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Norway Savings Bank
Norway Savings Bank
RSSD ID 289702 | CERTIFICATE 17658 | ABA NUMBER 211274515 |
261 Main St |
Quarter Ended : |
2025-06-30 |
Norway, Maine, 04268 |
Updated : |
2025-07-29 |
www.norwaysavings.bank |
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Institution Profile |
Year Opened : |
1866 |
Institution Type : |
Stock and Mutual Savings bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
25 |
Number of Employees : |
322 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 2,059,300 |
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Total Interest Income | 47,644 |
Total Liabilities | 1,820,559 |
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Total NonInterest Income | 5,371 |
Total Bank Equity Capital | 238,741 |
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Total Interest Expense | 16,839 |
Total Deposits | 1,592,193 |
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Total NonInterest Expense | 26,602 |
Net Loans & Leases | 1,462,787 |
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Net Income | 8,703 |
Loan Loss Allowance | 10,083 |
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Net Charge Offs | 146 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Community Bank Leverage Ratio | Yes |
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Total loans | 1,454,494 |
Total assets for the leverage ratio | 2,094,364 |
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Loans secured by real estate: | 1,254,327 |
Tier 1 Leverage Ratio | 13.34 |
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Commercial and industrial loans | 100,465 |
Off Balance Sheet Exposures (%) | 16.82 |
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Loans to individuals - Credit Cards | 0 |
Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 83,035 |
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