Connecticut River Bank, National Association in Springfield, Vermont (VT), NH
Overview, Financial Summary, Detailed Financial Reports, Branches

Connecticut River Bank, National Association - Overview

  • General
  • FDIC Certificate #: 6209
    Status: Active
    Federal Reserve ID: 40707
    Bank Holding Company (Regulatory Top Holder): Connecticut River Bancorp, Inc. (RSSDID: 1114502, Location: Charlestown, NH)
    Date Established: January 01, 1864
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 11 (Domestic: 11, Interstate: Yes)
    OTS Docket #: 9179
    FDIC's unique #: 4186
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 16, 2008
    Last Structure Change Process Date: July 16, 2008
    Last Data Update: July 16, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 242 River Street, Springfield, VT 5156
    County: Windsor
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Springfield Ma
    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): Lebanon, NH-VT (#30100)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $267.5 mil
    Equity capital: $21.4 mil
    Deposits held in domestic offices: $242.4 mil
    Return on assets (ROA): 0.36% ($1.0 mil)
    Quarterly return on assets: 0.45% ($1.2 mil)
    Return on Equity (ROE): 4.50% ($0.9 mil)
    Quarterly return on equity: 5.62% ($1.2 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.50% ($1,337.3 mil)
    Quarterly Pretax return on assets: 0.64% ($1,711.8 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
  • 92Total employees (full-time equivalent)
  • $267,468Total assets
  • $52,573Cash and due from depository institutions
  • $46,475Interest-bearing balances
  • $31,484Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $168,899Net loans & leases
  • $2,491Loan loss allowance
  • $0Trading account assets
  • $7,154Bank premises and fixed assets
  • $461Other real estate owned
  • $538Goodwill and other intangibles
  • $267,468Life insurance assets
  • $6,359All other assets
  • $246,045Total liabilities and capital
  • $242,351Total liabilities
  • $181,656Total deposits
  • $242,351Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,122Trading liabilities
  • $0Other borrowed funds
  • $572Subordinated debt
  • $21,423All other liabilities
  • $21,423Total equity capital
  • $21,423Total bank equity capital
  • $0Perpetual preferred stock
  • $686Common stock
  • $2,751Surplus
  • $17,986Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,207Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,664Income earned, not collected on loans
  • $124Earning assets
  • $733Long-term assets (5+ years)
  • $246,858Average Assets, year-to-date
  • $83,245Average Assets, quarterly
  • $264,147Volatile liabilities
  • $267,334Insider loans
  • $169,031FHLB advances
  • $269,737Loans and leases held for sale
  • $2,429Unused loan commitments
  • $2,429Tier 1 (core) risk-based capital
  • $21,015Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $28,845Restructured Loans and leases
  • $263Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,643Total interest income
  • $1,818Total interest expense
  • $8,825Net interest income
  • $604Provision for loan and lease losses
  • $2,435Total noninterest income
  • $0Fiduciary activities
  • $915Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,520Additional noninterest income
  • $9,334Total noninterest expense
  • $5,368Salaries and employee benefits
  • $1,471Premises and equipment expense
  • $2,495Additional noninterest expense
  • $1,322Pre-tax net operating income
  • $0Securities gains (losses)
  • $373Applicable income taxes
  • $949Income before extraordinary items
  • $0Extraordinary gains - net
  • $949Net income attributable to bank
  • $0Net charge-offs
  • $949Cash dividends
  • $329Sale, conversion, retirement of capital stock, net
  • $569Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.35%Yield on earning assets
  • 0.74%Cost of funding earning assets
  • 3.60%Net interest margin
  • 0.99%Noninterest income to earning assets
  • 3.81%Noninterest expense to earning assets
  • 0.36%Net operating income to assets
  • 0.36%Return on assets (ROA)
  • 0.50%Pretax return on assets
  • 4.50%Return on equity (ROE)
  • 1.80%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 183.59%Credit loss provision to net charge-offs
  • 5.85%Efficiency ratio
  • 82,895Assets per employee
  • 2.91%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 59.96%Loss allowance to loans
  • 1.45%Loss allowance to noncurrent loans
  • 149.70%Noncurrent assets plus other real estate owned to assets
  • 0.79%Noncurrent loans to loans
  • 0.97%Net loans and leases to deposits
  • 69.69%Net loans and leases to core deposits
  • 77.16%Equity capital to assets
  • 8.01%Core capital (leverage) ratio
  • 7.79%Tier 1 risk-based capital ratio
  • 12.43%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $264,147Average earning assets
  • $21,099Average equity
  • $244,823Average loans

List of branches

  • 10 New Hampshire Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    2208972Fall Mountain BranchRoute 123, Langdon, NH 3602May 21, 1979Full Service Brick and Mortar
    3208973Claremont Branch137-139 Broad Street, Claremont, NH 3743October 03, 1983Full Service Brick and Mortar
    5208975West Street Branch255 West Street, Keene, NH 3431Febuary 02, 1987Full Service Brick and Mortar
    6208976Walpole BranchMain Street, Walpole, NH 3608July 02, 1990Full Service Brick and Mortar
    7208977Charlestown Branch245 Main Street, Charlestown, NH 3603October 01, 1996Full Service Brick and Mortar
    913423Littleton, N. H./Branch8 Main Street, Littleton, NH 3561August 29, 1966Full Service Brick and Mortar
    10249001Lancaster BranchRoutes 2 And 3, North Main Street, Lancaster, NH 3584October 15, 1984Full Service Brick and Mortar
    11249003Bethlehem Branch2212 Main Street, Bethlehem, NH 3574September 18, 1989Full Service Brick and Mortar
    12249004Meadow Street Branch618 Meadow Street, Littleton, NH 3561July 22, 1999Full Service Brick and Mortar
    14362202Franconia BranchKelly's Foodtown, 347 Main Street, Franconia, NH 3580July 01, 2000Full Service Brick and Mortar
  • 1 Vermont Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04186Connecticut River Bank, National Association242 River Street, Springfield, VT 5156January 01, 1864Full Service Brick and Mortar

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