Mainebiz

W W W. M A I N E B I Z . B I Z 33 N OV E M B E R 2 7 , 2 0 1 7 F O C U S B A N K I N G / F I N A N C E Financing that fuels progress for all. Local lender and national leader in rural business development To work with us or apply for a loan, call 207-504-5900 or visit CEI has committed millions of dollars to growing good jobs, supporting environmental sustainability and creating shared prosperity in Maine and across the country since 1977. Previous year's rank Assets (000) Deposits (000) Net loans and leases (000) Liabilities (000) Net income (000) 1 Maine offices 2 Full-time employees 2 Chief executive 3 4 5 19 Franklin Savings Bank 197 Main St., Farmington 04938 778-3339, franklinsavings.bank 19 $381,628 $257,430 $344,690 $286,083 $3,370 8 110 Peter Judkins 20 Damariscotta Bank & Trust Co. 25 Main St., Damariscotta 04543 563-8121, damariscottabank.com 20 $186,290 $161,688 $120,186 $168,937 $657 6 52 Scott Conant 1 2 3 4 5 SOURCE: Stay informed, engaged and connected with a print + digital subscription to Mainebiz. You'll receive bi-weekly issues, special publications and full online access! Southern Maine builds Southern Maine builds Southern Maine builds on diverse industries on diverse industries on diverse industries S O U T H E R N M A I N E S O U T H E R N M A I N E S O U T H E R N M A I N E F O C U S F O C U S F O C U S Economy Economy Economy motion motion motion in in in Economy in Economy Economy Economy in Economy in Economy in Economy Economy Economy in Economy motion in motion motion motion in motion in motion in motion motion motion in motion $2.00 $2.00 $2.00 July 10, 2017 July 10, 2017 July 10, 2017 VO L . X X I I I N O. X V VO L . X X I I I N O. X V VO L . X X I I I N O. X V www.mainebiz.biz www.mainebiz.biz www.mainebiz.biz Know Maine Business. Or call: 845.267.3008 Subscribe online: mainebiz.biz/knowmainebiz F U L L C O N T E N T S O N PA G E 4 F U L L C O N T E N T S O N PA G E 4 F U L L C O N T E N T S O N PA G E 4 on diverse industries on diverse industries on diverse industries S O U T H E R N M A I N E F O C U S S TA R T S O N PA G E 1 1 S O U T H E R N M A I N E F O C U S S TA R T S O N PA G E 1 1 S O U T H E R N M A I N E F O C U S S TA R T S O N PA G E 1 1 » mainebiz.biz/knowmainebiz F U L L C O N T E N T S O N PA G E 4 F O C U S S O U T H E R N M A I N E M U S H RO O M A N D C O N S T R U C T I O N P H O T O S / T I M G R E E N WAY P O R T S M O U T H N AVA L S H I P YA R D P H O T O S / J I M N E U G E R 12 Anchoring Kittery The Portsmouth Naval Shipyard, a major employer in southern Maine, gears up for the future. 16 A real estate surge A shortage of existing homes has contractors scrambling to meet the demand for housing. 19 Ag's next wave? Mushroom growers are cultivating a variety of fungi to keep up with demand from chefs and consumers. Southern Maine builds on diverse industries S O U T H E R N M A I N E F O C U S Economy motion S O U T H E R N M A I N E F O C U S S TA R T S O N PA G E 1 1 » in $2.00 July 10, 2017 VO L . X X I I I N O. X V www.mainebiz.biz F U L L C O N T E N T S O N PA G E 4 F O C U S S O U T H E R N M A I N E M U S H RO O M A N D C O N S T R U C T I O N P H O T O S / T I M G R E E N WAY P O R T S M O U T H N AVA L S H I P YA R D P H O T O S / J I M N E U G E R 12 Anchoring Kittery The Portsmouth Naval Shipyard, a major employer in southern Maine, gears up for the future. 16 A real estate surge A shortage of existing homes has contractors scrambling to meet the demand for housing. 19 Ag's next wave? Mushroom growers are cultivating a variety of fungi to keep up with demand from chefs and consumers. Southern Maine builds on diverse industries S O U T H E R N M A I N E F O C U S Economy motion S O U T H E R N M A I N E F O C U S S TA R T S O N PA G E 1 1 » in $2.00 July 10, 2017 VO L . X X I I I N O. X V www.mainebiz.biz 1 Data as of Dec. 31, 2016. 2 Data as of Oct. 26, 2017. 3 Combined its subsidiary Acadia Trust NA with Camden National Bank, Dec. 1, 2016, launching a new brand, Camden National Wealth Management. 4 On Jan. 13, 2017, holding company Bar Harbor Bankshares merged with Newport, N.H.-based Lake Sunapee Bank Group, the holding company for Lake Sunapee Bank. 5 Figure does not include net income for LakeSunapee Bank. N O T E S : Financials from June 30, 2017, except net income. Bank of America, KeyBank, People's United Bank and TD Bank are omitted because they are not based in Maine. S O U R C E : Federal Deposit Insurance Corp.

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