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Home > Company Index > Banking > Banking - Northeast > Bar Harbor Bankshares

Bar Harbor Bankshares
AMEX: BHB
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 PROFILE
Bar Harbor Bankshares is a Maine-stay for communities in the Pine Tree State's Hancock and Washington counties. Through subsidiary Bar Harbor Banking and Trust's 10 branches, the company offers such deposit products as checking, savings, and money market accounts, NOW accounts, IRAs, and CDs. Real estate mortgages account for about 75% of the bank's loan portfolio; it also makes consumer, commercial, and construction loans. Much of its lending is focused on the tourist industry associated with nearby Acadia National Park. Subsidiary BTI Financial Group offers trust and estate planning and discount brokerage services.

 COMPETITION
Banknorth Group, Inc. (BKNG)
Camden National Corporation (CAC)
FleetBoston Financial Corporation (FBF)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 42.40
1-Yr. Sales Growth: 12.2%
Employees: 180
Revenue per employee: $235,555.56

 KEY PEOPLE
• Dean S. Read
    CEO
• Gerald Shencavitz
    CFO

 CONTACT INFO
82 Main St.
Bar Harbor, ME 04609
US
Phone: 207-288-3314
Fax: 207-288-4560
Online: Web Site

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