North Maine Woods

Katahdin Bankshares Corp. Reports Third Quarter Results

Retrieved on: 
Wednesday, October 23, 2019
Katahdin, North Maine Woods

"We continue to experience excellent results," said Jon J. Prescott, President and Chief Executive Officer of Katahdin Trust.

Key Points: 
  • "We continue to experience excellent results," said Jon J. Prescott, President and Chief Executive Officer of Katahdin Trust.
  • Katahdin Bankshares Corp. is the bank holding company of Katahdin Trust Company, a community bank founded in 1918 and based in Houlton, Maine.
  • Katahdin Bankshares Corp. common stock is quoted on the OTCQX market under the symbol KTHN.
  • To learn more about the Company and its subsidiary bank, visit KatahdinTrust.com or follow Katahdin Trust on Facebook, Twitter, LinkedIn, and Instagram.

Katahdin Bankshares Corp. Completes $14.5 Million Senior Note Offering

Retrieved on: 
Thursday, June 13, 2019
Katahdin, Maine, OTC Markets Group, North Maine Woods, United States, Country subdivisions, Countries in North America

HOULTON, Maine, June 13, 2019 /PRNewswire/ --Katahdin Bankshares Corp. (OTCQX: KTHN), the parent company of Katahdin Trust Company, announced today that it has completed the private placement of $14.5 million in fixed rate senior notes due 2026 (the "Notes").

Key Points: 
  • HOULTON, Maine, June 13, 2019 /PRNewswire/ --Katahdin Bankshares Corp. (OTCQX: KTHN), the parent company of Katahdin Trust Company, announced today that it has completed the private placement of $14.5 million in fixed rate senior notes due 2026 (the "Notes").
  • Katahdin Bankshares Corp. is headquartered in Houlton, Maine and has total assets of $800.1 million and total shareholder's equity of $72.9 million as of March 31, 2019.
  • Katahdin Bankshares Corp. common stock is quoted on the OTCQX market under the ticker symbol KTHN.
  • Further information about the Company and Katahdin Trust can be found at www.KatahdinTrust.com or by following Katahdin Trust on Facebook, Twitter, LinkedIn, and Instagram.

Katahdin Bankshares Corp. Posts Annual Report

Retrieved on: 
Friday, March 1, 2019
National Register of Historic Places in Piscataquis County, Maine, Katahdin, OTC Markets Group, Maine, United States, North Maine Woods, Country subdivisions, Countries in North America

HOULTON, Maine, March 1, 2019 /PRNewswire/ -- Katahdin Bankshares Corp. (OTCQX: KTHN), parent company of Katahdin Trust Company, announced that it has published its 2018 Annual Report.This report may be found at

Key Points: 
  • HOULTON, Maine, March 1, 2019 /PRNewswire/ -- Katahdin Bankshares Corp. (OTCQX: KTHN), parent company of Katahdin Trust Company, announced that it has published its 2018 Annual Report.This report may be found at
    Katahdin Bankshares Corp., parent company of Katahdin Trust Company, stock is quoted on the OTC Markets quote board OTCQX under the symbol KTHN.
  • Current stock information can be found at otcmarkets.com/stock/KTHN/quote.
  • Katahdin Trust, founded in 1918 and named one of the 2018 Best Places to Work in Maine, is a community bank with more than $800 million in assets and 180 employees.
  • Learn more about Katahdin Trust on its website at www.katahdintrust.com and get the latest news and information by following Katahdin Trust on Facebook, Twitter, LinkedIn, and Instagram.

Katahdin Bankshares Corp. Releases 4th Quarter Unaudited Financial Report

Retrieved on: 
Monday, January 28, 2019
Katahdin, OTC Markets Group, Maine, United States, North Maine Woods, Country subdivisions, Countries in North America

HOULTON, Maine, Jan. 28, 2019 /PRNewswire/ -- Katahdin Bankshares Corp. (OTCQX: KTHN), parent company of Katahdin Trust Company, has released its quarterly unaudited financial report to shareholders.

