Kennebec Savings Bank
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Data as of · sourced from FFIEC call reports. How we update
Kennebec Savings Bank is an FDIC-insured savings bank headquartered in Augusta, ME, established in 1870 (FDIC certificate 17897), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $1.87B, up 4.5% from Q2 2025, the 10th largest of 22 banks headquartered in Maine. Its CET1 capital ratio was 17.32% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Savings bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 17897
- Headquarters
- Augusta, ME
- Established
- 1870
- Total assets, Q2 2026
- $1.87B
- Assets vs Q2 2025
- +4.5%
- CET1 ratio, Q2 2026
- 17.32%
- Domestic offices
- 8 FDIC institution directory, current count
- Routing number
- 211274421
- Latest call report
- Q2 2026, FFIEC 051 · Kennebec Savings Bank call report
- Holding company
- KENNEBEC SAVINGS, INC
- Asset rank in state
- 10th of 22 in Maine
Kennebec Savings Bank, based in Augusta, Maine, reported $1.9 billion in assets at June 30, 2026, up 4.5% from a year earlier. It holds commercial real estate loans worth 0.8 times its capital, about a third the median of 2.2 times for the 895 banks with $1 billion to $10 billion in assets. It also funds 13.96% of its assets with Tier 1 capital, higher than about three-quarters of banks its size (median 10.52%).
Its reported earnings move with the stock market: it holds equity securities whose value runs through net income, and they gained $9.0 million on paper in the quarter, out of $13 million of pre-tax income. Return on assets swings accordingly, so it is not compared with peers here. Its margin is thin by comparison: it keeps 3.05 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.71 cents).
As of June 30, 2026, Kennebec Savings Bank reported a CET1 capital ratio of 17.32%, a return on assets of 2.15%, a nonperforming-loan ratio of 0.46% and a Texas ratio of 2.77%. The figures come from its call report filed with the FFIEC.
Kennebec Savings Bank ranks as the 10th largest of the 22 banks based in Maine, by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 2.4% to $1.87B, loans rose 2.4% and deposits rose 0.7%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 67.4% of total loans, ahead of owner-occupied commercial real estate loans at 12.3%. Its 8 offices in the FDIC Summary of Deposits are in 7 cities in ME; its Augusta office books 50% of its branch deposits. By the capital ratios in its Q2 2026 call report, Kennebec Savings Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 150 State St, Augusta, ME 04330
- County
- Kennebec
- Metro Area
- Augusta-Waterville, ME
- Charter
- State-chartered stock savings bank, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- —
- Federal Reserve district
- District 1, Boston
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- March 19, 1870
- Domestic offices
- 8 FDIC institution directory, current count
- Employees (FTE)
- 204
- Domestic deposits
- $1.41B
- Allowance for credit losses
- $9.6M
- Net charge-offs (YTD)
- -$18K
- Average total assets
- $1.86B
- Average total loans
- $1.55B
- Average interest-bearing deposits
- $1.38B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 14, 1958
- FDIC Cert
- 17897
- Fed RSSD
- 583905
- Website
- www.kennebecsavings.bank →
- Parent Holding Company
- KENNEBEC SAVINGS, INC (RSSD 4657130)
- Ultimate Parent
- KENNEBEC SAVINGS, MHC (RSSD 4657121)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
Kennebec Savings Bank's total assets moved between a low of $1.67B (Q3 2023) and a high of $1.87B (Q2 2026) from Q3 2023 to Q2 2026, and it earned a profit in 10 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$1.87B total assets against $1.79B; $1.62B total liabilities against $1.56B.
$1.56B net loans and leases against $1.48B; $1.41B total deposits against $1.35B.
$220.2M securities against $211.8M; $40.2M cash and balances due against $43.3M.
$22.2M total interest income against $21.1M; $8.3M total interest expense against $8.8M.
$13.8M net interest income against $12.2M.
$1.8M total noninterest income against $1.7M; $11.4M total noninterest expense against $10.4M.
$425K provision for credit losses against $127K.
$9.9M net income against $6.7M.
2.15% return on assets against 1.51%; 3.05% net interest margin against 2.82%.
17.32% CET1 capital ratio against 16.98%; 13.96% tier 1 leverage ratio against 13.22%.
Inside the full Kennebec Savings Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Kennebec Savings Bank rankings
Its closest position to the top of a national ranking is 624 of 4,196, for total assets; its furthest is 778 of 980, for uninsured deposits.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from -0.05% (Q4 2024) to 2.15% (Q2 2026) and its net interest margin ran from 2.42% (Q3 2024) to 3.05% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 17.32% | 2.15% | 0.46% | 2.77% | 3.05% |
| Q1 2026 | 17.56% | 0.56% | 0.46% | 2.80% | 3.00% |
| Q4 2025 | 17.38% | 1.16% | 0.42% | 2.59% | 3.05% |
| Q3 2025 | 17.23% | 1.42% | 0.36% | 2.24% | 2.95% |
| Q2 2025 | 16.98% | 1.51% | 0.36% | 2.29% | 2.82% |
| Q1 2025 | 16.89% | 0.44% | 0.33% | 2.12% | 2.65% |
| Q4 2024 | 16.90% | -0.05% | 0.31% | 2.05% | 2.58% |
| Q3 2024 | 17.30% | 1.05% | 0.33% | 2.11% | 2.42% |
Swipe the table sideways to see every column.
Branch Network
View all 8 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Kennebec Savings Bank (main office) | Augusta , ME | 04330 | $709.9M |
| Waterville Branch | Waterville , ME | 04901 | $253.7M |
| Winthrop Branch | Winthrop , ME | 04364 | $137.6M |
| Farmingdale Branch | Farmingdale , ME | 04344 | $109.3M |
| Portland Branch | Portland , ME | 04103 | $69.7M |
| Freeport Branch Office | Freeport , ME | 04032 | $69.2M |
| Washington Street Branch | Waterville , ME | 04901 | $56.6M |
| Granite Hill Estates Branch | Hallowell , ME | 04347 | $0 |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| March 6, 2021 | Structure Change | Acquired Kennebec Federal Savings & Loan Association Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| March 5, 2021 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| June 17, 1995 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| June 17, 1995 | Structure Change | Acquired Waterville Savings and Loan Association Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 4 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 3.1% of deposits in ME, rank 13 of 29 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Kennebec Savings Bank
What are Kennebec Savings Bank's total assets?
As of the Q2 2026 filing, Kennebec Savings Bank reported total assets of $1.87 billion in its FFIEC call report.
Where is Kennebec Savings Bank headquartered?
It is headquartered in Augusta, ME, United States.
When was Kennebec Savings Bank founded?
It was established in 1870, per the FDIC institution directory.
Is Kennebec Savings Bank FDIC-insured?
Yes. It is an FDIC-insured savings bank (FDIC Certificate #17897). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Kennebec Savings Bank?
Kennebec Savings Bank's primary federal regulator is the FDIC.
What is Kennebec Savings Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 17.32% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Kennebec Savings Bank operate?
It operates 8 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Kennebec Savings Bank's Texas Ratio?
Its Texas Ratio is 2.77% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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