V O L . X X I I I N O. X X X
38
BO O K O F L I S T S 2 0 1 8
F I NA N C E
Largest Maine-based banks
ยป
C O N T I N U E D F R O M P A G E 3 6
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.
6 Succeeded Peter Judkins upon his retirement, effective Jan. 1, 2018.
This list was compiled by Stephanie R. Meagher and updated since originally published in the April 17, 2017, issue of Mainebiz.
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.
10 Androscoggin Bank
30 Lisbon St., Lewiston 04240
784-9164, androscogginbank.com
10 $957,972 $763,867 $806,600 $853,363 $5,765 12 162 Paul Andersen
11 Saco & Biddeford Savings
Institution
252 Main St., Saco 04072
284-4591, sbsavings.com
11 $919,452 $602,786 $742,235 $817,156 $6,589 7 203 Bob Quentin
12 Kennebec Savings Bank
150 State St., Augusta 04332
622-5801, kennebecsavings.com
12 $907,758 $600,014 $739,820 $786,243 $7,238 5 123 Andrew Silsby
13 Bath Savings Institution
105 Front St., Bath 04530
442-7711, bathsavings.com
13 $882,103 $690,608 $589,917 $776,051 $8,048 12 182 Glenn Hutchinson
14 Katahdin Trust Co.
11 Main St., Patten 04765
528-2211, katahdintrust.com
14 $799,278 $650,045 $658,998 $726,429 $5,065 17 172 Jon Prescott
15 Skowhegan Savings Bank
13 Elm St., Skowhegan 04976
474-9511, skowhegansavings.com
15 $589,374 $451,675 $452,842 $507,606 $4,256 16 132 John Witherspoon
16 Sanford Institution for Savings
(SIS Bank)
900 Main St., Sanford 04073
324-2285, banksisonline.com
16 $523,371 $405,593 $444,824 $470,794 $3,199 8 115 Mark Mickeriz
17 Biddeford Savings Bank
254 Main St., Biddeford 04005
284-5906, biddefordsavings.com
17 $471,843 $348,048 $405,680 $427,102 $2,768 6 79 Charles Petersen
18 Mechanics' Savings Bank
100 Minot Ave., Auburn 04210
786-5700, mechanicssavings.com
18 $391,663 $284,720 $333,597 $345,401 $2,817 4 74 Richard Vail
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 Tim Thompson
6
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
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