Katahdin Bankshares Corp Reports Q2 2026 Earnings
Katahdin Bankshares Corp (OTCQX: KTHN) reported second-quarter earnings of $2.4 million, or $0.76 per common share for the quarter and $4.9 million for the first six months of 2026, translating to $1.54 per common share. The company experienced continued loan growth with a $47.4 million increase in loans during Q2, representing a 5.4% rise. Total loans now stand at $930.5 million, up from the previous year by 9.9%. Total assets reached $1.16 billion as of July 2026. Jon J. Prescott, President and CEO of Katahdin Trust Company, expressed satisfaction with these results and optimism for continued performance in 2026. The company remains focused on its community banking roots while expanding its asset base.
