Maine headquartered banks reported $18.1 billion in total commercial real estate loans as of June 30, 2026, according to FDIC Call Reports. That total was +10.3% from a year earlier. The ranked table covers all 22 banks headquartered in the state and measures each institution’s total CRE portfolio, including construction and land, multifamily, owner occupied, and investor nonfarm nonresidential loans. The table does not measure only loans secured by Maine properties. It reflects the institutionwide portfolios of banks selected by headquarters location. The top five institutions account for 60.1% of CRE loans held by Maine headquartered banks.
The ranking gives borrowers a starting point for identifying banks with demonstrated commercial real estate exposure. Portfolio size can indicate appetite and capacity to hold loans, while category mix shows the property and borrower segments in which a bank is most active. Year over year change identifies institutions that are adding or reducing CRE balances. Concentration provides another useful lens because a bank with a large CRE book relative to its overall lending or equity may be more selective about new exposure. The figures come from FDIC Call Reports, formally the Reports of Condition and Income, schedule RC-C, together with the FDIC Summary of Deposits 2026.
Maine banks ranked by total CRE loans
| Rank | Bank | Headquarters | Total CRE loans ($M) | Construction and land ($M) | Multifamily ($M) | Owner occupied ($M) | Change, 1 year | CRE share of loans |
|---|---|---|---|---|---|---|---|---|
| 1 | Northeast Bank | Portland, ME | $3,330 | $28.0 | $653 | $266 | +21.8% | 72.5% |
| 2 | The Camden National Bank | Camden, ME | $2,161 | $194 | $391 | $428 | +6.3% | 43.1% |
| 3 | Bar Harbor Bank & Trust | Bar Harbor, ME | $2,035 | $275 | $332 | $328 | +11.2% | 56.1% |
| 4 | Bangor Savings Bank | Bangor, ME | $1,975 | $167 | $425 | $414 | +9.0% | 37.7% |
| 5 | Maine Community Bank | Portland, ME | $1,407 | $85.3 | $305 | $264 | +11.2% | 56.9% |
| 6 | Kennebunk Savings Bank | Kennebunk, ME | $1,188 | $174 | $157 | $240 | +18.6% | 66.0% |
| 7 | Machias Savings Bank | Machias, ME | $1,164 | $133 | $209 | $290 | -0.3% | 51.7% |
| 8 | First National Bank | Damariscotta, ME | $987 | $68.1 | $140 | $380 | -3.0% | 40.7% |
| 9 | Norway Savings Bank | Norway, ME | $726 | $97.3 | $124 | $162 | +14.0% | 44.4% |
| 10 | Androscoggin Savings Bank | Lewiston, ME | $672 | $26.8 | $87.7 | $118 | +3.8% | 45.5% |
| 11 | Katahdin Trust Company | Patten, ME | $470 | $10.1 | $108 | $105 | +10.5% | 50.5% |
| 12 | Kennebec Savings Bank | Augusta, ME | $401 | $23.3 | $38.8 | $194 | +1.7% | 25.6% |
| 13 | Saco & Biddeford Savings Institution | Saco, ME | $374 | $68.7 | $59.5 | $62.2 | +14.1% | 31.2% |
| 14 | Bath Savings Institution | Bath, ME | $363 | $46.8 | $32.4 | $87.7 | +11.4% | 41.1% |
| 15 | Partners Bank of New England | Sanford, ME | $346 | $50.2 | $55.3 | $67.9 | +19.2% | 38.7% |
| 16 | Franklin Savings Bank | Farmington, ME | $309 | $25.8 | $33.1 | $199 | +1.9% | 45.7% |
| 17 | Skowhegan Savings Bank | Skowhegan, ME | $178 | $7.2 | $5.6 | $63.4 | -4.8% | 28.9% |
| 18 | Bar Harbor Savings and Loan Association | Bar Harbor, ME | $20.7 | $9.1 | $0.1 | $7.7 | +11.1% | 23.0% |
| 19 | Auburn Savings Bank, FSB | Auburn, ME | $16.8 | $3.1 | $4.7 | $5.4 | +19.6% | 19.6% |
| 20 | First Federal Savings and Loan Association of Bath | Bath, ME | $12.9 | $3.3 | $0.5 | $7.4 | +2.2% | 8.7% |
| 21 | Rockland Savings Bank, FSB | Rockland, ME | $10.4 | $3.2 | $1.7 | $3.7 | +4.3% | 13.4% |
| 22 | Aroostook County Federal Savings and Loan Association | Caribou, ME | $0.7 | $0.2 | $0.4 | $0.1 | -14.1% | 0.4% |
Source: FDIC Call Reports as of June 30, 2026 (schedule RC-C). Dollar figures in millions. Change, 1 year compares total CRE loans with June 30, 2025. Bank names link to each bank’s FDIC record.
