Katahdin Bankshares Corp. Reports Second Quarter 2026 Results

Q: What were Katahdin Bankshares (OTCQX: KTHN) earnings for Q2 2026?

Katahdin Bankshares reported Q2 2026 net earnings of $2.4 million , or $0.76 per common share . According to Katahdin Bankshares, first-half 2026 earnings totaled $4.9 million , or $1.54 per share , reflecting results for the six months ended in the second quarter.

Q: How much did Katahdin Bankshares loans grow in the second quarter of 2026?

Katahdin Bankshares reported Q2 2026 loan growth of $47.4 million , a 5.4% increase for the quarter. According to Katahdin Bankshares, this quarterly expansion raised total loans to $930.5 million , contributing to a 9.9% increase in loans over the past year.

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Rhea-AI Sentiment

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Rhea-AI Summary

Katahdin Bankshares Corp. (OTCQX: KTHN), parent of Katahdin Trust Company, reported 2026 second-quarter net earnings of $2.4 million, or $0.76 per common share. For the first six months of 2026, earnings were $4.9 million, or $1.54 per share.

According to Katahdin Bankshares, second-quarter loan balances increased by $47.4 million, representing 5.4% quarterly loan growth. This activity brought total loans to $930.5 million, up 9.9% over the past year. Total assets reached $1.16 billion. Management characterized the period as another solid quarter and indicated plans to build on these results through 2026.

Positive

Q2 2026 net earnings $2.4 million, $0.76 per share
First-half 2026 net earnings $4.9 million, $1.54 per share
Quarterly loan growth $47.4 million, 5.4% in Q2 2026
Total loans $930.5 million, up 9.9% over past year
Total assets reached $1.16 billion

Negative

None.

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07/27/2026 - 05:07 PM

HOULTON, Maine, July 27, 2026 /PRNewswire/ -- Katahdin Bankshares Corp. (OTCQX: KTHN), the parent company of Katahdin Trust Company, a full-service community bank in Maine founded in 1918, has announced 2026 second-quarter earnings of $2.4 million, or $0.76 per common share, and $4.9 million for the first six months or $1.54 per common share.

The second quarter provided continued loan growth of $47.4 million or 5.4%. This strong quarter put total loans at $930.5 million, an increase of 9.9% over the past year. Total assets reached $1.16 billion.

"We are pleased to deliver yet another solid quarter," stated Jon J. Prescott, Katahdin Trust President and Chief Executive Officer. "We look forward continuing to build on these results as we go through 2026."

For more information and to view a copy of the Bank's most recent quarterly financial report, visit KatahdinTrust.com/Shareholder-Relations/#Financial-Reports.

About Katahdin Bankshares Corp.
Katahdin Bankshares Corp. is the bank holding company of Katahdin Trust Company. Founded in 1918, Katahdin Trust is a community bank based in Houlton, Maine with 16 locations and more than $1.16 billion in assets. Katahdin Bankshares Corp. common stock is quoted on the OTC Markets (OTCQX) under the symbol KTHN. Learn more about the Company and its subsidiary bank at www.katahdintrust.com and follow Katahdin Trust on social media.

View original content to download multimedia:https://www.prnewswire.com/news-releases/katahdin-bankshares-corp-reports-second-quarter-2026-results-302835674.html

SOURCE Katahdin Trust Company

FAQ

What were Katahdin Bankshares (OTCQX: KTHN) earnings for Q2 2026?

Katahdin Bankshares reported Q2 2026 net earnings of $2.4 million, or $0.76 per common share. According to Katahdin Bankshares, first-half 2026 earnings totaled $4.9 million, or $1.54 per share, reflecting results for the six months ended in the second quarter.

How much did Katahdin Bankshares loans grow in the second quarter of 2026?

Katahdin Bankshares reported Q2 2026 loan growth of $47.4 million, a 5.4% increase for the quarter. According to Katahdin Bankshares, this quarterly expansion raised total loans to $930.5 million, contributing to a 9.9% increase in loans over the past year.

What were Katahdin Bankshares total loans and assets at the end of Q2 2026?

At the end of Q2 2026, Katahdin Bankshares reported total loans of $930.5 million and total assets of $1.16 billion. According to Katahdin Bankshares, loan balances rose 9.9% year over year, supporting overall balance sheet expansion during the period.

What is the first-half 2026 EPS reported by Katahdin Bankshares (KTHN)?

For the first six months of 2026, Katahdin Bankshares reported earnings of $1.54 per common share. According to Katahdin Bankshares, this equates to $4.9 million in net earnings for the first half of 2026, compared only within the period disclosed.

How did Katahdin Bankshares management describe Q2 2026 results?

Management described Q2 2026 as “yet another solid quarter” for Katahdin Bankshares. According to Katahdin Bankshares, President and CEO Jon J. Prescott stated that the company looks forward to continuing to build on these results as it moves through 2026.

Where can investors find Katahdin Bankshares Q2 2026 financial report?

Investors can access Katahdin Bankshares most recent quarterly financial report on its shareholder relations webpage. According to Katahdin Bankshares, the report is available at KatahdinTrust.com/Shareholder-Relations/#Financial-Reports, providing additional detail on Q2 2026 and first-half 2026 results.