Katahdin Bankshares Corp. Reports Second Quarter 2024 Results
"Although our net interest margin contracted, strong loan growth and excellent asset quality enabled us to nearly match our first-quarter results," stated
"Despite a 2.1% decrease from the previous quarter and a 19.3% drop from the same quarter last year, I believe these net income results showcase our ability to maintain solid performance in a challenging market environment," added Prescott.
For more information and to view a copy of the Bank's most recent quarterly financial report, visit KatahdinTrust.com/Shareholder-Relations.
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Katahdin Bankshares Corp. is the bank holding company of Katahdin
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