Core Insights - Katahdin Bankshares Corp. reported third-quarter earnings of $2.65 million, or $0.84 per common share, marking a 5.3% increase from the previous quarter and a 17.4% increase compared to the third quarter of 2024 [1][2]. Financial Performance - Total assets of Katahdin Bankshares Corp. reached $1.09 billion, reflecting a $41 million increase over the same period in 2024 [2]. - The company expressed satisfaction with its financial results and anticipates a strong finish to the year [2]. Company Overview - Katahdin Bankshares Corp. is the parent company of Katahdin Trust Company, a community bank established in 1918, with 16 locations and over $1.09 billion in assets [3]. - The common stock of Katahdin Bankshares Corp. is traded on the OTC Markets under the symbol KTHN [3].
Katahdin Bankshares Corp. Reports Third Quarter 2025 Results
Prnewswireยท2025-10-22 20:12