Mainebiz

April 17, 2017

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V O L . X X I I I N O. V I I I A P R I L 1 7 , 2 0 1 7 30 B A N K I N G / F I N A N C E F O C U S C O M P I L E D B Y H E I D E M A R T I N Largest Maine-based banks Ranked by total assets as of Dec. 31, 2016 (all dollar figures in thousands) Previous year's rank 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 1 $3,842,089 $2,848,675 $2,586,284 $3,412,990 $42,277 66 624 Gregory Dufour 2 Bangor Savings Bank 3 State St., Bangor 04401 942-5211, www.bangor.com 2 $3,630,633 $2,570,104 $2,430,639 $3,256,088 $24,833 56 735 Bob Montgomery-Rice 3 Bar Harbor Bank & Trust 2 82 Main St., Bar Harbor 04609 288-3314, www.bhbt.com 3 $1,754,525 $1,051,602 $1,118,645 $1,595,558 $16,854 14 158 Curtis Simard 4 The First National Bank 223 Main St., Damariscotta 04543 563-3195, www.thefirst.com 4 $1,678,542 $1,243,571 $1,062,170 $1,534,931 $18,344 16 230 Tony C. McKim 5 Machias Savings Bank 4 Center St., Machias 04654 255-3347, www.machiassavings.com 5 $1,269,811 $1,057,015 $1,068,669 $1,110,965 $10,368 18 249 Lawrence Barker 6 Norway Savings Bank 261 Main St., Norway 04268 743-7986, www.norwaysavingsbank.com 6 $1,092,604 $900,144 $873,875 $939,559 $10,276 25 278 Patricia Weigel 7 Kennebunk Savings Bank 104 Main St., Kennebunk 04043 985-4903, www.kennebunksavings.com 8 $1,091,147 $967,474 $861,546 $976,862 $7,206 13 274 Bradford Paige 8 Gorham Savings Bank 64 Main St., Gorham 04038 839-4450, www.gorhamsavingsbank.com 7 $1,031,506 $808,555 $803,307 $932,683 $7,683 13 188 Chris Emmons 9 Northeast Bank 500 Canal St., Lewiston 04240 786-3245, www.northeastbank.com 9 $1,012,347 $855,387 $772,707 $882,717 $10,713 12 188 Richard Wayne 10 Androscoggin Bank 30 Lisbon St., Lewiston 04240 784-9164, www.androscogginbank.com 10 $901,857 $718,994 $734,910 $800,188 $5,765 12 157 Paul Andersen 11 Saco & Biddeford Savings Institution 252 Main St., Saco 04072 284-4591, www.sbsavings.com 11 $878,375 $582,579 $707,482 $779,873 $6,589 7 197 Kevin Savage 12 Kennebec Savings Bank 150 State St., Augusta 04332 622-5801, www.kennebecsavings.com 12 $863,954 $553,065 $704,624 $747,823 $7,238 5 118 Andrew Silsby 1 On Dec. 1, 2016, combined its subsidiary Acadia Trust N.A. with Camden National Bank and launched a new brand, Camden National Wealth Management. 2 On Jan. 13, 2017, holding company Bar Harbor Bankshares completed its merger with Lake Sunapee Bank Group, the holding company for LakeSunapee Bank. Notes: Financial data as of Dec. 31, 2016. Number of Maine offices as of Feb. 27, 2017. Although Bank of America, KeyBank, People's United Bank and TD Bank NA do business in Maine, they are omitted from this list because they are not based in Maine. This list was compiled by Heide Martin and published in the April 17, 2017 issue of Mainebiz. SOURCE: Federal Deposit Insurance Corp. Largest Maine-based banks Ranked by total assets as of Dec. 31, 2016 (all dollar figures in thousands)

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