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


Bangor Savings Bank - Overview

  • General
  • FDIC Certificate #: 18408
    Status: Active
    Federal Reserve ID: 419406
    Bank Holding Company (Regulatory Top Holder): Bangor Bancorp, Mhc (RSSDID: 3547999, Location: Bangor, ME)
    Date Established: Febuary 14, 1852
    WWW: http://www.bangor.com
    Trust Powers Granted: Yes
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 58 (Domestic: 58, Interstate: No)
    OTS Docket #: 7107
    FDIC's unique #: 12314
    Numeric code: 42
    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: July 01, 1961
    Last Structure Change Effective Date: December 01, 2008
    Last Structure Change Process Date: December 02, 2008
    Last Data Update: December 02, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 3 State Street, Bangor, ME 4401
    County: Penobscot
    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): Bangor, ME (#730)
    Core Based Statistical Area (CBSA): Bangor, ME (#12620)
    CBSA Metro Statistical Area: Bangor, ME (#12620)
  • Financial Summary
  • Total assets: $2,556.3 mil
    Equity capital: $285.8 mil
    Deposits held in domestic offices: $1,940.3 mil
    Return on assets (ROA): 0.73% ($18.7 mil)
    Quarterly return on assets: 0.76% ($19.4 mil)
    Return on Equity (ROE): 6.69% ($19.1 mil)
    Quarterly return on equity: 6.86% ($19.6 mil)
    Net income: $18.4 mil
    Quarterly Net income: $4.9 mil
    Pretax return on assets: 1.06% ($27,096.3 mil)
    Quarterly Pretax return on assets: 1.12% ($28,630.1 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
  • 645Total employees (full-time equivalent)
  • $2,556,255Total assets
  • $42,875Cash and due from depository institutions
  • $2,186Interest-bearing balances
  • $622,347Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,709,509Net loans & leases
  • $27,404Loan loss allowance
  • $4,326Trading account assets
  • $45,318Bank premises and fixed assets
  • $686Other real estate owned
  • $32,116Goodwill and other intangibles
  • $2,556,255Life insurance assets
  • $99,078All other assets
  • $2,270,467Total liabilities and capital
  • $1,940,298Total liabilities
  • $1,775,292Total deposits
  • $1,940,298Interest-bearing deposits
  • $74Deposits held in domestic offices
  • 237689.00%% insured (estimated)
  • $4,011Federal funds purchased & repurchase agreements
  • $67,414Trading liabilities
  • $0Other borrowed funds
  • $21,055Subordinated debt
  • $285,788All other liabilities
  • $285,788Total equity capital
  • $285,788Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $0Surplus
  • $285,787Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $4,947Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $15,062Income earned, not collected on loans
  • $0Earning assets
  • $7,224Long-term assets (5+ years)
  • $2,334,042Average Assets, year-to-date
  • $1,086,975Average Assets, quarterly
  • $2,503,900Volatile liabilities
  • $2,546,347Insider loans
  • $1,716,396FHLB advances
  • $2,500,735Loans and leases held for sale
  • $56,501Unused loan commitments
  • $33,253Tier 1 (core) risk-based capital
  • $246,350Tier 2 risk-based capital
  • $18,153Total risk weighted assets
  • $5,095Total unused commitments
  • $527,578Restructured Loans and leases
  • $48,625Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $106,264Total interest income
  • $22,332Total interest expense
  • $83,932Net interest income
  • $4,450Provision for loan and lease losses
  • $28,674Total noninterest income
  • $3,347Fiduciary activities
  • $8,119Service charges on deposit accounts
  • $20Trading account gains & fees
  • $17,188Additional noninterest income
  • $82,273Total noninterest expense
  • $47,648Salaries and employee benefits
  • $10,514Premises and equipment expense
  • $24,111Additional noninterest expense
  • $25,883Pre-tax net operating income
  • $552Securities gains (losses)
  • $8,055Applicable income taxes
  • $18,380Income before extraordinary items
  • $0Extraordinary gains - net
  • $18,380Net income attributable to bank
  • $0Net charge-offs
  • $18,380Cash dividends
  • $3,189Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.65%Yield on earning assets
  • 0.98%Cost of funding earning assets
  • 3.67%Net interest margin
  • 1.25%Noninterest income to earning assets
  • 3.60%Noninterest expense to earning assets
  • 0.72%Net operating income to assets
  • 0.73%Return on assets (ROA)
  • 1.06%Pretax return on assets
  • 6.69%Return on equity (ROE)
  • 6.69%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 139.54%Credit loss provision to net charge-offs
  • 9.51%Efficiency ratio
  • 72,769Assets per employee
  • 3.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.58%Loss allowance to noncurrent loans
  • 181.94%Noncurrent assets plus other real estate owned to assets
  • 0.62%Noncurrent loans to loans
  • 0.87%Net loans and leases to deposits
  • 88.11%Net loans and leases to core deposits
  • 96.52%Equity capital to assets
  • 11.18%Core capital (leverage) ratio
  • 9.85%Tier 1 risk-based capital ratio
  • 14.35%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $2,503,900Average earning assets
  • $274,559Average equity
  • $2,287,297Average 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
  • $1,334,244Managed Assets
  • 1Number of Accounts
  • $1,184,581Personal trust and agency accounts
  • $200,488Employee benefit-defined contribution accounts
  • $1,044Employee benefit-defined benefit accounts
  • $7,811Other retirement accounts
  • $52,385Corporate trust and agency accounts
  • $69,703Investment management agency accounts
  • $843,679Other fiduciary accounts
  • $8,660Fiduciary accounts held in foreign offices
  • $811Non-managed Assets
  • 761Number of Accounts
  • $0Personal trust and agency accounts
  • $52,385Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $149,663Other retirement accounts
  • $87,584Corporate trust and agency accounts
  • $60,741Other fiduciary accounts
  • $817Fiduciary accounts held in foreign offices

