Claremont Savings Bank in Claremont, New Hampshire (NH)
Overview, Financial Summary, Detailed Financial Reports, Branches

Claremont Savings Bank - Overview

  • General
  • FDIC Certificate #: 18038
    Status: Active
    Federal Reserve ID: 47500
    Date Established: April 15, 1907
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 7619
    FDIC's unique #: 11965
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: July 02, 1959
    Last Structure Change Effective Date: September 26, 2007
    Last Structure Change Process Date: September 26, 2007
    Last Data Update: September 26, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 145 Broad Street, Claremont, NH 3743
    County: Sullivan
    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): Claremont-Lebanon, NH-VT (#180)
    Core Based Statistical Area (CBSA): Claremont, NH (#17200)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $320.2 mil
    Equity capital: $44.9 mil
    Deposits held in domestic offices: $259.6 mil
    Return on assets (ROA): 0.04% ($0.1 mil)
    Quarterly return on assets: -1.56% (-$5.0 mil)
    Return on Equity (ROE): 0.29% ($0.1 mil)
    Quarterly return on equity: -11.11% (-$5.0 mil)
    Net income: $0.1 mil
    Quarterly Net income: -$1.3 mil
    Pretax return on assets: 0.28% ($896.6 mil)
    Quarterly Pretax return on assets: -1.43% (-$4,579.0 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
  • 100Total employees (full-time equivalent)
  • $320,209Total assets
  • $9,227Cash and due from depository institutions
  • $6,530Interest-bearing balances
  • $33,004Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $257,463Net loans & leases
  • $3,000Loan loss allowance
  • $0Trading account assets
  • $11,374Bank premises and fixed assets
  • $3,700Other real estate owned
  • $165Goodwill and other intangibles
  • $320,209Life insurance assets
  • $5,276All other assets
  • $275,343Total liabilities and capital
  • $259,621Total liabilities
  • $240,428Total deposits
  • $259,621Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $14,500Trading liabilities
  • $0Other borrowed funds
  • $1,222Subordinated debt
  • $44,866All other liabilities
  • $44,866Total equity capital
  • $44,866Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $10,000Surplus
  • $34,866Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,610Income earned, not collected on loans
  • $0Earning assets
  • $878Long-term assets (5+ years)
  • $296,997Average Assets, year-to-date
  • $179,539Average Assets, quarterly
  • $324,329Volatile liabilities
  • $321,757Insider loans
  • $227,970FHLB advances
  • $323,568Loans and leases held for sale
  • $63Unused loan commitments
  • $63Tier 1 (core) risk-based capital
  • $44,127Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $26,226Restructured Loans and leases
  • $1,511Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,684Total interest income
  • $3,268Total interest expense
  • $11,416Net interest income
  • $798Provision for loan and lease losses
  • $2,013Total noninterest income
  • $0Fiduciary activities
  • $599Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,414Additional noninterest income
  • $10,833Total noninterest expense
  • $5,967Salaries and employee benefits
  • $1,434Premises and equipment expense
  • $3,432Additional noninterest expense
  • $1,798Pre-tax net operating income
  • $626Securities gains (losses)
  • $770Applicable income taxes
  • $1,654Income before extraordinary items
  • -$1,524Extraordinary gains - net
  • $130Net income attributable to bank
  • $0Net charge-offs
  • $130Cash dividends
  • $393Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.90%Yield on earning assets
  • 1.09%Cost of funding earning assets
  • 3.81%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 3.61%Noninterest expense to earning assets
  • 0.38%Net operating income to assets
  • 0.04%Return on assets (ROA)
  • 0.28%Pretax return on assets
  • 0.29%Return on equity (ROE)
  • 0.29%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 203.05%Credit loss provision to net charge-offs
  • 6.61%Efficiency ratio
  • 80,669Assets per employee
  • 3.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.15%Loss allowance to noncurrent loans
  • 83.10%Noncurrent assets plus other real estate owned to assets
  • 2.28%Noncurrent loans to loans
  • 1.39%Net loans and leases to deposits
  • 99.17%Net loans and leases to core deposits
  • 107.76%Equity capital to assets
  • 14.01%Core capital (leverage) ratio
  • 13.64%Tier 1 risk-based capital ratio
  • 19.36%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $324,329Average earning assets
  • $45,096Average equity
  • $299,834Average loans

List of branches

  • 5 New Hampshire Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011965Claremont Savings Bank145 Broad Street, Claremont, NH 3743April 15, 1907Full Service Brick and Mortar
    2243629Cornish Flat BranchSchool Street, Cornish Flat, NH 3746January 14, 1981Full Service Brick and Mortar
    3243630Washington Street Branch356 Washington Street, Claremont, NH 3743September 21, 1981Full Service Brick and Mortar
    4243631Charlestown Branch135 Main Street, Charlestown, NH 3603September 27, 1983Full Service Brick and Mortar
    5243632Maple Avenue Branch158 Maple Avenue, Claremont, NH 3743March 18, 1988Full Service Brick and Mortar

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