EX-21 13 b45642bgexv21.txt EX-21 SUBSIDIARIES EXHIBIT 21 Information relating to certain of the subsidiaries of Banknorth Group, Inc. as of December 31, 2002 is set forth below. All of the indicated subsidiaries are directly or indirectly wholly-owned by Banknorth Group, Inc., except as indicated below. Direct Subsidiaries:
Jurisdiction of Incorporation ----------------------------- Name ---- Banknorth, NA United States Peoples Heritage Capital Trust I Delaware Banknorth Capital Trust I Delaware Banknorth Capital Trust II Delaware Ipswich Statutory Trust I Connecticut Northgroup Captive Insurance, Inc. Vermont Northgroup Realty, Inc. Vermont
Indirect Subsidiaries:
Jurisdiction of Incorporation ----------------------------- Name ---- Bancnorth Investment Planning Group, Inc. (1)(2) Maine Banknorth Leasing Corp. (1) Maine Banknorth Insurance Group, Inc. (1)(3) Maine Northgroup (FM) Investment Company (1)(4) Maine
--------------------- (1) Subsidiary of Banknorth, NA. (2) Holds as a subsidiary Bancnorth Investment and Insurance Agency, Inc., a Massachusetts corporation. (3) Holds as subsidiaries Morse, Payson & Noyes Insurance, a Maine corporation, Catalano Insurance Agency, Inc., a Massachusetts corporation, and Arthur A. Watson & Co., Inc., a Connecticut corporation. (4) Owns 100% of the common securities of Northgroup Preferred Capital Corp., a Maine corporation which has qualified as a real estate investment trust under the Internal Revenue code. Banknorth, NA owns 87% of the preferred securities of Northgroup Preferred Capital Corp.