Katahdin Bankshares Corp. Reports Second Quarter 2025 Results

Core Insights - Katahdin Bankshares Corp. reported second-quarter earnings of $2.52 million, or $0.79 per common share, marking a 6.1% increase from the previous quarter and a 26.1% increase compared to the same quarter in 2024 [1] - The company's total assets reached $1.09 billion, reflecting an increase of nearly $49 million from the same period in 2024 [1] Financial Performance - The earnings of $2.52 million represent a growth of $144,000 from the previous quarter [1] - The year-over-year growth in earnings is 26.1%, indicating strong performance compared to the second quarter of 2024 [1] Company Overview - Katahdin Bankshares Corp. is the parent company of Katahdin Trust Company, a community bank established in 1918, with 16 locations and over $1.087 billion in assets [3] - The common stock of Katahdin Bankshares Corp. is traded on the OTC Markets under the symbol KTHN [3]