First Alliance Bank and Trust Company in Manchester, New Hampshire (NH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 02, 2001

  • First Alliance Bank and Trust Company in Manchester, New Hampshire (NH)
  • Show street view No street view available for this location

First Alliance Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 34264
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Bank of New England (#24540)
    Federal Reserve ID: 2565660
    Date Established: April 07, 1997
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 57023
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: April 07, 1997
    Last Structure Change Effective Date: Febuary 02, 2001
    Last Structure Change Process Date: Febuary 06, 2001
    Last Data Update: Febuary 06, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 1750 Elm Street, Suite 102, Manchester, NH 3104
    County: Hillsborough
    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
    Metropolitan Statistical Area (MSA): Manchester, NH (#4760)
    Consolidated Metropolitan Statistical Area (CMSA): Boston-Worcester-Lawrence, MA-NH-ME-CT (#7)
    Combined Statistical Area (CSA): Boston-Worcester-Manchester, MA-RI-NH (#148)
    Core Based Statistical Area (CBSA): Manchester-Nashua, NH (#31700)
    CBSA Metro Statistical Area: Manchester-Nashua, NH (#31700)
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $17.4 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 8Total employees (full-time equivalent)
  • $17,438Total assets
  • $788Cash and due from depository institutions
  • $0Interest-bearing balances
  • $1,422Securities
  • $2,232Federal funds sold & reverse repurchase agreements
  • $11,786Net loans & leases
  • $227Loan loss allowance
  • $0Trading account assets
  • $1,080Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $130All other assets
  • $17,438Total liabilities and capital
  • $17,103Total liabilities
  • $16,931Total deposits
  • $15,460Interest-bearing deposits
  • $16,931Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $172All other liabilities
  • $335Total equity capital
  • $335Total bank equity capital
  • $335Perpetual preferred stock
  • $0Common stock
  • $781Surplus
  • $4,767Undivided profits
  • Memoranda
  • $-5,213Noncurrent loans and leases
  • $1,110Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $72Average Assets, year-to-date
  • $15,440Average Assets, quarterly
  • $2,957Volatile liabilities
  • $22,061Insider loans
  • $17,965FHLB advances
  • $1,993Loans and leases held for sale
  • $269Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,110Total unused commitments
  • $0Restructured Loans and leases
  • $141Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $1,690Total interest income
  • $998Total interest expense
  • $692Net interest income
  • $0Provision for loan and lease losses
  • $58Total noninterest income
  • $0Fiduciary activities
  • $29Service charges on deposit accounts
  • $0Trading account gains & fees
  • $29Additional noninterest income
  • $1,873Total noninterest expense
  • $776Salaries and employee benefits
  • $286Premises and equipment expense
  • $811Additional noninterest expense
  • -$1,123Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$1,123Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,123Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.52%Yield on earning assets
  • 5.03%Cost of funding earning assets
  • 3.49%Net interest margin
  • 0.29%Noninterest income to earning assets
  • 9.45%Noninterest expense to earning assets
  • -5.09%Net operating income to assets
  • -5.09%Return on assets (ROA)
  • -5.09%Pretax return on assets
  • -138.64%Return on equity (ROE)
  • -138.64%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 249,733Assets per employee
  • 2.18%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.89%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 69.61%Net loans and leases to core deposits
  • 78.90%Equity capital to assets
  • 1.92%Core capital (leverage) ratio
  • 1.90%Tier 1 risk-based capital ratio
  • 3.06%Total risk-based capital ratio
  • Memoranda
  • $4Average assets
  • $22,061Average earning assets
  • $810Average equity
  • $19,829Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First Alliance Bank and Trust Company.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents