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Skowhegan Savings Bank
Skowhegan Savings Bank
RSSD ID 401906 | CERTIFICATE 19532 | ABA NUMBER 211274476 |
13 Elm St |
Quarter Ended : |
2025-06-30 |
Skowhegan, Maine, 04976 |
Updated : |
2025-07-30 |
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 : |
143 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 843,145 |
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Total Interest Income | 19,353 |
Total Liabilities | 733,039 |
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Total NonInterest Income | 1,879 |
Total Bank Equity Capital | 110,106 |
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Total Interest Expense | 5,114 |
Total Deposits | 706,708 |
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Total NonInterest Expense | 11,860 |
Net Loans & Leases | 611,568 |
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Net Income | 4,144 |
Loan Loss Allowance | 6,101 |
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Net Charge Offs | 46 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 132,688 |
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Total loans | 613,009 |
Total assets for the leverage ratio | 873,047 |
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Loans secured by real estate: | 488,295 |
Tier 1 Leverage Ratio | 14.47 |
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Commercial and industrial loans | 51,719 |
Tier 1 Capital Ratio | 20.82 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 21.87 |
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Loans to individuals - Other | 48,126 |
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