Katahdin Bankshares Reports Q2 GAAP EPS of $0.76
Katahdin Bankshares reported second-quarter earnings per share (GAAP) of $0.76, reflecting continued growth in its loan portfolio. The company experienced a 5.4% increase in loans during the quarter, adding $47.4 million to reach total loans of $930.5 million. This represents an annualized rise of 9.9%, signaling strong performance and expansion within the banking sector. Total assets for Katahdin Bankshares now stand at $1.16 billion, demonstrating its growing financial strength.
Topics: banking financial performance loan growth