Bangor Savings Bank Mortgage Rates, Fees & Info

Bangor, ME

LEI: 549300JEBULFT3BSU682

Tax ID: 01-0024610

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Bangor Savings Bank is a smaller bank specializing in Home Purchase loans. Bangor Savings Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Portland, Bangor, Boston, Augusta, and Lewiston among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Bangor Savings Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Bangor Savings Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.27% 4/21/24
    30 Year Conventional Purchase 6.19% 4/21/24
    30 Year Conventional Refi 6.31% 4/21/24
    30 Year Cash-out Refi 6.51% 4/21/24
    30 Year FHA Purchase 6.80% 4/21/24
    30 Year VA Purchase 5.86% 4/21/24
    30 Year VA Refi 6.36% 4/21/24
    30 Year USDA Purchase 5.99% 4/21/24
    15 Year Conventional Purchase 5.89% 4/21/24
    15 Year Conventional Refi 5.84% 4/21/24
    15 Year Cash-out Refi 5.84% 4/21/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Bangor Savings Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Bangor Savings Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    3,886

    Origination Dollar Volume (All Markets)

    $625,580,000

    Employee count

    884 Show all (12) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1,234 $251,020,000 $203,420 $3,979 4.65%
    Outside of Metro Areas 1,254 $153,470,000 $122,384 $3,785 4.65%
    BANGOR, ME (FHA|USDA|VA) 771 $92,545,000 $120,032 $3,621 4.64%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 203 $71,625,000 $352,833 $4,429 4.70%
    Augusta-Waterville, ME (FHA|USDA|VA) 217 $25,155,000 $115,922 $3,812 4.62%
    LEWISTON-AUBURN, ME (FHA|USDA|VA) 122 $15,680,000 $128,525 $4,529 4.71%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 29 $7,275,000 $250,862 $3,959 4.83%
    Berlin, NH (FHA|USDA|VA) 25 $2,525,000 $101,000 $4,408 4.63%
    Concord, NH (FHA|USDA|VA) 11 $1,455,000 $132,273 $3,433 4.81%
    WORCESTER, MA-CT (FHA|USDA|VA) 5 $1,255,000 $251,000 $3,995 4.95%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 3 $1,065,000 $355,000 $3,030 4.71%
    Keene, NH (FHA|USDA|VA) 4 $850,000 $212,500 $5,446 4.88%
    PITTSFIELD, MA (FHA|USDA|VA) 3 $695,000 $231,667 $5,270 4.46%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 2 $650,000 $325,000 $3,122 4.50%
    Laconia, NH (FHA|USDA|VA) 1 $175,000 $175,000 $6,219 5.50%
    Lebanon, NH-VT (FHA|USDA|VA) 1 $105,000 $105,000 $2,993 4.13%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $35,000 $35,000 $0 5.88%
    Bangor Savings Bank's top markets include Portland, Bangor, Boston, Augusta, and Lewiston among others.

    Their top states include:
  • Maine (FHA|USDA|VA)
  • Massachusetts (FHA|USDA|VA)
  • New Hampshire (FHA|USDA|VA)
  • Vermont (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Bangor Savings Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Charter Oak Federal Credit Union
    Similarity Rank: 18
    First National Bank
    Similarity Rank: 60
    LISBON COMMUNITY
    Similarity Rank: 65
    Saco Valley Credit Union
    Similarity Rank: 70
    MAINE HIGHLANDS FEDERAL CREDIT UNION
    Similarity Rank: 84
    CASCO
    Similarity Rank: 90
    MERRIMACK VALLEY
    Similarity Rank: 110
    Middlesex Federal Savings, F.A.
    Similarity Rank: 111
    Members First Credit Union N.H.
    Similarity Rank: 119
    CUMBERLAND COUNTY
    Similarity Rank: 120

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 2,016 $187,630,000 $93,070 n/a 4.72%
    Conventional 1,490 $374,110,000 $251,081 $3,478 4.64%
    FHA 155 $29,365,000 $189,452 $6,532 4.50%
    USDA 148 $19,880,000 $134,324 $4,382 4.18%
    VA 77 $14,595,000 $189,545 $5,387 4.33%

    For 2018, Bangor Savings Bank's most frequently originated type of loan was HELOC, with 2,016 originations. Their 2nd most popular type was Conventional, with 1,490 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,749 $388,205,000 $221,958 $3,992 4.59%
    Refi 916 $118,620,000 $129,498 $3,173 4.67%
    Home Improvement 747 $59,905,000 $80,194 $3,463 4.77%
    Other 335 $27,125,000 $80,970 $3,148 4.64%
    Cash Out Refi 139 $31,725,000 $228,237 $3,819 4.62%