List of branches

  • 58 Maine Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012314Bangor Savings Bank3 State Street, Bangor, ME 4401Febuary 14, 1852Full Service Brick and Mortar
    1245304Bangor Branch652 Broadway, Bangor, ME 4401November 20, 1961Full Service Brick and Mortar
    2245305Belfast Branch7 Belmont Ave, Belfast, ME 4915July 02, 1964Full Service Brick and Mortar
    3245306Ellsworth Branch59 Foster Street, Ellsworth, ME 4605May 28, 1975Full Service Brick and Mortar
    412316Dover-Foxcroft Branch160 East Main Street, Dover-Foxcroft, ME 4426January 01, 1869Full Service Brick and Mortar
    5245341Millinocket Branch96 Central Street, Millinocket, ME 4462July 01, 1961Full Service Brick and Mortar
    6245342Greenville Branch31 Lily Bay Road, Greenville, ME 4441August 18, 1975Full Service Brick and Mortar
    77652Eastport Branch54 Washington Street, Eastport, ME 4631January 01, 1869Full Service Brick and Mortar
    8245307Orono Branch110 Park Street, Orono, ME 4473April 18, 1978Full Service Brick and Mortar
    9245308Hogan Road Branch687 Hogan Road, Bangor, ME 4401October 02, 1978Full Service Brick and Mortar
    10245309Brewer Branch425 Wilson Street, Brewer, ME 4412September 10, 1979Full Service Brick and Mortar
    119573Houlton Branch38 Court Street, Houlton, ME 4730January 01, 1872Full Service Brick and Mortar
    12245310Bangor Branch871 Hammond Street, Bangor, ME 4402November 06, 1989Full Service Brick and Mortar
    13245311Clifford Commons Unity BranchBangor Road, Unity, ME 4988July 23, 1996Full Service Brick and Mortar
    15180712Calais Branch232 North Street, Calais, ME 4619June 30, 1945Full Service Brick and Mortar
    17180718Jonesport Branch175 Main Street, Jonesport, ME 4649November 20, 1933Full Service Brick and Mortar
    19229255Skowhegan Branch113 Madison Avenue, Skowhegan, ME 4976December 22, 1961Full Service Brick and Mortar
    21229258Winslow Branch6 China Road, Winslow, ME 4901January 22, 1962Full Service Brick and Mortar
    22229259Madison Branch56 Main Street, Madison, ME 4950November 23, 1970Full Service Brick and Mortar
    24248807Machias Branch1 Center Street, Machias, ME 4654January 01, 1900Full Service Brick and Mortar
    252793Farmington Branch177 Main Street, Farmington, ME 4938June 01, 1901Full Service Brick and Mortar
    26202462Farmington Mt. Blue Branch644 Wilton Road, Farmington, ME 4938Febuary 20, 1973Full Service Brick and Mortar
    28229267Howland Branch22 Main Street, Howland, ME 4448December 27, 1940Full Service Brick and Mortar
    29229268Lincoln Branch4 Prospect Avenue, Lincoln, ME 4457September 30, 1980Full Service Brick and Mortar
    31245170East Millinocket Branch87 Main Street, East Millinocket, ME 4430January 01, 1928Full Service Brick and Mortar
    32202429Monmouth Branch787 Main Street, Monmouth, ME 4259July 21, 1975Full Service Brick and Mortar
    33202549Rumford Branch118 Congress Street, Rumford, ME 4276August 05, 1968Full Service Brick and Mortar
    34202551Dixfield Branch28 Main Street, Dixfield, ME 4224August 05, 1968Full Service Brick and Mortar
    35202499Hartland BranchWarren Square, Hartland, ME 4943November 28, 1956Full Service Brick and Mortar
