Concord Savings Bank in city_name, state_name - Detailed Financial Reports, Location

Concord Savings Bank in Concord, New Hampshire (NH)
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Concord Savings Bank - Overview

General
FDIC Certificate #: 18026
Status: Inactive
Closing history: Office Purchased
Acquiring institution: CFX Bank (#17991)
Federal Reserve ID: 64208
Date Established: January 01, 1872
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 7 (Interstate: No)
OTS Docket #: 7712
FDIC's unique #: 11955
Numeric code: 41
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
FDIC Insured: Yes
Insured Savings Institution: Yes
State Chartered: Yes
Date of Deposit Insurance: July 02, 1959
Last Structure Change Effective Date: August 29, 1997
Last Structure Change Process Date: September 15, 1997
Last Data Update: January 14, 1999
Data Source Date: April 05, 2012
Location
Address: 43 North Main Street, Concord, NH 3301
County: Merrimack
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): Boston-Worcester-Manchester, MA-RI-NH (#148)
Core Based Statistical Area (CBSA): Concord, NH (#18180)
CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Corrections
Office Purchased
Financial Summary
Total assets: $492.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$191Total assets
$441,738Cash and due from depository institutions
$12,587Interest-bearing balances
$7Securities
$99,902Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$312,722Loan loss allowance
$3,024Trading account assets
$0Bank premises and fixed assets
$8,823Other real estate owned
$738Goodwill and other intangibles
$4,755Life insurance assets
$2,211All other assets
$0Total liabilities and capital
$441,738Total liabilities
$410,302Total deposits
$311,596Interest-bearing deposits
$284,039Deposits held in domestic offices
311596.00%% insured (estimated)
$93Federal funds purchased & repurchase agreements
$24,838Trading liabilities
$0Other borrowed funds
$70,887Subordinated debt
$0All other liabilities
$2,981Total equity capital
$2,981Total bank equity capital
$31,436Perpetual preferred stock
$0Common stock
$200Surplus
$14,250Undivided profits
Memoranda
$16,986Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$942Income earned, not collected on loans
$2,090Earning assets
$412,631Long-term assets (5+ years)
$27,890Average Assets, year-to-date
$431,677Average Assets, quarterly
$442,557Volatile liabilities
$93,182Insider loans
$419FHLB advances
$0Loans and leases held for sale
$1,755Unused loan commitments
$36,857Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$31,217Total risk weighted assets
$327,750Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$33,396Total interest expense
$17,207Net interest income
$16,189Provision for loan and lease losses
$1,050Total noninterest income
$4,109Fiduciary activities
$0Service charges on deposit accounts
$716Trading account gains & fees
$0Additional noninterest income
$3,393Total noninterest expense
$13,948Salaries and employee benefits
$6,594Premises and equipment expense
$2,180Additional noninterest expense
$5,174Pre-tax net operating income
$5,300Securities gains (losses)
$538Applicable income taxes
$1,939Income before extraordinary items
$3,899Extraordinary gains - net
$0Net income attributable to bank
$3,899Net charge-offs
$1,033Cash dividends
$1,264Sale, conversion, retirement of capital stock, net
$50Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.27%Cost of funding earning assets
4.26%Net interest margin
4.01%Noninterest income to earning assets
1.02%Noninterest expense to earning assets
3.45%Net operating income to assets
0.82%Return on assets (ROA)
0.90%Pretax return on assets
1.35%Return on equity (ROE)
12.99%Retained earnings to average equity (YTD only)
8.78%Net charge-offs to loans
0.35%Credit loss provision to net charge-offs
101.65%Efficiency ratio
66,534Assets per employee
2.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
32.42%Loss allowance to loans
0.96%Loss allowance to noncurrent loans
321.02%Noncurrent assets plus other real estate owned to assets
0.38%Noncurrent loans to loans
0.30%Net loans and leases to deposits
100.36%Net loans and leases to core deposits
108.46%Equity capital to assets
7.12%Core capital (leverage) ratio
7.09%Tier 1 risk-based capital ratio
9.52%Total risk-based capital ratio
Memoranda
$10Average assets
$431,677Average earning assets
$30,008Average equity
$403,960Average loans

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

Concord Savings Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

Comment about this bank, ask questions, or add new information about it:

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

Concord Savings Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

Comment about this bank, ask questions, or add new information about it:

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