    For 2018, Bangor Savings Bank's most frequently cited loan purpose was Home Purchase, with 1,749 originations. The 2nd most popular reason was Refi, with 916 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 2,055 $209,555,000 $101,973 $5,760 4.72%
    30 Year 1,405 $311,905,000 $221,996 $3,941 4.60%
    15 Year 232 $45,070,000 $194,267 $2,974 4.20%
    20 Year 101 $22,965,000 $227,376 $2,764 4.91%
    30+ year 61 $21,055,000 $345,164 $7,148 4.94%
    10 Year 28 $14,110,000 $503,929 $2,643 4.47%
    5 Year 3 $345,000 $115,000 $0 5.41%
    1 Year 1 $575,000 $575,000 $0 5.50%

    For 2018, Bangor Savings Bank's most frequently cited loan duration was Other, with 2,055 originations. The 2nd most popular length was 30 Year, with 1,405 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,175 $256,125,000 $217,979
    $<1k 367 $75,605,000 $206,008
    $2k-3k 109 $27,175,000 $249,312
    $3k-4k 42 $11,220,000 $267,143
    $5k+ 21 $8,215,000 $391,190
    $4k-5k 14 $3,880,000 $277,143

    Bangor Savings Bank's average total fees were $3,941, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,175 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 2,728 $433,150,000 $158,779
    5-6% 558 $97,260,000 $174,301
    3-4% 525 $88,095,000 $167,800
    6-7% 57 $4,835,000 $84,825
    7-8% 17 $1,945,000 $114,412
    <2.5% 1 $295,000 $295,000

    During 2018, Bangor Savings Bank's average interest rate for loans was 4.60%, while their most frequently originated rate bucket for loans was 4-5%, with 2,728 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,638 $87,640,000 $53,504 $3,070 4.71%
    $100k-200k 1,180 $167,020,000 $141,542 $3,621 4.63%
    $200k-400k 851 $226,835,000 $266,551 $4,268 4.59%
    $400k-600k 158 $75,650,000 $478,797 $4,924 4.62%
    $600k-1MM 43 $31,125,000 $723,837 $5,210 4.30%
    $1MM+ 16 $37,310,000 $2,331,875 $7,842 4.67%

    2018 saw Bangor Savings Bank place emphasis on $100,000 or less loans with 1,638 originations, totaling $87,640,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 825 $100,115,000 $121,352 $3,986 4.63%
    $100k-150k 795 $125,805,000 $158,245 $3,997 4.67%
    $50k or less 651 $54,435,000 $83,618 $3,595 4.61%
    $75k-100k 624 $85,010,000 $136,234 $3,836 4.72%
    $150k-250k 522 $109,220,000 $209,234 $4,101 4.67%
    $250k+ 246 $78,820,000 $320,407 $4,198 4.56%

    Bangor Savings Bank lent most frequently to those with incomes in the $50k-75k range, with 825 originations. The second most popular income band? $100k-150k, with 795 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 980 $137,430,000 $140,235 $3,671 4.65%
    30-36% 739 $116,525,000 $157,679 $3,964 4.67%
    <20% 610 $63,200,000 $103,607 $3,192 4.61%
    40% 157 $30,685,000 $195,446 $4,161 4.73%
    41% 157 $23,405,000 $149,076 $4,073 4.58%
    42% 151 $28,905,000 $191,424 $4,164 4.60%
    38% 150 $23,940,000 $159,600 $3,697 4.59%
    37% 140 $22,110,000 $157,929 $3,941 4.68%
    39% 135 $24,415,000 $180,852 $3,659 4.67%
    36% 123 $19,605,000 $159,390 $3,826 4.66%
    43% 82 $15,410,000 $187,927 $4,359 4.66%
    44% 66 $11,060,000 $167,576 $4,037 4.80%
    45% 57 $12,325,000 $216,228 $4,816 4.62%
    46% 45 $9,055,000 $201,222 $3,998 4.67%
    48% 41 $8,785,000 $214,268 $4,027 4.79%
    50-60% 40 $7,260,000 $181,500 $5,461 4.65%
    47% 38 $8,100,000 $213,158 $4,216 4.59%
    49% 31 $6,515,000 $210,161 $4,168 4.66%
    >60% 4 $830,000 $207,500 $0 4.50%

