Kennebec Savings Bank: how it compares with its peers
Against 10 ME banks with half to twice its assets, Kennebec Savings Bank's strongest measure in Q2 2026 is return on assets (1.37% vs. a 0.94% peer median). Its weakest relative measure is net interest margin (3.05% vs. 3.52%).
| Measure | Kennebec Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.37% | 0.94% | Top third Ahead of 90% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.05% | 3.52% | Bottom third Ahead of 20% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 71.40% | 67.91% | Bottom third Ahead of 30% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.2M | $7.8M | Top third Ahead of 90% of peers |
| Loans to deposits Net loans and leases over total deposits. | 110.80% | 102.64% | Context |
What it means for lending operations
Its efficiency ratio of 71.40% is above the 67.91% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Androscoggin Savings Bank Lewiston, ME · $1.76B
- Norway Savings Bank Norway, ME · $2.16B
- Kennebunk Savings Bank Kennebunk, ME · $2.17B
- Bath Savings Institution Bath, ME · $1.50B
- Saco & Biddeford Savings Institution Saco, ME · $1.47B
- Katahdin Trust Company Patten, ME · $1.16B
Questions about Kennebec Savings Bank
How big is Kennebec Savings Bank?
Kennebec Savings Bank, established in 1870, is headquartered in Augusta, ME. It reported $1.87B in total assets in its Q2 2026 FDIC call report and operates 8 offices.
What is Kennebec Savings Bank's return on assets?
1.37% annualized in Q2 2026, against a 0.94% median for 10 ME banks with half to twice its assets, ahead of 90% of them.
What is Kennebec Savings Bank's efficiency ratio?
71.40% in Q2 2026: it spent about 71 cents in noninterest expense for each dollar of revenue. The peer median is 67.91%, and lower is better.
Is Kennebec Savings Bank growing its loans?
Net loans grew 4.9% over the year to Q2 2026, while deposits grew 3.9%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are ME banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Maine bank ranked.