Farmington 04938 778-3339, www.fsbme.com $345,237 $243,887 $292,697 $254,486 $3,299 7 103 Peter Judkins 21 Damariscotta Bank & Trust Co. 25 Main St., Damariscotta 04543 563-8121, www.damariscottabank.com $173,653 $154,504 $112,231 $156,678 $622 6 55 Scott Conant 22 First Federal Savings & Loan Assoc. of Bath 125 Front St., Bath 04530 442-8711, www.firstfederalbath.com $116,102 $97,082 $105,759 $97,889 $275 5 36 Andrew Perry 23 Aroostook County Federal Savings & Loan Assoc. 43 High St., Caribou 04736 498-8726, www.yourhomebank.com $95,245 $83,504 $76,429 $83,645 $408 2 24 John Swanberg 24 Bar Harbor Savings & Loan Assoc. 103 Main St., Bar Harbor 04609 288-3685, www.bhsla.com $88,160 $74,524 $71,475 $80,608 $693 1 7 William Weir Jr. 25 Kennebec Federal Savings & Loan Assoc. 70 Main St., Waterville 04901 873-5151, www.kfsavings.com $84,276 $56,436 $75,403 $76,950 $135 2 21 Allan Rancourt 26 Rockland Savings Bank 582 Main St., Rockland 04841 594-8465, www.rocklandsavingsbank.com $81,595 $69,787 $63,408 $70,472 $19 2 21 Tim Adams 27 Auburn Savings Bank 256 Court St., Auburn 04212 782-6871, www.auburnsavings.com $72,338 $51,132 $61,802 $66,471 -$273 2 17 Allen Sterling 1 Topped the list as of Dec. 31, 2014. 2 The acquisition of Bank of Maine completed in October 2015 is expected to affect the rankings. Look for the April 18, 2016 issue of Mainebiz for a list updated with figures as of 11 Northeast Bank 500 Canal St., Lewiston 04240 786-3245, www.northeastbank.com $806,585 $648,230 $577,114 $704,891 $5,514 12 178 Richard Wayne 12 The Bank of Maine 3 2 Canal Plaza, Portland 04101 518-6774, www.thebankofmaine.com $805,459 $657,798 $629,685 $706,321 $2,351 26 254 John Everets 13 Kennebec Savings Bank 150 State St., Augusta 04332 622-5801, www.kennebecsavings.com $805,402 $527,066 $636,761 $701,591 $6,168 5 114 Andrew Silsby 14 Bath Savings Institution 105 Front St., Bath 04530 442-7711, www.bathsavings.com $765,362 $592,446 $491,412 $677,512 $6,491 11 165 Glenn Hutchinson 15 Katahdin Trust Co. 11 Main St., Patten 04765 528-2211, www.katahdintrust.com $666,408 $561,783 $559,438 $599,641 $4,469 20 196 Jon Prescott 16 Skowhegan Savings Bank 13 Elm St., Skowhegan 04976 474-9511, www.skowsavings.com $534,853 $388,820 $401,960 $462,718 $3,117 16 132 John Witherspoon 17 Sanford Institution for Savings 900 Main St., Sanford 04073 324-2285, www.banksisonline.net $452,331 $360,509 $379,132 $397,675 $2,980 8 107 Mark Mickeriz 18 Biddeford Savings Bank 254 Main St., Biddeford 04005 284-5906, www.biddefordsavings.com $379,774 $273,680 $312,189 $341,708 $2,386 6 74 Charles Petersen 19 Mechanics' Savings Bank 100 Minot Ave., Auburn 04210 786-5700, www.mechanicssavings.com $373,647 $250,596 $307,571 $334,170 $2,087 4 74 Richard Vail 20 Franklin Savings Bank 197 Main St., Farmington 04938 778-3339, www.fsbme.com $345,237 $243,887 $292,697 $254,486 $3,299 7 103 Peter Judkins 21 Damariscotta Bank & Trust Co. 25 Main St., Damariscotta 04543 563-8121, www.damariscottabank.com $173,653 $154,504 $112,231 $156,678 $622 6 55 Scott Conant 22 First Federal Savings & Loan Assoc. of Bath 125 Front St., Bath 04530 442-8711, www.firstfederalbath.com $116,102 $97,082 $105,759 $97,889 $275 5 36 Andrew Perry 23 Aroostook County Federal Savings & Loan Assoc. 43 High St., Caribou 04736 498-8726, www.yourhomebank.com $95,245 $83,504 $76,429 $83,645 $408 2 24 John Swanberg 24 Bar Harbor Savings & Loan Assoc. 103 Main St., Bar Harbor 04609 288-3685, www.bhsla.com $88,160 $74,524 $71,475 $80,608 $693 1 7 William Weir Jr. 25 Kennebec Federal Savings & Loan Assoc. 70 Main St., Waterville 04901 873-5151, www.kfsavings.com $84,276 $56,436 $75,403 $76,950 $135 2 21 Allan Rancourt 26 Rockland Savings Bank 582 Main St., Rockland 04841 594-8465, www.rocklandsavingsbank.com $81,595 $69,787 $63,408 $70,472 $19 2 21 Tim Adams 27 Auburn Savings Bank 256 Court St., Auburn 04212 782-6871, www.auburnsavings.com $72,338 $51,132 $61,802 $66,471 -$273 2 17 Allen Sterling 1 Topped the list as of Dec. 31, 2014. 2 The acquisition of Bank of Maine completed in October 2015 is expected to affect the rankings. Look for the April 18, 2016 issue of Mainebiz for a list updated with figures as of Dec. 31, 2015. 3 Merged with Camden National Bank on Oct. 16, 2015 and now operates under that name. Gregory A. Dufour, current head of Camden National, is president/CEO of merged entity. Although Bank of America, KeyBank, People's United Bank and TD Bank NA do business in Maine, they are omitted from this list because their Maine-specific assets are not available. This list was compiled by Roger Magnus and Heide Martin and published in the March 23, 2015, issue of Mainebiz. SOURCE: Federal Deposit Insurance Corp. Largest Maine-based banks ยป C O N T I N U E D F R O M P A G E 3 8 Largest Maine-based banks Ranked by total assets as of Dec. 31, 2014 (all dollar figures in thousands) Assets Deposits Net loans and leases Liabilities Net income Maine offices Full-time employees Chief executive 1 Bangor Savings Bank 1 99 Franklin St., Bangor 04401 942-5211, www.bangor.com $3,110,609 $2,256,699 $2,115,761 $2,773,366 $21,859 58 677 Bob Montgomery- Rice 2 Camden National Bank 2 2 Elm St., Camden 04843 236-8821, www.camdennational.com $2,762,686 $1,950,722 $1,751,494 $2,495,746 $25,882 45 440 Gregory Dufour 3 Bar Harbor Bank & Trust 82 Main St., Bar Harbor 04609 288-3314, www.bhbt.com $1,458,456 $859,170 $910,055 $1,310,407 $15,838 15 220 Curtis Simard 4 The First 223 Main St., Damariscotta 04543 563-3195, www.thefirst.com $1,448,154 $1,025,341 $907,220 $1,315,755 $15,072 16 218 Tony C. McKim 5 Machias Savings Bank 4 Center St., Machias 04654 255-3347, www.machiassavings.com $1,112,734 $908,265 $947,613 $974,923 $8,852 17 238 Lawrence Barker 6 Norway Savings Bank 261 Main St., Norway 04268 743-7986, www.norwaysavingsbank.com $994,239 $809,929 $792,468 $861,506 $8,639 25 277 Patricia Weigel 7 Gorham Savings Bank 64 Main St., Gorham 04038 839-4450, www.gorhamsavingsbank.com $969,976 $743,469 $726,041 $880,693 $4,134 12 176 Chris Emmons 8 Kennebunk Savings Bank 104 Main St., Kennebunk 04043 985-4903, www.kennebunksavings.com $922,234 $795,059 $767,973 $819,047 $7,900 13 272 Bradford Paige 9 Saco & Biddeford Savings Institution 252 Main St., Saco 04072 284-4591, www.sbsavings.com $829,413 $536,425 $666,196 $743,865 $5,718 7 197 Kevin Savage 10 Androscoggin Bank 30 Lisbon St., Lewiston 04240 784-9164, www.androscogginbank.com $807,822 $632,335 $646,629 $716,337 $5,960 12 129 Paul Andersen 11 Northeast Bank 500 Canal St., Lewiston 04240 786-3245, www.northeastbank.com $806,585 $648,230 $577,114 $704,891 $5,514 12 178 Richard Wayne 12 The Bank of Maine 3 2 Canal Plaza, Portland 04101 518-6774, www.thebankofmaine.com $805,459 $657,798 $629,685 $706,321 $2,351 26 254 John Everets 13 Kennebec Savings Bank 150 State St., Augusta 04332 622-5801, www.kennebecsavings.com $805,402 $527,066 $636,761 $701,591 $6,168 5 114 Andrew Silsby 14 Bath Savings Institution 105 Front St., Bath 04530 442-7711, www.bathsavings.com $765,362 $592,446 $491,412 $677,512 $6,491 11 165 Glenn Hutchinson 15 Katahdin Trust Co. 11 Main St., Patten 04765 528-2211, www.katahdintrust.com $666,408 $561,783 $559,438 $599,641 $4,469 20 196 Jon Prescott 16 Skowhegan Savings Bank 13 Elm St., Skowhegan 04976 474-9511, www.skowsavings.com $534,853 $388,820 $401,960 $462,718 $3,117 16 132 John Witherspoon 17 Sanford Institution for Savings 900 Main St., Sanford 04073 324-2285, www.banksisonline.net $452,331 $360,509 $379,132 $397,675 $2,980 8 107 Mark Mickeriz 18 Biddeford Savings Bank 254 Main St., Biddeford 04005 284-5906, www.biddefordsavings.com $379,774 $273,680 $312,189 $341,708 $2,386 6 74 Charles Petersen 19 Mechanics' Savings Bank $373,647 $250,596 $307,571 $334,170 $2,087 4 74 Richard Vail