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Katahdin Trust Company

Patten, ME · Cert 12874 · Katahdin Bankshares Corp.

State charter, non-member · FDIC · 17 branches

Q2 2026

$1.2BAssets
$930.7MLoans
$965.9MDeposits
$110.2MEquity
Loan mix
82%RE $699.0M18%C&I $154.8M0%Consumer $3.7MQ2 2025Q2 2026
Deposit mix
79%Interest-bearing $765.2M21%Noninterest $200.7MQ2 2025Q2 2026

NIM

5.01%Q2 ’245.13%Q2 ’255.22%Q2 ’26+6%+4%

Non-interest income vs. expense

2.69%Q2 ’242.80%Q2 ’252.80%Q2 ’26+7%-2%

Market Position · Bangor, ME · 2026 SOD (annual) · 7.9% share · #5 of 9 inst. · $0.4B of $4.9B

37.5% Aroostook
7.9% Penobscot
0.3% Cumberland

Executive Summary

  • Earnings: ROA of 0.88%, down 9 bps year over year; NIM at 3.70%.
  • Asset quality: problem loans at 0.48% of loans (+32 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 10.00%, up 25 bps from a year ago.
  • Funding: loans stand at 96.36% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.88%-9 bps YoY

Net Interest Margin (quarter, annualized)

3.70%+15 bps YoY

Efficiency Ratio (quarter, annualized)

67.74%-329 bps YoY

Tier 1 Leverage Ratio

10.00%+25 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.96%1.01%1.16%0.92%0.88%-9 bps
Return on Equity10.43%10.66%12.01%9.47%9.09%-134 bps
Net Interest Margin3.54%3.71%3.70%3.70%3.70%+15 bps
Efficiency Ratio71.03%67.23%67.08%69.04%67.74%-329 bps
Non-Interest Burden2.39%2.34%2.30%2.40%2.35%-4 bps
Growth
Asset Growth (YoY)4.71%3.91%3.82%3.13%6.68%+197 bps
Loan Growth (YoY)3.82%4.00%5.27%3.52%9.92%+609 bps
Deposit Growth (YoY)8.43%5.74%3.35%2.50%3.32%-512 bps
Asset Quality
Nonperforming Loans / Loans0.16%0.71%0.70%0.52%0.48%+32 bps
Net Charge-Offs / Loans0.01%0.00%0.01%0.15%0.00%-1 bps
Allowance / Loans0.98%1.00%0.98%0.95%0.96%-2 bps
Allowance Coverage of NPLs6.0x1.4x1.4x1.8x2.0x-4.0x
Capital
Tier 1 Leverage Ratio9.75%9.94%9.85%10.15%10.00%+25 bps
Total Risk-Based Capital14.31%14.46%14.53%14.41%13.79%-52 bps
Equity / Assets9.26%9.69%9.69%9.79%9.52%+25 bps
Liquidity & Funding
Loans / Deposits90.57%90.72%90.18%92.67%96.36%+578 bps
Liquid Assets / Assets1.28%0.54%2.21%0.35%0.39%-90 bps
CRE / Total Capitaln/a387%393%395%n/an/a