# KENNEBEC SAVINGS BANK
AUGUSTA, ME · FDIC certificate 17897 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 3 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.87B | |
| Deposits | $1.41B | |
| Loans and leases | $1.57B | |
| Total equity | $251.2M | |
| Loans / deposits | 110.80% (p95 of band) | 87.10% |
| Liquid assets / assets | 13.92% (p18 of band) | |
| Uninsured deposits / deposits | 21.93% (p22 of band) | 30.76% |
| Brokered deposits | 9.62% | |
| Wholesale funding | 19.88% (p89 of band) | |
| FHLB advances / assets | 10.26% | |
| Tier 1 leverage | 13.96% (p89 of band) | 10.50% |
| Unrealized securities loss / equity | -39.82% (p5 of band) | -7.75% |
| AOCI / equity | -0.21% (p56 of band) | |
| ROA (annualized) | 1.37% (p60 of band) | 1.26% |
| Net interest margin | 3.05% (p17 of band) | 3.70% |
| Efficiency ratio | 71.40% (p82 of band) | |
| Noncurrent loans | 0.46% (p46 of band) | 0.51% |
| Net charge-offs (annualized) | 0.00% (p11 of band) | |
| Reserve coverage of noncurrent | 132.51% | |
| Real estate % of loans | 93% | |
| Construction % of loans | 9.26% (p10 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 3.9% | |
| Employees | 204 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)
- **securities losses >30% of equity** (`cap_secloss`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | loans exceed deposits, wholesale funding >15%, reserve under noncurrent |  |
| 2011-06 | 3 |  |  |
| 2011-09 | 3 |  |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 3 |  |  |
| 2012-06 | 3 |  |  |
| 2012-09 | 3 |  |  |
| 2012-12 | 3 |  |  |
| 2013-03 | 3 |  |  |
| 2013-06 | 3 |  |  |
| 2013-09 | 3 |  |  |
| 2013-12 | 3 |  |  |
| 2014-03 | 3 |  |  |
| 2014-06 | 3 |  |  |
| 2014-09 | 3 |  |  |
| 2014-12 | 3 |  |  |
| 2015-03 | 3 |  |  |
| 2015-06 | 3 |  |  |
| 2015-09 | 3 |  |  |
| 2015-12 | 3 |  |  |
| 2016-03 | 2 |  | reserve under noncurrent |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 3 | capital falling |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 2 |  | capital falling |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 3 | securities losses >30% of equity |  |
| 2020-03 | 3 | losing money | securities losses >30% of equity |
| 2020-06 | 4 | securities losses >30% of equity, reserve under noncurrent | losing money |
| 2020-09 | 3 |  | reserve under noncurrent |
| 2020-12 | 2 |  | wholesale funding >15% |
| 2021-03 | 3 | expense ratio p90 |  |
| 2021-06 | 2 |  | expense ratio p90 |
| 2021-09 | 1 |  | loans exceed deposits |
| 2021-12 | 1 |  |  |
| 2022-03 | 3 | loans exceed deposits, losing money |  |
| 2022-06 | 4 | capital falling |  |
| 2022-09 | 4 | brokered >10% | loans exceed deposits |
| 2022-12 | 4 | loans exceed deposits, wholesale funding >15% | losing money, capital falling |
| 2023-03 | 4 |  |  |
| 2023-06 | 5 | expense ratio p90 |  |
| 2023-09 | 4 |  | expense ratio p90 |
| 2023-12 | 5 | expense ratio p90 |  |
| 2024-03 | 6 | NIM <2.5% |  |
| 2024-06 | 6 |  |  |
| 2024-09 | 6 |  |  |
| 2024-12 | 6 |  |  |
| 2025-03 | 4 |  | expense ratio p90, NIM <2.5% |
| 2025-06 | 4 |  |  |
| 2025-09 | 4 |  |  |
| 2025-12 | 3 |  | brokered >10% |
