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Skowhegan Savings Bank
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Skowhegan Savings Bank
| RSSD ID 401906 | CERTIFICATE 19532 | ABA NUMBER 211274476 |
| 13 Elm St |
Quarter Ended : |
2026-06-30 |
| Skowhegan, Maine, 4976 |
Updated : |
2026-07-30 |
| www.skowhegan.com |
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| Institution Profile |
| Year Opened : |
1869 |
Institution Type : |
Stock and Mutual Savings bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
13 |
Number of Employees : |
121 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 855,010 |
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Total Interest Income | 20,102 |
| Total Liabilities | 731,044 |
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Total NonInterest Income | 1,972 |
| Total Bank Equity Capital | 123,966 |
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Total Interest Expense | 4,502 |
| Total Deposits | 715,305 |
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Total NonInterest Expense | 12,988 |
| Net Loans & Leases | 610,552 |
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Net Income | 6,697 |
| Loan Loss Allowance | 6,143 |
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Net Charge Offs | (54) |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 144,648 |
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Total loans | 608,814 |
| Total assets for the leverage ratio | 871,932 |
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Loans secured by real estate: | 485,193 |
| Tier 1 Leverage Ratio | 15.81 |
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Commercial and industrial loans | 53,382 |
| Tier 1 Capital Ratio | 22.46 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 23.56 |
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Loans to individuals - Other | 45,883 |
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