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Katahdin Bankshares Corp. (KTHN.OB)At 10:17AM ET: 10.02   0.00 (0.00%)  
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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 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 accounts, savings accounts, money market accounts, individual retirement accounts, and certificates of deposit. It originates consumer loans, including auto, recreational vehicle, and personal loans; college loans; home equity loans and lines of credit; mortgage loans; and business loans comprising lines of credit, term loans, letters of credit, and municipal loans. 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 credit card services, debit cards services, telephone banking, ATMs, online banking, bill payment and presentment, and eCheck deposit services. As of October 16, 2009, it operated 14 offices in northern Maine, and had loan production offices in Bangor and Scarborough. 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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