Franklin Lamoille Bank, National Association in Saint Albans, Vermont (VT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 2002

  • Franklin Lamoille Bank, National Association in Saint Albans, Vermont (VT)
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Franklin Lamoille Bank, National Association - Overview

  • General
  • FDIC Certificate #: 14167
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: TD Bank, National Association (#18409)
    Federal Reserve ID: 181404
    Date Established: November 11, 1899
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 8 (Interstate: No)
    FDIC's unique #: 8843
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: March 31, 1934
    Last Structure Change Effective Date: January 01, 2002
    Last Structure Change Process Date: January 28, 2002
    Last Data Update: January 28, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 8 North Main Street, Saint Albans, VT 5478
    County: Franklin
    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
    Core Based Statistical Area (CBSA): Burlington-South Burlington, VT (#15540)
    CBSA Metro Statistical Area: Burlington-South Burlington, VT (#15540)
  • Financial Summary
  • Total assets: $333.8 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, 2001)

  • Dollar figures in thousands
  • 57Total employees (full-time equivalent)
  • $333,826Total assets
  • $12,731Cash and due from depository institutions
  • $1Interest-bearing balances
  • $79,452Securities
  • $18,528Federal funds sold & reverse repurchase agreements
  • $208,385Net loans & leases
  • $2,185Loan loss allowance
  • $0Trading account assets
  • $1,857Bank premises and fixed assets
  • $161Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $12,712All other assets
  • $333,826Total liabilities and capital
  • $308,617Total liabilities
  • $272,314Total deposits
  • $222,333Interest-bearing deposits
  • $272,314Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $32,257Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,984Other borrowed funds
  • $0Subordinated debt
  • $2,062All other liabilities
  • $25,209Total equity capital
  • $25,209Total bank equity capital
  • $25,209Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $8,742Undivided profits
  • Memoranda
  • $16,467Noncurrent loans and leases
  • $68,787Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $870Earning assets
  • $116Long-term assets (5+ years)
  • $1,746Average Assets, year-to-date
  • $306,366Average Assets, quarterly
  • $99,280Volatile liabilities
  • $332,445Insider loans
  • $333,016FHLB advances
  • $51,037Loans and leases held for sale
  • $6,585Unused loan commitments
  • $1,404Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $68,787Total unused commitments
  • $0Restructured Loans and leases
  • $2,185Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $23,506Total interest income
  • $9,799Total interest expense
  • $13,707Net interest income
  • -$245Provision for loan and lease losses
  • $2,088Total noninterest income
  • $0Fiduciary activities
  • $1,231Service charges on deposit accounts
  • $0Trading account gains & fees
  • $857Additional noninterest income
  • $7,984Total noninterest expense
  • $2,432Salaries and employee benefits
  • $885Premises and equipment expense
  • $4,667Additional noninterest expense
  • $8,056Pre-tax net operating income
  • $0Securities gains (losses)
  • $2,634Applicable income taxes
  • $5,422Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,422Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $530Sale, conversion, retirement of capital stock, net
  • $4,822Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.65%Yield on earning assets
  • 3.19%Cost of funding earning assets
  • 4.46%Net interest margin
  • 0.68%Noninterest income to earning assets
  • 2.60%Noninterest expense to earning assets
  • 1.63%Net operating income to assets
  • 1.63%Return on assets (ROA)
  • 2.42%Pretax return on assets
  • 22.16%Return on equity (ROE)
  • 2.45%Retained earnings to average equity (YTD only)
  • 0.24%Net charge-offs to loans
  • -46.23%Credit loss provision to net charge-offs
  • 14.74%Efficiency ratio
  • 50,548Assets per employee
  • 5.86%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 88.93%Loss allowance to loans
  • 1.04%Loss allowance to noncurrent loans
  • 251.15%Noncurrent assets plus other real estate owned to assets
  • 0.31%Noncurrent loans to loans
  • 0.41%Net loans and leases to deposits
  • 76.52%Net loans and leases to core deposits
  • 82.00%Equity capital to assets
  • 7.55%Core capital (leverage) ratio
  • 7.24%Tier 1 risk-based capital ratio
  • 10.44%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $332,445Average earning assets
  • $24,472Average equity
  • $307,135Average loans

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