Katahdin Bankshares Corp. Reports Third Quarter 2026 Results
PR Newswire•20/10/2026•16:05 ET
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Key Highlights
- ➤Third-quarter net income $3.3 million, up 23.2% year over year
- ➤Third-quarter EPS $1.04, up from $0.84 in Q3 2025
- ➤Loans $946.9 million at quarter-end, up 11.3% year over year
- ➤Deposits $1.01 billion, up $78.8 million year over year
- ➤Total assets reached $1.18 billion as of September 30, 2026
Expert Statements
Jon J. Prescott, President and Chief Executive Officer of Katahdin Trust
“Our third-quarter results reflect continued momentum in earnings and balance sheet growth”
Jon J. Prescott, President and Chief Executive Officer of Katahdin Trust
“We remain focused on serving our customers and building long-term value for our shareholders.”
Katahdin Bankshares Corp. Reports Third Quarter 2026 Results PR Newswire
HOULTON, Maine, Oct. 20, 2026 /PRNewswire/ -- Katahdin Bankshares Corp. (OTCQX: KTHN), parent company of Katahdin Trust, today reported third-quarter 2026 net income of $3.3 million, or $1.04 per common share, up approximately 35.7% from $2.4 million, or $0.76 per share, in the prior quarter and 23.2% from $2.7 million, or $0.84 per share, in the third quarter of 2025.
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