Saco & Biddeford Savings Institution

Saco, ME
IDRSSD: 339607
Total Assets
$1.44B
Latest filing
Total Deposits
$1.05B
Latest filing
Net Interest Margin
2.25%
Profitability

Locations

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Main Office
Saco & Biddeford Savings Institution
252 Main St
Saco, ME 04072
Full Service - Brick and Mortar
Updated 11/14/2025Established 02/21/1827FDIC Certificate 11699

Branches (6)

Page 1 of 1
NameAddressCity / State
Saco & Biddeford Savings Institution (Main)252 Main StSaco, ME
OLD ORCHARD BEACH BRANCH2 Portland AveOld Orchard Beach, ME
SCARBOROUGH BRANCH41 Gorham RdScarborough, ME
SOUTH PORTLAND BRANCH601 BroadwaySouth Portland, ME
BIDDEFORD BRANCH160 Shops WayBiddeford, ME
WESTBROOK BRANCH2 Hannaford DrWestbrook, ME
COMMERCIAL STREET PORTLAND BRANCH136 Commercial StPortland, ME
Showing 6 of 6

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 Date02/21/1827
Community BankYes
Ownership TypeMutual
ZIP04072
State and County Number23031
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number01
Numeric code42
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NamePortland-South Portland, ME

Operational Info

Number of Employees194
Domestic Offices7
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date11/17/2024
Date of Deposit Insurance04/04/1957
Primary Insurance AgencyDIF
Websitewww.sbsavings.bank
Data Updated11/14/2025
CERT17743
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.44B
Total Deposits$1.05B
Total Liabilities$1.31B
Total Equity Capital$129.75M
Net Income$1.29M
Net Loans and Leases$1.17B
Assets Per Employee ($Millions)$7.18M
Bank Premises and Fixed Assets$24.54M
Cash and Balances due from Depository Institutions$24.14M
Deposits Held in Domestic Offices$1.05B

Key Performance Ratios

Return on Assets (ROA)0.36%
Return on Equity (ROE)4.03%
Net Interest Margin2.25%
Efficiency Ratio85.54%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.02%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.987%
Earning Assets to total Assets95.03%

Income and Expense

Total Interest Income$16.99M
Total Noninterest Income$2.87M
Total Interest Expense$9.31M
Total Noninterest Expense$9.03M
Net Interest Income$7.68M
Pre-tax Net Operating Income$1.46M
Provision for Credit Losses$70.00k
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$243.64M
Federal Funds Sold & Reverse Repurchase Agreement$2.74M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$16.70M
Total Liabilities and Capital$1.44B

Securities

Securities$187.54M
Available-for-sale debt securities$181.09M
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 Saco & Biddeford Savings Institution?
$1.44B as of the latest filing.
How much are Saco & Biddeford Savings Institution's total deposits?
$1.05B in total deposits.
Where is Saco & Biddeford Savings Institution located?
Saco, ME.
What is the Net Interest Margin?
2.25%.
How many domestic offices does it operate?
7.
When was it established?
02/21/1827.
What is the Return on Assets (ROA)?
0.36%.
How much are total loans and leases?
$1.17B (latest filing).
What is the total interest income (latest filing)?
$16.99M.