    362798Cornish Branch180 Maple Street, Cornish, ME 4020August 08, 1910Full Service Brick and Mortar
    38180711Bucksport Branch89 Main Street, Bucksport, ME 4416November 20, 1933Full Service Brick and Mortar
    39180713Castine Branch213 Battle Avenue, Castine, ME 4421Febuary 01, 1965Full Service Brick and Mortar
    40180714Dexter Branch22 Main Street, Dexter, ME 4930November 20, 1933Full Service Brick and Mortar
    41180723Searsport Branch17 Main Street, Searsport, ME 4974November 20, 1933Full Service Brick and Mortar
    42245312Pittsfield Branch108 Somerset Plaza, Pittsfield, ME 4967December 21, 1998Full Service Brick and Mortar
    43245313Old Town Branch564 Stillwater Avenue, Old Town, ME 4468January 11, 1999Full Service Brick and Mortar
    44356851Camden/Rockport5 Commercial Street, Rockport, ME 4856July 03, 2000Full Service Brick and Mortar
    45362005Maine Avenue Branch19 Maine Avenue, Bangor, ME 4401March 06, 2001Limited Service Facility
    46362006Portland-Fore Street Branch280 Fore Street, Portland, ME 4101August 31, 2000Full Service Brick and Mortar
    47364967Bangor Branch99 Franklin Street, Bangor, ME 4401April 17, 2002Full Service Brick and Mortar
    48366336Main Street Waterville Branch366 Main Street, Waterville, ME 4901Febuary 10, 2003Full Service Brick and Mortar
    49418494Hampden Branch19 Main Road North, Hampden, ME 4444March 17, 2003Full Service Brick and Mortar
    50418495Capitol Street Branch77 Capitol Street, Augusta, ME 4330March 10, 2003Full Service Brick and Mortar
    52458332South Portland Branch180 Waterman Drive, South Portland, ME 4106January 22, 2007Full Service Brick and Mortar
    53458333Scarborough Branch241 Us Route 1, Scarborough, ME 4074January 29, 2007Full Service Brick and Mortar
    54458841Brighton Avenue Portland Branch1048 Brighton Avenue, Portland, ME 4102Febuary 05, 2007Full Service Brick and Mortar
    558150Pepperell Bank & Trust Branch163 Main Street, Biddeford, ME 4005May 15, 1907Full Service Brick and Mortar
    56228067Drive-In FacilityWashington And Jefferson Streets, Biddeford, ME 4005October 22, 1980Limited Service Facility
    57228068Saco Branch270 Main Street, Saco, ME 4072May 18, 1998Full Service Brick and Mortar
    58359534Hollis Center Branch366 Hollis Road, Hollis Center, ME 4042Febuary 07, 2001Full Service Brick and Mortar
    59428629York Branch2 Moulton Lane, York, ME 3909April 01, 2004Full Service Brick and Mortar
    60489976Main Street Belfast Branch106 Main Street, Belfast, ME 4915April 06, 2009Full Service Brick and Mortar
    61491872Rockland Branch73 Camden Street, Rockland, ME 4841June 29, 2009Full Service Brick and Mortar
    62501287Lisbon Street Branch882 Lisbon Street, Lewiston, ME 4240January 25, 2010Full Service Brick and Mortar
    63510413Middle Street Portland Branch180 Middle Street, Portland, ME 4101July 12, 2010Full Service Brick and Mortar
    64510414Forest Avenue Portland Branch883 Forest Avenue, Portland, ME 4101July 12, 2010Full Service Brick and Mortar
    65517246Allen Avenue Portland Branch320 Allen Avenue, Portland, ME 4103January 10, 2011Full Service Brick and Mortar
    66518659Falmouth Branch215 U.S. Route 1, Falmouth, ME 4105April 11, 2011Full Service Brick and Mortar

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