Kennebec Savings Bank in city_name, state_name - Detailed Financial Reports, Location

Kennebec Savings Bank in Augusta, Maine (ME)
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Kennebec Savings Bank routing number info

Kennebec Savings Bank - Overview

General
FDIC Certificate #: 17897
Status: Active
Federal Reserve ID: 583905
Date Established: March 19, 1870
WWW: http://www.kennebecsavings.com
Trust Powers Granted: Yes
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
OTS Docket #: 10711
FDIC's unique #: 11836
Numeric code: 42
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: 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: Mortgage Lending Specialization
Date of Deposit Insurance: August 14, 1958
Last Structure Change Effective Date: July 30, 2008
Last Structure Change Process Date: July 30, 2008
Last Data Update: July 30, 2008
Data Source Date: April 05, 2012
Location
Address: 150 State Street, Augusta, ME 4332
County: Kennebec
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
Core Based Statistical Area (CBSA): Augusta-Waterville, ME (#12300)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $795.4 mil
Equity capital: $82.4 mil
Deposits held in domestic offices: $526.1 mil
Return on assets (ROA): 0.62% ($4.9 mil)
Quarterly return on assets: 0.78% ($6.2 mil)
Return on Equity (ROE): 6.06% ($5.0 mil)
Quarterly return on equity: 7.62% ($6.2 mil)
Net income: $4.9 mil
Quarterly Net income: $1.6 mil
Pretax return on assets: 0.86% ($6,840.7 mil)
Quarterly Pretax return on assets: 0.94% ($7,477.0 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, 2011)

Dollar figures in thousands
92Total employees (full-time equivalent)
$795,427Total assets
$15,650Cash and due from depository institutions
$12,242Interest-bearing balances
$101,958Securities
$0Federal funds sold & reverse repurchase agreements
$635,445Net loans & leases
$3,527Loan loss allowance
$0Trading account assets
$13,456Bank premises and fixed assets
$294Other real estate owned
$0Goodwill and other intangibles
$795,427Life insurance assets
$28,624All other assets
$712,994Total liabilities and capital
$526,126Total liabilities
$495,834Total deposits
$526,126Interest-bearing deposits
$91Deposits held in domestic offices
21319.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$149,514Trading liabilities
$0Other borrowed funds
$16,035Subordinated debt
$82,433All other liabilities
$82,433Total equity capital
$82,433Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$82,433Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$5,211Income earned, not collected on loans
$0Earning assets
$1,670Long-term assets (5+ years)
$749,645Average Assets, year-to-date
$474,354Average Assets, quarterly
$785,001Volatile liabilities
$796,235Insider loans
$507,509FHLB advances
$792,785Loans and leases held for sale
$7,025Unused loan commitments
$7,025Tier 1 (core) risk-based capital
$85,251Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$71,839Restructured Loans and leases
$4,674Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$34,660Total interest income
$13,451Total interest expense
$21,209Net interest income
$810Provision for loan and lease losses
$2,286Total noninterest income
$281Fiduciary activities
$70Service charges on deposit accounts
$0Trading account gains & fees
$1,935Additional noninterest income
$16,199Total noninterest expense
$8,571Salaries and employee benefits
$2,229Premises and equipment expense
$5,399Additional noninterest expense
$6,486Pre-tax net operating income
$274Securities gains (losses)
$1,887Applicable income taxes
$4,873Income before extraordinary items
$0Extraordinary gains - net
$4,873Net income attributable to bank
$0Net charge-offs
$4,873Cash dividends
$586Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.69%Yield on earning assets
1.82%Cost of funding earning assets
2.87%Net interest margin
0.31%Noninterest income to earning assets
2.19%Noninterest expense to earning assets
0.60%Net operating income to assets
0.62%Return on assets (ROA)
0.86%Pretax return on assets
6.06%Return on equity (ROE)
6.06%Retained earnings to average equity (YTD only)
0.09%Net charge-offs to loans
138.23%Credit loss provision to net charge-offs
12.45%Efficiency ratio
68,947Assets per employee
8.65%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.55%Loss allowance to noncurrent loans
67.68%Noncurrent assets plus other real estate owned to assets
0.69%Noncurrent loans to loans
0.82%Net loans and leases to deposits
120.78%Net loans and leases to core deposits
133.55%Equity capital to assets
10.36%Core capital (leverage) ratio
10.75%Tier 1 risk-based capital ratio
16.80%Total risk-based capital ratio
Memoranda
$17Average assets
$785,001Average earning assets
$80,397Average equity
$739,139Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$58,495Managed Assets
1Number of Accounts
$58,495Personal trust and agency accounts
$28,253Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$7,387Corporate trust and agency accounts
$0Investment management agency accounts
$22,855Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
183Number of Accounts
$0Personal trust and agency accounts
$7,387Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

5 Maine Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	11836	Kennebec Savings Bank	150 State Street, Augusta, ME 4332	March 19, 1870	Full Service Brick and Mortar
1	243108	Winthrop Branch	84 Main Street, Winthrop, ME 4364	July 27, 1992	Full Service Brick and Mortar
2	41434	Waterville Branch	226 Main Street, Waterville, ME 4901	January 01, 1887	Full Service Brick and Mortar
3	358192	Granite Hill Estates Branch	Granite Hill Estates, 60 Balsam Drive, Hallowell, ME 4347	September 19, 2000	Limited Service Facility
4	499547	Gardiner Branch	35 Bridge Street, Gardiner, ME 4345	December 14, 2009	Full Service Brick and Mortar

Kennebec Savings Bank in Augusta, Maine (ME)
Overview, Financial Summary, Detailed Financial Reports, Branches

Kennebec Savings Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

Kennebec Savings Bank in Augusta, Maine (ME)Overview, Financial Summary, Detailed Financial Reports, Branches

Kennebec Savings Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

Kennebec Savings Bank in Augusta, Maine (ME)
Overview, Financial Summary, Detailed Financial Reports, Branches