Katahdin Bankshares Corp Reports Strong Q3 Earnings and Balance Sheet Growth
Katahdin Bankshares Corp. (OTCQX: KTHN) reported third-quarter net income of $3.3 million, or $1.04 per common share for the quarter ended September 2026. This represents a significant increase from both the previous quarter and the same period in 2025. The company's balance sheet also showed robust growth with loans reaching $946.9 million at quarter-end, up 11.3% year-over-year. Deposits increased by $78.8 million to reach $1.01 billion and total assets reached $1.18 billion. Jon J. Prescott, President and CEO of Katahdin Trust, highlighted the continued momentum in earnings and balance sheet growth while emphasizing a focus on customer service and long-term shareholder value.
Tickers: $KTHN
Topics: banking financial_performance
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