Skowhegan Savings Bank

Skowhegan, ME
IDRSSD: 401906
Total Assets
$843.49M
Latest filing
Total Deposits
$711.87M
Latest filing
Net Interest Margin
3.88%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

211274476SKOWHEGAN, ME

Key People

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Locations

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Main Office
Skowhegan Savings Bank
13 Elm St
Skowhegan, ME 04976
Full Service - Brick and Mortar
Updated 05/01/2026Established 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

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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

Watch Panel

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Growth

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Allowance

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Nonperforming

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Charge-off

Net charge-off signals

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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 Employees143
Domestic Offices13
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date03/31/2026
Date of Deposit Insurance01/01/1966
Primary Insurance AgencyDIF
Websitewww.skowhegan.com
Data Updated05/01/2026
CERT19532
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$843.49M
Total Deposits$711.87M
Total Liabilities$723.90M
Total Equity Capital$119.59M
Net Income$1.96M
Net Loans and Leases$609.72M
Assets Per Employee ($Millions)$6.07M
Bank Premises and Fixed Assets$12.63M
Cash and Balances due from Depository Institutions$24.44M
Deposits Held in Domestic Offices$711.87M

Key Performance Ratios

Return on Assets (ROA)0.93%
Return on Equity (ROE)6.6%
Net Interest Margin3.88%
Efficiency Ratio72.19%
Tier 1 Risk-Based Capital Ratio22.979%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.12%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets14.178%
Earning Assets to total Assets93.95%

Income and Expense

Total Interest Income$9.91M
Total Noninterest Income$943.00k
Total Interest Expense$2.25M
Total Noninterest Expense$6.22M
Net Interest Income$7.67M
Pre-tax Net Operating Income$2.15M
Provision for Credit Losses$248.00k
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$3.03M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$9.01M
Total Liabilities and Capital$843.49M

Securities

Securities$169.54M
Available-for-sale debt securities$152.28M
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?
$843.49M as of the latest filing.
How much are Skowhegan Savings Bank's total deposits?
$711.87M in total deposits.
Where is Skowhegan Savings Bank located?
Skowhegan, ME.
What is the Net Interest Margin?
3.88%.
How many domestic offices does it operate?
13.
When was it established?
10/02/1869.
What is the Return on Assets (ROA)?
0.93%.
How much are total loans and leases?
$609.72M (latest filing).
What is the total interest income (latest filing)?
$9.91M.