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Katahdin Bankshares Corp. Posts 2024 Annual Report

1. Katahdin Bankshares published its 2024 Annual Report on March 6, 2025. 2. The bank has $1.08 billion in assets and 16 locations. 3. KTHN stock trades on the OTCQX market. 4. Katahdin Trust serves northern Maine and Portland regions. 5. Annual report accessible on Katahdin Trust's website.

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FAQ

Why Neutral?

The annual report itself does not indicate significant changes or new developments; historical precedent shows that steady performance financial reports typically maintain stock stability.

How important is it?

As the report outlines historical performance rather than forward-looking statements, its importance is moderate.

Why No Impact?

Annual reports generally reflect past performance and do not directly indicate future growth unless accompanied by new strategic initiatives.

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HOULTON, Maine, March 6, 2025 /PRNewswire/ --

Katahdin Bankshares Corp. (OTCQX: KTHN), parent company of Katahdin Trust Company, a community bank serving northern Maine and the greater Bangor and Portland regions, has published its annual report for the year ended December 31, 2024.

The Company's 2024 Annual Report can be viewed online at: KatahdinTrust.com/Shareholder-Relations#Annual-Reports

About Katahdin Bankshares Corp.

Katahdin Bankshares Corp. is the bank holding company of Katahdin Trust Company. Founded in 1918, Katahdin Trust is a community bank based in Houlton, Maine with 16 locations and $1.08 billion in assets. Katahdin Bankshares Corp. common stock is quoted on the OTC Markets (OTCQX) under the symbol KTHN. Learn more about the Company and its subsidiary bank at www.katahdintrust.com and follow Katahdin Trust on social media.

SOURCE Katahdin Bankshares Corp.

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