Kennebunk Savings Bank in Kennebunk, Maine (ME), NH
Overview, Financial Summary, Detailed Financial Reports, Branches


Kennebunk Savings Bank - Overview

  • General
  • FDIC Certificate #: 13063
    Status: Active
    Federal Reserve ID: 247908
    Date Established: May 01, 1871
    WWW: http://www.kennebunksavings.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 15 (Domestic: 15, Interstate: Yes)
    OTS Docket #: 8510
    FDIC's unique #: 8258
    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: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 31, 2009
    Last Structure Change Process Date: May 27, 2010
    Last Data Update: May 27, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 104 Main Street, Kennebunk, ME 4043
    County: York
    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): Portland-Lewiston-South Portland, ME (#438)
    Core Based Statistical Area (CBSA): Portland-South Portland-Biddeford, ME (#38860)
    CBSA Metro Statistical Area: Portland-South Portland-Biddeford, ME (#38860)
  • Financial Summary
  • Total assets: $821.4 mil
    Equity capital: $81.8 mil
    Deposits held in domestic offices: $660.6 mil
    Return on assets (ROA): 0.51% ($4.2 mil)
    Quarterly return on assets: 0.49% ($4.0 mil)
    Return on Equity (ROE): 5.19% ($4.3 mil)
    Quarterly return on equity: 4.93% ($4.0 mil)
    Net income: $4.2 mil
    Quarterly Net income: $1.0 mil
    Pretax return on assets: 0.75% ($6,160.4 mil)
    Quarterly Pretax return on assets: 0.66% ($5,421.2 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
  • 270Total employees (full-time equivalent)
  • $821,387Total assets
  • $19,326Cash and due from depository institutions
  • $8,321Interest-bearing balances
  • $78,735Securities
  • $1Federal funds sold & reverse repurchase agreements
  • $662,375Net loans & leases
  • $9,780Loan loss allowance
  • $0Trading account assets
  • $17,958Bank premises and fixed assets
  • $0Other real estate owned
  • $1,274Goodwill and other intangibles
  • $821,387Life insurance assets
  • $41,718All other assets
  • $739,586Total liabilities and capital
  • $660,634Total liabilities
  • $498,421Total deposits
  • $660,634Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $67,593Trading liabilities
  • $0Other borrowed funds
  • $11,359Subordinated debt
  • $81,801All other liabilities
  • $81,801Total equity capital
  • $81,801Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $9,000Surplus
  • $72,801Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $274Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $15,460Income earned, not collected on loans
  • $1,087Earning assets
  • $2,661Long-term assets (5+ years)
  • $749,432Average Assets, year-to-date
  • $361,406Average Assets, quarterly
  • $809,246Volatile liabilities
  • $826,979Insider loans
  • $664,384FHLB advances
  • $832,129Loans and leases held for sale
  • $19,892Unused loan commitments
  • $1,622Tier 1 (core) risk-based capital
  • $82,716Tier 2 risk-based capital
  • $16,171Total risk weighted assets
  • $2,099Total unused commitments
  • $144,516Restructured Loans and leases
  • $446Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $37,355Total interest income
  • $5,237Total interest expense
  • $32,118Net interest income
  • $1,587Provision for loan and lease losses
  • $7,849Total noninterest income
  • $0Fiduciary activities
  • $1,223Service charges on deposit accounts
  • $0Trading account gains & fees
  • $6,626Additional noninterest income
  • $32,665Total noninterest expense
  • $18,418Salaries and employee benefits
  • $4,690Premises and equipment expense
  • $9,557Additional noninterest expense
  • $5,715Pre-tax net operating income
  • $330Securities gains (losses)
  • $1,878Applicable income taxes
  • $4,167Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,167Net income attributable to bank
  • $0Net charge-offs
  • $4,167Cash dividends
  • $2,325Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.06%Yield on earning assets
  • 0.71%Cost of funding earning assets
  • 4.35%Net interest margin
  • 1.06%Noninterest income to earning assets
  • 4.42%Noninterest expense to earning assets
  • 0.49%Net operating income to assets
  • 0.51%Return on assets (ROA)
  • 0.75%Pretax return on assets
  • 5.19%Return on equity (ROE)
  • 5.19%Retained earnings to average equity (YTD only)
  • 0.36%Net charge-offs to loans
  • 68.26%Credit loss provision to net charge-offs
  • 3.14%Efficiency ratio
  • 81,350Assets per employee
  • 3.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.46%Loss allowance to noncurrent loans
  • 63.26%Noncurrent assets plus other real estate owned to assets
  • 1.95%Noncurrent loans to loans
  • 2.30%Net loans and leases to deposits
  • 100.26%Net loans and leases to core deposits
  • 101.91%Equity capital to assets
  • 9.96%Core capital (leverage) ratio
  • 9.94%Tier 1 risk-based capital ratio
  • 12.45%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $809,246Average earning assets
  • $80,230Average equity
  • $738,275Average loans

List of branches

  • 14 Maine Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08258Kennebunk Savings Bank104 Main Street, Kennebunk, ME 4043May 01, 1871Full Service Brick and Mortar
    1228833York Branch16 Woodbridge Road, York, ME 3909December 30, 1969Full Service Brick and Mortar
    2228834North Berwick BranchWells And Main Street, North Berwick, ME 3906July 01, 1971Full Service Brick and Mortar
    3228835Wells BranchRoute 109, Sanford Road, Wells, ME 4090August 11, 1975Full Service Brick and Mortar
    4228836Lower Village Branch10 Western Avenue, Kennebunk, ME 4043April 06, 1983Full Service Brick and Mortar
    5228837Ogunquit Branch25 South Main Street, Ogunquit, ME 3907April 15, 1983Full Service Brick and Mortar
    6228838Eliot BranchEliot Commons Professional Park, Route 236, Eliot, ME 3903March 23, 1987Full Service Brick and Mortar
    7228839South Sanford Branch470 Main Street, Sanford, ME 4073March 22, 1999Full Service Brick and Mortar
    8242659Kennebunk Financial Center50 Portland Road, Kennebunk, ME 4043July 02, 1975Full Service Brick and Mortar
    9362278Berwick Branch2 School Street, Berwick, ME 3901October 18, 2001Full Service Brick and Mortar
    10363699Kittery Branch4 Shapleigh Road, Kittery, ME 3904April 24, 2002Full Service Brick and Mortar
    11446169Hannaford Drive Branch2 Hannaford Drive, York, ME 3909December 19, 2005Full Service Brick and Mortar
    12462092Biddeford Branch422 Alfred Street, Biddeford, ME 4005March 19, 2007Full Service Brick and Mortar
    13473971Springvale Branch481 Main Street, Springvale, ME 4083April 07, 2008Full Service Brick and Mortar
  • 1 New Hampshire Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    15518082Portsmouth Nh Branch111 Maplewood Avenue, Portsmouth, NH 3801Febuary 22, 2011Full Service Brick and Mortar

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