Katahdin Bankshares Corp. Reports Third Quarter 2024 Results

HOULTON, Maine, Oct. 22, 2024 /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 2024 third-quarter earnings of $2.27 million, or $0.71 per common share, an increase of 13.2% over the prior quarter.

"I'm pleased to report that our financial performance remained solid and consistent for the third quarter," said Jon J. Prescott, Katahdin Trust President and Chief Executive Officer. "Despite year-to-date lower net ...