Kennebec Savings Bank

Augusta, ME
IDRSSD: 583905
Total Assets
$1.80B
Latest filing
Total Deposits
$1.37B
Latest filing
Net Interest Margin
2.97%
Profitability

Locations

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Main Office
Kennebec Savings Bank
150 State St
Augusta, ME 04330
Full Service - Brick and Mortar
Updated 11/14/2025Established 03/19/1870FDIC Certificate 11836

Branches (7)

Page 1 of 1
NameAddressCity / State
Kennebec Savings Bank (Main)150 State StAugusta, ME
WINTHROP BRANCH84 Main StWinthrop, ME
GRANITE HILL ESTATES BRANCHGranite Hill Estates, 60 Balsam DriveHallowell, ME
WATERVILLE BRANCH226 Main StWaterville, ME
WASHINGTON STREET BRANCH11 Washington StWaterville, ME
FARMINGDALE BRANCH1 Northern AveFarmingdale, ME
FREEPORT BRANCH OFFICE181 Lower Main StFreeport, ME
PORTLAND BRANCH53 Baxter BoulevardPortland, ME
Showing 7 of 7

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassState chartered stock savings banks / S&L
Primary RegulatorFDIC
Established Date03/19/1870
Community BankYes
Ownership TypeNot Mutual
ZIP04330
State and County Number23011
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number01
Numeric code41
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameAugusta-Waterville, ME

Operational Info

Number of Employees190
Domestic Offices8
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date11/17/2024
Date of Deposit Insurance08/14/1958
Primary Insurance AgencyDIF
Websitewww.kennebecsavings.bank
Data Updated11/14/2025
CERT17897
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.80B
Total Deposits$1.37B
Total Liabilities$1.57B
Total Equity Capital$233.59M
Net Income$6.41M
Net Loans and Leases$1.50B
Assets Per Employee ($Millions)$8.65M
Bank Premises and Fixed Assets$22.21M
Cash and Balances due from Depository Institutions$37.12M
Deposits Held in Domestic Offices$1.37B

Key Performance Ratios

Return on Assets (ROA)1.43%
Return on Equity (ROE)11.15%
Net Interest Margin2.97%
Efficiency Ratio72.72%
Tier 1 Risk-Based Capital Ratio17.225%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.01%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets12.976%
Earning Assets to total Assets97%

Income and Expense

Total Interest Income$21.79M
Total Noninterest Income$2.12M
Total Interest Expense$8.85M
Total Noninterest Expense$10.95M
Net Interest Income$12.95M
Pre-tax Net Operating Income$4.06M
Provision for Credit Losses$44.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$173.40M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$22.26M
Total Liabilities and Capital$1.80B

Securities

Securities$214.75M
Available-for-sale debt securities$137.33M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Kennebec Savings Bank?
$1.80B as of the latest filing.
How much are Kennebec Savings Bank's total deposits?
$1.37B in total deposits.
Where is Kennebec Savings Bank located?
Augusta, ME.
What is the Net Interest Margin?
2.97%.
How many domestic offices does it operate?
8.
When was it established?
03/19/1870.
What is the Return on Assets (ROA)?
1.43%.
How much are total loans and leases?
$1.50B (latest filing).
What is the total interest income (latest filing)?
$21.79M.