Horizon Bank and Trust in Concord, New Hampshire (NH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 16, 1995

  • Horizon Bank and Trust in Concord, New Hampshire (NH)
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Horizon Bank and Trust - Overview

  • General
  • FDIC Certificate #: 27441
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Primary Bank (#18016)
    Federal Reserve ID: 1358687
    Date Established: January 30, 1989
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 9603
    FDIC's unique #: 39935
    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: January 30, 1989
    Last Structure Change Effective Date: April 16, 1995
    Last Structure Change Process Date: April 25, 1995
    Last Data Update: April 25, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 195-197 Loudon Road, Concord, NH 3302
    County: Merrimack
    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
    Combined Statistical Area (CSA): Boston-Worcester-Manchester, MA-RI-NH (#148)
    Core Based Statistical Area (CBSA): Concord, NH (#18180)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $49.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $28Total assets
  • $50,098Cash and due from depository institutions
  • $1,766Interest-bearing balances
  • $10Securities
  • $8,715Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $38,075Loan loss allowance
  • $740Trading account assets
  • $0Bank premises and fixed assets
  • $723Other real estate owned
  • $93Goodwill and other intangibles
  • $726Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $50,098Total liabilities
  • $45,955Total deposits
  • $45,558Interest-bearing deposits
  • $38,368Deposits held in domestic offices
  • 45558.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $100Subordinated debt
  • $0All other liabilities
  • $297Total equity capital
  • $297Total bank equity capital
  • $4,143Perpetual preferred stock
  • $0Common stock
  • $111Surplus
  • $6,571Undivided profits
  • Memoranda
  • $-2,539Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $884Income earned, not collected on loans
  • $261Earning assets
  • $46,800Long-term assets (5+ years)
  • $7,119Average Assets, year-to-date
  • $50,305Average Assets, quarterly
  • $50,383Volatile liabilities
  • $522Insider loans
  • $1,885FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $5,415Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,154Total risk weighted assets
  • $40,884Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,945Total interest expense
  • $1,152Net interest income
  • $2,793Provision for loan and lease losses
  • $175Total noninterest income
  • $472Fiduciary activities
  • $0Service charges on deposit accounts
  • $288Trading account gains & fees
  • $0Additional noninterest income
  • $184Total noninterest expense
  • $2,713Salaries and employee benefits
  • $1,085Premises and equipment expense
  • $412Additional noninterest expense
  • $1,216Pre-tax net operating income
  • $377Securities gains (losses)
  • -$14Applicable income taxes
  • -$140Income before extraordinary items
  • $503Extraordinary gains - net
  • $0Net income attributable to bank
  • $503Net charge-offs
  • $281Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.39%Cost of funding earning assets
  • 2.45%Net interest margin
  • 5.94%Noninterest income to earning assets
  • 1.00%Noninterest expense to earning assets
  • 5.77%Net operating income to assets
  • 1.03%Return on assets (ROA)
  • 1.00%Pretax return on assets
  • 0.72%Return on equity (ROE)
  • 12.82%Retained earnings to average equity (YTD only)
  • 12.82%Net charge-offs to loans
  • 0.77%Credit loss provision to net charge-offs
  • 62.28%Efficiency ratio
  • 83,093Assets per employee
  • 1.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.91%Loss allowance to noncurrent loans
  • 83.71%Noncurrent assets plus other real estate owned to assets
  • 1.95%Noncurrent loans to loans
  • 2.28%Net loans and leases to deposits
  • 83.57%Net loans and leases to core deposits
  • 84.36%Equity capital to assets
  • 8.27%Core capital (leverage) ratio
  • 8.18%Tier 1 risk-based capital ratio
  • 10.16%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $50,305Average earning assets
  • $3,924Average equity
  • $47,046Average loans

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