Bangor Savings Bank
Bangor Savings Bank reported total assets of $7.7 bn at Q2 2026, up 5.5% on a year earlier, the 200th largest of 497 banks in our US coverage. The CET1 capital ratio at Bangor Savings Bank was 10.39%, and the uninsured share of Bangor Savings Bank was 19.67%. Source: FDIC Call Reports.
Key takeaways
- On noncurrent loans to total loans, Bangor Savings Bank climbed from 304th to 178th among 500 US banks between and (1 = lowest; FDIC Call Reports).
- Bangor Savings Bank reports one of the lowest common equity tier 1 (CET1) ratio readings among banks of $1 bn to $10 bn: 10.39% at , where the median of the 287 banks is 13.22% (FDIC Call Reports).
- The tier 1 leverage ratio of Bangor Savings Bank, 7.79% at , places Bangor Savings Bank in the bottom tenth of banks of $1 bn to $10 bn (group median 10.45%; FDIC Call Reports).
What sets Bangor Savings Bank apart
- Among the 339 banks of $1 bn to $10 bn, few report a lower return on assets (ROA) than Bangor Savings Bank, at 0.37% in ; the group median is 1.32%.
- Bangor Savings Bank has one of the highest efficiency ratio readings among banks of $1 bn to $10 bn: 83.03% at , against a median of 56.87% across 339 banks.
- The return on equity (ROE) of Bangor Savings Bank, 5.26% at , places Bangor Savings Bank in the bottom tenth of banks of $1 bn to $10 bn (group median 12.68%).
How large is Bangor Savings Bank?
The balance sheet of Bangor Savings Bank at : assets $7.7 bn, deposits $5.7 bn, net loans $5.2 bn (loans equal to 90.91% of deposits). Securities make up 22.4% of total assets at Bangor Savings Bank. Since , when Bangor Savings Bank held $3.3 bn, its assets grew 132.7%. In the year to , deposits at Bangor Savings Bank fell 3.3% while its total assets rose 5.5%. At , Bangor Savings Bank employed 1,173 full-time equivalent staff across 72 offices, about $6.6 mn of assets per employee and $79.5 mn of deposits per office.
How much funding at Bangor Savings Bank is uninsured?
At Bangor Savings Bank, uninsured deposits (above the FDIC limit) made up 19.67% of domestic deposits at (+2.94 pp on a year earlier); Bangor Savings Bank ranks 412th of 500 on this measure. In dollars, Bangor Savings Bank estimated $1.1 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $5.7 bn | -3.3% | 216th of 499 |
| Net loans and leases | $5.2 bn | +3.4% | 203rd of 500 |
| Loan-to-deposit ratio | 90.91% | +5.84 pp | 175th of 500 |
| Tier 1 leverage ratio | 7.79% | +0.18 pp | 479th of 500 |
| Total risk-based capital ratio | 11.14% | -0.01 pp | 446th of 448 |
| Net interest margin | 2.98% | +0.56 pp | 405th of 500 |
| Return on assets (ROA) | 0.37% | +0.27 pp | 480th of 500 |
| Efficiency ratio | 83.03% | -7.69 pp | 483rd of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $161.4 mn | Narrowed by $39.9 mn | |
| Noncurrent loans to total loans | 0.47% | -0.20 pp | 178th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.02% | 0.00 pp | 123rd of 500 (1 = lowest) |
US rank of Bangor Savings Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Bangor Savings Bank: assets, deposits and loans
- Total assets $7.7bn
- Deposits $5.7bn
- Net loans $5.2bn
Capital and securities
The CET1 ratio of Bangor Savings Bank stood at 10.39% in , -0.02 pp year on year. Low and high at Bangor Savings Bank since : 10.39% () to 14.53% (). Equity capital of Bangor Savings Bank at : $539.6 mn, or 7.0% of total assets. Bangor Savings Bank also reported a total capital ratio of 11.14% for , and a tier 1 leverage ratio of 7.79%.
The available-for-sale portfolio of Bangor Savings Bank showed an unrealized loss of $161.4 mn at ; the loss narrowed by $39.9 mn over the year.