Northeast Bank leads with $3.3 billion in CRE loans and +21.8% year over year growth. Its $2.4 billion investor nonfarm nonresidential portfolio is the largest category in its CRE book, and CRE represents 72.5% of total loans. The Camden National Bank follows with $2.2 billion, while Bar Harbor Bank & Trust and Bangor Savings Bank each report $2.0 billion. Portfolio mix varies materially. First National Bank reports $379.6 million in owner occupied loans and $399.2 million in investor nonfarm nonresidential loans, a relatively balanced split. Franklin Savings Bank has $199.3 million in owner occupied loans but $50.4 million in investor nonfarm nonresidential loans. Growth also varies, from +19.6% at Auburn Savings Bank, FSB to -14.1% at Aroostook County Federal Savings and Loan Association. Northeast Bank’s 5.08x investor CRE to equity ratio is high relative to the other banks in the table.
Out of state banks with branches in Maine
| Bank | Headquarters state | Branches in Maine | Deposits in Maine ($M) | Total CRE loans, all states ($M) |
|---|---|---|---|---|
| TD Bank, N.A. | Delaware | 28 | $5,038 | $30,408 |
| KeyBank, N.A. | Ohio | 30 | $2,824 | $17,153 |
| Bank of America, N.A. | North Carolina | 12 | $2,280 | $79,906 |
| Manufacturers and Traders Trust Company | New York | 15 | $971 | $34,665 |
| JPMorgan Chase Bank, N.A. | Ohio | 7 | $175 | $179,847 |
| NBT Bank, N.A. | New York | 2 | $67.4 | $4,692 |
| Eagle Bank | Massachusetts | 1 | $46.7 | $321 |
Source: FDIC Summary of Deposits 2026. Deposits and branches are for Maine only; CRE loans are bank wide.
The ranking provides a practical starting point for a loan search
Borrowers can use total CRE loans as an initial measure of a bank’s appetite and capacity to hold commercial real estate credit. A larger portfolio does not establish that a bank will approve a particular request, but it shows an existing commitment to the asset class. The category columns then help narrow the field. A borrower seeking construction financing can examine construction and land balances, while an owner user can focus on owner occupied exposure. Year over year growth shows which institutions are adding CRE loans and which are reporting lower balances.
Concentration should be considered alongside size and growth. CRE share of loans measures how prominent commercial real estate is within the loan book. Investor CRE to equity compares construction, multifamily, and non owner occupied nonfarm loans with total equity capital. A comparatively high ratio can signal that a bank will be selective about additional exposure. Bank lending is relationship driven and local, so borrowers should treat the ranking as a screening tool, then contact several institutions to discuss the property, sponsorship, requested structure, and existing banking relationships.
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The category data reveal substantial differences among the leading banks. Northeast Bank reports $2.4 billion in investor nonfarm nonresidential loans, compared with $652.9 million in multifamily, $265.7 million in owner occupied loans, and $28.0 million in construction and land loans. Bangor Savings Bank has a broader mix, including $968.6 million in investor nonfarm nonresidential loans, $425.1 million in multifamily, $414.3 million in owner occupied loans, and $167.1 million in construction and land loans. These balances show existing portfolio activity, not current loan terms or approval standards.
Concentration adds context to those balances. Northeast Bank reports CRE equal to 72.5% of total loans and an investor CRE to equity ratio of 5.08x. Kennebunk Savings Bank reports 66.0% and 4.97x, while Maine Community Bank reports 56.9% and 4.08x. Those ratios are high relative to many other institutions in the table. Kennebec Savings Bank, by comparison, reports CRE equal to 25.6% of loans and an investor CRE to equity ratio of 0.83x. A lower ratio does not establish greater availability, just as a higher ratio does not establish that lending has stopped.
