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- Banks in New Hampshire (NH)
- Horizon Bank and Trust
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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- Banks in New Hampshire (NH)
- Horizon Bank and Trust
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