Key Points: 
  • HOULTON, Maine, Jan. 28, 2019 /PRNewswire/ -- Katahdin Bankshares Corp. (OTCQX: KTHN), parent company of Katahdin Trust Company, has released its quarterly unaudited financial report to shareholders.
  • Katahdin Bankshares Corp., parent company of Katahdin Trust Company, stock is quoted on the OTC Markets quote board OTCQX under the symbol KTHN and was named to the 2018 OTCQX Best 50, a ranking of top performing companies traded on the OTCQX Best Market.
  • Katahdin Trust, founded in 1918 and named one of the 2018 Best Places to Work in Maine, is a community bank with over $800 million in assets and 180 employees.
  • Learn more about Katahdin Trust on its website at www.katahdintrust.com and get the latest news and information by following Katahdin Trust on Facebook, Twitter, LinkedIn, and Instagram.

Katahdin Bankshares Corp. Announces Dividend

Retrieved on: 
Wednesday, November 28, 2018
Katahdin, National Register of Historic Places in Piscataquis County, Maine, Dividend, Maine, North Maine Woods

HOULTON, Maine, Nov. 28, 2018 /PRNewswire/ --Katahdin Bankshares Corp. (OTCQX: KTHN), parent company of Katahdin Trust Company, announced that it has declared a cash dividend of $0.1075 per share for the fourth quarter of 2018.

Key Points: 
  • HOULTON, Maine, Nov. 28, 2018 /PRNewswire/ --Katahdin Bankshares Corp. (OTCQX: KTHN), parent company of Katahdin Trust Company, announced that it has declared a cash dividend of $0.1075 per share for the fourth quarter of 2018.
  • In making the announcement Jon J. Prescott, Katahdin Trust President & CEO, stated that it represented a 7.5% increase over last year's fourth quarter dividend.
  • Katahdin Bankshares Corp. also declared a cash dividend on its preferred stock Series D of $54.6875 per share for the fourth quarter of 2018.
  • Learn more about Katahdin Trust on its website at www.katahdintrust.com and get the latest news and information by following Katahdin Trust on Facebook, Twitter, LinkedIn, and Instagram.

Government of Canada congratulates Tobique First Nation on road reconstruction

Retrieved on: 
Saturday, June 23, 2018
North Maine Woods, First Nations, Maliseet, Maine, Algonquian peoples, Tobique River, Tobique First Nation, Indigenous peoples of the Americas, Saint John River, Jeremy Dutcher

This project represents a $2.5 million investment by the Government of Canada and is set to be completed by the end of the month.

Key Points: 
  • This project represents a $2.5 million investment by the Government of Canada and is set to be completed by the end of the month.
  • The mentoring and job creation benefits provided valuable work experience and skills development opportunities for Tobique First Nation band members.
  • The Tobique First Nation is a Maliseet community located on the north side of the Tobique River in New Brunswick.
  • Tobique is the largest of the Wolastoqiyik and Maliseet Nation reserves in New Brunswick with a population of approximately 2500.

Katahdin Bankshares Corp. Announces Dividend

Retrieved on: 
Wednesday, May 23, 2018
Katahdin, Dividend, North Maine Woods, Maine

HOULTON, Maine, May 23, 2018 /PRNewswire/ -- Katahdin Bankshares Corp. (OTCQX: KTHN), parent company of Katahdin Trust Company, announced that it has declared a cash dividend of $0.1075 per share for the second quarter of 2018.

Key Points: 
  • HOULTON, Maine, May 23, 2018 /PRNewswire/ -- Katahdin Bankshares Corp. (OTCQX: KTHN), parent company of Katahdin Trust Company, announced that it has declared a cash dividend of $0.1075 per share for the second quarter of 2018.
  • In making the announcement Jon J. Prescott, Katahdin Trust President & CEO, stated that it represented a 7.5% increase over last year's second quarter dividend.
  • Katahdin Bankshares Corp. also declared a cash dividend on its preferred stock Series D of $54.6875 per share for the second quarter of 2018.
  • Learn more about Katahdin Trust on its website at www.katahdintrust.com and get the latest news and information by following Katahdin Trust on Facebook, Twitter, LinkedIn, and Instagram.