Katahdin Bankshares Corp. Posts 2020 Annual Report

Rhea-AI Summary

Katahdin Bankshares Corp. (OTCQX: KTHN) has released its annual report for 2020, detailing its financial performance and highlighting its status as a community bank in northern Maine. As of December 31, 2020, the company holds over $937 million in assets and operates 16 banking offices across Aroostook, Penobscot, and Cumberland counties. The bank, employing nearly 180 staff, was recognized as one of the Best Places to Work in Maine for three consecutive years. The full report can be accessed through their official website.

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• Katahdin Bankshares Corp. reported over $937 million in assets.
• The company operates 16 banking offices in northern Maine.
• Named one of the Best Places to Work in Maine for the third consecutive year.

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HOULTON, Maine, March 4, 2021 /PRNewswire/ -- Katahdin Bankshares Corp. (OTCQX: KTHN), parent company of Katahdin Trust Company, a community bank serving northern Maine and the greater Bangor and Portland regions, today published its annual report for the year ended December 31, 2020. 

The Company's 2020 Annual Report can be viewed at:
https://www.katahdintrust.com/Shareholder-Relations#Financial-Reports

About Katahdin Bankshares Corp.
Katahdin Bankshares Corp. is the bank holding company of Katahdin Trust Company. Founded in 1918, Katahdin Trust is a community bank based in Houlton, Maine with more than $937 million in assets and 16 banking offices that serve Aroostook, Penobscot, and Cumberland counties. The Bank has nearly 180 employees and, in 2020, was named one of the Best Places to Work in Maine for the third year in a row. Katahdin Bankshares Corp. common stock is quoted on the OTC Markets (OTCQX) under the symbol KTHN. Learn more about the Company and its subsidiary bank at www.katahdintrust.com and follow Katahdin Trust on Facebook, Twitter, LinkedIn, and Instagram.

 

View original content:http://www.prnewswire.com/news-releases/katahdin-bankshares-corp-posts-2020-annual-report-301241025.html

SOURCE Katahdin Bankshares Corp.

FAQ

What were the financial highlights for Katahdin Bankshares Corp. in 2020?

Katahdin Bankshares Corp. reported over $937 million in assets in its 2020 annual report.

Where can I find Katahdin Bankshares Corp.'s 2020 annual report?

The 2020 annual report for Katahdin Bankshares Corp. can be viewed on their official website.

How many banking offices does Katahdin Trust Company operate?

Katahdin Trust Company operates 16 banking offices across northern Maine.

What recognition did Katahdin Bankshares Corp. receive in 2020?

In 2020, Katahdin Bankshares Corp. was named one of the Best Places to Work in Maine.