Norway Savings Bank

Chartered Bank Active FDIC Insured
Health Score
8.7 / 10

261 Main St, Norway, ME 04268

Financial Overview

Total Assets $2.08B
Total Deposits $1.61B
Profitability (ROA) 0.87%
Shareholder Return (ROE) 6.99%
Capital Cushion (Eq/Assets) 12.56%
Established 01/01/1866

Financial Health Analysis

Norway Savings Bank is a currently active commercial lending specialization banking institution headquartered in Norway, Maine. Established in 01/01/1866, this institution operates under regulatory supervision and is fully insured by the FDIC.

As a financial institution, Norway Savings Bank manages $2.08B in total assets and holds $1.61B in customer deposits. When evaluating the stability of Norway Savings Bank, one of the most critical metrics is its Capital Cushion (Equity-to-Assets Ratio). At 12.56%, this indicates how much financial loss the bank can absorb before depositors' funds are placed at risk. A strong equity cushion is a key indicator of a bank's ability to weather economic downturns.

In terms of operational efficiency, the bank's Return on Assets (ROA) is 0.87%, while its Return on Equity (ROE) sits at 6.99%. These robust metrics contribute to an overall health score of 8.7 out of 10, signaling a well-capitalized and efficiently managed operation that effectively balances risk and shareholder return.

Risk & Growth Profiles

✓ Clean Regulatory Record

No recent history of FDIC conservatorship or financial failure.

Deposit Momentum

$64.6M avg deposits per branch.

Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.

Operations & Contact

Contact

Website: www.norwaysavings.bank

FDIC Certificate #: 17658

Specialization: Commercial Lending Specialization

Location

261 Main St

Norway, Maine 04268

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