Androscoggin Savings Bank in Lewiston, Maine (ME)
Overview, Financial Summary, Detailed Financial Reports, Branches


Androscoggin Savings Bank - Overview

  • General
  • FDIC Certificate #: 17751
    Status: Active
    Federal Reserve ID: 132107
    Bank Holding Company (Regulatory Top Holder): Androscoggin Bancorp, Mhc (RSSDID: 2710796, Location: Lewiston, ME)
    Date Established: January 01, 1870
    WWW: http://www.androscogginbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 13 (Domestic: 13, Interstate: No)
    OTS Docket #: 7669
    FDIC's unique #: 11706
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: April 25, 1957
    Last Structure Change Effective Date: July 01, 2008
    Last Structure Change Process Date: July 01, 2008
    Last Data Update: July 01, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 30 Lisbon Street, Lewiston, ME 4240
    County: Androscoggin
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Concord
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Lewiston-Auburn, ME (#4240)
    Combined Statistical Area (CSA): Portland-Lewiston-South Portland, ME (#438)
    Core Based Statistical Area (CBSA): Lewiston-Auburn, ME (#30340)
    CBSA Metro Statistical Area: Lewiston-Auburn, ME (#30340)
  • Financial Summary
  • Total assets: $707.2 mil
    Equity capital: $74.9 mil
    Deposits held in domestic offices: $506.9 mil
    Return on assets (ROA): 0.55% ($3.9 mil)
    Quarterly return on assets: 0.64% ($4.5 mil)
    Return on Equity (ROE): 5.22% ($3.9 mil)
    Quarterly return on equity: 6.07% ($4.6 mil)
    Net income: $3.9 mil
    Quarterly Net income: $1.1 mil
    Pretax return on assets: 0.70% ($4,950.2 mil)
    Quarterly Pretax return on assets: 0.84% ($5,940.3 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 157Total employees (full-time equivalent)
  • $707,174Total assets
  • $14,771Cash and due from depository institutions
  • $1Interest-bearing balances
  • $79,502Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $554,624Net loans & leases
  • $5,721Loan loss allowance
  • $0Trading account assets
  • $9,040Bank premises and fixed assets
  • $1,111Other real estate owned
  • $13,512Goodwill and other intangibles
  • $707,174Life insurance assets
  • $34,614All other assets
  • $632,233Total liabilities and capital
  • $506,859Total liabilities
  • $427,505Total deposits
  • $506,859Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $110,758Trading liabilities
  • $0Other borrowed funds
  • $14,616Subordinated debt
  • $74,941All other liabilities
  • $74,941Total equity capital
  • $74,941Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $27,100Surplus
  • $47,841Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $384Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $13,675Income earned, not collected on loans
  • $0Earning assets
  • $2,568Long-term assets (5+ years)
  • $634,127Average Assets, year-to-date
  • $315,012Average Assets, quarterly
  • $702,525Volatile liabilities
  • $707,273Insider loans
  • $571,868FHLB advances
  • $691,696Loans and leases held for sale
  • $16,274Unused loan commitments
  • $14,971Tier 1 (core) risk-based capital
  • $65,166Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,303Total unused commitments
  • $130,122Restructured Loans and leases
  • $3,646Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $31,802Total interest income
  • $7,535Total interest expense
  • $24,267Net interest income
  • $3,038Provision for loan and lease losses
  • $7,196Total noninterest income
  • $1,343Fiduciary activities
  • $1,103Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,750Additional noninterest income
  • $23,494Total noninterest expense
  • $14,831Salaries and employee benefits
  • $2,567Premises and equipment expense
  • $6,096Additional noninterest expense
  • $4,931Pre-tax net operating income
  • $19Securities gains (losses)
  • $1,096Applicable income taxes
  • $3,854Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,854Net income attributable to bank
  • $0Net charge-offs
  • $3,854Cash dividends
  • $2,441Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.08%Yield on earning assets
  • 1.20%Cost of funding earning assets
  • 3.87%Net interest margin
  • 1.15%Noninterest income to earning assets
  • 3.75%Noninterest expense to earning assets
  • 0.55%Net operating income to assets
  • 0.55%Return on assets (ROA)
  • 0.70%Pretax return on assets
  • 5.22%Return on equity (ROE)
  • 5.22%Retained earnings to average equity (YTD only)
  • 0.44%Net charge-offs to loans
  • 124.46%Credit loss provision to net charge-offs
  • 3.26%Efficiency ratio
  • 72,940Assets per employee
  • 4.50%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.02%Loss allowance to noncurrent loans
  • 41.84%Noncurrent assets plus other real estate owned to assets
  • 2.09%Noncurrent loans to loans
  • 2.44%Net loans and leases to deposits
  • 109.42%Net loans and leases to core deposits
  • 141.23%Equity capital to assets
  • 10.60%Core capital (leverage) ratio
  • 9.42%Tier 1 risk-based capital ratio
  • 11.40%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $702,525Average earning assets
  • $73,899Average equity
  • $626,596Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $206,110Managed Assets
  • 1Number of Accounts
  • $190,553Personal trust and agency accounts
  • $44,299Employee benefit-defined contribution accounts
  • $969Employee benefit-defined benefit accounts
  • $1,945Other retirement accounts
  • $7,301Corporate trust and agency accounts
  • $1,848Investment management agency accounts
  • $134,191Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 484Number of Accounts
  • $0Personal trust and agency accounts
  • $7,301Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $15,557Other retirement accounts
  • $1,492Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 13 Maine Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011706Androscoggin Savings Bank30 Lisbon Street, Lewiston, ME 4240January 01, 1870Full Service Brick and Mortar
    1242686Turner Street Branch649 Turner Street, Auburn, ME 4210November 10, 1965Full Service Brick and Mortar
    2242687Sabattus Street Branch505 Sabattus Street, Lewiston, ME 4240April 15, 1971Full Service Brick and Mortar
    3242688Minot Avenue Branch683 Minot Avenue, Auburn, ME 4210October 14, 1972Full Service Brick and Mortar
    4242689Brunswick Branch208 1/2 Maine Street, Brunswick, ME 4011July 01, 1974Full Service Brick and Mortar
    8229421South Paris Branch170 Main Street, South Paris, ME 4281June 28, 1966Full Service Brick and Mortar
    9242693Lisbon Falls Branch580 Lisbon Road, Lisbon Falls, ME 4252August 16, 1996Full Service Brick and Mortar
    10242694Gray Branch24 Portland Road, Gray, ME 4039May 18, 1998Full Service Brick and Mortar
    118069Livermore Falls Branch38 Main Street, Livermore Falls, ME 4254March 25, 1895Full Service Brick and Mortar
    12227820Jay Branch6 Androscoggin Lane, Jay, ME 4239Febuary 25, 1967Full Service Brick and Mortar
    13227823Turner Branch207 Auburn Rd Route 4, Turner, ME 4282December 31, 1990Full Service Brick and Mortar
    14242695Brunswick Branch242 Bath Road, Brunswick, ME 4011April 12, 1999Full Service Brick and Mortar
    17510748Portland Branch130 Middle Street, Portland, ME 4101October 26, 2009Full Service Brick and Mortar

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