Mainebiz

V O L . X X I I N O. V I I I A P R I L 1 8 , 2 0 1 6 30 B A N K I N G & F I N A N C E F O C U S The answer is simple: available credit. Farm Credit East is committed to supporting the agriculture, commercial fishing and forest products businesses that the Northeast's economy depends on. Our lending services will give you the capital you need to grow your business — and that's good for everyone. Contact our lending experts today at the branch closest to you. grow? how does your business Loans and leases / Accounting services / Tax services / Payroll services / Business consulting / FarmStart for new businesses Auburn 800.831.4230 • Presque Isle 800.831.4640 / FarmCreditEast.com Largest Maine-based banks Ranked by total assets as of Dec. 31, 2015 (all dollar figures in thousands) Assets Deposits Net loans and leases Liabilities Net income Maine offices Full-time employees Chief executive 1 Camden National Bank 1 2 Elm St., Camden 04843 236-8821, www.camdennational.com $3,681,225 $2,749,853 $2,479,998 $3,286,821 $22,418 67 650 Gregory Dufour 2 Bangor Savings Bank 3 State St., Bangor 04402 942-5211, www.bangor.com $3,304,123 $2,337,102 $2,262,295 $2,949,518 $22,542 60 693 Bob Montgomery-Rice 3 Bar Harbor Bank & Trust 82 Main St., Bar Harbor 04609 288-3314, www.bhbt.com $1,579,046 $943,705 $980,632 $1,422,650 $16,679 15 218 Curtis Simard 4 The First 223 Main St., Damariscotta 04543 563-3195, www.thefirst.com $1,530,967 $1,044,620 $979,071 $1,393,534 $16,516 16 218 Tony C. McKim 5 Machias Savings Bank 4 Center St., Machias 04654 255-3347, www.machiassavings.com $1,158,833 $954,480 $995,922 $1,012,254 $9,149 18 241 Lawrence Barker 6 Norway Savings Bank 261 Main St., Norway 04268 743-7986, www.norwaysavingsbank.com $1,025,141 $845,958 $818,317 $884,547 $9,217 24 280 Patricia Weigel 7 Gorham Savings Bank 64 Main St., Gorham 04038 839-4450, www.gorhamsavingsbank.com $995,830 $773,080 $763,359 $904,211 $5,648 13 177 Chris Emmons 8 Kennebunk Savings Bank 104 Main St., Kennebunk 04043 985-4903, www.kennebunksavings.com $981,489 $861,432 $803,351 $872,255 $7,156 13 289 Bradford Paige 9 Northeast Bank 500 Canal St., Lewiston 04240 786-3245, www.northeastbank.com $893,445 $743,469 $684,255 $782,570 $9,320 12 188 Richard Wayne 10 Androscoggin Bank 30 Lisbon St., Lewiston 04240 784-9164, www.androscogginbank.com $866,156 $689,963 $706,806 $770,534 $6,004 12 133 Paul Andersen 11 Saco & Biddeford Savings Institution 252 Main St., Saco 04072 284-4591, www.sbsavings.com $861,705 $561,886 $692,858 $770,277 $6,083 7 203 Kevin Savage 12 Kennebec Savings Bank 150 State St., Augusta 04332 622-5801, www.kennebecsavings.com $814,358 $529,140 $654,598 $706,801 $6,329 5 112 Andrew Silsby 13 Bath Savings Institution 105 Front St., Bath 04530 442-7711, www.bathsavings.com $794,075 $629,998 $509,875 $699,464 $6,961 11 173 Glenn Hutchinson 14 Katahdin Trust Co. 11 Main St., Patten 04765 528-2211, www.katahdintrust.com $701,669 $606,369 $580,907 $632,700 $5,042 20 195 Jon Prescott 15 Skowhegan Savings Bank 13 Elm St., Skowhegan 04976 474-9511, www.skowsavings.com $563,533 $426,772 $429,564 $488,357 $3,216 16 132 John Witherspoon 16 Sanford Institution for Savings (SIS Bank) 900 Main St., Sanford 04073 324-2285, www.banksisonline.net $508,144 $395,229 $398,273 $452,944 $2,986 8 112 Mark Mickeriz 17 