Borrowers have options beyond Maine headquartered banks
Banks headquartered outside Maine also operate local branches. The FDIC Summary of Deposits 2026 shows TD Bank, N.A. with 28 Maine branches and $5.0 billion in state deposits, while KeyBank, N.A. has 30 branches and $2.8 billion in state deposits. Bank of America, N.A. has 12 branches and $2.3 billion in state deposits. Manufacturers and Traders Trust Company has 15 branches and $970.6 million in state deposits. These institutions are excluded from the ranking because their headquarters are outside Maine, and their reported CRE totals cover all states.
Other branch operators include JPMorgan Chase Bank, N.A., NBT Bank, N.A., and Eagle Bank. Their institutionwide CRE portfolios are $179.8 billion, $4.7 billion, and $320.6 million, respectively. Borrowers can also compare debt funds, life companies, CMBS lenders, agency lenders, and SBA lenders. Those nonbank sources do not appear in bank Call Reports and may evaluate requests through different credit channels. Comparing several bank and nonbank sources helps a borrower assess available structures without treating portfolio size as a promise of approval, pricing, proceeds, or execution.
Frequently Asked Questions
Which Maine bank has the largest commercial real estate loan portfolio?
Northeast Bank ranks first among banks headquartered in Maine, with $3.3 billion in total commercial real estate loans as of June 30, 2026. Its portfolio includes $2.4 billion in investor nonfarm nonresidential loans, $652.9 million in multifamily loans, $265.7 million in owner occupied loans, and $28.0 million in construction and land loans. CRE represents 72.5% of its total loans, and its CRE balance increased +21.8% year over year. The bank ranks 147 nationally by total CRE loans in the FDIC Call Report comparison.
How current is the Maine CRE lender ranking?
The loan balances and bank rankings are based on FDIC Call Reports as of June 30, 2026. Headquarters are used to determine inclusion in the Maine table, while the FDIC Summary of Deposits 2026 identifies banks headquartered elsewhere that maintain branches and deposits in the state. The table therefore presents a dated financial snapshot rather than a live indication of available credit. Benchmark rates are shown separately as of Oct 26, 2026, including a Prime rate of 7.00%, SOFR of 3.89%, and a Fed funds rate of 3.88%.
What does a national rank mean for a Maine CRE lender?
National rank places each Maine headquartered bank within the comparison of 4,167 banks reporting $3.07 trillion in total CRE loans. Northeast Bank holds national rank 147 with $3.3 billion in CRE loans. The Camden National Bank ranks 210 with $2.2 billion, and Bar Harbor Bank & Trust ranks 227 with $2.0 billion. The measure provides scale context across reporting banks, but it does not indicate approval probability, local property exposure, loan pricing, or the suitability of a bank for a particular transaction.
Which Maine headquartered banks reported declining CRE balances?
Machias Savings Bank reported a -0.3% year over year change in total CRE loans, with a balance of $1.2 billion. First National Bank reported -3.0% and $986.7 million, while Skowhegan Savings Bank reported -4.8% and $178.4 million. Aroostook County Federal Savings and Loan Association reported -14.1% and $678,000. A declining balance shows that the reported CRE portfolio was smaller than a year earlier. It does not explain the cause or establish whether the institution is accepting, rejecting, expanding, or narrowing particular types of new loan requests.
What interest rate benchmarks matter when comparing CRE financing?
Common reference points as of Oct 26, 2026 include a Prime rate of 7.00%, SOFR of 3.89%, a 5 year Treasury rate of 4.78%, a 10 year Treasury rate of 4.96%, and a Fed funds rate of 3.88%. These benchmarks provide market context, but the FDIC ranking does not report bank loan pricing, spreads, fees, fixed rate periods, or other terms. Borrowers should request current proposals directly from potential lenders and compare the complete economics and structure of each option rather than assuming that a large CRE portfolio determines pricing.
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BestCRE rankings are editorially independent and built only from public regulatory filings; no bank pays for placement. Call report figures describe loans held on each bank’s balance sheet and do not show loan terms, rates or current appetite. BestCRE is not a lender and does not make loans. Benchmark rates are informational, not quotes. See our Legal Disclaimer and Compensation Disclosure.