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


  • Hampshire First Bank in Manchester, New Hampshire (NH)
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Hampshire First Bank - Overview

  • General
  • FDIC Certificate #: 58394
    Status: Active
    Federal Reserve ID: 3460847
    Bank Holding Company (Regulatory Top Holder): Meridian Financial Services, Inc (RSSDID: 1902651, Location: East Boston, MA)
    Date Established: November 14, 2006
    WWW: http://www.hampshirefirst.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 450434
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: November 14, 2006
    Last Structure Change Effective Date: December 04, 2009
    Last Structure Change Process Date: January 04, 2010
    Last Data Update: January 04, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 80 Canal Street, Manchester, NH 3101
    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
  • Office Purchased
  • Financial Summary
  • Total assets: $273.6 mil
    Equity capital: $29.2 mil
    Deposits held in domestic offices: $225.6 mil
    Return on assets (ROA): 0.60% ($1.6 mil)
    Quarterly return on assets: 0.28% ($0.8 mil)
    Return on Equity (ROE): 5.56% ($1.6 mil)
    Quarterly return on equity: 2.58% ($0.7 mil)
    Net income: $1.6 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.08% ($2,955.2 mil)
    Quarterly Pretax return on assets: 0.78% ($2,134.3 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
  • 45Total employees (full-time equivalent)
  • $273,627Total assets
  • $5,746Cash and due from depository institutions
  • $1,598Interest-bearing balances
  • $22,186Securities
  • $10,980Federal funds sold & reverse repurchase agreements
  • $227,519Net loans & leases
  • $3,174Loan loss allowance
  • $0Trading account assets
  • $2,040Bank premises and fixed assets
  • $257Other real estate owned
  • $40Goodwill and other intangibles
  • $273,627Life insurance assets
  • $4,859All other assets
  • $244,442Total liabilities and capital
  • $225,608Total liabilities
  • $209,750Total deposits
  • $225,608Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 2.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $16,750Trading liabilities
  • $0Other borrowed funds
  • $2,082Subordinated debt
  • $29,185All other liabilities
  • $29,185Total equity capital
  • $29,185Total bank equity capital
  • $0Perpetual preferred stock
  • $3,000Common stock
  • $27,587Surplus
  • $-1,402Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $3,179Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,838Income earned, not collected on loans
  • $0Earning assets
  • $742Long-term assets (5+ years)
  • $262,283Average Assets, year-to-date
  • $95,133Average Assets, quarterly
  • $260,654Volatile liabilities
  • $273,296Insider loans
  • $225,917FHLB advances
  • $276,057Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $28,763Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $22,271Restructured Loans and leases
  • $1,322Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,907Total interest income
  • $3,802Total interest expense
  • $9,105Net interest income
  • $722Provision for loan and lease losses
  • $547Total noninterest income
  • $0Fiduciary activities
  • $143Service charges on deposit accounts
  • $0Trading account gains & fees
  • $404Additional noninterest income
  • $6,134Total noninterest expense
  • $3,306Salaries and employee benefits
  • $734Premises and equipment expense
  • $2,094Additional noninterest expense
  • $2,796Pre-tax net operating income
  • $27Securities gains (losses)
  • $1,247Applicable income taxes
  • $1,576Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,576Net income attributable to bank
  • $0Net charge-offs
  • $1,576Cash dividends
  • $218Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.13%Yield on earning assets
  • 1.51%Cost of funding earning assets
  • 3.62%Net interest margin
  • 0.22%Noninterest income to earning assets
  • 2.44%Noninterest expense to earning assets
  • 0.60%Net operating income to assets
  • 0.60%Return on assets (ROA)
  • 1.08%Pretax return on assets
  • 5.56%Return on equity (ROE)
  • 5.56%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 331.19%Credit loss provision to net charge-offs
  • 16.14%Efficiency ratio
  • 63,407Assets per employee
  • 6.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.38%Loss allowance to noncurrent loans
  • 65.61%Noncurrent assets plus other real estate owned to assets
  • 1.86%Noncurrent loans to loans
  • 2.10%Net loans and leases to deposits
  • 100.85%Net loans and leases to core deposits
  • 138.92%Equity capital to assets
  • 10.67%Core capital (leverage) ratio
  • 10.42%Tier 1 risk-based capital ratio
  • 12.73%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $260,654Average earning assets
  • $28,347Average equity
  • $251,425Average loans

List of branches

  • 5 New Hampshire Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0450434Hampshire First Bank80 Canal Street, Manchester, NH 3101November 14, 2006Full Service Brick and Mortar
    1465400Nashua Branch221 Main Street, Nashua, NH 3060November 27, 2006Full Service Brick and Mortar
    2473495Keene Branch391 West Street, Keene, NH 3431October 22, 2007Full Service Brick and Mortar
    3454268Portsmouth Branch77 Hanover Street, Portsmouth, NH 3801March 27, 2006Full Service Brick and Mortar
    4510350Londonderry Branch68 Nashua Road, Londonderry, NH 3053October 19, 2009Full Service Brick and Mortar

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