Kennebec Savings Bank
Augusta, Maine · FDIC Cert #17897
Kennebec Savings Bank is an FDIC-insured bank (Certificate #17897) with $1.7B in total assets and $1.3B in total deposits as of the Q2 2024 Call Report. Headquartered in Augusta, Maine, the bank maintains a Tier 1 capital ratio of 17.34% (Well-Capitalized) and a nonperforming loan ratio of 0.28%. BankHealthData assigns a composite Health Grade of B (78/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Kennebec Savings Bank (FDIC cert 17897) is a mid-sized bank with $1.7B in total assets and $1.3B in deposits, based in Augusta, Maine. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Capital position is strong: Tier 1 capital ratio of 17.34% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is clean: non-performing loan ratio of 0.28% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is thin: 14.2% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is solid: ROA of 0.89% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. Health-score trend is improving: the bank's composite score is up materially over the most recent quarters in the dataset. Improving trends usually reflect either capital strengthening, asset-quality recovery, or sustained profitability gains. Kennebec Savings Bank carries a composite BankHealth grade of B (78/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Kennebec Savings Bank
- Total Assets
- $1.7B
- Total Deposits
- $1.3B
- Tier 1 Capital Ratio
- 17.34%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.28%
- Liquidity Ratio
- 14.22%
- Return on Assets
- 0.89%
- Headquarters
- Augusta, Maine
- FDIC Certificate
- #17897
- Health Grade
- B (78/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Kennebec Savings Bank holds a Tier 1 capital ratio of 17.34%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Kennebec Savings Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Kennebec Savings Bank shows strong financial health indicators. With $1.7B in assets and a Health Score of 78/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Kennebec Savings Bank Compares
Kennebec Savings Bank’s Health Score of 78 is 14 points above the Maine state average of 64 across 20 FDIC-insured banks. Its 17.34% Tier 1 capital ratio is 3.3 points above the US banking industry average near 14%. The 0.28% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.89% is below the national ROA benchmark of ~1.1%. Among 698 similarly-sized banks, the average Health Score is 71, meaning this bank ranks above its size cohort. Site-wide, Kennebec Savings Bank is 8 points above the portfolio average of 70.
Frequently Asked Questions
Kennebec Savings Bank has a Bank Health Score of B (78/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 17.34%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Kennebec Savings Bank's Tier 1 capital ratio of 17.34% and nonperforming loan ratio of 0.28% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Kennebec Savings Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #17897). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Kennebec Savings Bank holds $1.7B in total assets and $1.3B in total deposits. It is headquartered in Augusta, Maine (FDIC Certificate #17897).
Kennebec Savings Bank has a Tier 1 capital ratio of 17.34%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.28%, and the return on assets is 0.89%.
Yes. Kennebec Savings Bank is FDIC-insured (Certificate #17897). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Kennebec Savings Bank's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.