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Katahdin Bankshares Corp. (KTHN.OB)At 9:31AM ET: 9.00  Up 0.65 (7.78%)  
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Katahdin Bankshares Corp.
11 Main Street
Patten, ME 04765
United States - Map
Phone: 207-528-2211
Fax: 207-528-2247
Web Site: http://www.katahdintrust.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Northeast Banks
Full Time Employees:150

BUSINESS SUMMARY 
Katahdin Bankshares Corp. operates as the bank holding company for the Katahdin Trust Company, which provides commercial and retail banking services to customers located in Maine. The company offers business and personal banking services, including checking and savings accounts, individual retirement accounts, money market accounts, and certificates of deposits. It originates commercial loans, commercial and residential real estate loans, consumer loans, home equity line of credit, home equity loans, student and parent loans, term loans, mortgages, lines of credit, business cards, accounts receivable financing, letters of credit, municipal loans, and agency guaranteed loan programs. The company also offers equipment financing for individuals and businesses in the trucking, construction, forest products, and marine industries. In addition, it offers insurance and investment services. Further, the company provides merchant credit/debit card services, telephone banking, ATMs, online banking, direct deposit, night depository, safe deposit boxes, wire transfers, traveler’s checks, savings bonds, payroll services, FICA and withholding tax payments, bill payment and presentment, and eCheck deposit services. As of December 31, 2007, it had 14 full service branch offices located in Ashland, Caribou, Eagle Lake, Easton, Fort Fairfield, Houlton, Island Falls, Limestone, Mars Hill, Oakfield, Patten, Presque Isle, Van Buren, and Washburn; a limited branch facility in Scarborough, Maine; and 10 ATMs. The company was founded in 1918 and is based in Patten, Maine.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Jon J. Prescott ,
    Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Katahdin Trust Company, Pres of Katahdin Trust Company of Katahdin Trust Company
    N/A N/A
    Mr. Walter J. Purda ,
    Pres of Maine Financial Group
    N/A N/A
    Dollar amounts are as of and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.


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