Katahdin Bankshares Corp. Reports Second Quarter 2026 Earnings
Katahdin Bankshares Corp. reported second-quarter 2026 earnings of $2.4 million. The company's loan portfolio grew by 5.4% during the quarter, reaching $930.5 million.
Houlton, Maine – Katahdin Bankshares Corp. announced on July 27, 2026, its second-quarter 2026 earnings of $2.4 million, or $0.76 per common share. The company's loan portfolio saw a 5.4% increase in the quarter, bringing total loans to $930.5 million. For the first six months of 2026, earnings were $4.9 million, or $1.54 per common share.
Total assets for Katahdin Bankshares Corp., the parent company of Katahdin Trust Company, reached $1.16 billion. The bank's total loans have increased by 9.9% year-over-year for the first six months of 2026.
"We are pleased to deliver yet another solid quarter," stated Jon J. Prescott, Katahdin Trust President and CEO. "We look forward to continuing to build on these results as we go through 2026."
Founded in 1918, Katahdin Trust Company is a full-service community bank based in Houlton, Maine, with 16 locations and over $1.16 billion in assets. Katahdin Bankshares Corp. is publicly traded on the OTC Markets (OTCQX) under the ticker symbol KTHN.