    Bangor Savings Bank lent most frequently to those with DTI ratios of 20-30%, with 980 originations. The next most common DTI ratio? 30-36%, with 739 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,376 $507,330,000 $150,275 $3,912 4.65%
    Not applicable 136 $55,330,000 $406,838 $0 4.68%
    Not provided 282 $44,940,000 $159,362 $3,904 4.62%
    Asian 50 $10,300,000 $206,000 $3,788 4.66%
    Black 26 $5,560,000 $213,846 $4,589 4.83%
    American Indian 11 $1,295,000 $117,727 $3,177 4.68%
    Native Hawaiian or Islander 5 $825,000 $165,000 $4,211 4.40%

    Approval Rates

    Total approvals of all applications
    81.42%

    Bangor Savings Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    88.27%

    Bangor Savings Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,886 $625,580,000 $160,983

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 1 $325,000 $325,000
    Multifamily:Site-Built 36 $39,730,000 $1,103,611
    Single Family (1-4 Units):Manufactured 49 $4,655,000 $95,000
    Single Family (1-4 Units):Site-Built 3,800 $580,870,000 $152,861

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 705 $66,285,000 $94,021 $2,789 4.69%
    40-60% 473 $73,695,000 $155,803 $3,203 4.69%
    60-80% 940 $207,080,000 $220,298 $3,700 4.66%
    80-100% 1,163 $251,865,000 $216,565 $4,172 4.57%
    Over 100% 15 $3,285,000 $219,000 $8,527 4.31%
    Under 20% 590 $23,370,000 $39,610 $977 4.71%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    BANCORPSOUTH BANK Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 2 33.3%
    BANCORPSOUTH BANK FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 16.7%
    BANCORPSOUTH BANK FHA mortgage Trouble during payment process 1 16.7%
    BANCORPSOUTH BANK Other type of mortgage Struggling to pay mortgage 1 16.7%
    BANCORPSOUTH BANK Other type of mortgage Trouble during payment process 1 16.7%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Bangor Savings Bank 73 Camden Street Rockland, ME 4841 Full Service B&M $23,802
    Bangor Savings Bank 1 Center Street Machias, ME 4654 Full Service B&M $13,020
    Bangor Savings Bank 100 Loudon Road Concord, NH 3301 Full Service B&M $34,941
    Bangor Savings Bank 1048 Brighton Avenue Portland, ME 4102 Full Service B&M $212,179
    Bangor Savings Bank 106 Main Street Belfast, ME 4915 Full Service B&M $11,015
    Bangor Savings Bank 110 Park Street Orono, ME 4473 Full Service B&M $50,120
    Bangor Savings Bank 113 Madison Avenue Skowhegan, ME 4976 Full Service B&M $83,493
    Bangor Savings Bank 118 Congress Street Rumford, ME 4276 Full Service B&M $44,591
    Bangor Savings Bank 127 Community Drive Augusta, ME 4330 Full Service B&M $82,708
    Bangor Savings Bank 132 Main Street Colebrook, NH 3576 Full Service B&M $103,566
    Bangor Savings Bank 160 East Main Street Dover-Foxcroft, ME 4426 Full Service B&M $60,320
    Bangor Savings Bank 163 Main Street Biddeford, ME 4005 Full Service B&M $27,879
    Bangor Savings Bank 17 Main Street Searsport, ME 4974 Full Service B&M $34,689
    Bangor Savings Bank 175 Main Street Jonesport, ME 4649 Full Service B&M $7,552
    Bangor Savings Bank 177 Main Street Farmington, ME 4938 Full Service B&M $56,078
    Bangor Savings Bank 180 Maple Street Cornish, ME 4020 Full Service B&M $45,608
    Bangor Savings Bank 180 Middle Street Portland, ME 4101 Full Service B&M $62,582
    Bangor Savings Bank 180 Waterman Drive South Portland, ME 4106 Full Service B&M $60,315
    Bangor Savings Bank 19 Main Road North Hampden, ME 4444 Full Service B&M $37,305
    Bangor Savings Bank 19 Maine Avenue Bangor, ME 4401 Limited, Drive-thru $0
    Bangor Savings Bank 196 Main Street Ogunquit, ME 3907 Full Service B&M $6,905
    Bangor Savings Bank 20 Marginal Way Portland, ME 4101 Full Service B&M $28,829
    Bangor Savings Bank 213 Battle Avenue Castine, ME 4421 Full Service B&M $12,909
    Bangor Savings Bank 215 U.S. Route 1 Falmouth, ME 4105 Full Service B&M $65,962
    Bangor Savings Bank 22 Main Street Dexter, ME 4930 Full Service B&M $55,521
    Bangor Savings Bank 232 North Street Calais, ME 4619 Full Service B&M $23,306
