Skowhegan Savings Bank

Skowhegan, ME
IDRSSD: 401906
Total Assets
$842.00M
Latest filing
Total Deposits
$709.38M
Latest filing
Net Interest Margin
3.91%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

211274476SKOWHEGAN, ME

Key People

Loading leadership data...

Locations

Main office and branches. Select to view on the map.

Open map →
Main Office
Skowhegan Savings Bank
13 Elm St
Skowhegan, ME 04976
Full Service - Brick and Mortar
Updated 01/30/2026Established 10/02/1869FDIC Certificate 13332

Branches (12)

Page 1 of 2
NameAddressCity / State
Skowhegan Savings Bank (Main)13 Elm StSkowhegan, ME
RANGELEY BRANCH2484 Main StRangeley, ME
FAIRFIELD BRANCH92 Main StFairfield, ME
NORRIDGEWOCK BRANCH9 Main StNorridgewock, ME
BINGHAM BRANCH284 Main StBingham, ME
DEXTER BRANCH81 Church StDexter, ME
MADISON BRANCH188 Main StMadison, ME
JACKMAN BRANCH613 Main StJackman, ME
Showing 7 of 12

Quarterly Trends

Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).

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 Date10/02/1869
Community BankYes
Ownership TypeMutual
ZIP04976
State and County Number23025
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 NameN/A

Operational Info

Number of Employees142
Domestic Offices13
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date11/17/2024
Date of Deposit Insurance01/01/1966
Primary Insurance AgencyDIF
Websitewww.skowhegan.com
Data Updated01/30/2026
CERT19532
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$842.00M
Total Deposits$709.38M
Total Liabilities$723.98M
Total Equity Capital$118.02M
Net Income$2.19M
Net Loans and Leases$607.42M
Assets Per Employee ($Millions)$5.89M
Bank Premises and Fixed Assets$12.84M
Cash and Balances due from Depository Institutions$20.27M
Deposits Held in Domestic Offices$709.38M

Key Performance Ratios

Return on Assets (ROA)1.04%
Return on Equity (ROE)7.52%
Net Interest Margin3.91%
Efficiency Ratio76.48%
Tier 1 Risk-Based Capital Ratio22.816%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets-0.03%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets14.016%
Earning Assets to total Assets93.76%

Income and Expense

Total Interest Income$10.11M
Total Noninterest Income$1.50M
Total Interest Expense$2.39M
Total Noninterest Expense$7.04M
Net Interest Income$7.71M
Pre-tax Net Operating Income$2.24M
Provision for Credit Losses$-73,000
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$4.23M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$10.38M
Total Liabilities and Capital$842.00M

Securities

Securities$173.71M
Available-for-sale debt securities$156.86M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Skowhegan Savings Bank?
$842.00M as of the latest filing.
How much are Skowhegan Savings Bank's total deposits?
$709.38M in total deposits.
Where is Skowhegan Savings Bank located?
Skowhegan, ME.
What is the Net Interest Margin?
3.91%.
How many domestic offices does it operate?
13.
When was it established?
10/02/1869.
What is the Return on Assets (ROA)?
1.04%.
How much are total loans and leases?
$607.42M (latest filing).
What is the total interest income (latest filing)?
$10.11M.