Norway Savings Bank

Norway, ME
IDRSSD: 289702
Total Assets
$2.10B
Latest filing
Total Deposits
$1.62B
Latest filing
Net Interest Margin
3.45%
Profitability

Locations

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Main Office
Norway Savings Bank
261 Main St
Norway, ME 04268
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1866FDIC Certificate 11623

Branches (24)

Page 1 of 4
NameAddressCity / State
Norway Savings Bank (Main)261 Main StNorway, ME
BRUNSWICK MAIN BRANCH83 Maine StBrunswick, ME
PORTLAND CONGRESS ST BRANCH1200 Congress StPortland, ME
COOK'S CORNER BRANCH14 Gurnet RdBrunswick, ME
FREEPORT BRANCH8 Mallett DrFreeport, ME
BRIDGTON BRANCH1 Harrison RdBridgton, ME
FRYEBURG BRANCH557 Main StFryeburg, ME
NAPLES BRANCH621 Roosevelt TrlNaples, ME
Showing 7 of 24

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 Date01/01/1866
Community BankYes
Ownership TypeNot Mutual
ZIP04268
State and County Number23017
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 NameN/A

Operational Info

Number of Employees322
Domestic Offices25
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date11/17/2024
Date of Deposit Insurance07/27/1956
Primary Insurance AgencyDIF
Websitewww.norwaysavings.bank
Data Updated11/14/2025
CERT17658
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$2.10B
Total Deposits$1.62B
Total Liabilities$1.84B
Total Equity Capital$251.10M
Net Income$7.80M
Net Loans and Leases$1.50B
Assets Per Employee ($Millions)$6.85M
Bank Premises and Fixed Assets$47.67M
Cash and Balances due from Depository Institutions$39.89M
Deposits Held in Domestic Offices$1.62B

Key Performance Ratios

Return on Assets (ROA)1.5%
Return on Equity (ROE)12.73%
Net Interest Margin3.45%
Efficiency Ratio68.17%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.07%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets11.982%
Earning Assets to total Assets94.01%

Income and Expense

Total Interest Income$25.31M
Total Noninterest Income$2.86M
Total Interest Expense$8.49M
Total Noninterest Expense$13.41M
Net Interest Income$16.81M
Pre-tax Net Operating Income$5.92M
Provision for Credit Losses$343.00k
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$198.29M
Federal Funds Sold & Reverse Repurchase Agreement$50.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$26.29M
Total Liabilities and Capital$2.10B

Securities

Securities$450.57M
Available-for-sale debt securities$391.45M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$6.63M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Norway Savings Bank?
$2.10B as of the latest filing.
How much are Norway Savings Bank's total deposits?
$1.62B in total deposits.
Where is Norway Savings Bank located?
Norway, ME.
What is the Net Interest Margin?
3.45%.
How many domestic offices does it operate?
25.
When was it established?
01/01/1866.
What is the Return on Assets (ROA)?
1.5%.
How much are total loans and leases?
$1.50B (latest filing).
What is the total interest income (latest filing)?
$25.31M.