HOULTON, Maine, April 27, 2015 /PRNewswire/ -- Katahdin Bankshares Corp. (OTCQX:KTHN), parent company of Katahdin Trust Company, announced that on April 27, 2015 it redeemed Preferred Series C shares totaling $11 million. The Preferred Series C shares were issued as part of the Small Business Lending Fund (SBLF) which was created as part of the Small Business Jobs Act of 2010.
Katahdin Bankshares Corp. stock is quoted on the OTC Markets quote board OTCQX under the symbol KTHN. Current stock information can be found at www.otcmarkets.com/stock/KTHN/quote. Katahdin Trust Company, established in 1918, with over $665 million in assets provides banking services to individuals and businesses from 19 offices throughout Maine and online at www.katahdintrust.com.
SOURCE Katahdin Bankshares Corp.