Katahdin Bankshares Corp
OTC:KTHN
Katahdin Bankshares Corp
Katahdin Bankshares Corp. operates as a holding company. The company is headquartered in Patten, Maine and currently employs 162 full-time employees. The company went IPO on 2002-04-08. The firm operates through its subsidiary, Katahdin Trust Company (the Bank), which is a state chartered commercial bank. The Bank's primary business is to loan funds to and accept deposits from consumers and small businesses in Aroostook and Penobscot counties and the Portland area. The Bank has full-service branches throughout Aroostook and northern Penobscot counties, the greater Bangor area of central Maine, in Penobscot county and in the Portland metro area of Cumberland county. Maine Financial Group (MFG), a division of the Bank, provides equipment financing for individuals and businesses in the trucking, construction, forest products, and marine industries throughout northern New England. Its lending portfolio includes commercial loans, commercial and residential real estate loans, and consumer loans. The company offers various types of deposits, such as demand deposits, savings deposits, and certificates of deposit.
Katahdin Bankshares Corp. operates as a holding company. The company is headquartered in Patten, Maine and currently employs 162 full-time employees. The company went IPO on 2002-04-08. The firm operates through its subsidiary, Katahdin Trust Company (the Bank), which is a state chartered commercial bank. The Bank's primary business is to loan funds to and accept deposits from consumers and small businesses in Aroostook and Penobscot counties and the Portland area. The Bank has full-service branches throughout Aroostook and northern Penobscot counties, the greater Bangor area of central Maine, in Penobscot county and in the Portland metro area of Cumberland county. Maine Financial Group (MFG), a division of the Bank, provides equipment financing for individuals and businesses in the trucking, construction, forest products, and marine industries throughout northern New England. Its lending portfolio includes commercial loans, commercial and residential real estate loans, and consumer loans. The company offers various types of deposits, such as demand deposits, savings deposits, and certificates of deposit.
