First Essex Savings Bank of New Hampshire in city_name, state_name

First Essex Savings Bank of New Hampshire in Windham, New Hampshire (NH)
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First Essex Savings Bank of New Hampshire - Overview

General
FDIC Certificate #: 26714
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Essex Bank (#90219)
Federal Reserve ID: 217602
Date Established: July 07, 1986
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 8332
FDIC's unique #: 35791
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 07, 1986
Last Structure Change Effective Date: December 01, 1993
Last Structure Change Process Date: January 24, 1994
Last Data Update: January 24, 1994
Data Source Date: April 05, 2012
Location
Address: Range Road, Route 111a, Windham, NH 3087
County: Rockingham
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): Lawrence, MA-NH (#4160)
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): Boston-Cambridge-Quincy, MA-NH (#14460)
CBSA Metro Statistical Area: Boston-Cambridge-Quincy, MA-NH (#14460)
Core Based Statistical Division: Rockingham County-Strafford County, NH (#40484)
Financial Summary
Total assets: $37.5 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$12Total assets
$37,610Cash and due from depository institutions
$2,454Interest-bearing balances
$856Securities
$6,428Federal funds sold & reverse repurchase agreements
$3,275Net loans & leases
$20,747Loan loss allowance
$1,830Trading account assets
$0Bank premises and fixed assets
$424Other real estate owned
$3,652Goodwill and other intangibles
$630Life insurance assets
$0All other assets
$0Total liabilities and capital
$37,610Total liabilities
$34,408Total deposits
$24,736Interest-bearing deposits
$22,593Deposits held in domestic offices
24736.00%% insured (estimated)
$97Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$9,063Subordinated debt
$500All other liabilities
$109Total equity capital
$109Total bank equity capital
$3,202Perpetual preferred stock
$0Common stock
$100Surplus
$31,000Undivided profits
Memoranda
$-27,898Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$5,202Income earned, not collected on loans
$73Earning assets
$31,306Long-term assets (5+ years)
$4,460Average Assets, year-to-date
$39,927Average Assets, quarterly
$38,169Volatile liabilities
$9,507Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$5,130Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,202Total risk weighted assets
$23,236Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$2,067Total interest expense
$1,869Net interest income
$198Provision for loan and lease losses
-$225Total noninterest income
$688Fiduciary activities
$0Service charges on deposit accounts
$154Trading account gains & fees
$0Additional noninterest income
$534Total noninterest expense
$3,685Salaries and employee benefits
$232Premises and equipment expense
$373Additional noninterest expense
$3,080Pre-tax net operating income
-$2,574Securities gains (losses)
$2Applicable income taxes
$0Income before extraordinary items
-$2,572Extraordinary gains - net
$0Net income attributable to bank
-$2,572Net charge-offs
$828Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.72%Cost of funding earning assets
6.07%Net interest margin
0.64%Noninterest income to earning assets
2.24%Noninterest expense to earning assets
11.97%Net operating income to assets
-6.45%Return on assets (ROA)
-6.44%Pretax return on assets
-6.44%Return on equity (ROE)
-88.15%Retained earnings to average equity (YTD only)
-88.15%Net charge-offs to loans
4.31%Credit loss provision to net charge-offs
-27.17%Efficiency ratio
415,914Assets per employee
3.13%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
8.11%Loss allowance to noncurrent loans
35.18%Noncurrent assets plus other real estate owned to assets
23.54%Noncurrent loans to loans
23.04%Net loans and leases to deposits
83.87%Net loans and leases to core deposits
87.43%Equity capital to assets
8.51%Core capital (leverage) ratio
8.40%Tier 1 risk-based capital ratio
13.78%Total risk-based capital ratio
Memoranda
$16Average assets
$39,927Average earning assets
$2,918Average equity
$30,773Average loans

First Essex Savings Bank of New Hampshire in Windham, New Hampshire (NH)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Essex Savings Bank of New Hampshire - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

First Essex Savings Bank of New Hampshire in Windham, New Hampshire (NH)Overview, Financial Summary, Detailed Financial Reports, Branches

First Essex Savings Bank of New Hampshire - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

First Essex Savings Bank of New Hampshire in Windham, New Hampshire (NH)
Overview, Financial Summary, Detailed Financial Reports, Branches