County banking markets / ME / 23019
PenobscotMaine
FIPS 23019. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 1994–2025. One of 16 counties in Maine’s 2025 survey.
Concentration, 1994–2025
Branch-count HHI squares each institution’s share of the county’s branch offices; deposit HHI squares its share of county deposits. The bands are the 2010 Horizontal Merger Guidelines classification, the dashed line the 1,800 level above which the Federal Reserve reviews a merger centrally. In 2025 this market is moderately concentrated on branches (1,576) and highly concentrated on deposits (3,006).
Source: FDIC Summary of Deposits | DOJ & FTC, Horizontal Merger Guidelines (2010), section 5.3 | Federal Reserve, Competitive Effects of Mergers and Acquisitions FAQs Both indices computed from the SOD branch rows for this county, June 30 of each survey year. Neither is the Fed's screen HHI: no thrift weighting, no exclusion of specialty and internet banks, no central-booking adjustment. Methodology
Branches and institutions
55 branch offices and 11 institutions in 1994; 42 and 9 in 2025. Deposits booked in the county went from $1.17B to $5.14B, nominal.
Source: FDIC Summary of Deposits FDIC Summary of Deposits, June 30 of each survey year, 1994-2025. Methodology
Who holds the deposits, 2025
Every institution with a branch in the county, ranked by deposits booked here. Both shares are shown because they are the two indices above: squaring and summing the deposit column gives the deposit HHI, the branch column the branch-count HHI.
| # | Institution | Deposits | Deposit share | Branches | Branch share |
|---|---|---|---|---|---|
| 1 | Bangor Savings Bank cert 18408 | $2.64B | 51.33% | 12 | 28.57% |
| 2 | TD Bank, National Association cert 18409 | $496.4M | 9.66% | 4 | 9.52% |
| 3 | Machias Savings Bank cert 19531 | $488.4M | 9.51% | 3 | 7.14% |
| 4 | The Camden National Bank cert 4255 | $476.8M | 9.28% | 6 | 14.29% |
| 5 | Katahdin Trust Company cert 12874 | $369.9M | 7.20% | 4 | 9.52% |
| 6 | Bar Harbor Bank & Trust cert 11971 | $234.2M | 4.56% | 6 | 14.29% |
| 7 | KeyBank National Association cert 17534 | $224.3M | 4.37% | 4 | 9.52% |
| 8 | First National Bank cert 4256 | $143.1M | 2.78% | 2 | 4.76% |
| 9 | Skowhegan Savings Bank cert 19532 | $67.0M | 1.31% | 1 | 2.38% |
Source: FDIC Summary of Deposits June 30, 2025. Branch rows grouped by FDIC certificate; names as reported to the survey. Deposit share is n/a where the county's total SOD deposits are zero. Methodology
Back to county banking markets, up to Maine, or read the methodology for the two HHI constructions and what they cannot tell you.