| 2026-03 | 3 |  |  |
| 2026-06 | 3 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-09-09 [Kennebec Savings Bank commits $75,000 to Windsor Fair Agricultural Education Center - townline.org](https://news.google.com/rss/articles/CBMipgFBVV95cUxQaHlXM2VuWGZ2VkRES2dmUXFySm5zTGNwdGRvNE1pQVE1WHFFYVBNMTUyOFRJSDhvSjhBTmpNZkM5bmlfYnRiNUdqckRoV1JELUo2cy0yRWNkbFFSSUNFSEY1MmItUGY2OU5nTlZ3STlhdV8zVENOYW1YdE9feHJiMEV3TER4X1lzSVQ4dkhJOU9FQTk2OERHQnVDS2NOVGVhaU8xdW1B?oc=5) · townline.org
- 2026-09-02 [Kennebec Savings Bank commits $75K to proposed Windsor Fair Agricultural Education Center - WABI](https://news.google.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?oc=5) · WABI
- 2025-12-23 [Kennebec Savings seeks to build five-story building at Augusta campus - mainebiz.biz](https://news.google.com/rss/articles/CBMioAFBVV95cUxQczJDUGp6VFEwSFkzMlBVeHFoNWo0RFNMUVphdXV2NWNoQS1mclh1U042X29hWnpVY1RlSGEtNXJpVFBfMGFvQ3d0SGlpRVF4TE91Q25peU1kTnFyQkhaUTFqUzZzM0ZycUlmTFROVERtbElEWFBkREUzd0tuTmRfNWdrVnh6T3dZS1dlQm5CZnZ4eDNaTDlCU0ZLV0RWMzBO?oc=5) · mainebiz.biz
- 2026-05-29 [Kennebec Savings Bank Review - SmartAsset](https://news.google.com/rss/articles/CBMihgFBVV95cUxPSmloaG5CaVB0VFhWRlBtSzBtelRuX1VPWWFwblE1dFJRVkFZbkoyUlZGMVhuSUpEb0xmeWx4dU5mRVNJVjhGQnh6SFB4ZVlOZnRGUTRBRWZpOTB0XzFZMGdYc2J1Y2ZWWElXci1qaFJTdFZyUVFQOGZka2JxMklBNDQ5SFpLQQ?oc=5) · SmartAsset
- 2026-02-13 [Kennebec Savings Bank, developer agree to move historic Augusta building - Centralmaine.com](https://news.google.com/rss/articles/CBMisgFBVV95cUxNcU9xcHNYamo0TVRUODNFSnZvTHhBRkVxdXN1VGZRRjJCdkloVmlIblBJcWdkNnB6OVZrRDhVcmxVdE5kekJVRkJoTEszTGZvblB5U0ZyT25ZUzZsTTE5R0UtQ2t5eXNYRF94TEZ4OGx1cjE3V2NWMVZuZ2gyejlnalp3OG9iMFR5ZEprZ0ZJdVJGdmxzdmJ5b2VjR3lVcTUzZmZnQmRYVGg0dzk0SmgwWkNR?oc=5) · Centralmaine.com
- 2026-07-15 [Kennebec Savings gets planning board OK for Augusta building plan - mainebiz.biz](https://news.google.com/rss/articles/CBMimwFBVV95cUxNc3ZTSFc4MXhNY2IzTE1jdlFweWdUVGJtSFpId0YyQ3lJcmN0OFplUUtiVGxTSUJQUWYzYW9xTGl5Rm9MNGdwa19xeUpYdk1aWEhuX0ZMUVJCRmVkQnV0WEh3dUhyRmhudWg1aUp5WmczeHJYMkhiYVAxZ0RSdlVyU0EyNklsSldXVjhsWUhqMWdBcEVGYkZpRTFKOA?oc=5) · mainebiz.biz
- 2026-05-27 [Historic Augusta house set for big move on Sunday - spectrumlocalnews.com](https://news.google.com/rss/articles/CBMitAFBVV95cUxQQWJITXY5OTFRWXc1cDBfOThYSTZvaUk0YURnaEREaFpaTi14UU5Id0Q3RVhiM3hnektPWE9LR2ViblhJQzN4TG9aN2V4NnA4ek91dGpleGpVdFBuTEpUQ2xFcmlDa2xaVlc0OTFPM2RaeWdKUkVkcXYtLW9jaHZhdDhIVXA4X0wxUUVZY3Z0bTNVN0g0NTV6al92M2ZKRUsxSHh2SFRBZVBvTl9UQmd5dWxvVzc?oc=5) · spectrumlocalnews.com
- 2026-01-21 [Kennebec Savings Bank plans Augusta expansion, historic house demolition - Centralmaine.com](https://news.google.com/rss/articles/CBMisgFBVV95cUxNaF9JcnZteW9vVHB4VmRpR1JuZHhjS2NRNUJjS3dvSDNub1BSMFNpRFpOVUV0Nk42ZF9CMWQybk5sNWFvNlZQUnNzcXpIZjMyZDBmekhZcXQ3Mjh3Y0FWVmx5UVZHWi1MR3lJMXNiVUExNHBQSjJDaThVNjZVZjlicEtUZnRzZW8yWGtVQTkyQVFCaHNNTzAxRTN6M29VY1ZBYXpNTDR4Y2Z3X0R5WUJGOVN3?oc=5) · Centralmaine.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=17897 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/41.json (key "17897", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide