Bath Savings Institution in Bath, Maine (ME)
Overview, Financial Summary, Detailed Financial Reports, Branches


Bath Savings Institution - Overview

  • General
  • FDIC Certificate #: 17749
    Status: Active
    Federal Reserve ID: 433505
    Date Established: April 19, 1852
    WWW: http://www.bathsavings.com
    Trust Powers Granted: Yes
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 11 (Domestic: 10, Interstate: No)
    OTS Docket #: 10960
    FDIC's unique #: 11704
    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: April 18, 1957
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 105 Front Street, Bath, ME 4530
    County: Sagadahoc
    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
    Combined Statistical Area (CSA): Portland-Lewiston-South Portland, ME (#438)
    Core Based Statistical Area (CBSA): Portland-South Portland-Biddeford, ME (#38860)
    CBSA Metro Statistical Area: Portland-South Portland-Biddeford, ME (#38860)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $636.7 mil
    Equity capital: $68.0 mil
    Deposits held in domestic offices: $486.8 mil
    Return on assets (ROA): 0.97% ($6.2 mil)
    Quarterly return on assets: 1.18% ($7.5 mil)
    Return on Equity (ROE): 9.35% ($6.4 mil)
    Quarterly return on equity: 11.08% ($7.5 mil)
    Net income: $6.0 mil
    Quarterly Net income: $1.9 mil
    Pretax return on assets: 1.30% ($8,277.7 mil)
    Quarterly Pretax return on assets: 1.58% ($10,060.6 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
  • 151Total employees (full-time equivalent)
  • $636,748Total assets
  • $52,806Cash and due from depository institutions
  • $44,934Interest-bearing balances
  • $173,488Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $386,139Net loans & leases
  • $5,850Loan loss allowance
  • $0Trading account assets
  • $11,427Bank premises and fixed assets
  • $558Other real estate owned
  • $1,535Goodwill and other intangibles
  • $636,748Life insurance assets
  • $10,795All other assets
  • $568,721Total liabilities and capital
  • $486,825Total liabilities
  • $416,606Total deposits
  • $486,825Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 7143.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $69,406Trading liabilities
  • $0Other borrowed funds
  • $5,347Subordinated debt
  • $68,027All other liabilities
  • $68,027Total equity capital
  • $68,027Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $4,979Surplus
  • $63,048Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,897Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,733Income earned, not collected on loans
  • $908Earning assets
  • $2,603Long-term assets (5+ years)
  • $604,561Average Assets, year-to-date
  • $94,612Average Assets, quarterly
  • $614,382Volatile liabilities
  • $632,104Insider loans
  • $390,020FHLB advances
  • $631,144Loans and leases held for sale
  • $966Unused loan commitments
  • $966Tier 1 (core) risk-based capital
  • $63,441Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $71,508Restructured Loans and leases
  • $6,332Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $24,423Total interest income
  • $5,247Total interest expense
  • $19,176Net interest income
  • $679Provision for loan and lease losses
  • $5,236Total noninterest income
  • $2,145Fiduciary activities
  • $518Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,573Additional noninterest income
  • $15,890Total noninterest expense
  • $8,788Salaries and employee benefits
  • $2,939Premises and equipment expense
  • $4,163Additional noninterest expense
  • $7,843Pre-tax net operating income
  • $171Securities gains (losses)
  • $2,053Applicable income taxes
  • $5,961Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,961Net income attributable to bank
  • $0Net charge-offs
  • $5,961Cash dividends
  • $664Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.19%Yield on earning assets
  • 0.90%Cost of funding earning assets
  • 3.29%Net interest margin
  • 0.90%Noninterest income to earning assets
  • 2.73%Noninterest expense to earning assets
  • 0.95%Net operating income to assets
  • 0.97%Return on assets (ROA)
  • 1.30%Pretax return on assets
  • 9.35%Return on equity (ROE)
  • 9.35%Retained earnings to average equity (YTD only)
  • 0.17%Net charge-offs to loans
  • 102.26%Credit loss provision to net charge-offs
  • 12.83%Efficiency ratio
  • 65,091Assets per employee
  • 4.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.49%Loss allowance to noncurrent loans
  • 102.04%Noncurrent assets plus other real estate owned to assets
  • 0.99%Noncurrent loans to loans
  • 1.46%Net loans and leases to deposits
  • 79.32%Net loans and leases to core deposits
  • 93.05%Equity capital to assets
  • 10.68%Core capital (leverage) ratio
  • 10.05%Tier 1 risk-based capital ratio
  • 16.27%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $614,382Average earning assets
  • $63,725Average equity
  • $583,001Average 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
  • $332,067Managed Assets
  • 1Number of Accounts
  • $295,491Personal trust and agency accounts
  • $79,246Employee benefit-defined contribution accounts
  • $20,687Employee benefit-defined benefit accounts
  • $776Other retirement accounts
  • $45,163Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $149,619Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 973Number of Accounts
  • $0Personal trust and agency accounts
  • $45,163Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $36,576Other retirement accounts
  • $17,172Corporate trust and agency accounts
  • $323Other fiduciary accounts
  • $2,485Fiduciary accounts held in foreign offices

List of branches

  • 11 Maine Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011704Bath Savings Institution105 Front Street, Bath, ME 4530April 19, 1852Full Service Brick and Mortar
    1242671Damariscotta Branch8 Church Street, Damariscotta, ME 4543January 06, 1969Full Service Brick and Mortar
    2242672Brunswick Branch3 Pleasant Street, Brunswick, ME 4011June 01, 1987Full Service Brick and Mortar
    3242673Falmouth Branch239 U.S. Route One, Falmouth, ME 4105September 20, 1993Full Service Brick and Mortar
    4242674Freeport Branch189 Lower Main Street, Freeport, ME 4032May 16, 1994Full Service Brick and Mortar
    5242675Oceanview Retirement Com. Branch52 Falmouth Road, Falmouth, ME 4105December 08, 1995Limited Service Mobile
    7242677Yarmouth Branch424 U.S. Route One, Yarmouth, ME 4096November 18, 1996Full Service Brick and Mortar
    8242678Highlands Retire. Community Branch26 Elm Street, Topsham, ME 4086October 29, 1997Limited Service Mobile
    9242679Boothbay Harbor1 Todd Ave, Boothbay Harbor, ME 4538June 21, 1999Full Service Brick and Mortar
    10428157Portland Branch46 Auburn Street, Portland, ME 4103May 10, 2004Full Service Brick and Mortar
    11529277South Portland Branch225 Ocean Street, South Portland, ME 4106Febuary 27, 2012Full Service Brick and Mortar

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