    Bangor Savings Bank 2400 Lafayette Road Portsmouth, NH 3802 Full Service B&M $23,462
    Bangor Savings Bank 241 Us Route 1 Scarborough, ME 4074 Full Service B&M $51,580
    Bangor Savings Bank 270 Main Street Saco, ME 4072 Full Service B&M $26,596
    Bangor Savings Bank 274 Western Avenue Augusta, ME 4330 Full Service B&M $22,797
    Bangor Savings Bank 28 Main Street Dixfield, ME 4224 Full Service B&M $9,312
    Bangor Savings Bank 3 State Street Bangor, ME 4401 Full Service B&M $285,667
    Bangor Savings Bank 31 Lily Bay Road Greenville, ME 4441 Full Service B&M $22,582
    Bangor Savings Bank 320 Allen Avenue Portland, ME 4103 Full Service B&M $31,965
    Bangor Savings Bank 366 Main Street Waterville, ME 4901 Full Service B&M $29,926
    Bangor Savings Bank 38 Court Street Houlton, ME 4730 Full Service B&M $33,153
    Bangor Savings Bank 4 Prospect Avenue Lincoln, ME 4457 Full Service B&M $54,232
    Bangor Savings Bank 425 Wilson Street Brewer, ME 4412 Full Service B&M $96,313
    Bangor Savings Bank 45 Maine Street Brunswick, ME 4011 Full Service B&M $15,278
    Bangor Savings Bank 460 U.S. Route 1 York, ME 3909 Full Service B&M $22,925
    Bangor Savings Bank 5 Commercial Street Rockport, ME 4856 Full Service B&M $35,529
    Bangor Savings Bank 54 Washington Street Eastport, ME 4631 Full Service B&M $18,093
    Bangor Savings Bank 56 Main Street Madison, ME 4950 Full Service B&M $24,444
    Bangor Savings Bank 564 Stillwater Avenue Old Town, ME 4468 Full Service B&M $53,118
    Bangor Savings Bank 59 Foster Street Ellsworth, ME 4605 Full Service B&M $86,988
    Bangor Savings Bank 6 China Road Winslow, ME 4901 Full Service B&M $33,377
    Bangor Savings Bank 652 Broadway Bangor, ME 4401 Full Service B&M $94,774
    Bangor Savings Bank 687 Hogan Road Bangor, ME 4401 Full Service B&M $87,481
    Bangor Savings Bank 69 Route 101a Amherst, NH 3031 Full Service B&M $23,743
    Bangor Savings Bank 7 Belmont Ave Belfast, ME 4915 Full Service B&M $115,184
    Bangor Savings Bank 77 Middle Street Portland, ME 4101 Full Service B&M $109,788
    Bangor Savings Bank 787 Main Street Monmouth, ME 4259 Full Service B&M $13,059
    Bangor Savings Bank 79 Central Street Millinocket, ME 4462 Full Service B&M $39,785
    Bangor Savings Bank 871 Hammond Street Bangor, ME 4402 Full Service B&M $97,715
    Bangor Savings Bank 882 Lisbon Street Lewiston, ME 4240 Full Service B&M $38,064
    Bangor Savings Bank 89 Main Street Bucksport, ME 4416 Full Service B&M $31,087
    Bangor Savings Bank 99 Franklin Street Bangor, ME 4401 Full Service B&M $328,102
    Bangor Savings Bank Bangor Road Unity, ME 4988 Full Service B&M $40,287
    Bangor Savings Bank Washington And Jefferson Streets Biddeford, ME 4005 Limited, Drive-thru $0

    For 2018, Bangor Savings Bank had 59 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $143,114
    Net interest income $119,687
    Total noninterest income $55,286
    Gross Fiduciary activities income $5,519
    Service charges on deposit accounts $8,686
    Trading account gains and fees $88
    Additional Noninterest Income $40,993
    Pre-tax net operating income $40,849
    Securities gains (or losses, -) $18
    Income before extraordinary items $32,547
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $32,547
    Minority interest net income $0
    Net income $32,547
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $32,532

    Bangor Savings Bank's gross interest income from loans was $143,114,000.
    Bangor Savings Bank's net interest income from loans was $119,687,000.
    Bangor Savings Bank's fee based income from loans was $8,686,000.
    Bangor Savings Bank's net income from loans was $32,547,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $23,427
    Provision for credit losses $1,500
    Total noninterest expense $132,624
    Salaries and employee benefits $82,063
    Premises and equipment expense $13,544
    Additional noninterest expense $37,017
    Applicable income taxes $8,320
    Net charge-offs $645
    Cash dividends $51,030

