From the community

Porter promoted to VP, controller at Katahdin Trust

Posted March 24, 2014, at 11:14 a.m.
Joseph Porter
Katahdin Trust Company
Joseph Porter

HOULTON, Maine — Katahdin Trust Company Senior Vice President and CFO Matt Nightingale has announced the promotion of Joseph M. Porter to vice president.

“It is a pleasure to promote Joe to this position,” said Nightingale. “His years of experience in the accounting field have been a tremendous asset to our organization and his dedication to Katahdin Trust makes him well deserving of this promotion.”

Porter joined Katahdin Trust Company as the bank’s accountant in February 2005 with nearly ten years of experience in the accounting field.  He was promoted to Controller in 2006 and in 2009 promoted to Assistant Vice President.  In his new position, he will continue to be responsible for the preparation and analysis of various financial statements and management and regulatory reporting, while overseeing the accounting function and other duties.

An Island Falls native, Porter attained his B.S. in Accounting from the University of Maine at Presque Isle.  He currently serves on the Board of Directors for Houlton Area Little League and volunteers as a coach for the Aroostook Youth Basketball League in the Houlton area.  Porter is a member of IAABO Board #150, as a basketball official serving Aroostook County.  Porter and his wife Misty reside in Houlton with their two sons, Payton and Nolan.

Katahdin Trust Company, established in 1918 with nearly $650 million in assets, provides banking services to individuals and businesses from eighteen offices throughout Maine and online at katahdintrust.com. Katahdin Trust has also been recognized for seven consecutive years as one of the Top 200 Community Banks in the country by American Banker magazine. Stock is quoted on the OTC Markets quote board OTCQB under the symbol KTHN. Current stock information can be found at otcmarkets.com.

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