Bangor Savings Bank: capital ratios
- Total capital 11%
- CET1 10%
- Tier 1 leverage 7.8%
Bangor Savings Bank: unrealized securities gains and losses
- Available for sale -$161mn
- Held to maturity $0
Profitability and loan quality
For the year to , Bangor Savings Bank earned a return on equity of 5.26%; return on assets: 0.37%. Net interest margin at Bangor Savings Bank: 2.98%, +0.56 pp in a year. Bangor Savings Bank net income: $14.0 mn, up 263.1% year on year. The efficiency ratio of Bangor Savings Bank was 83.03%: about 83 cents cost per revenue dollar, against 53 cents at the median peer.
At , noncurrent loans were 0.47% of total loans at Bangor Savings Bank; net charge-offs: 0.02% of average loans. Gross loans and leases at Bangor Savings Bank: $5.2 bn, up 3.4% in a year.
Bangor Savings Bank: profitability
- Return on equity 5.3%
- Net interest margin 3.0%
- Return on assets 0.4%
Peer group of Bangor Savings Bank
The peer group of Bangor Savings Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of Bangor Savings Bank (state-chartered stock savings bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Maine. Against them, Bangor Savings Bank shows CET1 ratio 10.39% against a peer median of 12.54%, return on equity 5.26% against a peer median of 11.57% and uninsured deposit share 19.67% against a peer median of 42.41%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Hanmi Bank | State nonmember bank | CA | $8.0 bn | 13.40% | 11.38% | 44.76% | |
| Bankers Trust Company | State nonmember bank | IA | $7.8 bn | 10.95% | 11.28% | 57.36% | |
| Stockman Bank of Montana | State nonmember bank | MT | $7.7 bn | 12.01% | 19.71% | 40.06% | |
| Bangor Savings Bank | State-chartered stock savings bank | ME | $7.7 bn | 10.39% | 5.26% | 19.67% | |
| Preferred Bank | State nonmember bank | CA | $7.7 bn | 11.06% | 16.49% | 50.28% | |
| Equity Bank | State member bank | KS | $7.7 bn | 13.08% | 11.77% | 27.12% | |
| Kearny Bank | State-chartered stock savings bank | NJ | $7.7 bn | 13.44% | 4.90% | 39.15% | |
. FDIC Call Reports.
Last eight quarters
Two years at Bangor Savings Bank, to : assets +7.2%, deposits +5.2%, equity +19.5%. Staff 1,094 to 1,173.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $7.2 bn | $7.2 bn | $7.2 bn | $7.3 bn | $7.3 bn | $7.4 bn | $7.4 bn | $7.7 bn |
| Total deposits | $5.4 bn | $6.0 bn | $6.2 bn | $5.9 bn | $5.8 bn | $5.7 bn | $5.7 bn | $5.7 bn |
| Bank equity capital | $451.6 mn | $430.2 mn | $455.2 mn | $467.6 mn | $488.6 mn | $527.5 mn | $534.0 mn | $539.6 mn |
| CET1 ratio | 10.89% | 10.50% | 10.69% | 10.41% | 10.63% | 10.62% | 10.58% | 10.39% |
| Return on equity (ROE) | 2.68% | 2.93% | 2.05% | 1.71% | 3.38% | 6.02% | 3.53% | 5.26% |
| Uninsured share of domestic deposits | 19.47% | 16.48% | 15.18% | 16.73% | 18.20% | 18.26% | 19.68% | 19.67% |
| Full-time equivalent employees | 1,094 | 1,092 | 1,125 | 1,150 | 1,134 | 1,133 | 1,136 | 1,173 |
| Number of offices | 72 | 72 | 72 | 73 | 73 | 73 | 72 | 72 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Bangor Savings Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed Granite Bank (FDIC certificate 6212).
- . Absorbed Damariscotta Bank & Trust Co. (FDIC certificate 20931).
Questions and identifiers
What were the total assets of Bangor Savings Bank?
Bangor Savings Bank reported $7.7 bn at in its Call Report. That makes Bangor Savings Bank the 200th largest of 497 banks in our US coverage.
Is Bangor Savings Bank the same as its holding company?
No. This page covers Bangor Savings Bank, FDIC certificate 18408; BANGOR BCORP MHC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Bangor Savings Bank profitable?
Bangor Savings Bank reported net income of $14.0 mn for the year to ; annualized return on equity: 5.26%. So yes: Bangor Savings Bank made a profit over these months.
When is data for Bangor Savings Bank next updated?
Figures from Bangor Savings Bank for are due after .
Where can I check the figures for Bangor Savings Bank?
In the FDIC BankFind Suite record for certificate 18408, and in the Call Reports of Bangor Savings Bank (RSSD ID 419406) at the FFIEC Central Data Repository.