Border Trust Company in Augusta, Maine (ME)
Overview, Financial Summary, Detailed Financial Reports, Branches


Border Trust Company - Overview

  • General
  • FDIC Certificate #: 20012
    Status: Active
    Federal Reserve ID: 249304
    Bank Holding Company (Regulatory Top Holder): Border Bancshares, Inc. (RSSDID: 1140181, Location: Augusta, ME)
    Date Established: June 23, 1969
    WWW: http://www.bordertrust.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 13744
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: 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: August 14, 1969
    Last Structure Change Effective Date: January 16, 2007
    Last Structure Change Process Date: April 06, 2007
    Last Data Update: April 06, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 227 Water Street, Augusta, ME 4330
    County: Kennebec
    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
    Core Based Statistical Area (CBSA): Augusta-Waterville, ME (#12300)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $48.2 mil
    Equity capital: $2.1 mil
    Deposits held in domestic offices: $44.6 mil
    Return on assets (ROA): -2.20% (-$1.1 mil)
    Quarterly return on assets: -3.23% (-$1.6 mil)
    Return on Equity (ROE): -45.81% (-$0.9 mil)
    Quarterly return on equity: -72.09% (-$1.4 mil)
    Net income: -$1.2 mil
    Quarterly Net income: -$0.4 mil
    Pretax return on assets: -2.23% (-$1,074.1 mil)
    Quarterly Pretax return on assets: -3.04% (-$1,464.2 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
  • 22Total employees (full-time equivalent)
  • $48,166Total assets
  • $3,348Cash and due from depository institutions
  • $1,938Interest-bearing balances
  • $3,751Securities
  • $604Federal funds sold & reverse repurchase agreements
  • $37,338Net loans & leases
  • $262Loan loss allowance
  • $0Trading account assets
  • $802Bank premises and fixed assets
  • $880Other real estate owned
  • $0Goodwill and other intangibles
  • $48,166Life insurance assets
  • $1,443All other assets
  • $46,024Total liabilities and capital
  • $44,587Total liabilities
  • $38,703Total deposits
  • $44,587Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $981Trading liabilities
  • $0Other borrowed funds
  • $456Subordinated debt
  • $2,142All other liabilities
  • $2,142Total equity capital
  • $2,142Total bank equity capital
  • $0Perpetual preferred stock
  • $257Common stock
  • $5,001Surplus
  • $-3,116Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,204Income earned, not collected on loans
  • $0Earning assets
  • $130Long-term assets (5+ years)
  • $43,631Average Assets, year-to-date
  • $23,527Average Assets, quarterly
  • $53,762Volatile liabilities
  • $49,962Insider loans
  • $29,793FHLB advances
  • $50,130Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,130Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,218Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,332Total interest income
  • $456Total interest expense
  • $1,876Net interest income
  • $117Provision for loan and lease losses
  • $88Total noninterest income
  • $0Fiduciary activities
  • $147Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$59Additional noninterest income
  • $3,171Total noninterest expense
  • $1,377Salaries and employee benefits
  • $522Premises and equipment expense
  • $1,272Additional noninterest expense
  • -$1,324Pre-tax net operating income
  • $125Securities gains (losses)
  • -$15Applicable income taxes
  • -$1,184Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,184Net income attributable to bank
  • $0Net charge-offs
  • -$1,184Cash dividends
  • $329Sale, conversion, retirement of capital stock, net
  • $30Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.72%Yield on earning assets
  • 0.92%Cost of funding earning assets
  • 3.80%Net interest margin
  • 0.18%Noninterest income to earning assets
  • 6.42%Noninterest expense to earning assets
  • -2.43%Net operating income to assets
  • -2.20%Return on assets (ROA)
  • -2.23%Pretax return on assets
  • -45.81%Return on equity (ROE)
  • -46.97%Retained earnings to average equity (YTD only)
  • 0.85%Net charge-offs to loans
  • 35.56%Credit loss provision to net charge-offs
  • -3.67%Efficiency ratio
  • 161,456Assets per employee
  • 2.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -2.53%Loss allowance to loans
  • 0.70%Loss allowance to noncurrent loans
  • 21.76%Noncurrent assets plus other real estate owned to assets
  • 4.33%Noncurrent loans to loans
  • 3.20%Net loans and leases to deposits
  • 83.74%Net loans and leases to core deposits
  • 84.85%Equity capital to assets
  • 4.45%Core capital (leverage) ratio
  • 4.25%Tier 1 risk-based capital ratio
  • 7.15%Total risk-based capital ratio
  • Memoranda
  • $8Average assets
  • $53,762Average earning assets
  • $2,585Average equity
  • $49,403Average loans

List of branches

  • 3 Maine Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013744Border Trust Company227 Water Street, Augusta, ME 4330June 23, 1969Full Service Brick and Mortar
    6361032Topsham Branch2 Main Street, Topsham, ME 4086December 11, 2000Full Service Brick and Mortar
    7463066South China Branch368 Route 3, South China, ME 4358January 16, 2007Full Service Brick and Mortar

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