Biddeford Savings Bank 254 Main St., Biddeford 04005 284-5906, www.biddefordsavings.com $409,989 $299,048 $348,153 $370,456 $2,343 6 74 Charles Petersen 18 Mechanics' Savings Bank 100 Minot Ave., Auburn 04210 786-5700, www.mechanicssavings.com $374,363 $258,618 $320,191 $331,858 $2,228 4 74 Richard Vail Largest Maine-based banks Ranked by total assets as of Dec. 31, 2015 (all dollar figures in thousands) Assets Deposits Net loans and leases Liabilities Net income Maine offices Full-time employees Chief executive 1 Camden National Bank 1 2 Elm St., Camden 04843 236-8821, www.camdennational.com $3,681,225 $2,749,853 $2,479,998 $3,286,821 $22,418 67 650 Gregory Dufour 2 Bangor Savings Bank 3 State St., Bangor 04402 942-5211, www.bangor.com $3,304,123 $2,337,102 $2,262,295 $2,949,518 $22,542 60 693 Bob Montgomery-Rice 3 Bar Harbor Bank & Trust 82 Main St., Bar Harbor 04609 288-3314, www.bhbt.com $1,579,046 $943,705 $980,632 $1,422,650 $16,679 15 218 Curtis Simard 4 The First 223 Main St., Damariscotta 04543 563-3195, www.thefirst.com $1,530,967 $1,044,620 $979,071 $1,393,534 $16,516 16 218 Tony C. McKim 5 Machias Savings Bank 4 Center St., Machias 04654 255-3347, www.machiassavings.com $1,158,833 $954,480 $995,922 $1,012,254 $9,149 18 241 Lawrence Barker 6 Norway Savings Bank 261 Main St., Norway 04268 743-7986, www.norwaysavingsbank.com $1,025,141 $845,958 $818,317 $884,547 $9,217 24 280 Patricia Weigel 7 Gorham Savings Bank 64 Main St., Gorham 04038 839-4450, www.gorhamsavingsbank.com $995,830 $773,080 $763,359 $904,211 $5,648 13 177 Chris Emmons 8 Kennebunk Savings Bank 104 Main St., Kennebunk 04043 985-4903, www.kennebunksavings.com $981,489 $861,432 $803,351 $872,255 $7,156 13 289 Bradford Paige 9 Northeast Bank 500 Canal St., Lewiston 04240 786-3245, www.northeastbank.com $893,445 $743,469 $684,255 $782,570 $9,320 12 188 Richard Wayne 10 Androscoggin Bank 30 Lisbon St., Lewiston 04240 784-9164, www.androscogginbank.com $866,156 $689,963 $706,806 $770,534 $6,004 12 133 Paul Andersen 11 Saco & Biddeford Savings Institution 252 Main St., Saco 04072 284-4591, www.sbsavings.com $861,705 $561,886 $692,858 $770,277 $6,083 7 203 Kevin Savage 12 Kennebec Savings Bank 150 State St., Augusta 04332 622-5801, www.kennebecsavings.com $814,358 $529,140 $654,598 $706,801 $6,329 5 112 Andrew Silsby 13 Bath Savings Institution 105 Front St., Bath 04530 442-7711, www.bathsavings.com $794,075 $629,998 $509,875 $699,464 $6,961 11 173 Glenn Hutchinson 14 Katahdin Trust Co. 11 Main St., Patten 04765 528-2211, www.katahdintrust.com $701,669 $606,369 $580,907 $632,700 $5,042 20 195 Jon Prescott 15 Skowhegan Savings Bank 13 Elm St., Skowhegan 04976 474-9511, www.skowsavings.com $563,533 $426,772 $429,564 $488,357 $3,216 16 132 John Witherspoon 16 Sanford Institution for Savings (SIS Bank) 900 Main St., Sanford 04073 324-2285, www.banksisonline.net $508,144 $395,229 $398,273 $452,944 $2,986 8 112 Mark Mickeriz 17 Biddeford Savings Bank 254 Main St., Biddeford 04005 284-5906, www.biddefordsavings.com $409,989 $299,048 $348,153 $370,456 $2,343 6 74 Charles Petersen 18 Mechanics' Savings Bank 100 Minot Ave., Auburn 04210 786-5700, www.mechanicssavings.com $374,363 $258,618 $320,191 $331,858 $2,228 4 74 Richard Vail C O M P I L E D B Y H E I D E M A R T I N

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