    Bangor Savings Bank's interest expense for loans was $23,427,000.
    Bangor Savings Bank's payroll and benefits expense were $82,063,000.
    Bangor Savings Bank's property, plant and equipment expenses $13,544,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 39.0%

    Deposits

    Type Value (in 000's)
    Total deposits $3,468,331
    Deposits held in domestic offices $3,468,331
    Deposits by Individuals, partnerships, and corporations $3,124,312
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $344,019
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $420,748
    Demand deposits $375,689
    Nontransaction accounts $3,047,583
    Money market deposit accounts (MMDAs) $665,750
    Other savings deposits (excluding MMDAs) $1,748,906
    Total time deposits $632,927
    Total time and savings deposits $3,092,642
    Noninterest-bearing deposits $144,731
    Interest-bearing deposits $3,323,600
    Retail deposits $3,150,923
    IRAs and Keogh plan accounts $115,975
    Brokered deposits $258,063
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $4,410,311
    Cash & Balances due from depository institutions $60,827
    Interest-bearing balances $4,551
    Total securities $980,474
    Federal funds sold & reverse repurchase $0
    Net loans and leases $2,998,945
    Loan and leases loss allowance $31,585
    Trading account assets $3,687
    Bank premises and fixed assets $141,393
    Other real estate owned $153
    Goodwill and other intangibles $55,897
    All other assets $168,935

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $4,410,311
    Total Liabilities $3,987,612
    Total deposits $3,468,331
    Interest-bearing deposits $3,323,600
    Deposits held in domestic offices $3,468,331
    % insured (estimated) $60
    Federal funds purchased and repurchase agreements $413,544
    Trading liabilities $2,297
    Other borrowed funds $67,611
    Subordinated debt $0
    All other liabilities $35,829

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $2,998,945
    Loan and leases loss allowance $31,585
    Total loans and leases (domestic) $3,030,530
    All real estate loans $2,614,126
    Real estate loans in domestic offices $2,614,126
    Construction and development loans $129,027
    Residential 1-4 family construction $21,417
    Other construction, all land development and other land $107,610
    Loans secured by nonfarm nonresidential properties $940,234
    Nonfarm nonresidential secured by owner-occupied properties $383,628
    Commercial real estate & other non-farm, non-residential $556,606
    Multifamily residential real estate $118,112
    1-4 family residential loans $1,423,072
    Farmland loans $3,681
    Loans held in foreign offices $0
    Farm loans $13,521
    Commercial and industrial loans $319,331
    To non-U.S. addressees $0
    Loans to individuals $21,225
    Credit card loans $0
    Related Plans $3,975
    Consumer Auto Loans $3,063
    Other loans to individuals $14,187
    All other loans & leases $62,328
    Loans to foreign governments and official institutions $0
    Other loans $33,928
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $6,485
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $4,704
    Non 1-4 family restructured loans & leases $549
    Total loans and leases (foreign) $0

    Bangor Savings Bank had $2,998,945,000 of loans outstanding in 2018. $2,614,126,000 of loans were in real estate loans. $129,027,000 of loans were in development loans. $118,112,000 of loans were in multifamily mortgage loans. $1,423,072,000 of loans were in 1-4 family mortgage loans. $13,521,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,063,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 1,114 $269,339 $241,776
    Nonfarm, nonresidential loans - <$100k 226 $10,322 $45,673
    Nonfarm, nonresidential loans - $100-250k 427 $58,277 $136,480
    Nonfarm, nonresidential loans - $250k-1MM 461 $200,740 $435,445
    Commercial & Industrial, US addressed loans - <$1MM 2,502 $148,967 $59,539
    Commercial & Industrial, US addressed loans - <$100k 2,013 $36,014 $17,891
    Commercial & Industrial, US addressed loans - $100-250k 291 $34,879 $119,859
    Commercial & Industrial, US addressed loans - $250k-1MM 198 $78,074 $394,313
    Farmland loans - <$1MM 9 $758 $84,222
    Farmland loans - <$100k 6 $258 $43,000
    Farmland loans - $100-250k 2 $205 $102,500
    Farmland loans - $250k-1MM 1 $295 $295,000
    Agriculture operations loans - <$1MM 245 $9,974 $40,710
    Agriculture operations loans - <$100k 183 $3,124 $17,071
    Agriculture operations loans - $100-250k 51 $5,363 $105,157
    Agriculture operations loans - $250k-1MM 11 $1,487 $135,182