Skowhegan Savings Bank vs Norway Savings Bank
Side-by-side bank health comparison using FDIC financial data
Skowhegan Savings Bank (A) and Norway Savings Bank (A) are close on the BankHealth rubric. Asset bases: $881M versus $1.9B.
With grades this close, the choice between banks turns more on product fit, branch convenience, rates, and digital experience than on rubric-driven safety differences.
Verdict
Skowhegan Savings Bank has a stronger Bank Health Score of 93/100 (A) compared to Norway Savings Bank at 81/100 (A), a difference of 12 points. Skowhegan Savings Bank holds a Tier 1 capital ratio of 20.2% and an NPL ratio of 0.27%.
| Metric | Skowhegan Savings Bank | Norway Savings Bank |
|---|---|---|
| Health Score Composite score (0-100) based on capital, loan quality, liquidity, and profitability | 93/100 (A)* | 81/100 (A) |
| Tier 1 Capital Ratio Core equity capital as % of risk-weighted assets (8%+ is well-capitalized) | 20.2%* | 13.3% |
| NPL Ratio Nonperforming loans as % of total loans (lower is better) | 0.3%* | 0.8% |
| Liquidity Ratio Cash and liquid assets vs obligations | 28.2%* | 24.1% |
| Return on Assets Profitability metric (above 1% is strong) | 1.1%* | 1.0% |
| Total Assets | $881M | $1.9B |
| Total Deposits | $709M | $1.5B |
| Location | Skowhegan, Maine | Norway, Maine |
Skowhegan Savings Bank has a stronger Bank Health Score of 93/100 (A) compared to Norway Savings Bank at 81/100 (A), a difference of 12 points. Skowhegan Savings Bank holds a Tier 1 capital ratio of 20.2% and an NPL ratio of 0.27%.